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MTY Food Group (FRA:9MF) Cyclically Adjusted Book per Share : €15.66 (As of Feb. 2024)


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What is MTY Food Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Feb. 2024 was €23.033. 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 €15.66 for the trailing ten years ended in Feb. 2024.

During the past 12 months, MTY Food Group's average Cyclically Adjusted Book Growth Rate was 15.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 22.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of MTY Food Group was 27.70% per year. The lowest was 18.50% per year. And the median was 24.10% per year.

As of today (2024-05-22), MTY Food Group's current stock price is €30.35. MTY Food Group's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €15.66. MTY Food Group's Cyclically Adjusted PB Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MTY Food Group was 11.82. The lowest was 1.46. And the median was 6.56.


MTY Food Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for MTY Food Group's Cyclically Adjusted Book per Share 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 Book per Share Chart

MTY Food Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.75 8.57 11.06 13.76 15.12

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 Book per Share 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 13.89 14.45 14.81 15.12 15.66

Competitive Comparison of MTY Food Group's Cyclically Adjusted Book per Share

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 Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=23.033/125.4675*125.4675
=23.033

Current CPI (Feb. 2024) = 125.4675.

MTY Food Group Quarterly Data

Book Value per Share CPI Adj_Book
201405 4.747 99.394 5.992
201408 5.064 99.315 6.397
201411 5.355 99.078 6.781
201502 5.484 99.078 6.945
201505 6.112 100.263 7.648
201508 5.909 100.579 7.371
201511 6.117 100.421 7.643
201602 5.911 100.421 7.385
201605 5.543 101.765 6.834
201608 8.856 101.686 10.927
201611 10.014 101.607 12.366
201702 10.456 102.476 12.802
201705 10.316 103.108 12.553
201708 9.901 103.108 12.048
201711 9.887 103.740 11.958
201802 9.561 104.688 11.459
201805 15.401 105.399 18.333
201808 16.149 106.031 19.109
201811 16.141 105.478 19.200
201902 16.328 106.268 19.278
201905 17.011 107.927 19.776
201908 17.520 108.085 20.338
201911 18.128 107.769 21.105
202002 18.348 108.559 21.206
202005 15.330 107.532 17.887
202008 14.649 108.243 16.980
202011 15.238 108.796 17.573
202102 15.319 109.745 17.514
202105 15.760 111.404 17.750
202108 16.930 112.668 18.853
202111 18.299 113.932 20.152
202202 18.159 115.986 19.643
202205 19.909 120.016 20.813
202208 22.015 120.569 22.909
202211 21.601 121.675 22.274
202302 21.184 122.070 21.774
202305 21.521 124.045 21.768
202308 22.321 125.389 22.335
202311 22.479 125.468 22.479
202402 23.033 125.468 23.033

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


MTY Food Group  (FRA:9MF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.35/15.66
=1.94

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MTY Food Group was 11.82. The lowest was 1.46. And the median was 6.56.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


MTY Food Group Cyclically Adjusted Book per Share Related Terms

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


MTY Food Group (FRA:9MF) Business Description

Industry
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.

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