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MTY Food Group (FRA:9MF) Cyclically Adjusted PB Ratio : 1.94 (As of May. 22, 2024)


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What is MTY Food Group Cyclically Adjusted PB Ratio?

As of today (2024-05-22), MTY Food Group's current share price is €30.35. MTY Food Group's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €15.66. MTY Food Group's Cyclically Adjusted PB Ratio for today is 1.94.

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

FRA:9MF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 6.56   Max: 11.82
Current: 1.96

During the past years, MTY Food Group's highest Cyclically Adjusted PB Ratio was 11.82. The lowest was 1.46. And the median was 6.56.

FRA:9MF's Cyclically Adjusted PB Ratio is ranked better than
52.4% of 229 companies
in the Restaurants industry
Industry Median: 2.04 vs FRA:9MF: 1.96

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.

MTY Food Group's adjusted book value per share data for the three months ended in Feb. 2024 was €23.033. 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 €15.66 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MTY Food Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MTY Food Group'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.

MTY Food Group Cyclically Adjusted PB Ratio Chart

MTY Food Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.90 3.83 3.43 3.16 2.30

MTY Food Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.21 2.74 3.03 2.30 2.19

Competitive Comparison of MTY Food Group's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, MTY Food 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.


MTY Food Group's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MTY Food Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MTY Food Group 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.

MTY Food Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.35/15.66
=1.94

* 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.

MTY Food Group's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, MTY Food Group's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=23.033/125.4675*125.4675
=23.033

Current CPI (Feb. 2024) = 125.4675.

MTY Food Group Quarterly Data

Book Value per Share CPI Adj_Book
201405 4.747 99.394 5.992
201408 5.064 99.315 6.397
201411 5.355 99.078 6.781
201502 5.484 99.078 6.945
201505 6.112 100.263 7.648
201508 5.909 100.579 7.371
201511 6.117 100.421 7.643
201602 5.911 100.421 7.385
201605 5.543 101.765 6.834
201608 8.856 101.686 10.927
201611 10.014 101.607 12.366
201702 10.456 102.476 12.802
201705 10.316 103.108 12.553
201708 9.901 103.108 12.048
201711 9.887 103.740 11.958
201802 9.561 104.688 11.459
201805 15.401 105.399 18.333
201808 16.149 106.031 19.109
201811 16.141 105.478 19.200
201902 16.328 106.268 19.278
201905 17.011 107.927 19.776
201908 17.520 108.085 20.338
201911 18.128 107.769 21.105
202002 18.348 108.559 21.206
202005 15.330 107.532 17.887
202008 14.649 108.243 16.980
202011 15.238 108.796 17.573
202102 15.319 109.745 17.514
202105 15.760 111.404 17.750
202108 16.930 112.668 18.853
202111 18.299 113.932 20.152
202202 18.159 115.986 19.643
202205 19.909 120.016 20.813
202208 22.015 120.569 22.909
202211 21.601 121.675 22.274
202302 21.184 122.070 21.774
202305 21.521 124.045 21.768
202308 22.321 125.389 22.335
202311 22.479 125.468 22.479
202402 23.033 125.468 23.033

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.


MTY Food Group  (FRA:9MF) 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.


MTY Food Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of MTY Food Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MTY Food Group (FRA:9MF) Business Description

Traded in Other Exchanges
Address
8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5
MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada and US and International. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.

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