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Melstacorp (COL:MELS.N0000) Cyclically Adjusted PB Ratio : 0.87 (As of Dec. 12, 2024)


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What is Melstacorp Cyclically Adjusted PB Ratio?

As of today (2024-12-12), Melstacorp's current share price is රු108.00. Melstacorp's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was රු124.38. Melstacorp's Cyclically Adjusted PB Ratio for today is 0.87.

The historical rank and industry rank for Melstacorp's Cyclically Adjusted PB Ratio or its related term are showing as below:

COL:MELS.N0000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.48   Max: 0.88
Current: 0.85

During the past years, Melstacorp's highest Cyclically Adjusted PB Ratio was 0.88. The lowest was 0.26. And the median was 0.48.

COL:MELS.N0000's Cyclically Adjusted PB Ratio is ranked better than
78.29% of 152 companies
in the Beverages - Alcoholic industry
Industry Median: 1.95 vs COL:MELS.N0000: 0.85

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.

Melstacorp's adjusted book value per share data for the three months ended in Sep. 2024 was රු102.899. 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 රු124.38 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melstacorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Melstacorp's Cyclically Adjusted PB Ratio 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.

Melstacorp Cyclically Adjusted PB Ratio Chart

Melstacorp Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.30 0.41 0.67

Melstacorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted PB Ratio 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 0.65 0.64 0.67 0.66 0.68

Competitive Comparison of Melstacorp's Cyclically Adjusted PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Melstacorp'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.


Melstacorp's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Melstacorp's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Melstacorp Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Melstacorp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=108.00/124.38
=0.87

* 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.

Melstacorp's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Melstacorp's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=102.899/133.0289*133.0289
=102.899

Current CPI (Sep. 2024) = 133.0289.

Melstacorp Quarterly Data

Book Value per Share CPI Adj_Book
201412 204.951 99.070 275.204
201503 203.353 99.621 271.547
201506 209.509 100.684 276.814
201509 208.922 100.392 276.843
201512 204.461 99.792 272.558
201603 210.685 100.470 278.960
201606 217.494 101.688 284.527
201609 227.326 101.861 296.884
201612 58.467 101.863 76.356
201703 58.418 102.862 75.550
201706 62.037 103.349 79.853
201709 62.800 104.136 80.224
201712 63.685 104.011 81.452
201803 64.936 105.290 82.044
201806 67.120 106.317 83.984
201809 64.592 106.507 80.677
201812 68.170 105.998 85.554
201903 68.841 107.251 85.387
201906 66.896 108.070 82.346
201909 70.002 108.329 85.963
201912 70.681 108.420 86.724
202003 71.799 108.902 87.706
202006 64.476 108.767 78.858
202009 68.006 109.815 82.382
202012 68.287 109.897 82.661
202103 71.779 111.754 85.443
202106 67.774 114.631 78.651
202109 72.662 115.734 83.520
202112 72.573 117.630 82.074
202203 74.921 121.301 82.165
202206 75.446 125.017 80.281
202209 83.085 125.227 88.262
202212 83.985 125.222 89.221
202303 84.483 127.348 88.252
202306 87.191 128.729 90.104
202309 93.851 129.860 96.142
202312 92.542 129.419 95.123
202403 98.973 131.776 99.914
202406 101.546 132.554 101.910
202409 102.899 133.029 102.899

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


Melstacorp  (COL:MELS.N0000) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Melstacorp Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Melstacorp's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Melstacorp Business Description

Traded in Other Exchanges
N/A
Address
No.110, Norris Canal Road, Colombo, LKA, 10
Melstacorp PLC is a Sri Lankan diversified conglomerate company. Its segments are Beverages, Plantation, Tourism, Maritime & Freight Logistics, Strategic Investment, Services, Finance Services, and Telecommunication. It generates the majority of its revenue from the Beverages segment. It has a geographic presence in Srilanka, Maldives, and Other countries.

Melstacorp Headlines

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