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Francotyp-Postalia Holding AG (XTER:FPH) Cyclically Adjusted PB Ratio : 1.19 (As of Jun. 12, 2024)


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What is Francotyp-Postalia Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-06-12), Francotyp-Postalia Holding AG's current share price is €2.56. Francotyp-Postalia Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.15. Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio for today is 1.19.

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

XTER:FPH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.71   Max: 2.87
Current: 1.26

During the past years, Francotyp-Postalia Holding AG's highest Cyclically Adjusted PB Ratio was 2.87. The lowest was 1.18. And the median was 1.71.

XTER:FPH's Cyclically Adjusted PB Ratio is ranked better than
59.51% of 689 companies
in the Business Services industry
Industry Median: 1.58 vs XTER:FPH: 1.26

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.

Francotyp-Postalia Holding AG's adjusted book value per share data for the three months ended in Mar. 2024 was €2.414. 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 €2.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Francotyp-Postalia Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Francotyp-Postalia Holding 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.

Francotyp-Postalia Holding AG Cyclically Adjusted PB Ratio Chart

Francotyp-Postalia Holding 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 1.91 1.73 1.60 1.68 1.34

Francotyp-Postalia Holding AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.71 1.57 1.39 1.34 1.16

Competitive Comparison of Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Francotyp-Postalia Holding 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.


Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio falls into.



Francotyp-Postalia Holding 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.

Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.56/2.15
=1.19

* 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.

Francotyp-Postalia Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Francotyp-Postalia Holding AG's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.414/125.0381*125.0381
=2.414

Current CPI (Mar. 2024) = 125.0381.

Francotyp-Postalia Holding AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.708 99.543 2.145
201409 1.836 99.823 2.300
201412 1.798 99.543 2.259
201503 2.184 99.717 2.739
201506 2.034 100.417 2.533
201509 2.024 100.417 2.520
201512 2.108 99.717 2.643
201603 2.141 100.017 2.677
201606 2.122 100.717 2.634
201609 2.142 101.017 2.651
201612 2.217 101.217 2.739
201703 2.360 101.417 2.910
201706 2.055 102.117 2.516
201709 2.106 102.717 2.564
201712 1.984 102.617 2.417
201803 2.132 102.917 2.590
201806 2.165 104.017 2.603
201809 2.194 104.718 2.620
201812 1.966 104.217 2.359
201903 2.241 104.217 2.689
201906 2.131 105.718 2.520
201909 2.316 106.018 2.732
201912 0.752 105.818 0.889
202003 2.138 105.718 2.529
202006 2.086 106.618 2.446
202009 2.127 105.818 2.513
202012 0.824 105.518 0.976
202103 0.937 107.518 1.090
202106 0.912 108.486 1.051
202109 1.044 109.435 1.193
202112 0.903 110.384 1.023
202203 1.330 113.968 1.459
202206 1.386 115.760 1.497
202209 1.542 118.818 1.623
202212 1.574 119.345 1.649
202303 1.748 122.402 1.786
202306 1.600 123.140 1.625
202309 1.709 124.195 1.721
202312 2.199 123.773 2.221
202403 2.414 125.038 2.414

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.


Francotyp-Postalia Holding AG  (XTER:FPH) 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.


Francotyp-Postalia Holding AG Cyclically Adjusted PB Ratio Related Terms

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


Francotyp-Postalia Holding AG (XTER:FPH) Business Description

Traded in Other Exchanges
Address
Prenzlauer Promenade 28, Berlin, BB, DEU, 13089
Francotyp-Postalia Holding AG is a company dealing with mail communication. Its business activities focus on traditional product business, which consists of the development, manufacture, and distribution of franking systems, as well as inserting machines and after-sale business. The company also comprises services such as the collection of business mail and software solutions.
Executives
Ralf Georg Spielberger Board of Directors
Carsten Von Lavergne-peguilhen Lind Board of Directors
Dr. Alexander Granderath Supervisory Board
Martin Eckhardt Geisel Board of Directors
Dr. Hans Alexander Granderath Supervisory Board
Carsten Lavergne-peguilhen Lind Board of Directors
Patricius De Gruyter Board of Directors