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MLP SE (MLP SE) Cyclically Adjusted PB Ratio : 1.21 (As of May. 18, 2024)


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What is MLP SE Cyclically Adjusted PB Ratio?

As of today (2024-05-18), MLP SE's current share price is $5.43. MLP SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.48. MLP SE's Cyclically Adjusted PB Ratio for today is 1.21.

The historical rank and industry rank for MLP SE's Cyclically Adjusted PB Ratio or its related term are showing as below:

MLPKF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.31   Max: 2.22
Current: 1.33

During the past years, MLP SE's highest Cyclically Adjusted PB Ratio was 2.22. The lowest was 0.98. And the median was 1.31.

MLPKF's Cyclically Adjusted PB Ratio is ranked worse than
78.56% of 933 companies
in the Asset Management industry
Industry Median: 0.79 vs MLPKF: 1.33

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.

MLP SE's adjusted book value per share data for the three months ended in Mar. 2024 was $5.612. 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 $4.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MLP SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MLP SE'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.

MLP SE Cyclically Adjusted PB Ratio Chart

MLP SE 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 1.46 1.43 2.17 1.19 1.21

MLP SE 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 1.09 1.26 1.05 1.21 1.21

Competitive Comparison of MLP SE's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, MLP SE'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.


MLP SE's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MLP SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MLP SE 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.

MLP SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.43/4.48
=1.21

* 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.

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

For example, MLP SE'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)
=5.612/125.0381*125.0381
=5.612

Current CPI (Mar. 2024) = 125.0381.

MLP SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.525 99.543 5.684
201409 4.319 99.823 5.410
201412 4.307 99.543 5.410
201503 3.798 99.717 4.762
201506 3.796 100.417 4.727
201509 3.787 100.417 4.716
201512 3.843 99.717 4.819
201603 3.951 100.017 4.939
201606 3.824 100.717 4.747
201609 3.838 101.017 4.751
201612 3.701 101.217 4.572
201703 3.847 101.417 4.743
201706 3.986 102.117 4.881
201709 4.213 102.717 5.129
201712 4.383 102.617 5.341
201803 4.761 102.917 5.784
201806 4.274 104.017 5.138
201809 4.359 104.718 5.205
201812 4.427 104.217 5.311
201903 4.442 104.217 5.329
201906 4.199 105.718 4.966
201909 4.114 106.018 4.852
201912 4.452 105.818 5.261
202003 4.477 105.718 5.295
202006 4.362 106.618 5.116
202009 4.627 105.818 5.467
202012 5.070 105.518 6.008
202103 5.129 107.518 5.965
202106 4.966 108.486 5.724
202109 4.967 109.435 5.675
202112 5.119 110.384 5.799
202203 5.260 113.968 5.771
202206 4.857 115.760 5.246
202209 4.618 118.818 4.860
202212 5.112 119.345 5.356
202303 5.364 122.402 5.480
202306 5.457 123.140 5.541
202309 5.134 124.195 5.169
202312 5.371 123.773 5.426
202403 5.612 125.038 5.612

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.


MLP SE  (OTCPK:MLPKF) 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.


MLP SE Cyclically Adjusted PB Ratio Related Terms

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


MLP SE (MLP SE) Business Description

Traded in Other Exchanges
Address
Alte Heerstrasse 40, Wiesloch, BW, DEU, D-69168
MLP SE is a Germany-based holding company which provides consultation that covers all economic and financial aspects for private and corporate clients, as well as institutional investors such as old-age provision, wealth management, health insurance, non-life insurance, loans, banking, among others. The company has seven business segments namely, Financial consulting; Banking; FERI; DOMCURA; Industrial Broker; Deutschland.Immobilien and Holding.

MLP SE (MLP SE) Headlines

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