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Flow Traders (XAMS:FLOW) Cyclically Adjusted PB Ratio : 2.04 (As of May. 24, 2024)


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What is Flow Traders Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Flow Traders's current share price is €20.16. Flow Traders's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €9.86. Flow Traders's Cyclically Adjusted PB Ratio for today is 2.04.

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

XAMS:FLOW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.66   Med: 2.44   Max: 3.07
Current: 2.08

During the past 12 years, Flow Traders's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 1.66. And the median was 2.44.

XAMS:FLOW's Cyclically Adjusted PB Ratio is ranked worse than
65.78% of 491 companies
in the Capital Markets industry
Industry Median: 1.16 vs XAMS:FLOW: 2.08

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.

Flow Traders's adjusted book value per share data of for the fiscal year that ended in Dec23 was €13.589. 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 €9.86 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flow Traders Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Flow Traders'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.

Flow Traders Cyclically Adjusted PB Ratio Chart

Flow Traders 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 - - 4.62 2.47 1.82

Flow Traders Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - 2.47 - - 1.82

Competitive Comparison of Flow Traders's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Flow Traders'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.


Flow Traders's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Flow Traders's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Flow Traders 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.

Flow Traders's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.16/9.86
=2.04

* 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.

Flow Traders's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Flow Traders's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=13.589/126.4500*126.4500
=13.589

Current CPI (Dec23) = 126.4500.

Flow Traders Annual Data

Book Value per Share CPI Adj_Book
201412 3.069 99.050 3.918
201512 5.298 99.730 6.717
201612 5.804 100.710 7.287
201712 5.460 101.970 6.771
201812 7.345 103.970 8.933
201912 7.150 106.800 8.466
202012 13.197 107.850 15.473
202112 11.808 114.010 13.096
202212 14.155 124.940 14.326
202312 13.589 126.450 13.589

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.


Flow Traders  (XAMS:FLOW) 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.


Flow Traders Cyclically Adjusted PB Ratio Related Terms

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


Flow Traders (XAMS:FLOW) Business Description

Traded in Other Exchanges
Address
Jacob Bontiusplaats 9, Amsterdams, NLD, 1018 LL
Flow Traders Ltd is a financial technology company operating in the global financial markets, using its proprietary technology platform to provide liquidity by quoting bid and ask prices in financial products. It ensures the provision of the liquidity to support the uninterrupted functioning of financial markets. The company's core trading focus is on exchange-traded products (ETPs), enabling investors to buy and sell ETPs by quoting bid and ask prices under virtually all market circumstances. The group operates in various geographical region Netherlands, Romania, United States of America, Singapore and Hong Kong.