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MHP SE (FRA:MPQ) Cyclically Adjusted Book per Share : €10.66 (As of Mar. 2024)


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What is MHP SE 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.

MHP SE's adjusted book value per share for the three months ended in Mar. 2024 was €13.107. 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 €10.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MHP SE's average Cyclically Adjusted Book Growth Rate was 4.70% 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.

As of today (2024-06-16), MHP SE's current stock price is €2.74. MHP SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.66. MHP SE's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MHP SE was 0.77. The lowest was 0.25. And the median was 0.32.


MHP SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for MHP SE'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.

MHP SE Cyclically Adjusted Book per Share Chart

MHP SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 9.07 10.51 9.67

MHP SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 10.51 11.06 10.22 9.67 10.66

Competitive Comparison of MHP SE's Cyclically Adjusted Book per Share

For the Farm Products subindustry, MHP SE'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.


MHP SE's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, MHP SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MHP SE 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, MHP SE'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)
=13.107/131.7762*131.7762
=13.107

Current CPI (Mar. 2024) = 131.7762.

MHP SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.108 99.695 5.430
201406 4.194 100.560 5.496
201409 3.741 100.428 4.909
201412 6.788 99.070 9.029
201503 3.681 99.621 4.869
201506 5.682 100.684 7.437
201509 5.704 100.392 7.487
201512 5.570 99.792 7.355
201603 4.906 100.470 6.435
201606 6.544 101.688 8.480
201609 6.214 101.861 8.039
201612 6.005 101.863 7.768
201703 5.733 102.862 7.345
201706 6.924 103.349 8.829
201709 6.772 104.136 8.569
201712 7.665 104.011 9.711
201803 7.931 105.290 9.926
201806 9.314 106.317 11.544
201809 8.231 106.507 10.184
201812 8.881 105.998 11.041
201903 8.672 107.251 10.655
201906 10.112 108.070 12.330
201909 13.687 108.329 16.649
201912 13.304 108.420 16.170
202003 10.195 108.902 12.336
202006 11.088 108.767 13.434
202009 9.792 109.815 11.750
202012 9.506 109.897 11.399
202103 9.664 111.754 11.395
202106 11.290 114.631 12.979
202109 12.792 115.734 14.565
202112 14.588 117.630 16.342
202203 13.161 121.301 14.298
202206 13.116 125.017 13.825
202209 10.096 125.227 10.624
202212 12.594 125.222 13.253
202303 12.979 127.348 13.430
202306 13.019 128.729 13.327
202312 13.339 129.419 13.582
202403 13.107 131.776 13.107

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


MHP SE  (FRA:MPQ) 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.

MHP SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.74/10.66
=0.26

* 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 MHP SE was 0.77. The lowest was 0.25. And the median was 0.32.


Be Aware

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


MHP SE Cyclically Adjusted Book per Share Related Terms

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


MHP SE (FRA:MPQ) Business Description

Industry
Traded in Other Exchanges
Address
3-7 Archbishop Makarios III Avenue, EB 1, Nicolaides Sea View City Block AB, Larnaca, CYP, 6017
MHP SE is a Ukraine-based company engaged in the poultry farming business. The company operates in four segments: Poultry & Related Operations, Grain Growing Operations, Meat-Processing & Other Agricultural Operations, and the European Operating Segment. The poultry and related operations integrate all functions related to the production & sale of chicken products, vegetable oil, and mixed fodder. The grain-growing segment comprises the production and sale of grains such as corn, sunflower, soybean, and others. The Meat segment produces and sells sausage & cooked meat, convenience foods, and goods manufactured from cattle and dairy operations. The company generates the majority of its revenue from the poultry and related operations segment.

MHP SE (FRA:MPQ) Headlines

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