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Mexco Energy (FRA:MZB) Cyclically Adjusted Book per Share : €5.59 (As of Dec. 2023)


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What is Mexco Energy 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.

Mexco Energy's adjusted book value per share for the three months ended in Dec. 2023 was €7.609. 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 €5.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mexco Energy's average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.50% 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 Mexco Energy was 11.80% per year. The lowest was -2.80% per year. And the median was 1.95% per year.

As of today (2024-05-26), Mexco Energy's current stock price is €10.70. Mexco Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €5.59. Mexco Energy's Cyclically Adjusted PB Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mexco Energy was 4.29. The lowest was 0.29. And the median was 0.92.


Mexco Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mexco Energy'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.

Mexco Energy Cyclically Adjusted Book per Share Chart

Mexco Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.37 4.97 4.72 5.49 5.65

Mexco Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.74 5.65 5.96 5.84 5.59

Competitive Comparison of Mexco Energy's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Mexco Energy'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.


Mexco Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mexco Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mexco Energy's Cyclically Adjusted PB Ratio falls into.



Mexco Energy 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, Mexco Energy's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7.609/129.4194*129.4194
=7.609

Current CPI (Dec. 2023) = 129.4194.

Mexco Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.753 99.695 6.170
201406 4.854 100.560 6.247
201409 5.166 100.428 6.657
201412 5.347 99.070 6.985
201503 5.990 99.621 7.782
201506 5.652 100.684 7.265
201509 5.326 100.392 6.866
201512 4.396 99.792 5.701
201603 4.119 100.470 5.306
201606 3.962 101.688 5.042
201609 3.868 101.861 4.914
201612 4.046 101.863 5.141
201703 3.994 102.862 5.025
201706 3.676 103.349 4.603
201709 3.390 104.136 4.213
201712 3.374 104.011 4.198
201803 3.345 105.290 4.112
201806 3.538 106.317 4.307
201809 3.555 106.507 4.320
201812 3.644 105.998 4.449
201903 3.657 107.251 4.413
201906 3.636 108.070 4.354
201909 3.698 108.329 4.418
201912 3.684 108.420 4.398
202003 3.710 108.902 4.409
202006 3.516 108.767 4.184
202009 3.352 109.815 3.950
202012 3.295 109.897 3.880
202103 3.569 111.754 4.133
202106 3.695 114.631 4.172
202109 4.099 115.734 4.584
202112 4.604 117.630 5.065
202203 5.164 121.301 5.510
202206 5.963 125.017 6.173
202209 6.966 125.227 7.199
202212 7.034 125.222 7.270
202303 7.360 127.348 7.480
202306 7.406 128.729 7.446
202309 7.612 129.860 7.586
202312 7.609 129.419 7.609

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


Mexco Energy  (FRA:MZB) 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.

Mexco Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.70/5.59
=1.91

* 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 Mexco Energy was 4.29. The lowest was 0.29. And the median was 0.92.


Be Aware

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


Mexco Energy Cyclically Adjusted Book per Share Related Terms

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


Mexco Energy (FRA:MZB) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mexco Energy Corp (FRA:MZB) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
415 W. Wall Street, Suite 475, Midland, TX, USA, 79701
Mexco Energy Corporation is an independent oil and gas company. It is engaged in the exploration, development, and production of natural gas and crude oil properties located in the United States. The company carried out its operation in the Permian Basin of West Texas. It is focusing on two primary areas, the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Loving County, Texas, and the Midland Basin located in the Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties, Texas. The company generates revenue from Oil sales, Natural gas sales, oil and gas royalty interests.

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