GURUFOCUS.COM » STOCK LIST » Technology » Software » Mensch und Maschine Software SE (XTER:MUM) » Definitions » Cyclically Adjusted PB Ratio

Mensch und Maschine Software SE (XTER:MUM) Cyclically Adjusted PB Ratio : 14.16 (As of Jun. 06, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Mensch und Maschine Software SE Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Mensch und Maschine Software SE's current share price is €57.90. Mensch und Maschine Software SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.09. Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio for today is 14.16.

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

XTER:MUM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.74   Med: 14.09   Max: 23.6
Current: 13.9

During the past years, Mensch und Maschine Software SE's highest Cyclically Adjusted PB Ratio was 23.60. The lowest was 8.74. And the median was 14.09.

XTER:MUM's Cyclically Adjusted PB Ratio is ranked worse than
92.47% of 1407 companies
in the Software industry
Industry Median: 2.57 vs XTER:MUM: 13.90

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.

Mensch und Maschine Software SE's adjusted book value per share data for the three months ended in Mar. 2024 was €6.073. 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 €4.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mensch und Maschine Software SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mensch und Maschine Software 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.

Mensch und Maschine Software SE Cyclically Adjusted PB Ratio Chart

Mensch und Maschine Software 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 17.19 22.06 21.29 12.70 13.84

Mensch und Maschine Software 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 13.67 14.29 11.72 13.84 12.99

Competitive Comparison of Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Mensch und Maschine Software 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.


Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio falls into.



Mensch und Maschine Software 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.

Mensch und Maschine Software SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=57.90/4.09
=14.16

* 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.

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

For example, Mensch und Maschine Software 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)
=6.073/125.0381*125.0381
=6.073

Current CPI (Mar. 2024) = 125.0381.

Mensch und Maschine Software SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.116 99.543 2.658
201409 2.080 99.823 2.605
201412 2.268 99.543 2.849
201503 2.382 99.717 2.987
201506 2.334 100.417 2.906
201509 2.321 100.417 2.890
201512 2.314 99.717 2.902
201603 2.382 100.017 2.978
201606 2.332 100.717 2.895
201609 2.355 101.017 2.915
201612 2.388 101.217 2.950
201703 2.544 101.417 3.137
201706 2.390 102.117 2.926
201709 2.501 102.717 3.044
201712 2.628 102.617 3.202
201803 2.822 102.917 3.429
201806 2.628 104.017 3.159
201809 2.710 104.718 3.236
201812 3.054 104.217 3.664
201903 3.852 104.217 4.622
201906 3.582 105.718 4.237
201909 3.615 106.018 4.264
201912 4.016 105.818 4.745
202003 4.264 105.718 5.043
202006 4.452 106.618 5.221
202009 3.993 105.818 4.718
202012 4.385 105.518 5.196
202103 4.783 107.518 5.562
202106 4.434 108.486 5.111
202109 4.572 109.435 5.224
202112 5.091 110.384 5.767
202203 5.111 113.968 5.607
202206 4.337 115.760 4.685
202209 4.319 118.818 4.545
202212 4.721 119.345 4.946
202303 5.290 122.402 5.404
202306 4.752 123.140 4.825
202309 5.033 124.195 5.067
202312 5.509 123.773 5.565
202403 6.073 125.038 6.073

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.


Mensch und Maschine Software SE  (XTER:MUM) 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.


Mensch und Maschine Software SE Cyclically Adjusted PB Ratio Related Terms

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


Mensch und Maschine Software SE (XTER:MUM) Business Description

Traded in Other Exchanges
Address
Argelsrieder Feld 5, Wessling, BY, DEU, 82234
Mensch und Maschine Software SE is a Germany-based company engaged in the provision of Computer-Aided Design (CAD), Computer-Aided Manufacturing (CAM), Computer-Aided Engineering (CAE), Products Data Management, and Building Information Management solutions. The company's business model is based on two segments: Value Added Reselling (VAR) business and M+M software. The VAR business segment covers the direct selling of CAD software to end-users and associated services. The M+M software segment contains its own development of CAD/CAM/CAE/BIM software. The majority of the company's revenue is generated from Value Added Reselling business segment.
Executives
Dr. Rupprecht Von Bechtolsheim Supervisory Board

Mensch und Maschine Software SE (XTER:MUM) Headlines

No Headlines