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Mauritius Chemical & Fertilizer Industry (XMAU:MCFI) Cyclically Adjusted Book per Share : MUR32.20 (As of Dec. 2023)


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What is Mauritius Chemical & Fertilizer Industry 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.

Mauritius Chemical & Fertilizer Industry's adjusted book value per share for the three months ended in Dec. 2023 was MUR19.809. 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 MUR32.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mauritius Chemical & Fertilizer Industry's average Cyclically Adjusted Book Growth Rate was -2.80% 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 (2024-05-15), Mauritius Chemical & Fertilizer Industry's current stock price is MUR8.00. Mauritius Chemical & Fertilizer Industry's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was MUR32.20. Mauritius Chemical & Fertilizer Industry's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mauritius Chemical & Fertilizer Industry was 0.30. The lowest was 0.19. And the median was 0.24.


Mauritius Chemical & Fertilizer Industry Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mauritius Chemical & Fertilizer Industry'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.

Mauritius Chemical & Fertilizer Industry Cyclically Adjusted Book per Share Chart

Mauritius Chemical & Fertilizer Industry 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 - - - 33.12 32.20

Mauritius Chemical & Fertilizer Industry Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 33.12 32.98 33.02 32.99 32.20

Competitive Comparison of Mauritius Chemical & Fertilizer Industry's Cyclically Adjusted Book per Share

For the Agricultural Inputs subindustry, Mauritius Chemical & Fertilizer Industry'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.


Mauritius Chemical & Fertilizer Industry's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Mauritius Chemical & Fertilizer Industry's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mauritius Chemical & Fertilizer Industry's Cyclically Adjusted PB Ratio falls into.



Mauritius Chemical & Fertilizer Industry 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, Mauritius Chemical & Fertilizer Industry's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=19.809/129.4194*129.4194
=19.809

Current CPI (Dec. 2023) = 129.4194.

Mauritius Chemical & Fertilizer Industry Quarterly Data

Book Value per Share CPI Adj_Book
201403 34.236 99.695 44.444
201406 34.424 100.560 44.303
201409 0.000 100.428 0.000
201412 34.539 99.070 45.120
201503 34.393 99.621 44.681
201506 0.000 100.684 0.000
201509 32.245 100.392 41.569
201512 32.559 99.792 42.225
201603 33.059 100.470 42.584
201606 31.918 101.688 40.622
201609 32.560 101.861 41.369
201612 36.801 101.863 46.757
201703 36.926 102.862 46.460
201706 36.824 103.349 46.113
201709 36.613 104.136 45.503
201712 36.035 104.011 44.838
201803 36.147 105.290 44.431
201806 35.136 106.317 42.771
201809 34.837 106.507 42.331
201812 34.208 105.998 41.767
201903 32.633 107.251 39.378
201906 27.517 108.070 32.953
201909 26.535 108.329 31.701
201912 21.582 108.420 25.762
202003 20.698 108.902 24.598
202006 20.044 108.767 23.850
202009 15.237 109.815 17.957
202012 16.023 109.897 18.869
202103 15.540 111.754 17.996
202106 13.767 114.631 15.543
202109 13.980 115.734 15.633
202112 15.448 117.630 16.996
202203 15.326 121.301 16.352
202206 15.227 125.017 15.763
202209 15.740 125.227 16.267
202212 21.574 125.222 22.297
202303 20.978 127.348 21.319
202306 21.498 128.729 21.613
202309 21.246 129.860 21.174
202312 19.809 129.419 19.809

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


Mauritius Chemical & Fertilizer Industry  (XMAU:MCFI) 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.

Mauritius Chemical & Fertilizer Industry's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.00/32.2
=0.25

* 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 Mauritius Chemical & Fertilizer Industry was 0.30. The lowest was 0.19. And the median was 0.24.


Be Aware

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


Mauritius Chemical & Fertilizer Industry Cyclically Adjusted Book per Share Related Terms

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


Mauritius Chemical & Fertilizer Industry (XMAU:MCFI) Business Description

Traded in Other Exchanges
N/A
Address
18, Edith Cavell Street, Chaussee Tromelin, Fort George, Port Louis, MUS
Mauritius Chemical & Fertilizer Industry Ltd is engaged in the manufacturing of (NPK) complex, blending, and trading of fertilizers. The company operates through three business segments namely Fertilizers, Trading, and Contracting. The company generates the majority of its revenue from the trading segment. The company geographically operates its business in Mauritius, Reunion, Madagascar, and Africa. The company generates the majority of its revenue from Mauritius geographically.

Mauritius Chemical & Fertilizer Industry (XMAU:MCFI) Headlines

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