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Mannatech (Mannatech) Cyclically Adjusted PB Ratio : 0.58 (As of Apr. 29, 2024)


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What is Mannatech Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Mannatech's current share price is $8.19. Mannatech's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.24. Mannatech's Cyclically Adjusted PB Ratio for today is 0.58.

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

MTEX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 1.07   Max: 3.14
Current: 0.57

During the past years, Mannatech's highest Cyclically Adjusted PB Ratio was 3.14. The lowest was 0.34. And the median was 1.07.

MTEX's Cyclically Adjusted PB Ratio is ranked better than
81.28% of 219 companies
in the Retail - Defensive industry
Industry Median: 1.59 vs MTEX: 0.57

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.

Mannatech's adjusted book value per share data for the three months ended in Dec. 2023 was $5.636. 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 $14.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mannatech Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mannatech'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.

Mannatech Cyclically Adjusted PB Ratio Chart

Mannatech 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 1.25 1.49 2.89 1.26 0.57

Mannatech 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 1.26 1.20 0.83 0.72 0.57

Competitive Comparison of Mannatech's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Mannatech'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.


Mannatech's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mannatech's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mannatech 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.19/14.24
=0.58

* 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.

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

For example, Mannatech'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)
=5.636/129.4194*129.4194
=5.636

Current CPI (Dec. 2023) = 129.4194.

Mannatech Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.012 99.695 11.699
201406 8.995 100.560 11.577
201409 10.891 100.428 14.035
201412 11.725 99.070 15.317
201503 12.277 99.621 15.949
201506 13.402 100.684 17.227
201509 13.656 100.392 17.605
201512 14.378 99.792 18.647
201603 14.821 100.470 19.091
201606 14.665 101.688 18.664
201609 15.646 101.861 19.879
201612 14.462 101.863 18.374
201703 14.776 102.862 18.591
201706 15.052 103.349 18.849
201709 15.388 104.136 19.124
201712 14.888 104.011 18.525
201803 14.803 105.290 18.196
201806 13.012 106.317 15.840
201809 11.705 106.507 14.223
201812 10.635 105.998 12.985
201903 10.707 107.251 12.920
201906 11.386 108.070 13.635
201909 10.330 108.329 12.341
201912 11.455 108.420 13.674
202003 11.860 108.902 14.095
202006 11.726 108.767 13.952
202009 12.563 109.815 14.806
202012 12.540 109.897 14.768
202103 12.768 111.754 14.786
202106 12.539 114.631 14.157
202109 13.089 115.734 14.637
202112 12.579 117.630 13.840
202203 12.171 121.301 12.986
202206 11.075 125.017 11.465
202209 9.926 125.227 10.258
202212 7.626 125.222 7.882
202303 7.393 127.348 7.513
202306 6.238 128.729 6.271
202309 5.752 129.860 5.733
202312 5.636 129.419 5.636

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.


Mannatech  (NAS:MTEX) 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.


Mannatech Cyclically Adjusted PB Ratio Related Terms

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


Mannatech (Mannatech) Business Description

Traded in Other Exchanges
N/A
Address
1410 Lakeside Parkway, Suite 200, Flower Mound, TX, USA, 75028
Mannatech Inc is a wellness solution provider. The company develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products that target optimal health and wellness. Mannatech sells products in three regions: the Americas (the United States, Canada, and Mexico); Europe/the Middle East/Africa (EMEA) (Austria, the Czech Republic, Denmark, Estonia, Finland, Germany, the Republic of Ireland, Namibia, the Netherlands, Norway, South Africa, Spain, Sweden, and the United Kingdom); and Asia/Pacific (Australia, Japan, New Zealand, the Republic of Korea, Singapore, Taiwan, Hong Kong, and China). Mannatech generates the majority of its revenue from Asia/Pacific, followed by the Americas.
Executives
Alfredo Bala officer: CEO and President 28 CITY VIEW CIRCLE, NORTH PROVIDENCE RI 02911
Larry A Jobe director 2951 KINWEST PARKWAY, IRVING TX 75063
Kevin Andrew Robbins director 600 S. ROYAL LANE, STE. 200, COPPELL TX 75019
Seifrick A John director 3443 WEST LAWTHER DRIVE, DALLAS TX 75214
J Stanley Fredrick director, 10 percent owner 1601 BRYAN STREET, 30TH FLOOR, DALLAS TX 75201
Gerald E Gilbert director
Tyler Rameson director 300 SHEFFIELD DRIVE, SANTA BARBARA CA 93108
Erin Kemmler Barta officer: General Counsel 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Ronald Dale Norman officer: Sr VP Treasury 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Joel R. Bikman officer: COO 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Yong Jae Park officer: Regional President 600 S ROYAL LANE, SUITE 200, COPPELL TX 75019
Christopher J. Simons officer: Regional President 600 S ROYAL LANE, SUITE 200, COPPELL TX 75019
David Allen Johnson officer: Chief Financial Officer 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Robert Toth director
Eric W Schrier director MANNATECH, INCORPORATED, 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019

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