The Mauritius Development Investment Trust Co (XMAU:MDIT) Cyclically Adjusted Book per Share: MUR4.11 (As of Dec. 2025)

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XMAU:MDIT The Mauritius Development Investment Trust Co Ltd XMAU:MDIT
93 GF Score
Price MUR2.05
GF Value MUR2.95
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is The Mauritius Development Investment Trust Co Cyclically Adjusted Book per Share?

The Mauritius Development Investment Trust Co XMAU:MDIT 93 Cyclically Adjusted Book per Share is MUR4.11 as of Dec. 2025. GuruFocus rates XMAU:MDIT with a GF Score™ of 93/100 and a GF Value™ of MUR2.95 (Possible Value Trap). The stock has 7 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.

The Mauritius Development Investment Trust Co's adjusted book value per share for the three months ended in Dec. 2025 was MUR3.898. 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 MUR4.11 for the trailing ten years ended in Dec. 2025.

During the past 12 months, The Mauritius Development Investment Trust Co's average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.20% 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 Mauritius Development Investment Trust Co was -1.20% per year. The lowest was -1.20% per year. And the median was -1.20% per year.

As of today (2026-07-21), The Mauritius Development Investment Trust Co's current stock price is MUR2.05. The Mauritius Development Investment Trust Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was MUR4.11. The Mauritius Development Investment Trust Co's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Mauritius Development Investment Trust Co was 0.72. The lowest was 0.38. And the median was 0.47.


The Mauritius Development Investment Trust Co  (XMAU:MDIT) 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 Mauritius Development Investment Trust Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.05/4.11
=0.50

* 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 Mauritius Development Investment Trust Co was 0.72. The lowest was 0.38. And the median was 0.47.


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 Mauritius Development Investment Trust Co Cyclically Adjusted Book per Share Related Terms


The Mauritius Development Investment Trust Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for The Mauritius Development Investment Trust 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.

The Mauritius Development Investment Trust Co Cyclically Adjusted Book per Share Chart

The Mauritius Development Investment Trust Co 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 0.00 4.29 4.23 4.20 4.14

The Mauritius Development Investment Trust Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 4.13 4.14 4.14 4.14 4.11

XMAU:MDIT vs BLK, BX, KKR: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, The Mauritius Development Investment Trust 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.


The Mauritius Development Investment Trust Co Cyclically Adjusted PB Ratio vs Asset Management Industry

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

* The bar in red indicates where The Mauritius Development Investment Trust Co's Cyclically Adjusted PB Ratio falls into.


XMAU:MDIT
93GF Score
The Mauritius Development Investment Trust Co Ltd XMAU:MDIT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Mauritius Development Investment Trust 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, The Mauritius Development Investment Trust Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=3.898/324.0540*324.0540
=3.898

Current CPI (Dec. 2025) = 324.0540.

The Mauritius Development Investment Trust Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 3.555 238.132 4.838
201606 3.353 241.018 4.508
201609 3.481 241.428 4.672
201612 3.282 241.432 4.405
201703 3.527 243.801 4.688
201706 3.666 244.955 4.850
201709 3.800 246.819 4.989
201712 3.743 246.524 4.920
201803 3.772 249.554 4.898
201806 3.474 251.989 4.468
201809 4.285 252.439 5.501
201812 4.175 251.233 5.385
201903 4.053 254.202 5.167
201906 3.576 256.143 4.524
201909 3.446 256.759 4.349
201912 3.497 256.974 4.410
202003 2.676 258.115 3.360
202006 2.729 257.797 3.430
202009 2.511 260.280 3.126
202012 2.812 260.474 3.498
202103 2.824 264.877 3.455
202106 3.308 271.696 3.945
202109 3.347 274.310 3.954
202112 3.602 278.802 4.187
202203 3.646 287.504 4.110
202206 3.483 296.311 3.809
202209 3.273 296.808 3.573
202212 3.225 296.797 3.521
202303 3.105 301.836 3.334
202306 3.049 305.109 3.238
202309 3.335 307.789 3.511
202312 3.205 306.746 3.386
202403 3.358 312.332 3.484
202406 3.380 314.175 3.486
202409 3.585 315.301 3.685
202412 3.711 315.605 3.810
202503 3.765 319.799 3.815
202506 3.868 322.561 3.886
202509 4.187 324.800 4.177
202512 3.898 324.054 3.898

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 MUR4.11 mean?
The Mauritius Development Investment Trust Co (XMAU:MDIT) has a Cyclically Adjusted Book per Share of MUR4.11 as of Dec. 2025. 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 Mauritius Development Investment Trust Co and its competitors.
Is The Mauritius Development Investment Trust Co's Cyclically Adjusted Book per Share too high?
The Mauritius Development Investment Trust Co's current Cyclically Adjusted Book per Share is MUR4.11. Overall, The Mauritius Development Investment Trust Co has a GF Score™ of 93/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Mauritius Development Investment Trust Co's Cyclically Adjusted Book per Share compare to BLK and BX?
The Mauritius Development Investment Trust Co's Cyclically Adjusted Book per Share of MUR4.11 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 Mauritius Development Investment Trust Co and its competitors. The Mauritius Development Investment Trust Co's current Cyclically Adjusted Book per Share is MUR4.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Mauritius Development Investment Trust Co stock overvalued right now?
Based on GuruFocus' analysis, The Mauritius Development Investment Trust Co (XMAU:MDIT) is currently considered Possible Value Trap. The stock's GF Value™ is MUR2.95, compared to a current price of MUR2.05 — trading 30.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is MUR4.11. The Mauritius Development Investment Trust Co's overall GF Score™ is 93/100 with 7 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 The Mauritius Development Investment Trust Co (XMAU:MDIT), the current Cyclically Adjusted Book per Share is MUR4.11 as of Dec. 2025. 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 Mauritius Development Investment Trust Co (XMAU:MDIT) Overvalued in 2026?

Based on GuruFocus' analysis, The Mauritius Development Investment Trust Co stock appears to be undervalued. The current stock price of MUR2.05 is trading 30.5% below its estimated GF Value™ of MUR2.95. GuruFocus considers The Mauritius Development Investment Trust Co to be Possible Value Trap.

Key valuation signals for XMAU:MDIT:

  • Cyclically Adjusted Book per Share: MUR4.11
  • GF Value™: MUR2.95 vs. price of MUR2.05 (30.5% below fair value)
  • GF Score™: 93/100 with 7 warning signs

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


The Mauritius Development Investment Trust Co Business Description

Address 206 The Catalyst, 40 Silicon Avenue, Ebene, MUS, 72201
The Mauritius Development Investment Trust Co Ltd is an investment trust and a closed-end fund. Its investment objective is to secure for investors the benefits of a market-related dividend yield as well as long-term capital appreciation. The company is organized into one main operating segment, which invests in quoted and unquoted securities in both local and overseas markets. It operates in Mauritius, Europe, the United Kingdom, the United States, Canada, Asia, and South Africa, from which it derives the majority of its revenue from Mauritius.
93GF Score

Get the complete analysis for XMAU:MDIT

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

MUR2.05
Price
MUR2.95
GF Value