Minh Phu Seafood Group (STC:MPC) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)

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What is Minh Phu Seafood Group Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation

Minh Phu Seafood Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Minh Phu Seafood 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.

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Minh Phu Seafood Group Cyclically Adjusted PB Ratio Chart

Minh Phu Seafood Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

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0.88

1.16

0.89

0.93

Minh Phu Seafood 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 PB Ratio	Get a 7-Day Free Trial															-	-	-	0.93	-

Competitive Comparison of Minh Phu Seafood Group's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Minh Phu Seafood 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.

Minh Phu Seafood Group's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Minh Phu Seafood Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Minh Phu Seafood Group's Cyclically Adjusted PB Ratio falls into.

Minh Phu Seafood 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.

Minh Phu Seafood Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Minh Phu Seafood Group's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book	=	Book Value per Share	/	CPI of Dec23 (Change)	*	Current CPI (Dec23)
	=	38445.343	/	129.4194	*	129.4194
	=	38,445.343

Current CPI (Dec23) = 129.4194.

Minh Phu Seafood Group Annual Data

	Book Value per Share	CPI	Adj_Book
201212	18,715.007	96.871	25,003.174
201312	22,839.258	98.326	30,061.693
201412	26,102.042	99.070	34,098.323
201712	17,746.054	104.011	22,081.140
201812	22,594.545	105.998	27,587.079
201912	35,414.781	108.420	42,274.077
202012	37,551.828	109.897	44,222.717
202112	38,688.427	117.630	42,566.134
202212	40,760.309	125.222	42,126.648
202312	38,445.343	129.419	38,445.343

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.

Minh Phu Seafood Group (STC:MPC) 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.

Minh Phu Seafood Group Cyclically Adjusted PB Ratio Related Terms

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Minh Phu Seafood Group (STC:MPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Minh Phu Seafood Group Corp (STC:MPC) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

MPC:Vietnam

Address

Industrial Zone, Ward 8, Ca Mau Province, Ca Mau, VNM

Website

http://www.minhphu.com

Minh Phu Seafood Group Corp is involved in the business of processing and exporting seafood. The company provides feeding shrimps, biological products, and commercial shrimps. The activity of the company is to process and trade in aquatic breeds and aquatic foods; and to trade in machinery and equipment for aquaculture. It operates in four business segments: aquaculture products breeding; aquatic products processing; aquatic products trading and Others.