MLP (Maui Land & Pineapple Co) Cyclically Adjusted Book per Share: $1.73 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

MLP Maui Land & Pineapple Co Inc MLP
58 GF Score
Price $16.11
GF Value $23.52
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Maui Land & Pineapple Co Cyclically Adjusted Book per Share?

Maui Land & Pineapple Co MLP +0.81% 58 Cyclically Adjusted Book per Share is $1.73 as of Jun. 2026. GuruFocus rates MLP with a GF Score™ of 58/100 and a GF Value™ of $23.52 (Significantly Undervalued). The stock has 4 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.

Maui Land & Pineapple Co's adjusted book value per share for the three months ended in Jun. 2026 was $1.563. 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 $1.73 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Maui Land & Pineapple Co's average Cyclically Adjusted Book Growth Rate was 18.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 46.10% 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 Maui Land & Pineapple Co was 110.70% per year. The lowest was -36.50% per year. And the median was -12.20% per year.

As of today (2026-08-19), Maui Land & Pineapple Co's current stock price is $16.11. Maui Land & Pineapple Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $1.73. Maui Land & Pineapple Co's Cyclically Adjusted PB Ratio of today is 9.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Maui Land & Pineapple Co was 1109.00. The lowest was 2.90. And the median was 18.73.


Maui Land & Pineapple Co  (NYSE:MLP) 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.

Maui Land & Pineapple Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.11/1.73
=9.31

* 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 Maui Land & Pineapple Co was 1109.00. The lowest was 2.90. And the median was 18.73.


Be Aware

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


Maui Land & Pineapple Co Cyclically Adjusted Book per Share Related Terms


Maui Land & Pineapple Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Maui Land & Pineapple Co'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.

Maui Land & Pineapple Co Cyclically Adjusted Book per Share Chart

Maui Land & Pineapple Co 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 0.14 0.51 0.94 1.31 1.59

Maui Land & Pineapple Co 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 1.46 1.53 1.59 1.68 1.73

MLP vs RMR, SEG, TCI: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Maui Land & Pineapple Co'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.


Maui Land & Pineapple Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Maui Land & Pineapple Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Maui Land & Pineapple Co's Cyclically Adjusted PB Ratio falls into.


MLP
58GF Score
Maui Land & Pineapple Co Inc MLP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maui Land & Pineapple Co 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, Maui Land & Pineapple Co'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)
=1.563/333.9520*333.9520
=1.563

Current CPI (Jun. 2026) = 333.9520.

Maui Land & Pineapple Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.282 241.428 0.390
201612 0.936 241.432 1.295
201703 1.256 243.801 1.720
201706 1.623 244.955 2.213
201709 1.609 246.819 2.177
201712 1.636 246.524 2.216
201803 1.620 249.554 2.168
201806 1.603 251.989 2.124
201809 1.530 252.439 2.024
201812 1.617 251.233 2.149
201903 1.609 254.202 2.114
201906 1.616 256.143 2.107
201909 1.632 256.759 2.123
201912 1.180 256.974 1.533
202003 1.159 258.115 1.500
202006 1.167 257.797 1.512
202009 1.151 260.280 1.477
202012 1.039 260.474 1.332
202103 1.025 264.877 1.292
202106 1.140 271.696 1.401
202109 1.151 274.310 1.401
202112 1.217 278.802 1.458
202203 1.216 287.504 1.412
202206 1.772 296.311 1.997
202209 1.781 296.808 2.004
202212 1.734 296.797 1.951
202303 1.706 301.836 1.888
202306 1.682 305.109 1.841
202309 1.655 307.789 1.796
202312 1.769 306.746 1.926
202403 1.759 312.332 1.881
202406 1.741 314.175 1.851
202409 1.729 315.301 1.831
202412 1.687 315.605 1.785
202503 1.355 319.799 1.415
202506 1.333 322.561 1.380
202509 1.708 324.800 1.756
202512 1.674 324.054 1.725
202603 1.619 330.213 1.637
202606 1.563 333.952 1.563

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 $1.73 mean?
Maui Land & Pineapple Co (MLP) has a Cyclically Adjusted Book per Share of $1.73 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 Maui Land & Pineapple Co and its competitors.
Is Maui Land & Pineapple Co's Cyclically Adjusted Book per Share too high?
Maui Land & Pineapple Co's current Cyclically Adjusted Book per Share is $1.73. Overall, Maui Land & Pineapple Co has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maui Land & Pineapple Co's Cyclically Adjusted Book per Share compare to RMR and SEG?
Maui Land & Pineapple Co's Cyclically Adjusted Book per Share of $1.73 can be compared against companies in the Real Estate 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 a Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Maui Land & Pineapple Co and its competitors. Maui Land & Pineapple Co's current Cyclically Adjusted Book per Share is $1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maui Land & Pineapple Co stock overvalued right now?
Based on GuruFocus' analysis, Maui Land & Pineapple Co (MLP) is currently considered Significantly Undervalued. The stock's GF Value™ is $23.52, compared to a current price of $16.11 — trading 31.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is $1.73. Maui Land & Pineapple Co's overall GF Score™ is 58/100 with 4 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 Maui Land & Pineapple Co (MLP), the current Cyclically Adjusted Book per Share is $1.73 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 Maui Land & Pineapple Co (MLP) Overvalued in 2026?

Based on GuruFocus' analysis, Maui Land & Pineapple Co stock appears to be undervalued. The current stock price of $16.11 is trading 31.5% below its estimated GF Value™ of $23.52. GuruFocus considers Maui Land & Pineapple Co to be Significantly Undervalued.

Key valuation signals for MLP:

  • Cyclically Adjusted Book per Share: $1.73
  • GF Value™: $23.52 vs. price of $16.11 (31.5% below fair value)
  • GF Score™: 58/100 with 4 warning signs

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


Maui Land & Pineapple Co Business Description

Address 500 Office Road, Lahaina, Maui, HI, USA, 96761
Maui Land & Pineapple Co Inc is a landholding and operating parent company that owns land and commercial property on the island of Maui, Hawaii. The Company puts its assets into productive use by planning, managing, developing, and selling residential, resort, commercial, agricultural, and industrial real estate. Its segments include land development and sales, which cover land planning, entitlement, development, construction, and sales of land assets; leasing, which generates revenue from real property leasing, license fees and royalties, and includes maintenance of real estate assets, conservation activities, and management of water systems in West and Upcountry Maui; and resort amenities, which include a membership program offering benefits within the Kapalua Resort.
58GF Score

Get the complete analysis for MLP

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

$16.11
Price
$23.52
GF Value