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Marcus (Marcus) Cyclically Adjusted PB Ratio : 0.74 (As of Apr. 27, 2024)


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What is Marcus Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Marcus's current share price is $13.35. Marcus's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $17.93. Marcus's Cyclically Adjusted PB Ratio for today is 0.74.

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

MCS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.35   Max: 3.15
Current: 0.74

During the past years, Marcus's highest Cyclically Adjusted PB Ratio was 3.15. The lowest was 0.48. And the median was 1.35.

MCS's Cyclically Adjusted PB Ratio is ranked better than
65.29% of 631 companies
in the Media - Diversified industry
Industry Median: 1.09 vs MCS: 0.74

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.

Marcus's adjusted book value per share data for the three months ended in Dec. 2023 was $14.853. 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 $17.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marcus Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marcus'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.

Marcus Cyclically Adjusted PB Ratio Chart

Marcus Annual Data
Trend May14 May15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 0.88 1.09 0.83 0.81

Marcus 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 0.83 0.91 0.83 0.86 0.81

Competitive Comparison of Marcus's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Marcus'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.


Marcus's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marcus's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Marcus 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.35/17.93
=0.74

* 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.

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

For example, Marcus'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)
=14.853/129.4194*129.4194
=14.853

Current CPI (Dec. 2023) = 129.4194.

Marcus Quarterly Data

Book Value per Share CPI Adj_Book
201402 11.884 99.057 15.527
201405 11.950 100.373 15.408
201408 12.324 100.352 15.894
201411 12.435 99.635 16.152
201502 12.466 99.032 16.291
201505 12.477 100.333 16.094
201508 12.908 100.548 16.614
201511 13.003 100.135 16.806
201603 13.193 100.470 16.994
201606 13.461 101.688 17.132
201609 13.880 101.861 17.635
201612 14.098 101.863 17.912
201703 14.343 102.862 18.046
201706 14.622 103.349 18.310
201709 14.916 104.136 18.538
201712 15.977 104.011 19.880
201803 16.065 105.290 19.747
201806 16.650 106.317 20.268
201809 17.048 106.507 20.716
201812 17.284 105.998 21.103
201903 19.363 107.251 23.365
201906 19.808 108.070 23.721
201909 20.132 108.329 24.051
201912 20.081 108.420 23.970
202003 19.272 108.902 22.903
202006 18.445 108.767 21.947
202009 17.350 109.815 20.447
202012 16.054 109.897 18.906
202103 14.586 111.754 16.892
202106 13.928 114.631 15.725
202109 14.077 115.734 15.742
202112 14.434 117.630 15.881
202203 13.976 121.301 14.911
202206 14.374 125.017 14.880
202209 14.511 125.227 14.997
202212 14.465 125.222 14.950
202303 14.149 127.348 14.379
202306 14.566 128.729 14.644
202309 14.920 129.860 14.869
202312 14.853 129.419 14.853

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.


Marcus  (NYSE:MCS) 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.


Marcus Cyclically Adjusted PB Ratio Related Terms

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


Marcus (Marcus) Business Description

Traded in Other Exchanges
Address
100 East Wisconsin Avenue, Suite 1900, Milwaukee, WI, USA, 53202-4125
Marcus Corp is engaged in two business segments, which are Theatres and Hotels and Resorts. The Theatre segment operates multiscreen motion picture theatres in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota and Ohio, a family entertainment center in Wisconsin and a retail center in Missouri; Hotels and Resorts segment owns and operates full-service hotels and resorts in Wisconsin, Illinois, Oklahoma, and Nebraska and manages full-service hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, California, and North Carolina. It generates maximum revenue from the Theatres segment.
Executives
Michael Reade Evans officer: Pres., Marcus Hotels & Resorts 100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Mark A Gramz officer: Pres., Marcus Theatres Corp* 100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Austin M Ramirez director ONE MAIN STREET, EVANSVILLE IN 47708
Brian Jay Stark director 3600 SOUTH LAKE DRIVE, ST. FRANCIS WI 53235
Katherine M. Gehl director C/O GEHL FOODS, N116 W15970 MAIN STREET, GERMANTOWN WI 53022
Bruce J Olson director, officer: Group Vice President
Thomas F Kissinger officer: General Counsel and Secretary
Chad M Paris officer: CFO & Treasurer 833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Gregory S Marcus officer: Senior Vice President 100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Diane M Gershowitz director, 10 percent owner
Rolando B Rodriguez officer: Pres. & CEO - Marcus Theatres C/O AMC ENTERTAINMENT INC, 920 MAIN ST, KANSAS CITY MO 64105
Douglas A Neis officer: CFO and Treasurer
David M Baum director 784 MORRIS TURNPIKE #367, SHORT HILLS NJ 07078
Vss-southern Holdings Llc 10 percent owner C/O VERONIS SUHLER STEVENSON, 390 PARK AVENUE, NEW YORK NY 10022
Philip L Milstein director 390 PARK AVENUE, SUITE 600, NEW YORK NY 10022