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MLP SE (XTER:MLP) Cyclically Adjusted PB Ratio : 1.38 (As of Jun. 01, 2024)


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What is MLP SE Cyclically Adjusted PB Ratio?

As of today (2024-06-01), MLP SE's current share price is €6.40. MLP SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.63. MLP SE's Cyclically Adjusted PB Ratio for today is 1.38.

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

XTER:MLP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.31   Max: 2.22
Current: 1.38

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.

XTER:MLP's Cyclically Adjusted PB Ratio is ranked worse than
78.75% of 946 companies
in the Asset Management industry
Industry Median: 0.795 vs XTER:MLP: 1.38

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 €5.163. 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 €4.63 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
=6.40/4.63
=1.38

* 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)
=5.163/125.0381*125.0381
=5.163

Current CPI (Mar. 2024) = 125.0381.

MLP SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.330 99.543 4.183
201409 3.352 99.823 4.199
201412 3.493 99.543 4.388
201503 3.509 99.717 4.400
201506 3.383 100.417 4.212
201509 3.375 100.417 4.203
201512 3.528 99.717 4.424
201603 3.548 100.017 4.436
201606 3.403 100.717 4.225
201609 3.420 101.017 4.233
201612 3.508 101.217 4.334
201703 3.597 101.417 4.435
201706 3.548 102.117 4.344
201709 3.535 102.717 4.303
201712 3.704 102.617 4.513
201803 3.861 102.917 4.691
201806 3.658 104.017 4.397
201809 3.735 104.718 4.460
201812 3.892 104.217 4.670
201903 3.932 104.217 4.718
201906 3.716 105.718 4.395
201909 3.748 106.018 4.420
201912 4.007 105.818 4.735
202003 4.038 105.718 4.776
202006 3.873 106.618 4.542
202009 3.948 105.818 4.665
202012 4.167 105.518 4.938
202103 4.308 107.518 5.010
202106 4.122 108.486 4.751
202109 4.222 109.435 4.824
202112 4.530 110.384 5.131
202203 4.776 113.968 5.240
202206 4.595 115.760 4.963
202209 4.664 118.818 4.908
202212 4.826 119.345 5.056
202303 5.010 122.402 5.118
202306 5.037 123.140 5.115
202309 4.811 124.195 4.844
202312 4.926 123.773 4.976
202403 5.163 125.038 5.163

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  (XTER: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 (XTER: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.
Executives
Reinhard Loose Board of Directors
Dr. Peter Lütke-bornefeld Chairman of the Supervisory Board

MLP SE (XTER:MLP) Headlines

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