/term/cyclically-adjusted-pb-ratio/WAR:FTE Fabryki Mebli Forte (WAR:FTE) Cyclically Adjusted PB Ratio
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Fabryki Mebli Forte (WAR:FTE) Cyclically Adjusted PB Ratio : 0.60 (As of Jun. 20, 2024)


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What is Fabryki Mebli Forte Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Fabryki Mebli Forte's current share price is zł21.30. Fabryki Mebli Forte's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was zł35.38. Fabryki Mebli Forte's Cyclically Adjusted PB Ratio for today is 0.60.

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

WAR:FTE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.25   Max: 2.57
Current: 0.61

During the past years, Fabryki Mebli Forte's highest Cyclically Adjusted PB Ratio was 2.57. The lowest was 0.49. And the median was 1.25.

WAR:FTE's Cyclically Adjusted PB Ratio is ranked better than
75.16% of 314 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.43 vs WAR:FTE: 0.61

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.

Fabryki Mebli Forte's adjusted book value per share data for the three months ended in Dec. 2023 was zł37.282. 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 zł35.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fabryki Mebli Forte Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fabryki Mebli Forte'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.

Fabryki Mebli Forte Cyclically Adjusted PB Ratio Chart

Fabryki Mebli Forte Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.21 1.44 1.80 1.57

Fabryki Mebli Forte Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 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 0.79 0.71 0.72 0.64

Competitive Comparison of Fabryki Mebli Forte's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Fabryki Mebli Forte'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.


Fabryki Mebli Forte's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fabryki Mebli Forte's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fabryki Mebli Forte's Cyclically Adjusted PB Ratio falls into.



Fabryki Mebli Forte 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.

Fabryki Mebli Forte's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.30/35.38
=0.60

* 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.

Fabryki Mebli Forte's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Fabryki Mebli Forte's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=37.282/147.7411*147.7411
=37.282

Current CPI (Dec. 2023) = 147.7411.

Fabryki Mebli Forte Quarterly Data

Book Value per Share CPI Adj_Book
201309 15.210 100.936 22.263
201312 16.037 101.018 23.455
201403 16.995 101.262 24.796
201406 16.279 101.180 23.770
201409 16.928 100.611 24.858
201412 17.582 100.122 25.944
201503 19.205 100.041 28.362
201506 17.369 100.448 25.547
201509 18.863 99.634 27.971
201512 19.865 99.471 29.505
201603 21.424 98.983 31.977
201606 20.320 99.552 30.156
201609 22.560 99.064 33.645
201612 22.736 100.366 33.468
201703 25.899 101.018 37.878
201706 26.059 101.180 38.051
201709 26.003 101.343 37.908
201712 26.895 102.564 38.742
201803 26.477 102.564 38.139
201806 24.976 103.378 35.694
201809 27.624 103.378 39.478
201812 30.614 103.785 43.580
201903 26.072 104.274 36.940
201906 26.767 105.983 37.313
201909 25.869 105.983 36.062
201912 32.643 107.123 45.021
202003 31.008 109.076 42.000
202006 30.883 109.402 41.706
202009 31.771 109.320 42.937
202012 33.164 109.565 44.720
202103 33.985 112.658 44.568
202106 32.263 113.960 41.827
202109 32.852 115.588 41.990
202112 33.104 119.088 41.069
202203 34.992 125.031 41.348
202206 32.967 131.705 36.981
202209 31.211 135.531 34.023
202306 38.776 147.009 38.969
202309 34.938 146.113 35.327
202312 37.282 147.741 37.282

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.


Fabryki Mebli Forte  (WAR:FTE) 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.


Fabryki Mebli Forte Cyclically Adjusted PB Ratio Related Terms

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Fabryki Mebli Forte (WAR:FTE) Business Description

Traded in Other Exchanges
N/A
Address
ul. Biala 1, Ostrow Mazowiecka, POL, 07 - 300
Fabryki Mebli Forte SA is a manufacturer of furniture for self-assembly with a specialization in home, office, and kitchen furniture. Its product offerings include furniture systems for the lounge, dining room, bedroom, living room, sitting room, study, and children's room, as well as wall units, ready-made cabinets that can be put together in different arrangements, as well as customized kitchen projects. It has state-of-the-art manufacturing plants located in Ostrow Mazowiecka, Suwalki, Bialystok, and Hajnowka.

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