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Malibu Boats (FRA:M05) Cyclically Adjusted Book per Share : €11.83 (As of Mar. 2024)


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What is Malibu Boats 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.

Malibu Boats's adjusted book value per share for the three months ended in Mar. 2024 was €25.080. 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 €11.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Malibu Boats's average Cyclically Adjusted Book Growth Rate was 35.30% 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.

As of today (2024-06-05), Malibu Boats's current stock price is €35.62. Malibu Boats's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.83. Malibu Boats's Cyclically Adjusted PB Ratio of today is 3.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Malibu Boats was 10.60. The lowest was 2.51. And the median was 5.97.


Malibu Boats Cyclically Adjusted Book per Share Historical Data

The historical data trend for Malibu Boats'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.

Malibu Boats Cyclically Adjusted Book per Share Chart

Malibu Boats Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 7.60 9.50

Malibu Boats Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.33 9.50 10.57 10.95 11.83

Competitive Comparison of Malibu Boats's Cyclically Adjusted Book per Share

For the Recreational Vehicles subindustry, Malibu Boats'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.


Malibu Boats's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Malibu Boats's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Malibu Boats 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, Malibu Boats's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=25.08/131.7762*131.7762
=25.080

Current CPI (Mar. 2024) = 131.7762.

Malibu Boats Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.282 100.560 1.680
201409 1.242 100.428 1.630
201412 1.566 99.070 2.083
201503 2.014 99.621 2.664
201506 -0.130 100.684 -0.170
201509 -0.624 100.392 -0.819
201512 -0.290 99.792 -0.383
201603 0.025 100.470 0.033
201606 0.772 101.688 1.000
201609 0.912 101.861 1.180
201612 1.368 101.863 1.770
201703 2.036 102.862 2.608
201706 2.347 103.349 2.993
201709 4.600 104.136 5.821
201712 4.355 104.011 5.518
201803 4.815 105.290 6.026
201806 5.596 106.317 6.936
201809 6.088 106.507 7.532
201812 6.840 105.998 8.503
201903 7.821 107.251 9.609
201906 8.668 108.070 10.569
201909 9.191 108.329 11.180
201912 9.855 108.420 11.978
202003 10.800 108.902 13.069
202006 10.976 108.767 13.298
202009 11.430 109.815 13.716
202012 11.959 109.897 14.340
202103 13.637 111.754 16.080
202106 14.868 114.631 17.092
202109 16.328 115.734 18.591
202112 18.086 117.630 20.261
202203 20.257 121.301 22.006
202206 23.218 125.017 24.473
202209 26.289 125.227 27.664
202212 26.137 125.222 27.505
202303 28.258 127.348 29.241
202306 27.232 128.729 27.877
202309 28.437 129.860 28.857
202312 28.014 129.419 28.524
202403 25.080 131.776 25.080

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


Malibu Boats  (FRA:M05) 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.

Malibu Boats's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.62/11.83
=3.01

* 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 Malibu Boats was 10.60. The lowest was 2.51. And the median was 5.97.


Be Aware

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


Malibu Boats Cyclically Adjusted Book per Share Related Terms

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


Malibu Boats (FRA:M05) Business Description

Industry
Traded in Other Exchanges
Address
5075 Kimberly Way, Loudon, TN, USA, 37774
Malibu Boats is a leading designer and manufacturer of power boats in the United States. It is the market leader in performance sport boats, sold under its Malibu and Axis brands. It acquired Cobalt Boats, a leading producer of sterndrive boats in the U.S. in the 24-foot to 29-foot segment, and Pursuit Boats, which makes high-end offshore and outboard motorboats in 2018. In 2021, it purchased Maverick Boat Group, a leading seller of flat fishing boats, with exposure to bay, dual-console, and center-console boats. Malibu has also expanded into boat trailers and accessories, and in 2020 began producing its own engines (Monsoon) for its performance sport boats and now for Cobalt. Malibu's target market includes a wide range of water enthusiasts who embrace the active outdoor lifestyle.

Malibu Boats (FRA:M05) Headlines

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