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Mr. Cooper Group (Mr. Cooper Group) Cyclically Adjusted Book per Share : $31.73 (As of Mar. 2024)


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What is Mr. Cooper Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Mr. Cooper Group's adjusted book value per share for the three months ended in Mar. 2024 was $68.063. 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 $31.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mr. Cooper Group's average Cyclically Adjusted Book Growth Rate was 28.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 30.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -18.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -26.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Mr. Cooper Group was 30.80% per year. The lowest was -53.20% per year. And the median was 8.05% per year.

As of today (2024-05-23), Mr. Cooper Group's current stock price is $81.69. Mr. Cooper Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $31.73. Mr. Cooper Group's Cyclically Adjusted PB Ratio of today is 2.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mr. Cooper Group was 2.95. The lowest was 0.03. And the median was 0.15.


Mr. Cooper Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mr. Cooper Group's Cyclically Adjusted Book per Share 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.

Mr. Cooper Group Cyclically Adjusted Book per Share Chart

Mr. Cooper Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.46 13.26 17.38 23.04 29.65

Mr. Cooper Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 24.78 26.46 28.22 29.65 31.73

Competitive Comparison of Mr. Cooper Group's Cyclically Adjusted Book per Share

For the Mortgage Finance subindustry, Mr. Cooper Group'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.


Mr. Cooper Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mr. Cooper Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mr. Cooper Group's Cyclically Adjusted PB Ratio falls into.



Mr. Cooper Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Mr. Cooper Group'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)
=68.063/131.7762*131.7762
=68.063

Current CPI (Mar. 2024) = 131.7762.

Mr. Cooper Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.858 100.560 7.676
201409 5.788 100.428 7.595
201412 5.233 99.070 6.961
201503 5.330 99.621 7.050
201506 0.715 100.684 0.936
201509 0.235 100.392 0.308
201512 0.569 99.792 0.751
201603 3.550 100.470 4.656
201606 4.596 101.688 5.956
201609 3.377 101.861 4.369
201612 11.288 101.863 14.603
201703 12.069 102.862 15.462
201706 10.560 103.349 13.465
201709 12.535 104.136 15.862
201712 99.558 104.011 126.134
201803 5.103 105.290 6.387
201806 4.763 106.317 5.904
201809 22.889 106.507 28.320
201812 21.388 105.998 26.589
201903 19.319 107.251 23.737
201906 18.397 108.070 22.433
201909 19.385 108.329 23.581
201912 24.496 108.420 29.773
202003 22.500 108.902 27.226
202006 23.359 108.767 28.300
202009 25.743 109.815 30.891
202012 27.966 109.897 33.534
202103 33.717 111.754 39.758
202106 38.881 114.631 44.696
202109 43.395 115.734 49.410
202112 45.610 117.630 51.095
202203 53.802 121.301 58.448
202206 56.369 125.017 59.417
202209 58.227 125.227 61.272
202212 58.627 125.222 61.696
202303 58.618 127.348 60.656
202306 61.063 128.729 62.509
202309 65.410 129.860 66.375
202312 66.285 129.419 67.492
202403 68.063 131.776 68.063

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Mr. Cooper Group  (NAS:COOP) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Mr. Cooper Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=81.69/31.73
=2.57

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mr. Cooper Group was 2.95. The lowest was 0.03. And the median was 0.15.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Mr. Cooper Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Mr. Cooper Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mr. Cooper Group (Mr. Cooper Group) Business Description

Industry
Traded in Other Exchanges
Address
8950 Cypress Waters Boulevard, Coppell, TX, USA, 75019
Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has two operating segments namely Servicing segment which performs operational activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, and customer service and The Originations segment originates residential mortgage loans through a direct-to-consumer channel, which provides refinance options for existing customers, and through a correspondent channel, which purchases or originates loans from mortgage bankers and brokers.
Executives
Jesse K Bray director, officer: President and CEO 8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019
Shveta Mujumdar director 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Michael R Rawls officer: EVP, Servicing 8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019
Carlos M Pelayo officer: EVP & Chief Legal Officer 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Jaime Gow officer: EVP & Chief Financial Officer 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Eldridge A. Burns officer: EVP and Chief Legal Officer 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Daniela Jorge director 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Kurt G Johnson officer: EVP, Chief Risk & Compliance 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Robert H Gidel director 677 N WASHINGTON BLVD, SARASOTA FL 34236
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Wand Investors Corp 10 percent owner 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Tagar Olson director C/O KKR & CO. L.P., 9 W. 57TH ST., SUITE 4200, NEW YORK NY 10019
Anthony L Ebers officer: EVP and COO 888 E. WALNUT STREET, PASADENA CA 91101
Simon Greene 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Christopher G Marshall officer: Vice Chairman 8950 CYPRESS WATERS BLVD., COPPELL TX 75019