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Fox Factory Holding (Fox Factory Holding) Cyclically Adjusted PB Ratio : 3.28 (As of May. 17, 2024)


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What is Fox Factory Holding Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Fox Factory Holding's current share price is $47.14. Fox Factory Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.36. Fox Factory Holding's Cyclically Adjusted PB Ratio for today is 3.28.

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

FOXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.82   Med: 9.25   Max: 23.68
Current: 3.34

During the past years, Fox Factory Holding's highest Cyclically Adjusted PB Ratio was 23.68. The lowest was 2.82. And the median was 9.25.

FOXF's Cyclically Adjusted PB Ratio is ranked worse than
79.4% of 927 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs FOXF: 3.34

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.

Fox Factory Holding's adjusted book value per share data for the three months ended in Mar. 2024 was $28.655. 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 $14.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fox Factory Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fox Factory Holding'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.

Fox Factory Holding Cyclically Adjusted PB Ratio Chart

Fox Factory Holding 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 - - 20.19 8.50 4.91

Fox Factory Holding 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 10.49 8.77 7.54 4.91 3.63

Competitive Comparison of Fox Factory Holding's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Fox Factory Holding'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.


Fox Factory Holding's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fox Factory Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fox Factory Holding 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.

Fox Factory Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.14/14.36
=3.28

* 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.

Fox Factory Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fox Factory Holding'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)
=28.655/131.7762*131.7762
=28.655

Current CPI (Mar. 2024) = 131.7762.

Fox Factory Holding Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.052 100.560 3.999
201409 3.375 100.428 4.429
201412 3.474 99.070 4.621
201503 3.448 99.621 4.561
201506 3.655 100.684 4.784
201509 3.910 100.392 5.132
201512 4.112 99.792 5.430
201603 4.101 100.470 5.379
201606 4.358 101.688 5.647
201609 4.727 101.861 6.115
201612 5.013 101.863 6.485
201703 5.385 102.862 6.899
201706 5.725 103.349 7.300
201709 6.146 104.136 7.777
201712 6.244 104.011 7.911
201803 6.796 105.290 8.506
201806 7.218 106.317 8.946
201809 7.866 106.507 9.732
201812 8.455 105.998 10.511
201903 8.892 107.251 10.925
201906 9.618 108.070 11.728
201909 10.295 108.329 12.523
201912 10.949 108.420 13.308
202003 11.132 108.902 13.470
202006 15.277 108.767 18.509
202009 16.396 109.815 19.675
202012 17.204 109.897 20.629
202103 18.165 111.754 21.419
202106 19.114 114.631 21.973
202109 20.189 115.734 22.987
202112 21.227 117.630 23.780
202203 22.517 121.301 24.462
202206 23.707 125.017 24.989
202209 24.964 125.227 26.270
202212 26.529 125.222 27.918
202303 27.522 127.348 28.479
202306 28.470 128.729 29.144
202309 29.290 129.860 29.722
202312 29.121 129.419 29.651
202403 28.655 131.776 28.655

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.


Fox Factory Holding  (NAS:FOXF) 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.


Fox Factory Holding Cyclically Adjusted PB Ratio Related Terms

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


Fox Factory Holding (Fox Factory Holding) Business Description

Traded in Other Exchanges
Address
2055 Sugarloaf Circle, Suite 300, Duluth, GA, USA, 30097
Fox Factory Holding Corp is a designer, manufacturer, and marketer of performance-defining products and systems used primarily on bikes, Side-by-Sides, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, ATVs, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. Its business operates under the FOX, FOX RACING SHOX, and RACE FACE brands. Geographically, it derives a majority of revenue from North Americas and also has a presence in Asia, Europe, and the Rest of the World.
Executives
Thomas E. Duncan director C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Paul Stecher officer: SEE REMARKS (A) C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Michael C. Dennison director C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Christopher Tutton officer: SEE REMARKS (A) C/O FOX FACTORY HOLDING CORP., 6634 HIGHWAY 53, BRASELTON GA 30517
Dennis Charles Schemm officer: CFO & Treasurer CONTINENTAL BUILDING PRODUCTS, 12950 WORLDGATE DRIVE, HERNDON VA 20170
Dudley W Mendenhall director 5818 EL CAMINO REAL, CARLSBAD CA 92008
Brendan Enick officer: Chief Accounting Officer C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Maggie Elizabeth Torres officer: Interim CFO & Treasurer C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Thomas L. Fletcher officer: SEE REMARKS (A) C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Elizabeth A Fetter director 1400 MARINA WAY SOUTH, RICHMOND CA 94804
Richard T. Winters officer: SEE REMARKS (A) C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Scott Randall Humphrey officer: CFO & TREASURER C/O FOX FACTORY HOLDING CORP., 6634 HIGHWAY 53, BRASELTON GA 30517
Toby D Merchant officer: Chief Legal Officer C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Larry L Enterline director, officer: Chief Executive Officer 2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
Sidney Johnson director C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097