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Francotyp-Postalia Holding AG (XTER:FPH) Cyclically Adjusted PB Ratio : 1.30 (As of Jun. 07, 2024)


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What is Francotyp-Postalia Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Francotyp-Postalia Holding AG's current share price is €2.76. Francotyp-Postalia Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €2.12. Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio for today is 1.30.

The historical rank and industry rank for Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

XTER:FPH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.71   Max: 2.87
Current: 1.2

During the past years, Francotyp-Postalia Holding AG's highest Cyclically Adjusted PB Ratio was 2.87. The lowest was 1.18. And the median was 1.71.

XTER:FPH's Cyclically Adjusted PB Ratio is ranked better than
60.77% of 673 companies
in the Business Services industry
Industry Median: 1.6 vs XTER:FPH: 1.20

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.

Francotyp-Postalia Holding AG's adjusted book value per share data for the three months ended in Dec. 2023 was €2.199. 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 €2.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Francotyp-Postalia Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Francotyp-Postalia Holding 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.

Francotyp-Postalia Holding AG Cyclically Adjusted PB Ratio Chart

Francotyp-Postalia Holding 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 1.91 1.73 1.60 1.68 1.34

Francotyp-Postalia Holding AG 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 1.68 1.71 1.57 1.39 1.34

Competitive Comparison of Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Francotyp-Postalia Holding 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.


Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio falls into.



Francotyp-Postalia Holding 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.

Francotyp-Postalia Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.76/2.12
=1.30

* 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.

Francotyp-Postalia Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Francotyp-Postalia Holding AG'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)
=2.199/123.7729*123.7729
=2.199

Current CPI (Dec. 2023) = 123.7729.

Francotyp-Postalia Holding AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.699 99.543 2.113
201406 1.708 99.543 2.124
201409 1.856 99.823 2.301
201412 1.798 99.543 2.236
201503 2.184 99.717 2.711
201506 2.034 100.417 2.507
201509 2.024 100.417 2.495
201512 2.108 99.717 2.617
201603 2.141 100.017 2.650
201606 2.122 100.717 2.608
201609 2.142 101.017 2.625
201612 2.217 101.217 2.711
201703 2.360 101.417 2.880
201706 2.055 102.117 2.491
201709 2.106 102.717 2.538
201712 1.984 102.617 2.393
201803 2.132 102.917 2.564
201806 2.165 104.017 2.576
201809 2.194 104.718 2.593
201812 1.966 104.217 2.335
201903 2.241 104.217 2.662
201906 2.131 105.718 2.495
201909 2.316 106.018 2.704
201912 0.752 105.818 0.880
202003 2.138 105.718 2.503
202006 2.086 106.618 2.422
202009 2.137 105.818 2.500
202012 0.824 105.518 0.967
202103 0.937 107.518 1.079
202106 0.912 108.486 1.041
202109 1.044 109.435 1.181
202112 0.903 110.384 1.013
202203 1.330 113.968 1.444
202206 1.386 115.760 1.482
202209 1.528 118.818 1.592
202212 1.574 119.345 1.632
202303 1.748 122.402 1.768
202306 1.600 123.140 1.608
202309 1.700 124.195 1.694
202312 2.199 123.773 2.199

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.


Francotyp-Postalia Holding AG  (XTER:FPH) 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.


Francotyp-Postalia Holding AG Cyclically Adjusted PB Ratio Related Terms

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


Francotyp-Postalia Holding AG (XTER:FPH) Business Description

Traded in Other Exchanges
Address
Prenzlauer Promenade 28, Berlin, BB, DEU, 13089
Francotyp-Postalia Holding AG is a company dealing with mail communication. Its business activities focus on traditional product business, which consists of the development, manufacture, and distribution of franking systems, as well as inserting machines and after-sale business. The company also comprises services such as the collection of business mail and software solutions.
Executives
Ralf Georg Spielberger Board of Directors
Carsten Von Lavergne-peguilhen Lind Board of Directors
Dr. Alexander Granderath Supervisory Board
Martin Eckhardt Geisel Board of Directors
Dr. Hans Alexander Granderath Supervisory Board
Carsten Lavergne-peguilhen Lind Board of Directors
Patricius De Gruyter Board of Directors