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Mullen Group (FRA:9MU) Cyclically Adjusted Book per Share : €7.11 (As of Mar. 2025)


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What is Mullen 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.

Mullen Group's adjusted book value per share for the three months ended in Mar. 2025 was €7.458. 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 €7.11 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Mullen Group's average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.90% 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 Mullen Group was 18.80% per year. The lowest was -5.20% per year. And the median was 2.90% per year.

As of today (2025-05-25), Mullen Group's current stock price is €8.70. Mullen Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €7.11. Mullen Group's Cyclically Adjusted PB Ratio of today is 1.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mullen Group was 1.64. The lowest was 0.40. And the median was 1.26.


Mullen Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mullen 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.

Mullen Group Cyclically Adjusted Book per Share Chart

Mullen Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.28 7.15 7.65 7.32 7.31

Mullen Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.46 7.40 7.47 7.31 7.11

Competitive Comparison of Mullen Group's Cyclically Adjusted Book per Share

For the Trucking subindustry, Mullen 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.


Mullen Group's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mullen Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Mullen 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, Mullen Group's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.458/129.1809*129.1809
=7.458

Current CPI (Mar. 2025) = 129.1809.

Mullen Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.692 100.500 8.602
201509 6.092 100.421 7.837
201512 5.891 99.947 7.614
201603 5.973 101.054 7.636
201606 6.404 102.002 8.110
201609 6.362 101.765 8.076
201612 6.585 101.449 8.385
201703 0.000 102.634 0.000
201706 6.305 103.029 7.905
201709 6.548 103.345 8.185
201712 6.319 103.345 7.899
201803 5.906 105.004 7.266
201806 6.142 105.557 7.517
201809 6.238 105.636 7.628
201812 5.605 105.399 6.870
201903 5.647 106.979 6.819
201906 5.844 107.690 7.010
201909 6.051 107.611 7.264
201912 5.985 107.769 7.174
202003 5.632 107.927 6.741
202006 5.930 108.401 7.067
202009 5.930 108.164 7.082
202012 5.940 108.559 7.068
202103 6.190 110.298 7.250
202106 6.328 111.720 7.317
202109 6.287 112.905 7.193
202112 6.500 113.774 7.380
202203 6.773 117.646 7.437
202206 7.184 120.806 7.682
202209 7.561 120.648 8.096
202212 7.277 120.964 7.771
202303 7.122 122.702 7.498
202306 7.411 124.203 7.708
202309 7.559 125.230 7.797
202312 7.566 125.072 7.815
202403 7.577 126.258 7.752
202406 7.675 127.522 7.775
202409 7.699 127.285 7.814
202412 7.775 127.364 7.886
202503 7.458 129.181 7.458

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


Mullen Group  (FRA:9MU) 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.

Mullen Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.70/7.11
=1.22

* 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 Mullen Group was 1.64. The lowest was 0.40. And the median was 1.26.


Be Aware

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


Mullen Group Cyclically Adjusted Book per Share Related Terms

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


Mullen Group Business Description

Industry
Traded in Other Exchanges
Address
121A 31 Southridge Drive, Okotoks, AB, CAN, T1S 2N3
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings including less-than-truckload, truckload, Specialized & Industrial Services warehousing and logistics, U.S. and International Logistics, and Corporate. The segments of the company are Less-Than-Truckload, Logistics and Warehousing, Specialized and Industrial Services, U.S. and International Logistics, and Corporate segment. The company derives the majority of its revenue from the Less-Than-Truckload segment and geographical revenue from Canada. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.

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