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Fabrinet (FRA:FAN) Cyclically Adjusted Book per Share : €26.55 (As of Mar. 2024)


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What is Fabrinet 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.

Fabrinet's adjusted book value per share for the three months ended in Mar. 2024 was €42.242. 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 €26.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fabrinet's average Cyclically Adjusted Book Growth Rate was 15.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.50% 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 Fabrinet was 18.40% per year. The lowest was 13.60% per year. And the median was 16.00% per year.

As of today (2024-06-10), Fabrinet's current stock price is €213.80. Fabrinet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €26.55. Fabrinet's Cyclically Adjusted PB Ratio of today is 8.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fabrinet was 8.55. The lowest was 2.20. And the median was 4.31.


Fabrinet Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fabrinet'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.

Fabrinet Cyclically Adjusted Book per Share Chart

Fabrinet Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.02 13.63 15.55 21.20 23.44

Fabrinet Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22.17 23.44 25.56 25.55 26.55

Competitive Comparison of Fabrinet's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Fabrinet'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.


Fabrinet's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fabrinet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fabrinet 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, Fabrinet'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)
=42.242/131.7762*131.7762
=42.242

Current CPI (Mar. 2024) = 131.7762.

Fabrinet Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.937 100.560 11.711
201409 9.657 100.428 12.671
201412 10.318 99.070 13.724
201503 12.094 99.621 15.998
201506 12.042 100.684 15.761
201509 12.053 100.392 15.821
201512 12.955 99.792 17.107
201603 13.232 100.470 17.355
201606 13.647 101.688 17.685
201609 14.203 101.861 18.374
201612 15.912 101.863 20.585
201703 16.259 102.862 20.829
201706 16.245 103.349 20.713
201709 15.798 104.136 19.991
201712 16.359 104.011 20.726
201803 16.372 105.290 20.491
201806 17.408 106.317 21.577
201809 17.828 106.507 22.058
201812 19.120 105.998 23.770
201903 19.919 107.251 24.474
201906 20.733 108.070 25.281
201909 21.858 108.329 26.589
201912 22.569 108.420 27.431
202003 23.007 108.902 27.840
202006 23.559 108.767 28.543
202009 23.001 109.815 27.601
202012 23.123 109.897 27.727
202103 24.451 111.754 28.832
202106 25.116 114.631 28.872
202109 26.315 115.734 29.963
202112 28.693 117.630 32.144
202203 30.334 121.301 32.954
202206 32.549 125.017 34.309
202209 35.953 125.227 37.833
202212 35.709 125.222 37.578
202303 36.809 127.348 38.089
202306 37.464 128.729 38.351
202309 39.465 129.860 40.047
202312 40.710 129.419 41.451
202403 42.242 131.776 42.242

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


Fabrinet  (FRA:FAN) 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.

Fabrinet's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=213.80/26.55
=8.05

* 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 Fabrinet was 8.55. The lowest was 2.20. And the median was 4.31.


Be Aware

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


Fabrinet Cyclically Adjusted Book per Share Related Terms

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


Fabrinet (FRA:FAN) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fabrinet (FRA:FAN) » Definitions » Cyclically Adjusted Book per Share
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Address
C/o Intertrust Corporate Services (Cayman) Limited, One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
Fabrinet is a United States-based company that is principally engaged in providing outsourced manufacturing services to original equipment manufacturers (OEM). These OEM customers are mainly companies in complex industries that require precision manufacturing capabilities. The company offers a wide range of optical and electro-mechanical manufacturing capabilities across the whole producing process. It helps its customers to manufacture various products, such as selective switching products, active optical cables, tunable transponders and transceivers, lasers, and sensors. The company generates the majority of revenue from North America and Asia-Pacific, with the rest from Europe.

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