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F.C.C. Co (FRA:FCV) Cyclically Adjusted PB Ratio : 0.80 (As of May. 24, 2024)


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What is F.C.C. Co Cyclically Adjusted PB Ratio?

As of today (2024-05-24), F.C.C. Co's current share price is €12.40. F.C.C. Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €15.59. F.C.C. Co's Cyclically Adjusted PB Ratio for today is 0.80.

The historical rank and industry rank for F.C.C. Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:FCV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.82   Max: 1.88
Current: 0.79

During the past years, F.C.C. Co's highest Cyclically Adjusted PB Ratio was 1.88. The lowest was 0.53. And the median was 0.82.

FRA:FCV's Cyclically Adjusted PB Ratio is ranked better than
68.98% of 938 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs FRA:FCV: 0.79

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.

F.C.C. Co's adjusted book value per share data for the three months ended in Mar. 2024 was €22.877. 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 €15.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


F.C.C. Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for F.C.C. Co'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.

F.C.C. Co Cyclically Adjusted PB Ratio Chart

F.C.C. Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.86 0.58 0.61 0.83

F.C.C. Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.61 0.72 0.71 0.65 0.83

Competitive Comparison of F.C.C. Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, F.C.C. Co'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.


F.C.C. Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, F.C.C. Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



F.C.C. Co 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.

F.C.C. Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.40/15.59
=0.80

* 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.

F.C.C. Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, F.C.C. Co'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)
=22.877/107.2000*107.2000
=22.877

Current CPI (Mar. 2024) = 107.2000.

F.C.C. Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.767 98.000 16.153
201409 15.457 98.500 16.822
201412 14.430 97.900 15.801
201503 16.850 97.900 18.451
201506 16.013 98.400 17.445
201509 16.213 98.500 17.645
201512 16.974 98.100 18.549
201603 16.954 97.900 18.565
201606 16.828 98.100 18.389
201609 17.573 98.000 19.223
201612 18.226 98.400 19.856
201703 18.417 98.100 20.125
201706 18.011 98.500 19.602
201709 17.543 98.800 19.035
201712 17.878 99.400 19.281
201803 17.876 99.200 19.318
201806 18.535 99.200 20.030
201809 18.940 99.900 20.324
201812 19.260 99.700 20.709
201903 20.172 99.700 21.689
201906 20.437 99.800 21.952
201909 21.481 100.100 23.005
201912 21.659 100.500 23.103
202003 20.447 100.300 21.854
202006 19.968 99.900 21.427
202009 19.452 99.900 20.873
202012 19.397 99.300 20.940
202103 20.256 99.900 21.736
202106 20.020 99.500 21.569
202109 20.838 100.100 22.316
202112 21.483 100.100 23.007
202203 22.590 101.100 23.953
202206 22.125 101.800 23.299
202209 22.898 103.100 23.809
202212 21.541 104.100 22.182
202303 22.491 104.400 23.094
202306 22.469 105.200 22.896
202309 22.622 106.200 22.835
202312 22.319 106.800 22.403
202403 22.877 107.200 22.877

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.


F.C.C. Co  (FRA:FCV) 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.


F.C.C. Co Cyclically Adjusted PB Ratio Related Terms

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


F.C.C. Co (FRA:FCV) Business Description

Traded in Other Exchanges
Address
7000-36 Nakagawa, Hosoe-cho Kita-ku Hamamatsu-shi, Shizuoka-ken, JPN, 431-1394
F.C.C. Co Ltd is a manufacturer of clutches for automobiles and motorcycles. The company operates two business segments: motorcycle clutches and automobile clutches. In its motorcycle clutches division, F.C.C. manufactures and sells motorcycle, scooter, all-terrain vehicle, and general purpose clutches. The automotive clutches division is in the business of producing and selling clutches for automatic and manual transmission vehicles. Its main customers are Honda Motor and Ford, and its largest end markets are the United States. The remaining operations are located in the Asia-Pacific region.

F.C.C. Co (FRA:FCV) Headlines

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