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Federal Screw Works (Federal Screw Works) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is Federal Screw Works Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal Screw Works Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Federal Screw Works's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Federal Screw Works Cyclically Adjusted PB Ratio Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
Cyclically Adjusted PB Ratio
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Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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Competitive Comparison of Federal Screw Works's Cyclically Adjusted PB Ratio

For the Tools & Accessories subindustry, Federal Screw Works's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Federal Screw Works's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Screw Works's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Federal Screw Works's Cyclically Adjusted PB Ratio falls into.



Federal Screw Works Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Federal Screw Works's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2004 is calculated as:

For example, Federal Screw Works's adjusted Book Value per Share data for the three months ended in Dec. 2004 was:

Adj_Book=Book Value per Share/CPI of Dec. 2004 (Change)*Current CPI (Dec. 2004)
=40.171/80.2896*80.2896
=40.171

Current CPI (Dec. 2004) = 80.2896.

Federal Screw Works Quarterly Data

Book Value per Share CPI Adj_Book
199503 17.267 63.877 21.703
199506 18.252 64.341 22.776
199509 18.022 64.637 22.386
199512 18.434 64.763 22.853
199603 19.082 65.692 23.322
199606 19.966 66.113 24.247
199609 19.848 66.578 23.936
199612 20.555 66.915 24.663
199703 21.559 67.506 25.642
199706 23.620 67.632 28.040
199709 23.090 68.012 27.258
199712 23.797 68.054 28.075
199803 24.801 68.434 29.098
199806 27.570 68.771 32.188
199809 26.981 69.025 31.384
199812 27.864 69.151 32.352
199903 29.207 69.615 33.685
199906 30.991 70.122 35.485
199909 30.218 70.839 34.249
199912 31.062 71.008 35.122
200003 33.409 72.231 37.136
200006 35.965 72.737 39.699
200009 35.264 73.286 38.634
200012 28.493 73.413 31.162
200103 28.817 74.341 31.123
200106 37.665 75.100 40.268
200109 36.845 75.227 39.325
200112 37.090 74.552 39.945
200203 38.161 75.438 40.615
200206 40.246 75.902 42.573
200209 39.528 76.366 41.559
200212 39.638 76.324 41.698
200303 32.133 77.716 33.197
200306 37.998 77.505 39.363
200309 37.628 78.138 38.664
200312 37.691 77.758 38.918
200403 37.703 79.066 38.286
200406 41.324 80.037 41.455
200409 41.080 80.121 41.167
200412 40.171 80.290 40.171

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Federal Screw Works  (OTCPK:FSCR) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Federal Screw Works Cyclically Adjusted PB Ratio Related Terms

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Federal Screw Works (Federal Screw Works) Business Description

Traded in Other Exchanges
N/A
Address
34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers component parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are primarily served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.

Federal Screw Works (Federal Screw Works) Headlines

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