MLCI (Mount Logan Capital) Cyclically Adjusted Book per Share: $4.51 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MLCI Mount Logan Capital Inc MLCI
61 GF Score
Price $3.06
GF Value $1.09
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Mount Logan Capital Cyclically Adjusted Book per Share?

Mount Logan Capital MLCI +0.65% 61 Cyclically Adjusted Book per Share is $4.51 as of Jun. 2026. GuruFocus rates MLCI with a GF Score™ of 61/100 and a GF Value™ of $1.09 (Significantly Overvalued). The stock has 8 warning signs 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.

Mount Logan Capital's adjusted book value per share for the three months ended in Jun. 2026 was $5.430. 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 $4.51 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Mount Logan Capital's average Cyclically Adjusted Book Growth Rate was -0.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -33.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -26.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -13.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Mount Logan Capital was 24.10% per year. The lowest was -33.30% per year. And the median was -5.00% per year.

As of today (2026-08-19), Mount Logan Capital's current stock price is $3.06. Mount Logan Capital's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $4.51. Mount Logan Capital's Cyclically Adjusted PB Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mount Logan Capital was 1.90. The lowest was 0.06. And the median was 0.15.


Mount Logan Capital  (NAS:MLCI) 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.

Mount Logan Capital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.06/4.51
=0.68

* 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 Mount Logan Capital was 1.90. The lowest was 0.06. And the median was 0.15.


Be Aware

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


Mount Logan Capital Cyclically Adjusted Book per Share Related Terms


Mount Logan Capital Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mount Logan Capital'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.

Mount Logan Capital Cyclically Adjusted Book per Share Chart

Mount Logan Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.11 14.99 10.47 6.28 4.45

Mount Logan Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.55 4.44 4.45 4.51 4.51

MLCI vs CXH, RMCO, BXLC: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, Mount Logan Capital'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.


Mount Logan Capital Cyclically Adjusted PB Ratio vs Asset Management Industry

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

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


MLCI
61GF Score
Mount Logan Capital Inc MLCI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mount Logan Capital 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, Mount Logan Capital's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.43/333.9520*333.9520
=5.430

Current CPI (Jun. 2026) = 333.9520.

Mount Logan Capital Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.489 241.428 7.593
201612 5.427 241.432 7.507
201703 5.469 243.801 7.491
201706 5.496 244.955 7.493
201709 5.776 246.819 7.815
201712 5.743 246.524 7.780
201803 5.540 249.554 7.414
201806 5.281 251.989 6.999
201809 5.256 252.439 6.953
201812 3.057 251.233 4.064
201903 3.149 254.202 4.137
201906 3.179 256.143 4.145
201909 3.216 256.759 4.183
201912 3.226 256.974 4.192
202003 2.995 258.115 3.875
202006 2.980 257.797 3.860
202009 3.085 260.280 3.958
202012 2.545 260.474 3.263
202103 2.545 264.877 3.209
202106 2.512 271.696 3.088
202109 2.507 274.310 3.052
202112 0.690 278.802 0.826
202203 3.090 287.504 3.589
202206 3.476 296.311 3.918
202209 4.343 296.808 4.887
202212 2.806 296.797 3.157
202303 0.966 301.836 1.069
202306 1.431 305.109 1.566
202309 2.121 307.789 2.301
202312 2.019 306.746 2.198
202403 2.518 312.332 2.692
202406 2.642 314.175 2.808
202409 1.974 315.301 2.091
202412 4.019 315.605 4.253
202503 1.706 319.799 1.782
202506 1.598 322.561 1.654
202509 10.264 324.800 10.553
202512 7.113 324.054 7.330
202603 6.027 330.213 6.095
202606 5.430 333.952 5.430

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 $4.51 mean?
Mount Logan Capital (MLCI) has a Cyclically Adjusted Book per Share of $4.51 as of Jun. 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 Mount Logan Capital and its competitors.
Is Mount Logan Capital's Cyclically Adjusted Book per Share too high?
Mount Logan Capital's current Cyclically Adjusted Book per Share is $4.51. Overall, Mount Logan Capital has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mount Logan Capital's Cyclically Adjusted Book per Share compare to CXH and RMCO?
Mount Logan Capital's Cyclically Adjusted Book per Share of $4.51 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 Mount Logan Capital and its competitors. Mount Logan Capital's current Cyclically Adjusted Book per Share is $4.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mount Logan Capital stock overvalued right now?
Based on GuruFocus' analysis, Mount Logan Capital (MLCI) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.09, compared to a current price of $3.06 — trading 180.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is $4.51. Mount Logan Capital's overall GF Score™ is 61/100 with 8 warning signs 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 Mount Logan Capital (MLCI), the current Cyclically Adjusted Book per Share is $4.51 as of Jun. 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 Mount Logan Capital (MLCI) Overvalued in 2026?

Based on GuruFocus' analysis, Mount Logan Capital stock appears to be overvalued. The current stock price of $3.06 is trading 180.7% above its estimated GF Value™ of $1.09. GuruFocus considers Mount Logan Capital to be Significantly Overvalued.

Key valuation signals for MLCI:

  • Cyclically Adjusted Book per Share: $4.51
  • GF Value™: $1.09 vs. price of $3.06 (180.7% above fair value)
  • GF Score™: 61/100 with 8 warning signs

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


Mount Logan Capital Business Description

Address 650 Madison Avenue, 3rd Floor, New York, NY, USA, 10022
Mount Logan Capital Inc operates as emerging asset management and investment firm focused on investing in public and private debt securities in the North American market. The company's reporting segments include asset management and insurance. The company through its subsidiaries, earns management and incentive fees and servicing fees for providing investment management, monitoring and other services to investment vehicles and advisers. The Asset Management segment comprises all fee generating activities. The Insurance Solutions segment, which derives maximum revenue, consists of two product lines within the insurance business, LTC and MYGA.
61GF Score

Get the complete analysis for MLCI

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

$3.06
Price
$1.09
GF Value