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Fulcrum Utility Services (LSE:FCRM) Cyclically Adjusted PB Ratio : 0.01 (As of May. 21, 2024)


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What is Fulcrum Utility Services Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Fulcrum Utility Services's current share price is £0.00125. Fulcrum Utility Services's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was £0.12. Fulcrum Utility Services's Cyclically Adjusted PB Ratio for today is 0.01.

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

LSE:FCRM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 1.56   Max: 5.89
Current: 0.01

During the past 13 years, Fulcrum Utility Services's highest Cyclically Adjusted PB Ratio was 5.89. The lowest was 0.01. And the median was 1.56.

LSE:FCRM's Cyclically Adjusted PB Ratio is not ranked
in the Construction industry.
Industry Median: 1.12 vs LSE:FCRM: 0.01

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.

Fulcrum Utility Services's adjusted book value per share data of for the fiscal year that ended in Mar23 was £0.052. 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 £0.12 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fulcrum Utility Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fulcrum Utility Services'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.

Fulcrum Utility Services Cyclically Adjusted PB Ratio Chart

Fulcrum Utility Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.25 3.88 0.77 0.09

Fulcrum Utility Services Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 3.88 - 0.77 - 0.09

Competitive Comparison of Fulcrum Utility Services's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Fulcrum Utility Services'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.


Fulcrum Utility Services's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fulcrum Utility Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fulcrum Utility Services's Cyclically Adjusted PB Ratio falls into.



Fulcrum Utility Services 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.

Fulcrum Utility Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.00125/0.12
=0.01

* 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.

Fulcrum Utility Services's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Fulcrum Utility Services's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.052/126.8000*126.8000
=0.052

Current CPI (Mar23) = 126.8000.

Fulcrum Utility Services Annual Data

Book Value per Share CPI Adj_Book
201403 -0.011 99.300 -0.014
201503 0.007 99.600 0.009
201603 0.036 100.400 0.045
201703 0.061 102.700 0.075
201803 0.169 105.100 0.204
201903 0.200 107.000 0.237
202003 0.204 108.600 0.238
202103 0.156 109.700 0.180
202203 0.115 116.500 0.125
202303 0.052 126.800 0.052

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.


Fulcrum Utility Services  (LSE:FCRM) 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.


Fulcrum Utility Services Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Fulcrum Utility Services's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fulcrum Utility Services (LSE:FCRM) Business Description

Traded in Other Exchanges
N/A
Address
2 Europa View, Sheffield Business Park, Sheffield, South Yorkshire, GBR, S9 1XH
Fulcrum Utility Services Ltd is an independent multi-utility infrastructure and services provider. The principal activities are the provision of unregulated utility connections and independent gas transportation services in the United Kingdom. The company designs and project manages utility connections for customers seeking either new connections or the alteration or refurbishment of existing connections ranging from single-site alterations to multi-utility and multi-site new connections. It has two operating segments namely Infrastructure: Design and Build and Utility assets: Own and Operate. The company generates maximum revenue from Infrastructure: Design and Build segment. Geographically, it derives revenue from the United Kingdom.

Fulcrum Utility Services (LSE:FCRM) Headlines

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