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MLP SE (XSWX:MLP) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is MLP SE Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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 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)
=4.9/125.0381*125.0381
=4.900

Current CPI (Mar. 2024) = 125.0381.

MLP SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.053 99.543 5.091
201409 4.047 99.823 5.069
201412 4.200 99.543 5.276
201503 3.721 99.717 4.666
201506 3.539 100.417 4.407
201509 3.683 100.417 4.586
201512 3.825 99.717 4.796
201603 3.876 100.017 4.846
201606 3.707 100.717 4.602
201609 3.735 101.017 4.623
201612 3.773 101.217 4.661
201703 3.853 101.417 4.750
201706 3.859 102.117 4.725
201709 4.055 102.717 4.936
201712 4.326 102.617 5.271
201803 4.513 102.917 5.483
201806 4.231 104.017 5.086
201809 4.220 104.718 5.039
201812 4.391 104.217 5.268
201903 4.445 104.217 5.333
201906 4.148 105.718 4.906
201909 4.075 106.018 4.806
201912 4.375 105.818 5.170
202003 4.295 105.718 5.080
202006 4.149 106.618 4.866
202009 4.255 105.818 5.028
202012 4.504 105.518 5.337
202103 4.769 107.518 5.546
202106 4.508 108.486 5.196
202109 4.583 109.435 5.236
202112 4.715 110.384 5.341
202203 4.889 113.968 5.364
202206 4.712 115.760 5.090
202209 4.415 118.818 4.646
202212 4.677 119.345 4.900
202303 4.876 122.402 4.981
202306 4.826 123.140 4.900
202309 4.536 124.195 4.567
202312 4.564 123.773 4.611
202403 4.900 125.038 4.900

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  (XSWX:MLP) 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 (XSWX:MLP) 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 (XSWX:MLP) Headlines

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