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Fibre-Crown Manufacturing (TSXV:FBR.H) Cyclically Adjusted PB Ratio : 0.67 (As of Jun. 06, 2024)


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What is Fibre-Crown Manufacturing Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Fibre-Crown Manufacturing's current share price is C$0.10. Fibre-Crown Manufacturing's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.15. Fibre-Crown Manufacturing's Cyclically Adjusted PB Ratio for today is 0.67.

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

TSXV:FBR.H' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.73   Max: 1.54
Current: 0.68

During the past years, Fibre-Crown Manufacturing's highest Cyclically Adjusted PB Ratio was 1.54. The lowest was 0.17. And the median was 0.73.

TSXV:FBR.H's Cyclically Adjusted PB Ratio is ranked better than
60.87% of 92 companies
in the Diversified Financial Services industry
Industry Median: 0.975 vs TSXV:FBR.H: 0.68

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.

Fibre-Crown Manufacturing's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.128. 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 C$0.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fibre-Crown Manufacturing Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fibre-Crown Manufacturing'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.

Fibre-Crown Manufacturing Cyclically Adjusted PB Ratio Chart

Fibre-Crown Manufacturing 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 1.25 0.94 1.06 0.46 0.34

Fibre-Crown Manufacturing 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 0.35 0.34 0.34 0.34 0.44

Competitive Comparison of Fibre-Crown Manufacturing's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Fibre-Crown Manufacturing'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.


Fibre-Crown Manufacturing's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fibre-Crown Manufacturing's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fibre-Crown Manufacturing's Cyclically Adjusted PB Ratio falls into.



Fibre-Crown Manufacturing 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.

Fibre-Crown Manufacturing's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.10/0.15
=0.67

* 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.

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

For example, Fibre-Crown Manufacturing'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)
=0.128/126.2576*126.2576
=0.128

Current CPI (Mar. 2024) = 126.2576.

Fibre-Crown Manufacturing Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.105 99.473 0.133
201409 0.131 99.394 0.166
201412 0.136 98.367 0.175
201503 0.144 99.789 0.182
201506 0.150 100.500 0.188
201509 0.148 100.421 0.186
201512 0.133 99.947 0.168
201603 0.112 101.054 0.140
201606 0.115 102.002 0.142
201609 0.116 101.765 0.144
201612 0.114 101.449 0.142
201703 0.125 102.634 0.154
201706 0.130 103.029 0.159
201709 0.125 103.345 0.153
201712 0.124 103.345 0.151
201803 0.124 105.004 0.149
201806 0.125 105.557 0.150
201809 0.125 105.636 0.149
201812 0.126 105.399 0.151
201903 0.127 106.979 0.150
201906 0.127 107.690 0.149
201909 0.126 107.611 0.148
201912 0.127 107.769 0.149
202003 0.128 107.927 0.150
202006 0.126 108.401 0.147
202009 0.127 108.164 0.148
202012 0.127 108.559 0.148
202103 0.127 110.298 0.145
202106 0.126 111.720 0.142
202109 0.126 112.905 0.141
202112 0.127 113.774 0.141
202203 0.127 117.646 0.136
202206 0.127 120.806 0.133
202209 0.127 120.648 0.133
202212 0.127 120.964 0.133
202303 0.127 122.702 0.131
202306 0.127 124.203 0.129
202309 0.127 125.230 0.128
202312 0.128 125.072 0.129
202403 0.128 126.258 0.128

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.


Fibre-Crown Manufacturing  (TSXV:FBR.H) 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.


Fibre-Crown Manufacturing Cyclically Adjusted PB Ratio Related Terms

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


Fibre-Crown Manufacturing (TSXV:FBR.H) Business Description

Traded in Other Exchanges
N/A
Address
369 Terminal Avenue, Suite 605, Vancouver, BC, CAN, V6A 4C4
Fibre-Crown Manufacturing Inc has no ongoing operations.

Fibre-Crown Manufacturing (TSXV:FBR.H) Headlines

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