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Famous Brands (JSE:FBR) Cyclically Adjusted PB Ratio : 3.19 (As of Jun. 08, 2024)


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What is Famous Brands Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Famous Brands's current share price is R48.11. Famous Brands's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb24 was R15.07. Famous Brands's Cyclically Adjusted PB Ratio for today is 3.19.

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

JSE:FBR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.57   Med: 7.55   Max: 18.65
Current: 3.28

During the past 13 years, Famous Brands's highest Cyclically Adjusted PB Ratio was 18.65. The lowest was 1.57. And the median was 7.55.

JSE:FBR's Cyclically Adjusted PB Ratio is ranked worse than
66.81% of 232 companies
in the Restaurants industry
Industry Median: 2.115 vs JSE:FBR: 3.28

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.

Famous Brands's adjusted book value per share data of for the fiscal year that ended in Feb24 was R9.499. 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 R15.07 for the trailing ten years ended in Feb24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Famous Brands Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Famous Brands'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.

Famous Brands Cyclically Adjusted PB Ratio Chart

Famous Brands Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.46 3.07 4.76 4.35 3.76

Famous Brands Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 4.76 - 4.35 - 3.76

Competitive Comparison of Famous Brands's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Famous Brands'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.


Famous Brands's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Famous Brands's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Famous Brands 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.

Famous Brands's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=48.11/15.07
=3.19

* 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.

Famous Brands's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb24 is calculated as:

For example, Famous Brands's adjusted Book Value per Share data for the fiscal year that ended in Feb24 was:

Adj_Book=Book Value per Share/CPI of Feb24 (Change)*Current CPI (Feb24)
=9.499/154.2028*154.2028
=9.499

Current CPI (Feb24) = 154.2028.

Famous Brands Annual Data

Book Value per Share CPI Adj_Book
201502 13.921 97.339 22.054
201602 14.860 104.097 22.013
201702 13.854 110.855 19.271
201802 15.013 115.106 20.112
201902 14.129 119.793 18.187
202002 16.770 125.243 20.648
202102 2.690 128.817 3.220
202202 6.000 136.109 6.798
202302 8.421 146.101 8.888
202402 9.499 154.203 9.499

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.


Famous Brands  (JSE:FBR) 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.


Famous Brands Cyclically Adjusted PB Ratio Related Terms

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


Famous Brands (JSE:FBR) Business Description

Traded in Other Exchanges
N/A
Address
478 James Crescent, P.O. Box 2884, Halfway House, Midrand, GT, ZAF, 1685
Famous Brands Ltd owns a portfolio of roughly 30 restaurant chains in Africa and the United Kingdom. Its biggest brands include Steers, Wimpy, Debonairs Pizza, Fishaways, Mr Biggs, and Mugg & Bean. Franchisees operate all of the company's restaurants. Most of the company's revenue comes from its supply chain segment, which is responsible for manufacturing restaurant items and delivering the products to the company's franchisees and other customers. More than three fourths of Famous Brands' restaurants are in South Africa.