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Figeac Aero (XPAR:FGA) Cyclically Adjusted PB Ratio : 1.45 (As of May. 24, 2024)


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What is Figeac Aero Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Figeac Aero's current share price is €6.54. Figeac Aero's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was €4.51. Figeac Aero's Cyclically Adjusted PB Ratio for today is 1.45.

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

XPAR:FGA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.23   Max: 1.54
Current: 1.46

During the past 12 years, Figeac Aero's highest Cyclically Adjusted PB Ratio was 1.54. The lowest was 0.82. And the median was 1.23.

XPAR:FGA's Cyclically Adjusted PB Ratio is ranked better than
65.52% of 203 companies
in the Aerospace & Defense industry
Industry Median: 2.44 vs XPAR:FGA: 1.46

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.

Figeac Aero's adjusted book value per share data of for the fiscal year that ended in Mar23 was €1.704. 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 €4.51 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Figeac Aero Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Figeac Aero'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.

Figeac Aero Cyclically Adjusted PB Ratio Chart

Figeac Aero Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.20 1.30 1.09

Figeac Aero Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.30 - 1.09 -

Competitive Comparison of Figeac Aero's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Figeac Aero'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.


Figeac Aero's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Figeac Aero's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Figeac Aero 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.

Figeac Aero's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.54/4.51
=1.45

* 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.

Figeac Aero's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Figeac Aero's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=1.704/116.7900*116.7900
=1.704

Current CPI (Mar23) = 116.7900.

Figeac Aero Annual Data

Book Value per Share CPI Adj_Book
201403 2.579 100.240 3.005
201503 2.192 100.170 2.556
201603 5.785 100.020 6.755
201703 6.643 101.170 7.669
201803 6.303 102.750 7.164
201903 6.288 103.890 7.069
202003 4.410 104.590 4.924
202103 2.694 105.750 2.975
202203 1.187 110.490 1.255
202303 1.704 116.790 1.704

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.


Figeac Aero  (XPAR:FGA) 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.


Figeac Aero Cyclically Adjusted PB Ratio Related Terms

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


Figeac Aero (XPAR:FGA) Business Description

Traded in Other Exchanges
Address
Industrial Zone Aiguille, Figeac, FRA, 46100
Figeac Aero SA is a manufacturer of aeronautical sub-assemblies. The company currently organizes its business into the following areas: Metal Processing, Surface Treatment, and Assembly. Under its Metal Processing division, the company produces light alloy (aluminium) and hard metal (titanium, Inconel and steel) aerospace parts. The company offers a wide range of services under its Surface Treatment division such as chemical machining, sandblasting, polishing, heat treatment, among others. It offers assembly services to its customers as a logical complement to its aerospace industry component parts production.

Figeac Aero (XPAR:FGA) Headlines

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