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Multitude SE (LTS:0R4W) Cyclically Adjusted PB Ratio : 0.88 (As of May. 26, 2024)


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What is Multitude SE Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Multitude SE's current share price is €5.36. Multitude SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.11. Multitude SE's Cyclically Adjusted PB Ratio for today is 0.88.

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

LTS:0R4W' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.76   Max: 0.87
Current: 0.87

During the past years, Multitude SE's highest Cyclically Adjusted PB Ratio was 0.87. The lowest was 0.69. And the median was 0.76.

LTS:0R4W's Cyclically Adjusted PB Ratio is ranked better than
52.82% of 301 companies
in the Credit Services industry
Industry Median: 0.9 vs LTS:0R4W: 0.87

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.

Multitude SE's adjusted book value per share data for the three months ended in Mar. 2024 was €8.568. 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 €6.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Multitude SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Multitude 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.

Multitude SE Cyclically Adjusted PB Ratio Chart

Multitude 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 - - - - 0.70

Multitude 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 - - - 0.70 0.82

Competitive Comparison of Multitude SE's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Multitude 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.


Multitude SE's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Multitude SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Multitude 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.

Multitude SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.36/6.11
=0.88

* 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.

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

For example, Multitude 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)
=8.568/122.3600*122.3600
=8.568

Current CPI (Mar. 2024) = 122.3600.

Multitude SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.147 0.000
201409 0.000 100.726 0.000
201412 0.994 100.229 1.213
201503 3.223 100.120 3.939
201506 3.276 100.030 4.007
201509 3.460 100.130 4.228
201512 3.598 99.990 4.403
201603 3.730 100.080 4.560
201606 3.760 100.390 4.583
201609 3.858 100.540 4.695
201612 4.072 101.020 4.932
201703 4.331 100.910 5.252
201706 4.434 101.140 5.364
201709 4.659 101.320 5.626
201712 4.877 101.510 5.879
201803 4.818 101.730 5.795
201806 4.776 102.320 5.711
201809 5.002 102.600 5.965
201812 4.825 102.710 5.748
201903 5.188 102.870 6.171
201906 5.281 103.360 6.252
201909 5.612 103.540 6.632
201912 5.804 103.650 6.852
202003 5.483 103.490 6.483
202006 5.811 103.320 6.882
202009 5.917 103.710 6.981
202012 6.016 103.890 7.086
202103 5.787 104.870 6.752
202106 5.920 105.360 6.875
202109 8.164 106.290 9.398
202112 8.019 107.490 9.128
202203 7.901 110.950 8.714
202206 7.858 113.570 8.466
202209 8.009 114.920 8.528
202212 8.340 117.320 8.698
202303 8.500 119.750 8.685
202306 8.411 120.690 8.527
202309 8.528 121.280 8.604
202312 8.495 121.540 8.552
202403 8.568 122.360 8.568

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.


Multitude SE  (LTS:0R4W) 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.


Multitude SE Cyclically Adjusted PB Ratio Related Terms

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


Multitude SE (LTS:0R4W) Business Description

Traded in Other Exchanges
Address
Ratamestarinkatu 11 A, Helsinki, FIN, 00520
Multitude SE is a fully regulated growth platform for financial technology. Its ambition is to become a valued financial ecosystem. It is a provider of digital financial services, building a financial ecosystem that transcends the hassle of physical banking and complicated financial transactions into a paperless, borderless, and real-time experience for customers.

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