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Interface (FRA:IF6N) Cyclically Adjusted PB Ratio : 2.29 (As of May. 24, 2024)


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What is Interface Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Interface's current share price is €14.20. Interface's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.21. Interface's Cyclically Adjusted PB Ratio for today is 2.29.

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

FRA:IF6N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 3.27   Max: 5.7
Current: 2.28

During the past years, Interface's highest Cyclically Adjusted PB Ratio was 5.70. The lowest was 1.07. And the median was 3.27.

FRA:IF6N's Cyclically Adjusted PB Ratio is ranked worse than
74.96% of 1210 companies
in the Construction industry
Industry Median: 1.12 vs FRA:IF6N: 2.28

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.

Interface's adjusted book value per share data for the three months ended in Mar. 2024 was €6.766. 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 €6.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Interface Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Interface'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.

Interface Cyclically Adjusted PB Ratio Chart

Interface 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 3.09 1.92 2.70 1.56 1.91

Interface 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 1.26 1.34 1.48 1.91 2.50

Competitive Comparison of Interface's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Interface'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.


Interface's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Interface's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Interface 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.

Interface's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.20/6.21
=2.29

* 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.

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

For example, Interface'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)
=6.766/131.7762*131.7762
=6.766

Current CPI (Mar. 2024) = 131.7762.

Interface Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.963 100.560 5.193
201409 3.991 100.428 5.237
201412 3.770 99.070 5.015
201503 4.104 99.621 5.429
201506 4.274 100.684 5.594
201509 4.425 100.392 5.808
201512 4.784 99.792 6.317
201603 4.930 100.470 6.466
201606 4.960 101.688 6.428
201609 5.191 101.861 6.716
201612 5.028 101.863 6.505
201703 4.809 102.862 6.161
201706 4.799 103.349 6.119
201709 4.626 104.136 5.854
201712 4.664 104.011 5.909
201803 4.624 105.290 5.787
201806 4.901 106.317 6.075
201809 5.082 106.507 6.288
201812 5.239 105.998 6.513
201903 5.156 107.251 6.335
201906 5.333 108.070 6.503
201909 5.553 108.329 6.755
201912 5.673 108.420 6.895
202003 3.693 108.902 4.469
202006 3.916 108.767 4.744
202009 4.153 109.815 4.984
202012 4.575 109.897 5.486
202103 4.481 111.754 5.284
202106 4.716 114.631 5.421
202109 4.847 115.734 5.519
202112 5.446 117.630 6.101
202203 5.615 121.301 6.100
202206 5.561 125.017 5.862
202209 5.562 125.227 5.853
202212 5.874 125.222 6.181
202303 5.905 127.348 6.110
202306 6.114 128.729 6.259
202309 6.250 129.860 6.342
202312 6.721 129.419 6.843
202403 6.766 131.776 6.766

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.


Interface  (FRA:IF6N) 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.


Interface Cyclically Adjusted PB Ratio Related Terms

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


Interface (FRA:IF6N) Business Description

Industry
Traded in Other Exchanges
Address
1280 West Peachtree Street, Atlanta, GA, USA, 30309
Interface Inc is engaged in the designing, production, and sale of carpet tile. It also provides Luxury Vinyl tiles and rubber flooring. The company mainly targets corporate and noncorporate office markets, including government, education, healthcare, hospitality, and retailers. Its geographical segments include the Americas, Europe, and Asia-Pacific.

Interface (FRA:IF6N) Headlines

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