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Fiplasto (BUE:FIPL) Cyclically Adjusted Book per Share : ARS11.77 (As of Dec. 2023)


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What is Fiplasto Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Fiplasto's adjusted book value per share for the three months ended in Dec. 2023 was ARS128.064. 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 ARS11.77 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fiplasto's average Cyclically Adjusted Book Growth Rate was 132.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -63.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Fiplasto was -63.60% per year. The lowest was -69.10% per year. And the median was -66.35% per year.

As of today (2024-04-28), Fiplasto's current stock price is ARS293.00. Fiplasto's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ARS11.77. Fiplasto's Cyclically Adjusted PB Ratio of today is 24.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fiplasto was 30.08. The lowest was 0.02. And the median was 0.13.


Fiplasto Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fiplasto's Cyclically Adjusted Book per Share 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.

Fiplasto Cyclically Adjusted Book per Share Chart

Fiplasto Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 144.85 146.08 117.75 4.29 7.05

Fiplasto Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 5.06 5.99 7.05 8.57 11.77

Competitive Comparison of Fiplasto's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Fiplasto'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.


Fiplasto's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

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

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



Fiplasto Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Fiplasto'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)
=128.064/129.4194*129.4194
=128.064

Current CPI (Dec. 2023) = 129.4194.

Fiplasto Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.541 99.695 2.000
201406 1.495 100.560 1.924
201409 1.504 100.428 1.938
201412 1.484 99.070 1.939
201503 1.450 99.621 1.884
201506 1.489 100.684 1.914
201509 1.508 100.392 1.944
201512 0.000 99.792 0.000
201603 1.709 100.470 2.201
201606 1.720 101.688 2.189
201609 1.703 101.861 2.164
201612 1.708 101.863 2.170
201703 1.847 102.862 2.324
201706 1.695 103.349 2.123
201709 1.760 104.136 2.187
201712 1.771 104.011 2.204
201803 1.819 105.290 2.236
201806 4.648 106.317 5.658
201809 1.406 106.507 1.708
201812 2.955 105.998 3.608
201903 3.290 107.251 3.970
201906 4.854 108.070 5.813
201909 3.398 108.329 4.060
201912 3.779 108.420 4.511
202003 3.512 108.902 4.174
202006 5.933 108.767 7.060
202009 4.157 109.815 4.899
202012 4.312 109.897 5.078
202103 4.464 111.754 5.170
202106 9.241 114.631 10.433
202109 7.396 115.734 8.271
202112 9.741 117.630 10.717
202203 12.072 121.301 12.880
202206 29.681 125.017 30.726
202209 19.382 125.227 20.031
202212 13.805 125.222 14.268
202303 34.846 127.348 35.413
202306 40.498 128.729 40.715
202309 58.721 129.860 58.522
202312 128.064 129.419 128.064

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Fiplasto  (BUE:FIPL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Fiplasto's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=293.00/11.77
=24.89

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fiplasto was 30.08. The lowest was 0.02. And the median was 0.13.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Fiplasto Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Fiplasto's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Fiplasto (BUE:FIPL) Business Description

Traded in Other Exchanges
N/A
Address
Piso 10, Alsina 756, Buenos Aires, ARG, C1087AAL
Fiplasto SA operates in the furniture industry. The principal business activity of the company is the manufacturing and marketing of wood fiber boards. The company serves a wide variety of industries in Argentina and the world that use its hardboard products for applications as diverse as auto parts, packaging, manufacture of furniture and doors, boards, formworks for construction, exhibitors, and posters. The company has two segments, Hardboard and Furniture, where it generates the majority of its revenue from the Hardboard segment.

Fiplasto (BUE:FIPL) Headlines

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