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MakoLab (WAR:MLB) Cyclically Adjusted PB Ratio : 1.75 (As of Jun. 10, 2024)


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What is MakoLab Cyclically Adjusted PB Ratio?

As of today (2024-06-10), MakoLab's current share price is zł4.86. MakoLab's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł2.77. MakoLab's Cyclically Adjusted PB Ratio for today is 1.75.

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

WAR:MLB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.62   Med: 2.83   Max: 6.81
Current: 1.75

During the past years, MakoLab's highest Cyclically Adjusted PB Ratio was 6.81. The lowest was 1.62. And the median was 2.83.

WAR:MLB's Cyclically Adjusted PB Ratio is ranked better than
62.45% of 1422 companies
in the Software industry
Industry Median: 2.5 vs WAR:MLB: 1.75

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.

MakoLab's adjusted book value per share data for the three months ended in Mar. 2024 was zł3.899. 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 zł2.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MakoLab Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MakoLab'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.

MakoLab Cyclically Adjusted PB Ratio Chart

MakoLab 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 3.42 5.27 3.12 2.31 1.69

MakoLab 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 2.88 2.37 1.91 1.69 1.61

Competitive Comparison of MakoLab's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, MakoLab'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.


MakoLab's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



MakoLab 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.

MakoLab's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.86/2.77
=1.75

* 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.

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

For example, MakoLab'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)
=3.899/149.0435*149.0435
=3.899

Current CPI (Mar. 2024) = 149.0435.

MakoLab Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.791 101.180 1.165
201409 0.825 100.611 1.222
201412 1.021 100.122 1.520
201503 1.128 100.041 1.681
201506 1.109 100.448 1.646
201509 1.236 99.634 1.849
201512 1.206 99.471 1.807
201603 1.267 98.983 1.908
201606 0.000 99.552 0.000
201609 1.117 99.064 1.681
201612 1.243 100.366 1.846
201703 1.153 101.018 1.701
201706 1.195 101.180 1.760
201709 1.262 101.343 1.856
201712 1.335 102.564 1.940
201803 1.313 102.564 1.908
201806 1.372 103.378 1.978
201809 1.522 103.378 2.194
201812 1.667 103.785 2.394
201903 1.767 104.274 2.526
201906 1.859 105.983 2.614
201909 2.144 105.983 3.015
201912 2.329 107.123 3.240
202003 2.533 109.076 3.461
202006 2.682 109.402 3.654
202009 2.829 109.320 3.857
202012 3.011 109.565 4.096
202103 3.070 112.658 4.062
202106 2.884 113.960 3.772
202109 3.044 115.588 3.925
202112 3.030 119.088 3.792
202203 3.330 125.031 3.970
202206 3.189 131.705 3.609
202209 3.472 135.531 3.818
202212 3.485 139.113 3.734
202303 3.735 145.950 3.814
202306 3.650 147.009 3.701
202309 3.667 146.113 3.741
202312 3.696 147.741 3.729
202403 3.899 149.044 3.899

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.


MakoLab  (WAR:MLB) 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.


MakoLab Cyclically Adjusted PB Ratio Related Terms

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


MakoLab (WAR:MLB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul. Ogrodowa 8, Lodz, POL, 91-062
MakoLab SA engaged in the provision of technology and marketing solutions in Poland. It is engaged in the creation and implementation of Web solutions, including Web services, portals, WWW pages, and visual projects; and provision of maintenance and management services of IT resources. The company serves Automotive, Finance, Banking and Insurance, Commercial Real Estate, Public sector, Culture and Education, Lifestyle, and Tourism, Travelling and Leisure.

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