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Franconofurt AG (HAM:FFM1) Cyclically Adjusted PB Ratio : 0.78 (As of Jun. 23, 2024)


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What is Franconofurt AG Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Franconofurt AG's current share price is €770.00. Franconofurt AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €987.14. Franconofurt AG's Cyclically Adjusted PB Ratio for today is 0.78.

The historical rank and industry rank for Franconofurt AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

HAM:FFM1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.15   Max: 1.54
Current: 0.78

During the past 13 years, Franconofurt AG's highest Cyclically Adjusted PB Ratio was 1.54. The lowest was 0.66. And the median was 1.15.

HAM:FFM1's Cyclically Adjusted PB Ratio is not ranked
in the Real Estate industry.
Industry Median: 0.69 vs HAM:FFM1: 0.78

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Franconofurt AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was €882.700. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €987.14 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franconofurt AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Franconofurt AG'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.

* Premium members only.

Franconofurt AG Cyclically Adjusted PB Ratio Chart

Franconofurt AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.22 1.37 1.30 0.76

Franconofurt AG Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.22 1.37 1.30 0.76

Competitive Comparison of Franconofurt AG's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Franconofurt AG'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.


Franconofurt AG's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Franconofurt AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Franconofurt AG's Cyclically Adjusted PB Ratio falls into.



Franconofurt AG 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.

Franconofurt AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=770.00/987.14
=0.78

* 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.

Franconofurt AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Franconofurt AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=882.7/123.7729*123.7729
=882.700

Current CPI (Dec23) = 123.7729.

Franconofurt AG Annual Data

Book Value per Share CPI Adj_Book
201412 909.528 99.543 1,130.922
201512 898.979 99.717 1,115.855
201612 844.560 101.217 1,032.769
201712 866.480 102.617 1,045.116
201812 774.520 104.217 919.852
201912 794.180 105.818 928.938
202012 844.960 105.518 991.144
202112 835.820 110.384 937.204
202212 855.200 119.345 886.930
202312 882.700 123.773 882.700

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.


Franconofurt AG  (HAM:FFM1) 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.


Franconofurt AG Cyclically Adjusted PB Ratio Related Terms

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Franconofurt AG (HAM:FFM1) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Hochstrasse 27, Frankfurt am Main, DEU, 60313
Franconofurt AG along with its subsidiaries, is involved in the property management business. It engages in a diversified array of services within this business, namely brokering, renovation, management, and purchasing of various properties.

Franconofurt AG (HAM:FFM1) Headlines

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