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MLP SE (MLP SE) Cyclically Adjusted Book per Share : $4.48 (As of Mar. 2024)


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What is MLP 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.

MLP SE's adjusted book value per share for the three months ended in Mar. 2024 was $5.612. 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 $4.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MLP SE's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% 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 MLP SE was 6.50% per year. The lowest was 1.60% per year. And the median was 4.30% per year.

As of today (2024-05-17), MLP SE's current stock price is $5.43. MLP SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.48. MLP SE's Cyclically Adjusted PB Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MLP SE was 2.22. The lowest was 0.98. And the median was 1.31.


MLP SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for MLP 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.

MLP SE Cyclically Adjusted Book per Share Chart

MLP 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 - 7.00 4.62 4.58 4.48

MLP SE 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 4.97 4.30 5.15 4.48 4.48

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

For the Asset Management subindustry, MLP 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.


MLP SE's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

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



MLP 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, MLP 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)
=5.612/125.0381*125.0381
=5.612

Current CPI (Mar. 2024) = 125.0381.

MLP SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.525 99.543 5.684
201409 4.319 99.823 5.410
201412 4.307 99.543 5.410
201503 3.798 99.717 4.762
201506 3.796 100.417 4.727
201509 3.787 100.417 4.716
201512 3.843 99.717 4.819
201603 3.951 100.017 4.939
201606 3.824 100.717 4.747
201609 3.838 101.017 4.751
201612 3.701 101.217 4.572
201703 3.847 101.417 4.743
201706 3.986 102.117 4.881
201709 4.213 102.717 5.129
201712 4.383 102.617 5.341
201803 4.761 102.917 5.784
201806 4.274 104.017 5.138
201809 4.359 104.718 5.205
201812 4.427 104.217 5.311
201903 4.442 104.217 5.329
201906 4.199 105.718 4.966
201909 4.114 106.018 4.852
201912 4.452 105.818 5.261
202003 4.477 105.718 5.295
202006 4.362 106.618 5.116
202009 4.627 105.818 5.467
202012 5.070 105.518 6.008
202103 5.129 107.518 5.965
202106 4.966 108.486 5.724
202109 4.967 109.435 5.675
202112 5.119 110.384 5.799
202203 5.260 113.968 5.771
202206 4.857 115.760 5.246
202209 4.618 118.818 4.860
202212 5.112 119.345 5.356
202303 5.364 122.402 5.480
202306 5.457 123.140 5.541
202309 5.134 124.195 5.169
202312 5.371 123.773 5.426
202403 5.612 125.038 5.612

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


MLP SE  (OTCPK:MLPKF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.43/4.48
=1.21

* 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 MLP SE was 2.22. The lowest was 0.98. And the median was 1.31.


Be Aware

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


MLP SE Cyclically Adjusted Book per Share Related Terms

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


MLP SE (MLP SE) Business Description

Industry
Traded in Other Exchanges
Address
Alte Heerstrasse 40, Wiesloch, BW, DEU, D-69168
MLP SE is a Germany-based holding company which provides consultation that covers all economic and financial aspects for private and corporate clients, as well as institutional investors such as old-age provision, wealth management, health insurance, non-life insurance, loans, banking, among others. The company has seven business segments namely, Financial consulting; Banking; FERI; DOMCURA; Industrial Broker; Deutschland.Immobilien and Holding.

MLP SE (MLP SE) Headlines

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