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Fundamenta Real Estate AG (XSWX:FREN) Cyclically Adjusted PB Ratio : 1.03 (As of Jun. 08, 2024)


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What is Fundamenta Real Estate AG Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Fundamenta Real Estate AG's current share price is CHF16.10. Fundamenta Real Estate AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF15.70. Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio for today is 1.03.

The historical rank and industry rank for Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

XSWX:FREN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.1   Max: 1.41
Current: 1.06

During the past 12 years, Fundamenta Real Estate AG's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 1.00. And the median was 1.10.

XSWX:FREN's Cyclically Adjusted PB Ratio is ranked worse than
65.15% of 1389 companies
in the Real Estate industry
Industry Median: 0.71 vs XSWX:FREN: 1.06

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.

Fundamenta Real Estate AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF16.580. 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 CHF15.70 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fundamenta Real Estate AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fundamenta Real Estate AG'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.

Fundamenta Real Estate AG Cyclically Adjusted PB Ratio Chart

Fundamenta Real Estate AG 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 - - 1.35 1.06 1.07

Fundamenta Real Estate AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.35 - 1.06 - 1.07

Competitive Comparison of Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Fundamenta Real Estate AG'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.


Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio falls into.



Fundamenta Real Estate AG 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.

Fundamenta Real Estate AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.10/15.7
=1.03

* 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.

Fundamenta Real Estate AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Fundamenta Real Estate AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=16.58/106.4612*106.4612
=16.580

Current CPI (Dec23) = 106.4612.

Fundamenta Real Estate AG Annual Data

Book Value per Share CPI Adj_Book
201412 13.046 100.704 13.792
201512 12.780 99.386 13.690
201612 13.348 99.380 14.299
201712 18.203 100.213 19.338
201812 11.417 100.906 12.046
201912 15.147 101.063 15.956
202012 15.708 100.241 16.683
202112 16.663 101.776 17.430
202212 16.854 104.666 17.143
202312 16.580 106.461 16.580

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.


Fundamenta Real Estate AG  (XSWX:FREN) 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.


Fundamenta Real Estate AG Cyclically Adjusted PB Ratio Related Terms

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


Fundamenta Real Estate AG (XSWX:FREN) Business Description

Traded in Other Exchanges
Address
Fundamenta Real Estate AG, Poststrasse 4a, Zug, CHE, 6300
Fundamenta Real Estate AG is engaged in the acquisition, development and holding of residential real estate with a focus on the middle rent segment in German-speaking Switzerland.

Fundamenta Real Estate AG (XSWX:FREN) Headlines

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