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Frontier Developments (STU:5FD) Cyclically Adjusted PB Ratio : 1.44 (As of May. 21, 2024)


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What is Frontier Developments Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Frontier Developments's current share price is €3.34. Frontier Developments's Cyclically Adjusted Book per Share for the fiscal year that ended in May23 was €2.32. Frontier Developments's Cyclically Adjusted PB Ratio for today is 1.44.

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

STU:5FD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 13.32   Max: 34.02
Current: 1.42

During the past 13 years, Frontier Developments's highest Cyclically Adjusted PB Ratio was 34.02. The lowest was 0.61. And the median was 13.32.

STU:5FD's Cyclically Adjusted PB Ratio is ranked better than
54.92% of 295 companies
in the Interactive Media industry
Industry Median: 1.66 vs STU:5FD: 1.42

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.

Frontier Developments's adjusted book value per share data of for the fiscal year that ended in May23 was €2.796. 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 €2.32 for the trailing ten years ended in May23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frontier Developments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Frontier Developments'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.

Frontier Developments Cyclically Adjusted PB Ratio Chart

Frontier Developments Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.95 21.36 20.47 7.67 2.75

Frontier Developments Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - 7.67 - 2.75 -

Competitive Comparison of Frontier Developments's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Frontier Developments'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.


Frontier Developments's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Frontier Developments's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Frontier Developments 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.

Frontier Developments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.34/2.32
=1.44

* 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.

Frontier Developments's Cyclically Adjusted Book per Share for the fiscal year that ended in May23 is calculated as:

For example, Frontier Developments's adjusted Book Value per Share data for the fiscal year that ended in May23 was:

Adj_Book=Book Value per Share/CPI of May23 (Change)*Current CPI (May23)
=2.796/129.1000*129.1000
=2.796

Current CPI (May23) = 129.1000.

Frontier Developments Annual Data

Book Value per Share CPI Adj_Book
201405 0.694 99.600 0.900
201505 0.860 100.100 1.109
201605 0.857 100.800 1.098
201705 1.070 103.500 1.335
201805 1.633 105.900 1.991
201905 2.201 107.900 2.633
202005 2.804 108.600 3.333
202105 3.334 111.000 3.878
202205 3.533 119.700 3.810
202305 2.796 129.100 2.796

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.


Frontier Developments  (STU:5FD) 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.


Frontier Developments Cyclically Adjusted PB Ratio Related Terms

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


Frontier Developments (STU:5FD) Business Description

Traded in Other Exchanges
Address
Milton Road, 26 Science Park, Cambridge, GBR, CB4 0FP
Frontier Developments PLC develops video games for the interactive entertainment sector. It develops games using its Cobra proprietary cross-platform technology along with industry-standard software packages, allowing code and resources developed on PC to be compiled. Its games include RollerCoaster Tycoon 3, LostWinds, Kinectimals, Kinect Disneyland Adventures and Coaster Crazy games. It has only one reportable segment: Self-Published Work. Business operations are based in the UK and its North American subsidiary, Frontier Developments Inc. in the US. The company has one operating segment, being revenue from publishing games and revenue from other streams such as royalties and licensing.

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