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Franklin Wireless (Franklin Wireless) Cyclically Adjusted Book per Share : $2.66 (As of Mar. 2024)


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What is Franklin Wireless 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.

Franklin Wireless's adjusted book value per share for the three months ended in Mar. 2024 was $3.128. 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 $2.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Franklin Wireless's average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 Franklin Wireless was 22.70% per year. The lowest was -8.10% per year. And the median was 12.15% per year.

As of today (2024-05-24), Franklin Wireless's current stock price is $3.06. Franklin Wireless's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.66. Franklin Wireless's Cyclically Adjusted PB Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Franklin Wireless was 14.73. The lowest was 0.90. And the median was 1.41.


Franklin Wireless Cyclically Adjusted Book per Share Historical Data

The historical data trend for Franklin Wireless'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.

Franklin Wireless Cyclically Adjusted Book per Share Chart

Franklin Wireless 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 1.59 1.66 1.93 2.30 2.50

Franklin Wireless Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.45 2.50 2.56 2.58 2.66

Competitive Comparison of Franklin Wireless's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Franklin Wireless'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.


Franklin Wireless's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Franklin Wireless's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Franklin Wireless 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, Franklin Wireless'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)
=3.128/131.7762*131.7762
=3.128

Current CPI (Mar. 2024) = 131.7762.

Franklin Wireless Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.456 100.560 1.908
201409 1.486 100.428 1.950
201412 1.515 99.070 2.015
201503 1.498 99.621 1.982
201506 1.494 100.684 1.955
201509 1.491 100.392 1.957
201512 1.546 99.792 2.041
201603 1.580 100.470 2.072
201606 1.640 101.688 2.125
201609 1.668 101.861 2.158
201612 1.707 101.863 2.208
201703 1.721 102.862 2.205
201706 1.721 103.349 2.194
201709 1.681 104.136 2.127
201712 1.618 104.011 2.050
201803 1.603 105.290 2.006
201806 1.524 106.317 1.889
201809 1.540 106.507 1.905
201812 1.492 105.998 1.855
201903 1.477 107.251 1.815
201906 1.399 108.070 1.706
201909 1.421 108.329 1.729
201912 1.480 108.420 1.799
202003 1.566 108.902 1.895
202006 1.919 108.767 2.325
202009 2.898 109.815 3.478
202012 3.512 109.897 4.211
202103 3.856 111.754 4.547
202106 3.855 114.631 4.432
202109 3.758 115.734 4.279
202112 3.658 117.630 4.098
202203 3.600 121.301 3.911
202206 3.512 125.017 3.702
202209 3.404 125.227 3.582
202212 3.402 125.222 3.580
202303 3.427 127.348 3.546
202306 3.303 128.729 3.381
202309 3.280 129.860 3.328
202312 3.234 129.419 3.293
202403 3.128 131.776 3.128

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


Franklin Wireless  (NAS:FKWL) 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.

Franklin Wireless's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.06/2.66
=1.15

* 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 Franklin Wireless was 14.73. The lowest was 0.90. And the median was 1.41.


Be Aware

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


Franklin Wireless Cyclically Adjusted Book per Share Related Terms

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


Franklin Wireless (Franklin Wireless) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9707 Waples Street, Suite 150, San Diego, CA, USA, 92121
Franklin Wireless Corp is a provider of wireless solutions, including mobile hotspots, routers, and modems, as well as hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). Its M2M and IoT solutions include embedded modules, modems, and gateways built to deliver reliable always-on connectivity supporting a spectrum of applications. These products are designed to solve wireless connectivity challenges in a range of vertical markets, including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics, and telematics.
Executives
Kristina S Kim director 7612 SEATTLE DRIVE, LA MESA CA 91941
Joon Won Jyoung director C/O FRANKLIN WIRELESS CORP., 6205 LUSK BLVD., SAN DIEGO CA 92121
Oc Kim director, 10 percent owner, officer: Chief Executive Officer 5440 MOREHOUSE DR., SUITE 1000, SAN DIEGO CA 92121
Yun J Lee officer: Senior Vice President 5440 MOREHOUSE DR., SUITE 1000, SAN DIEGO CA 92121
Heidy Kingwan Chow director 92 KESTREL, IRVINE CA 92618
Johnathan Wonjong Chee director 8951 N. MILWAUKEE AVE #202, NILES IL 60714
Richard T Walker officer: Chief Financial Officer 6205 LUSK BLVD, SAN DIEGO CA 92121
David S Oros other: No longer member of group 9777 PYRAMID COURT, SUITE 100, ENGLEWOOD CO 80112
Karen Singer other: member of 13(d) group 10%owner 212 VACCARO DRIVE, CRESSKILL NJ 07626
Miller Lloyd I Iii other: Member of 13(d) group 10%owner
Steven Sherman other: Member of 13(d) group 10%owner
Benjamin J Chung director 2218 AVONDALE DRIVE, FULLERTON CA 92833
Gary Wendel Nelson director 5440 MOREHOUSE DR., SUITE 1000, SAN DIEGO CA 92121
Jae Man Lee director, 10 percent owner 9823 PACIFIC HEIGHTS BLVD #J, SAN DIEGO CA 92121
David (kwangho) Kim director C/O WESTECH KOREA, INC., 548-9 GA JWA 3-DONG, SEO-GU, INCEHON M4 00000

Franklin Wireless (Franklin Wireless) Headlines

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