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Mount Logan Capital (NEOE:MLC) Cyclically Adjusted PB Ratio : 0.56 (As of Jun. 06, 2024)


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What is Mount Logan Capital Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Mount Logan Capital's current share price is C$2.00. Mount Logan Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$3.56. Mount Logan Capital's Cyclically Adjusted PB Ratio for today is 0.56.

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

NEOE:MLC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.76   Max: 1.04
Current: 0.59

During the past years, Mount Logan Capital's highest Cyclically Adjusted PB Ratio was 1.04. The lowest was 0.41. And the median was 0.76.

NEOE:MLC's Cyclically Adjusted PB Ratio is ranked better than
71.44% of 942 companies
in the Asset Management industry
Industry Median: 0.8 vs NEOE:MLC: 0.59

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.

Mount Logan Capital's adjusted book value per share data for the three months ended in Mar. 2024 was C$3.408. 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 C$3.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mount Logan Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mount Logan Capital'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.

Mount Logan Capital Cyclically Adjusted PB Ratio Chart

Mount Logan Capital 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 0.77 0.72 1.02 0.76 0.56

Mount Logan Capital 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 0.72 0.74 0.64 0.56 0.56

Competitive Comparison of Mount Logan Capital's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Mount Logan Capital'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.


Mount Logan Capital's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Mount Logan Capital's Cyclically Adjusted PB Ratio falls into.



Mount Logan Capital 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.

Mount Logan Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.00/3.56
=0.56

* 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.

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

For example, Mount Logan Capital'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)
=3.408/131.7762*131.7762
=3.408

Current CPI (Mar. 2024) = 131.7762.

Mount Logan Capital Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.224 100.560 6.846
201409 4.928 100.428 6.466
201412 4.481 99.070 5.960
201503 4.232 99.621 5.598
201506 4.714 100.684 6.170
201509 1.925 100.392 2.527
201512 0.826 99.792 1.091
201603 0.823 100.470 1.079
201606 0.877 101.688 1.136
201609 0.900 101.861 1.164
201612 0.905 101.863 1.171
201703 0.915 102.862 1.172
201706 0.913 103.349 1.164
201709 0.887 104.136 1.122
201712 0.917 104.011 1.162
201803 0.896 105.290 1.121
201806 0.866 106.317 1.073
201809 6.851 106.507 8.476
201812 4.107 105.998 5.106
201903 4.211 107.251 5.174
201906 4.224 108.070 5.151
201909 4.258 108.329 5.180
201912 4.248 108.420 5.163
202003 4.181 108.902 5.059
202006 4.038 108.767 4.892
202009 4.081 109.815 4.897
202012 3.260 109.897 3.909
202103 3.199 111.754 3.772
202106 3.069 114.631 3.528
202109 3.177 115.734 3.617
202112 0.884 117.630 0.990
202203 3.912 121.301 4.250
202206 4.450 125.017 4.691
202209 5.793 125.227 6.096
202212 3.812 125.222 4.012
202303 1.322 127.348 1.368
202306 1.901 128.729 1.946
202309 2.870 129.860 2.912
202312 2.708 129.419 2.757
202403 3.408 131.776 3.408

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.


Mount Logan Capital  (NEOE:MLC) 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.


Mount Logan Capital Cyclically Adjusted PB Ratio Related Terms

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


Mount Logan Capital (NEOE:MLC) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022
Mount Logan Capital Inc operates as emerging asset management and investment firm primarily focused on investing in public and private debt securities in the North American market. It holds and actively manages and monitors a portfolio of loans and other investments with credit-oriented characteristics. It actively sources, evaluates, underwrites, monitors, and primarily invests in loans, debt securities, and other credit-oriented instruments that present attractive risk-adjusted returns and present a low risk of principal impairment through the credit cycle. The company's investment objective is to achieve income and potential capital gains, with attractive risk adjusted return, low volatility, and low risk of principal impairment through the credit cycle.
Executives
Edward Goldthorpe Director, Senior Officer

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