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Full House Resorts (Full House Resorts) Cyclically Adjusted PB Ratio : 1.72 (As of Apr. 27, 2024)


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What is Full House Resorts Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Full House Resorts's current share 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 for today is 1.72.

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

FLL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.98   Max: 3.67
Current: 1.72

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

FLL's Cyclically Adjusted PB Ratio is ranked worse than
57.59% of 580 companies
in the Travel & Leisure industry
Industry Median: 1.365 vs FLL: 1.72

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Full House Resorts Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Full House Resorts'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.

Full House Resorts Cyclically Adjusted PB Ratio Chart

Full House Resorts 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 1.07 1.27 3.67 2.28 1.72

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 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 2.28 2.20 2.06 1.33 1.72

Competitive Comparison of Full House Resorts's Cyclically Adjusted PB Ratio

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 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.

Full House Resorts's Cyclically Adjusted PB Ratio for 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.

Full House Resorts's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


Full House Resorts  (NAS:FLL) 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.


Full House Resorts Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Full House Resorts's Cyclically Adjusted PB Ratio 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

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