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Mdf Commerce (Mdf Commerce) Cyclically Adjusted PB Ratio : 0.65 (As of Apr. 29, 2024)


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What is Mdf Commerce Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Mdf Commerce's current share price is $4.15. Mdf Commerce's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.35. Mdf Commerce's Cyclically Adjusted PB Ratio for today is 0.65.

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

MECVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 1.52   Max: 4.06
Current: 0.65

During the past years, Mdf Commerce's highest Cyclically Adjusted PB Ratio was 4.06. The lowest was 0.18. And the median was 1.52.

MECVF's Cyclically Adjusted PB Ratio is ranked better than
84.68% of 1299 companies
in the Software industry
Industry Median: 2.56 vs MECVF: 0.65

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.

Mdf Commerce's adjusted book value per share data for the three months ended in Dec. 2023 was $4.042. 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 $6.35 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mdf Commerce Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mdf Commerce'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.

Mdf Commerce Cyclically Adjusted PB Ratio Chart

Mdf Commerce Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 0.46 1.49 0.36 0.34

Mdf Commerce Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.41 0.34 0.39 0.47 0.47

Competitive Comparison of Mdf Commerce's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Mdf Commerce'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.


Mdf Commerce's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Mdf Commerce's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mdf Commerce 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.

Mdf Commerce's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.15/6.35
=0.65

* 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.

Mdf Commerce's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mdf Commerce'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)
=4.042/125.4675*125.4675
=4.042

Current CPI (Dec. 2023) = 125.4675.

Mdf Commerce Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.731 98.604 8.565
201406 7.020 99.473 8.854
201409 7.012 99.394 8.851
201412 6.675 98.367 8.514
201503 6.226 99.789 7.828
201506 6.275 100.500 7.834
201509 5.962 100.421 7.449
201512 5.922 99.947 7.434
201603 6.241 101.054 7.749
201606 6.528 102.002 8.030
201609 6.570 101.765 8.100
201612 6.572 101.449 8.128
201703 6.614 102.634 8.085
201706 6.721 103.029 8.185
201709 7.293 103.345 8.854
201712 6.978 103.345 8.472
201803 6.902 105.004 8.247
201806 6.835 105.557 8.124
201809 6.983 105.636 8.294
201812 6.814 105.399 8.111
201903 5.072 106.979 5.949
201906 5.095 107.690 5.936
201909 5.128 107.611 5.979
201912 5.064 107.769 5.896
202003 4.418 107.927 5.136
202006 4.409 108.401 5.103
202009 4.503 108.164 5.223
202012 5.152 108.559 5.954
202103 6.290 110.298 7.155
202106 6.350 111.720 7.131
202109 6.036 112.905 6.708
202112 5.876 113.774 6.480
202203 5.729 117.646 6.110
202206 5.677 120.806 5.896
202209 4.099 120.648 4.263
202212 4.273 120.964 4.432
202303 4.176 122.702 4.270
202306 4.163 124.203 4.205
202309 4.127 125.230 4.135
202312 4.042 125.468 4.042

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.


Mdf Commerce  (OTCPK:MECVF) 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.


Mdf Commerce Cyclically Adjusted PB Ratio Related Terms

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


Mdf Commerce (Mdf Commerce) Business Description

Industry
Traded in Other Exchanges
Address
1111 St-Charles Street West, East Tower, Suite 255, Longueuil, QC, CAN, J4K 5G4
Mdf Commerce Inc enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers. Its platforms and services empower businesses around the world, allowing them to generate billions of dollars in transactions on an annual basis. The company's procurement, e-commerce and e-marketplace platforms are supported by a strong and dedicated team based in Canada, the United States, Denmark, Ukraine, and China.