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Mobile Mini (Mobile Mini) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is Mobile Mini Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mobile Mini Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mobile Mini'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.

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Mobile Mini Cyclically Adjusted PB Ratio Chart

Mobile Mini Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Mobile Mini Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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Competitive Comparison of Mobile Mini's Cyclically Adjusted PB Ratio

For the Rental & Leasing Services subindustry, Mobile Mini'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.


Mobile Mini's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mobile Mini's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mobile Mini 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.

Mobile Mini's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2020 is calculated as:

For example, Mobile Mini's adjusted Book Value per Share data for the three months ended in Mar. 2020 was:

Adj_Book=Book Value per Share/CPI of Mar. 2020 (Change)*Current CPI (Mar. 2020)
=18.576/108.9015*108.9015
=18.576

Current CPI (Mar. 2020) = 108.9015.

Mobile Mini Quarterly Data

Book Value per Share CPI Adj_Book
201006 15.152 91.962 17.943
201009 15.598 92.162 18.431
201012 15.468 92.474 18.216
201103 11.815 94.283 13.647
201106 16.440 95.235 18.799
201109 16.577 95.727 18.858
201112 16.529 95.213 18.905
201203 16.956 96.783 19.079
201206 17.060 96.819 19.189
201209 17.511 97.633 19.532
201212 17.584 96.871 19.768
201303 17.626 98.209 19.545
201306 17.415 98.518 19.251
201309 18.113 98.790 19.967
201312 18.349 98.326 20.323
201403 18.616 99.695 20.335
201406 18.856 100.560 20.420
201409 18.566 100.428 20.133
201412 18.514 99.070 20.351
201503 17.342 99.621 18.958
201506 17.509 100.684 18.938
201509 17.270 100.392 18.734
201512 17.167 99.792 18.734
201603 17.077 100.470 18.510
201606 16.663 101.688 17.845
201609 16.646 101.861 17.797
201612 16.607 101.863 17.755
201703 17.013 102.862 18.012
201706 17.245 103.349 18.171
201709 17.495 104.136 18.296
201712 19.416 104.011 20.329
201803 19.664 105.290 20.339
201806 19.536 106.317 20.011
201809 18.117 106.507 18.524
201812 18.131 105.998 18.628
201903 18.347 107.251 18.629
201906 18.317 108.070 18.458
201909 18.286 108.329 18.383
201912 19.056 108.420 19.141
202003 18.576 108.902 18.576

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.


Mobile Mini  (NAS:MINI) 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.


Mobile Mini Cyclically Adjusted PB Ratio Related Terms

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


Mobile Mini (Mobile Mini) Business Description

Traded in Other Exchanges
N/A
Address
4646 East Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
Mobile Mini Inc manufactures, rents, and sells portable storage containers. It generates the vast majority of its revenue from the rental of storage containers. The company's products are organized into two primary categories. Portable storage containers are dropped off at a customers' location by Mobile Mini and used by businesses in the retail, manufacturing, and construction industries. Tank and Pump Solutions consists of liquid and solid containers, as well as pumps and filtration equipment used by companies in the chemicals manufacturing, refining, mining, and the oil and gas industries. The company organizes itself into three segments based on geography: North America, United Kingdom, and Tank and Pump Solutions. The majority of revenue comes from the North America segment.
Executives
Kelly M Williams officer: President & C.E.O. 7420 S. KYRENE ROAD, SUITE 101, TEMPE AZ 85283
Michael W Upchurch director KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Jeffrey S Goble director 10617 NORTH HAYDEN ROAD SUITE 100, SCOTTSDALE AZ 85260
Christopher J Miner officer: Senior VP & General Counsel 7420 SOUTH KYRENE ROAD SUITE 101, TEMPE AZ 85253
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Kimberly J Mcwaters director 20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Mark W Krivoruchka officer: S.V.P. and Chief H.R. Officer RSC HOLDINGS INC. 6929 EAST GREENWAY PARKWAY, SUITE 200 SCOTTSDALE AZ 85254
James J Martell director 314 RINGLING POINT DRIVE, SARASOTA FL 34234
Sara R. Dial director 3300 W. CAMELBACK ROAD, SCOTTSDALE AZ 85017
Stephen A Mcconnell director 6700 EAST SOLANO DRIVE, PARADISE VALLEY AZ 85253
Sanjay Swani director 320 PARK AVENUE STE 2500, NEW YORK NY 10022
Philip Hobson officer: Executive V.P., Operations C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Thomas Scully 10 percent owner 320 PARK AVENUE, SUITE # 2500, NEW YORK NM 10022
Wcas Management Corp 10 percent owner 599 LEXINGTON AVENUE, SUITE 1800, NEW YORK NY 10022
Anthony F Ecock 10 percent owner C/O ICAD INC, 98 SPIT BROOK ROAD SUITE 100, NASHUA NH 03062

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