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Mastercard (XSWX:MA) Cyclically Adjusted Book per Share : CHF0.00 (As of Dec. 2023)


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What is Mastercard Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Mastercard's adjusted book value per share for the three months ended in Dec. 2023 was CHF6.268. 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 CHF0.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mastercard's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.90% 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 Mastercard was 19.10% per year. The lowest was 5.90% per year. And the median was 8.90% per year.

As of today (2024-04-29), Mastercard's current stock price is CHF265.00. Mastercard's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was CHF0.00. Mastercard's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mastercard was 69.91. The lowest was 19.42. And the median was 40.48.


Mastercard Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mastercard'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.

Mastercard Cyclically Adjusted Book per Share Chart

Mastercard 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 4.93 4.31 4.69 5.15 -

Mastercard 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 5.15 - - - -

Competitive Comparison of Mastercard's Cyclically Adjusted Book per Share

For the Credit Services subindustry, Mastercard'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.


Mastercard's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mastercard's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mastercard 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, Mastercard'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)
=6.268/129.4194*129.4194
=6.268

Current CPI (Dec. 2023) = 129.4194.

Mastercard Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.923 99.695 6.391
201406 4.842 100.560 6.232
201409 5.276 100.428 6.799
201412 5.746 99.070 7.506
201503 5.402 99.621 7.018
201506 5.264 100.684 6.766
201509 5.421 100.392 6.988
201512 5.375 99.792 6.971
201603 4.878 100.470 6.284
201606 5.159 101.688 6.566
201609 5.542 101.861 7.041
201612 5.334 101.863 6.777
201703 5.232 102.862 6.583
201706 5.310 103.349 6.649
201709 5.849 104.136 7.269
201712 5.120 104.011 6.371
201803 5.159 105.290 6.341
201806 5.009 106.317 6.097
201809 5.403 106.507 6.565
201812 5.190 105.998 6.337
201903 5.049 107.251 6.093
201906 4.870 108.070 5.832
201909 4.854 108.329 5.799
201912 5.748 108.420 6.861
202003 5.158 108.902 6.130
202006 6.130 108.767 7.294
202009 5.313 109.815 6.261
202012 5.704 109.897 6.717
202103 5.929 111.754 6.866
202106 5.919 114.631 6.683
202109 6.286 115.734 7.029
202112 6.872 117.630 7.561
202203 6.705 121.301 7.154
202206 6.185 125.017 6.403
202209 6.429 125.227 6.644
202212 6.137 125.222 6.343
202303 5.160 127.348 5.244
202306 5.184 128.729 5.212
202309 5.939 129.860 5.919
202312 6.268 129.419 6.268

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


Mastercard  (XSWX:MA) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mastercard was 69.91. The lowest was 19.42. And the median was 40.48.


Be Aware

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


Mastercard Cyclically Adjusted Book per Share Related Terms

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


Mastercard (XSWX:MA) Business Description

Industry
Address
2000 Purchase Street, Purchase, NY, USA, 10577
Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.