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Full House Resorts (Full House Resorts) Cyclically Adjusted Book per Share : $3.12 (As of Dec. 2023)


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What is Full House Resorts Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Full House Resorts's adjusted book value per share for the three months ended in Dec. 2023 was $2.251. 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 $3.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Full House Resorts's average Cyclically Adjusted Book Growth Rate was -5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Full House Resorts was 17.50% per year. The lowest was -0.70% per year. And the median was 5.40% per year.

As of today (2024-04-27), Full House Resorts's current stock price is $5.38. Full House Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.12. Full House Resorts's Cyclically Adjusted PB Ratio of today is 1.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Full House Resorts was 3.67. The lowest was 0.24. And the median was 0.98.


Full House Resorts Cyclically Adjusted Book per Share Historical Data

The historical data trend for Full House Resorts's Cyclically Adjusted Book per Share 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.

Full House Resorts Cyclically Adjusted Book per Share Chart

Full House Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.13 3.08 3.30 3.30 3.12

Full House Resorts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 3.30 3.29 3.25 3.21 3.12

Competitive Comparison of Full House Resorts's Cyclically Adjusted Book per Share

For the Resorts & Casinos subindustry, Full House Resorts'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.


Full House Resorts's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Full House Resorts's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Full House Resorts's Cyclically Adjusted PB Ratio falls into.



Full House Resorts Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Full House Resorts's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.251/129.4194*129.4194
=2.251

Current CPI (Dec. 2023) = 129.4194.

Full House Resorts Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.867 99.695 5.020
201406 3.442 100.560 4.430
201409 3.407 100.428 4.391
201412 2.894 99.070 3.781
201503 2.807 99.621 3.647
201506 2.782 100.684 3.576
201509 2.886 100.392 3.720
201512 2.831 99.792 3.671
201603 2.817 100.470 3.629
201606 2.698 101.688 3.434
201609 2.852 101.861 3.624
201612 2.470 101.863 3.138
201703 2.448 102.862 3.080
201706 2.386 103.349 2.988
201709 2.426 104.136 3.015
201712 2.269 104.011 2.823
201803 2.208 105.290 2.714
201806 2.189 106.317 2.665
201809 2.251 106.507 2.735
201812 2.278 105.998 2.781
201903 2.161 107.251 2.608
201906 2.126 108.070 2.546
201909 2.223 108.329 2.656
201912 2.072 108.420 2.473
202003 1.914 108.902 2.275
202006 1.669 108.767 1.986
202009 1.957 109.815 2.306
202012 2.090 109.897 2.461
202103 2.829 111.754 3.276
202106 2.991 114.631 3.377
202109 3.136 115.734 3.507
202112 3.292 117.630 3.622
202203 3.299 121.301 3.520
202206 3.183 125.017 3.295
202209 3.094 125.227 3.198
202212 2.900 125.222 2.997
202303 2.590 127.348 2.632
202306 2.439 128.729 2.452
202309 2.590 129.860 2.581
202312 2.251 129.419 2.251

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Full House Resorts  (NAS:FLL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Full House Resorts's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.38/3.12
=1.72

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Full House Resorts was 3.67. The lowest was 0.24. And the median was 0.98.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Full House Resorts Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Full House Resorts's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Full House Resorts (Full House Resorts) Business Description

Traded in Other Exchanges
Address
1980 Festival Plaza Drive, Suite 680, One Summerlin, Las Vegas, NV, USA, 89135
Full House Resorts Inc owns, operates, develops, manages, and invests in casinos and related hospitality and entertainment facilities. It offers facilities related to gaming, hotel, dining, entertainment, retail, and other amenities. The group's operating segments include the Bronco Billy's Casino and Hotel in Colorado, The Temporary by American Place in Illinois, Rising Star Casino Resort in Indiana, Silver Slipper Casino and Hotel in Mississippi, Grand Lodge Casino in Nevada, and Contracted Sports Wagering. There are some under-construction projects too. Geographically, the casino operations of the company are managed in the United States. It derives revenues from the operating casinos.
Executives
Kathleen M Caracciolo director 5922 CLOVERLEAF DRIVE, MAYS LANDING NJ 08330
Eric J Green director C/O FULL HOUSE RESORTS, INC., 1980 FESTIVAL PLAZA DRIVE, SUITE 680, LAS VEGAS NV 89135
Daniel R Lee director, officer: Chief Executive Officer C/O CREATIVE CASINOS LLC, 10801 W CHARLESTON BLVD #420, LAS VEGAS NV 89135
Lewis A. Fanger officer: Sr. VP, CFO and Treasurer C/O FULL HOUSE RESORTS, INC., 4670 S. FORT APACHE ROAD, SUITE 190, LAS VEGAS NV 89147
Michael A. Hartmeier director C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Carl G Braunlich director 4670 SOUTH FORT APACHE ROAD, SUITE 190, LAS VEGAS NV 89147
Elaine Guidroz officer: Secretary C/O FULL HOUSE RESORTS, INC., 777 RISING STAR DRIVE, RISING SUN IN 47040
Kenneth Robert Adams director 210 MARSH AVE SUITE 103, RENO NV 89509
Lynn M Handler director C/O FULL HOUSE RESORTS, INC., 1980 FESTIVAL PLAZA DRIVE, SUITE 680, LAS VEGAS NV 89135
John Ferrucci officer: Chief Operating Officer C/O FULL HOUSE RESORTS, INC., 1980 FESTIVAL PLAZA DRIVE, SUITE 680, LAS VEGAS NV 89135
Michael P Shaunnessy director 50 BRIAR HOLLOW LANE, STE 500W, HOUSTON TX 77027
Bradley M Tirpak director 50 ORCHARD ST., NEW YORK NY 10002
Craig W Thomas director 2100 CRESCENT AVENUE, CHARLOTTE NC 28207
Ellis Landau director CO PINNACLE ENTERTAINMENT INC, 8918 SPANISH RIDGE AVENUE, LAS VEGAS NV 89148
Garrett W.h. Baird director C/O ELASTIC N.V., 800 WEST EL CAMINO REAL SUITE 350, MOUNTAIN VIEW CA 94040