MGLD (The Marygold) Cyclically Adjusted Book per Share: $0.80 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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MGLD The Marygold Companies Inc MGLD
70 GF Score
Price $1.15
GF Value $1.02
Valuation Modestly Overvalued
! 1 Warning Sign
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What is The Marygold Cyclically Adjusted Book per Share?

The Marygold MGLD +2.68% 70 Cyclically Adjusted Book per Share is $0.80 as of Mar. 2026. GuruFocus rates MGLD with a GF Score™ of 70/100 and a GF Value™ of $1.02 (Modestly Overvalued). The stock has 1 warning sign investors should review.

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.

The Marygold's adjusted book value per share for the three months ended in Mar. 2026 was $0.531. 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 $0.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, The Marygold's average Cyclically Adjusted Book Growth Rate was -4.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 46.00% 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 The Marygold was 75.60% per year. The lowest was 17.10% per year. And the median was 38.60% per year.

As of today (2026-07-24), The Marygold's current stock price is $1.15. The Marygold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.80. The Marygold's Cyclically Adjusted PB Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Marygold was 100.00. The lowest was 0.91. And the median was 2.47.


The Marygold  (AMEX:MGLD) 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.

The Marygold's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.15/0.80
=1.44

* 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 The Marygold was 100.00. The lowest was 0.91. And the median was 2.47.


Be Aware

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


The Marygold Cyclically Adjusted Book per Share Related Terms


The Marygold Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for The Marygold'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.

The Marygold Cyclically Adjusted Book per Share Chart

The Marygold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.49 0.65 0.84 0.83

The Marygold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.84 0.83 0.82 0.80 0.80

MGLD vs TGE, BENF, FMY: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, The Marygold'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.


The Marygold Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, The Marygold's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MGLD
70GF Score
The Marygold Companies Inc MGLD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Marygold 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, The Marygold's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.531/330.2130*330.2130
=0.531

Current CPI (Mar. 2026) = 330.2130.

The Marygold Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.472 241.018 4.757
201609 0.797 241.428 1.090
201612 0.409 241.432 0.559
201703 0.447 243.801 0.605
201706 0.447 244.955 0.603
201709 0.476 246.819 0.637
201712 0.541 246.524 0.725
201803 0.548 249.554 0.725
201806 0.574 251.989 0.752
201809 0.584 252.439 0.764
201812 0.584 251.233 0.768
201903 0.467 254.202 0.607
201906 0.462 256.143 0.596
201909 0.463 256.759 0.595
201912 0.467 256.974 0.600
202003 0.459 258.115 0.587
202006 0.512 257.797 0.656
202009 0.573 260.280 0.727
202012 0.617 260.474 0.782
202103 0.658 264.877 0.820
202106 0.675 271.696 0.820
202109 0.622 274.310 0.749
202112 0.649 278.802 0.769
202203 0.700 287.504 0.804
202206 0.719 296.311 0.801
202209 0.724 296.808 0.805
202212 0.737 296.797 0.820
202303 0.741 301.836 0.811
202306 0.752 305.109 0.814
202309 0.740 307.789 0.794
202312 0.719 306.746 0.774
202403 0.703 312.332 0.743
202406 0.648 314.175 0.681
202409 0.618 315.301 0.647
202412 0.567 315.605 0.593
202503 0.563 319.799 0.581
202506 0.534 322.561 0.547
202509 0.532 324.800 0.541
202512 0.527 324.054 0.537
202603 0.531 330.213 0.531

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

What does a Cyclically Adjusted Book per Share of $0.80 mean?
The Marygold (MGLD) has a Cyclically Adjusted Book per Share of $0.80 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on The Marygold and its competitors.
Is The Marygold's Cyclically Adjusted Book per Share too high?
The Marygold's current Cyclically Adjusted Book per Share is $0.80. Overall, The Marygold has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Marygold's Cyclically Adjusted Book per Share compare to TGE and BENF?
The Marygold's Cyclically Adjusted Book per Share of $0.80 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Asset Management company?
A good Cyclically Adjusted Book per Share depends on the Asset Management industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on The Marygold and its competitors. The Marygold's current Cyclically Adjusted Book per Share is $0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Marygold stock overvalued right now?
Based on GuruFocus' analysis, The Marygold (MGLD) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.02, compared to a current price of $1.15 — trading 12.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is $0.80. The Marygold's overall GF Score™ is 70/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For The Marygold (MGLD), the current Cyclically Adjusted Book per Share is $0.80 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Marygold (MGLD) Overvalued in 2026?

Based on GuruFocus' analysis, The Marygold stock appears to be overvalued. The current stock price of $1.15 is trading 12.7% above its estimated GF Value™ of $1.02. GuruFocus considers The Marygold to be Modestly Overvalued.

Key valuation signals for MGLD:

  • Cyclically Adjusted Book per Share: $0.80
  • GF Value™: $1.02 vs. price of $1.15 (12.7% above fair value)
  • GF Score™: 70/100 with 1 warning sign

No single metric tells the full story. See the MGLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Marygold Business Description

Address 120 Calle Iglesia, Unit B, San Clemente, CA, USA, 92672
The Marygold Companies Inc is an international holding company focused on acquiring and growing profitable businesses. Its main segments include U.S. Fund Management through USCF Investments, Food Products via Gourmet Foods and Printstock Products in New Zealand, Beauty Products under the Original Sprout brand, and formerly Security Systems through Brigadier, sold in 2025. The majority of revenue comes from fund management. The company operates in the USA, New Zealand, the United Kingdom, and Canada, with the majority of revenue generated from the USA. Its business approach focuses on strengthening financial services, expanding fintech, and managing a diverse portfolio for growth.
70GF Score

Get the complete analysis for MGLD

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.15
Price
$1.02
GF Value