GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MTY Food Group Inc (OTCPK:MTYFF) » Definitions » Cyclically Adjusted PB Ratio

MTY Food Group (MTY Food Group) Cyclically Adjusted PB Ratio : 2.14 (As of Apr. 28, 2024)


View and export this data going back to 2010. Start your Free Trial

What is MTY Food Group Cyclically Adjusted PB Ratio?

As of today (2024-04-28), MTY Food Group's current share price is $35.9165. MTY Food Group's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $16.80. MTY Food Group's Cyclically Adjusted PB Ratio for today is 2.14.

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

MTYFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 6.64   Max: 11.82
Current: 2.13

During the past years, MTY Food Group's highest Cyclically Adjusted PB Ratio was 11.82. The lowest was 1.46. And the median was 6.64.

MTYFF's Cyclically Adjusted PB Ratio is ranked better than
50.45% of 224 companies
in the Restaurants industry
Industry Median: 2.105 vs MTYFF: 2.13

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.

MTY Food Group's adjusted book value per share data for the three months ended in Feb. 2024 was $24.846. 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 $16.80 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MTY Food Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MTY Food 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.

* Premium members only.

MTY Food Group Cyclically Adjusted PB Ratio Chart

MTY Food Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.90 3.83 3.43 3.16 2.30

MTY Food Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.21 2.74 3.03 2.30 2.19

Competitive Comparison of MTY Food Group's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, MTY Food 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.


MTY Food Group's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MTY Food Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MTY Food 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.

MTY Food Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.9165/16.8
=2.14

* 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.

MTY Food Group's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, MTY Food Group's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=24.846/125.4675*125.4675
=24.846

Current CPI (Feb. 2024) = 125.4675.

MTY Food Group Quarterly Data

Book Value per Share CPI Adj_Book
201405 6.521 99.394 8.232
201408 6.743 99.315 8.519
201411 6.677 99.078 8.455
201502 6.225 99.078 7.883
201505 6.829 100.263 8.546
201508 6.580 100.579 8.208
201511 6.564 100.421 8.201
201602 6.553 100.421 8.187
201605 6.270 101.765 7.730
201608 9.928 101.686 12.250
201611 10.802 101.607 13.339
201702 11.135 102.476 13.633
201705 11.398 103.108 13.870
201708 11.690 103.108 14.225
201711 11.605 103.740 14.036
201802 11.804 104.688 14.147
201805 18.205 105.399 21.671
201808 18.648 106.031 22.066
201811 18.342 105.478 21.818
201902 18.533 106.268 21.881
201905 19.028 107.927 22.120
201908 19.488 108.085 22.622
201911 20.031 107.769 23.321
202002 20.009 108.559 23.125
202005 16.718 107.532 19.506
202008 17.336 108.243 20.095
202011 18.012 108.796 20.772
202102 18.523 109.745 21.177
202105 19.149 111.404 21.566
202108 19.918 112.668 22.181
202111 20.890 113.932 23.005
202202 20.612 115.986 22.297
202205 21.046 120.016 22.002
202208 22.305 120.569 23.211
202211 22.019 121.675 22.705
202302 22.681 122.070 23.312
202305 23.392 124.045 23.660
202308 24.341 125.389 24.356
202311 24.328 125.468 24.328
202402 24.846 125.468 24.846

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.


MTY Food Group  (OTCPK:MTYFF) 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.


MTY Food Group Cyclically Adjusted PB Ratio Related Terms

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


MTY Food Group (MTY Food Group) Business Description

Traded in Other Exchanges
Address
8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5
MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada and US and International. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.

MTY Food Group (MTY Food Group) Headlines

From GuruFocus

MTY Food Group Inc's Dividend Analysis

By GuruFocus Research 02-02-2024