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Franbo Lines (ROCO:2641) Cyclically Adjusted PB Ratio : 1.30 (As of May. 26, 2024)


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What is Franbo Lines Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Franbo Lines's current share price is NT$20.85. Franbo Lines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$16.02. Franbo Lines's Cyclically Adjusted PB Ratio for today is 1.30.

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

ROCO:2641' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.32   Max: 2.98
Current: 1.3

During the past years, Franbo Lines's highest Cyclically Adjusted PB Ratio was 2.98. The lowest was 1.00. And the median was 1.32.

ROCO:2641's Cyclically Adjusted PB Ratio is ranked worse than
52.76% of 707 companies
in the Transportation industry
Industry Median: 1.26 vs ROCO:2641: 1.30

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.

Franbo Lines's adjusted book value per share data for the three months ended in Mar. 2024 was NT$22.031. 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 NT$16.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franbo Lines Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Franbo Lines'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.

Franbo Lines Cyclically Adjusted PB Ratio Chart

Franbo Lines 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 - - 1.91 1.27 1.35

Franbo Lines 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 1.29 1.14 1.13 1.35 1.23

Competitive Comparison of Franbo Lines's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Franbo Lines'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.


Franbo Lines's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Franbo Lines 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.

Franbo Lines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.85/16.02
=1.30

* 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.

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

For example, Franbo Lines'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)
=22.031/131.7762*131.7762
=22.031

Current CPI (Mar. 2024) = 131.7762.

Franbo Lines Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.674 100.560 16.608
201409 13.215 100.428 17.340
201412 14.074 99.070 18.720
201503 13.774 99.621 18.220
201506 13.410 100.684 17.551
201509 14.581 100.392 19.139
201512 14.923 99.792 19.706
201603 14.383 100.470 18.865
201606 13.174 101.688 17.072
201609 12.886 101.861 16.670
201612 13.445 101.863 17.393
201703 11.842 102.862 15.171
201706 11.883 103.349 15.152
201709 11.860 104.136 15.008
201712 8.669 104.011 10.983
201803 8.538 105.290 10.686
201806 9.518 106.317 11.797
201809 9.390 106.507 11.618
201812 9.585 105.998 11.916
201903 9.737 107.251 11.964
201906 9.948 108.070 12.130
201909 10.044 108.329 12.218
201912 9.751 108.420 11.852
202003 10.012 108.902 12.115
202006 9.786 108.767 11.856
202009 9.723 109.815 11.667
202012 9.566 109.897 11.470
202103 9.760 111.754 11.509
202106 9.886 114.631 11.365
202109 13.905 115.734 15.832
202112 14.608 117.630 16.365
202203 16.471 121.301 17.893
202206 17.463 125.017 18.407
202209 20.882 125.227 21.974
202212 22.059 125.222 23.214
202303 20.676 127.348 21.395
202306 21.353 128.729 21.859
202309 22.256 129.860 22.584
202312 21.207 129.419 21.593
202403 22.031 131.776 22.031

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.


Franbo Lines  (ROCO:2641) 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.


Franbo Lines Cyclically Adjusted PB Ratio Related Terms

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


Franbo Lines (ROCO:2641) Business Description

Traded in Other Exchanges
N/A
Address
Haibian Road, 3rd Floor, No.31, Lingya District, Kaohsiung, TWN, 802
Franbo Lines Corp is a Taiwan based company engaged in offering ocean transport, consulting and shipping agency services. It provides the ship freight forwarder, ship chartering, ship operation and other services. Its business areas include Time charter of vessel, Freight forwarding service and Vessel management. The company owned the vessels with the official cross-strait direct flights were given special permission which is one of the majority's bulk carrier and general cargo shipping business between China and Taiwan.

Franbo Lines (ROCO:2641) Headlines

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