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FACC AG (LTS:0QW9) Cyclically Adjusted PB Ratio : 0.88 (As of Oct. 09, 2024)


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What is FACC AG Cyclically Adjusted PB Ratio?

As of today (2024-10-09), FACC AG's current share price is €6.515. FACC AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €7.37. FACC AG's Cyclically Adjusted PB Ratio for today is 0.88.

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

LTS:0QW9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 0.93   Max: 1.38
Current: 0.88

During the past years, FACC AG's highest Cyclically Adjusted PB Ratio was 1.38. The lowest was 0.76. And the median was 0.93.

LTS:0QW9's Cyclically Adjusted PB Ratio is ranked better than
82.29% of 175 companies
in the Aerospace & Defense industry
Industry Median: 2.61 vs LTS:0QW9: 0.88

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.

FACC AG's adjusted book value per share data for the three months ended in Jun. 2024 was €4.896. 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 €7.37 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FACC AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FACC 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.

FACC AG Cyclically Adjusted PB Ratio Chart

FACC AG Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.06 0.79 0.79

FACC AG Quarterly Data
Aug19 Nov19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.83 0.83 0.79 0.86 1.10

Competitive Comparison of FACC AG's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, FACC 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.


FACC AG's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, FACC AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



FACC 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.

FACC AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.515/7.37
=0.88

* 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.

FACC AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, FACC AG's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=4.896/134.0833*134.0833
=4.896

Current CPI (Jun. 2024) = 134.0833.

FACC AG Quarterly Data

Book Value per Share CPI Adj_Book
201408 7.217 98.953 9.779
201411 7.122 99.676 9.580
201502 6.726 98.892 9.120
201505 6.876 100.392 9.184
201508 7.094 99.892 9.522
201511 7.109 100.292 9.504
201602 5.551 99.892 7.451
201605 6.771 100.992 8.990
201608 6.809 100.492 9.085
201611 6.866 101.592 9.062
201702 5.889 102.092 7.734
201705 6.567 102.891 8.558
201708 6.697 102.592 8.753
201711 7.110 103.891 9.176
201802 8.077 103.891 10.424
201805 6.233 104.891 7.968
201808 6.172 104.891 7.890
201811 6.425 106.191 8.113
201902 6.528 105.491 8.297
201905 6.643 106.691 8.349
201908 6.565 106.491 8.266
201911 6.706 107.391 8.373
202003 6.973 108.024 8.655
202006 6.000 107.915 7.455
202009 5.671 108.348 7.018
202012 5.309 109.321 6.512
202103 5.155 110.186 6.273
202106 5.213 110.943 6.300
202109 5.114 111.916 6.127
202112 4.499 113.971 5.293
202203 4.420 117.647 5.037
202206 4.139 120.567 4.603
202209 3.653 123.811 3.956
202212 4.444 125.541 4.746
202303 4.494 128.460 4.691
202306 4.814 130.191 4.958
202309 4.378 131.272 4.472
202312 4.818 132.570 4.873
202403 4.800 133.759 4.812
202406 4.896 134.083 4.896

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.


FACC AG  (LTS:0QW9) 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.


FACC AG Cyclically Adjusted PB Ratio Related Terms

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


FACC AG Business Description

Industry
Traded in Other Exchanges
Address
Fischerstrasse 9, Ried im Innkreis, AUT, A-4910
FACC AG is an Austria-based company engaged in the aerospace industry. It develops, produces, and services aircraft components and systems. The business of the FACC is operated through three segments: Aerostructures, Engines & Nacelles, and Cabin Interiors. It also provides engineering, maintenance, and customer services. The geographical area of operation is Austria, USA, Canada, Germany and other countries of which Austria accounts for the majority of revenue.

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