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Mr. Cooper Group (Mr. Cooper Group) Cyclically Adjusted PB Ratio : 2.63 (As of May. 14, 2024)


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What is Mr. Cooper Group Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Mr. Cooper Group's current share price is $81.97. Mr. Cooper Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $31.20. Mr. Cooper Group's Cyclically Adjusted PB Ratio for today is 2.63.

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

COOP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.15   Max: 2.95
Current: 2.6

During the past years, Mr. Cooper Group's highest Cyclically Adjusted PB Ratio was 2.95. The lowest was 0.03. And the median was 0.15.

COOP's Cyclically Adjusted PB Ratio is ranked worse than
92.91% of 1184 companies
in the Banks industry
Industry Median: 0.935 vs COOP: 2.60

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.

Mr. Cooper Group's adjusted book value per share data for the three months ended in Mar. 2024 was $68.063. 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 $31.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mr. Cooper Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mr. Cooper Group'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.

Mr. Cooper Group Cyclically Adjusted PB Ratio Chart

Mr. Cooper Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 2.34 2.39 1.74 2.20

Mr. Cooper Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.65 1.91 1.90 2.20 2.50

Competitive Comparison of Mr. Cooper Group's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, Mr. Cooper Group'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.


Mr. Cooper Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mr. Cooper Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mr. Cooper Group 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.

Mr. Cooper Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=81.97/31.2
=2.63

* 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.

Mr. Cooper Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Mr. Cooper Group'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)
=68.063/129.4194*129.4194
=68.063

Current CPI (Mar. 2024) = 129.4194.

Mr. Cooper Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.858 100.560 7.539
201409 5.788 100.428 7.459
201412 5.233 99.070 6.836
201503 5.330 99.621 6.924
201506 0.715 100.684 0.919
201509 0.235 100.392 0.303
201512 0.569 99.792 0.738
201603 3.550 100.470 4.573
201606 4.596 101.688 5.849
201609 3.377 101.861 4.291
201612 11.288 101.863 14.342
201703 12.069 102.862 15.185
201706 10.560 103.349 13.224
201709 12.535 104.136 15.578
201712 99.558 104.011 123.878
201803 5.103 105.290 6.272
201806 4.763 106.317 5.798
201809 22.889 106.507 27.813
201812 21.388 105.998 26.114
201903 19.319 107.251 23.312
201906 18.397 108.070 22.031
201909 19.385 108.329 23.159
201912 24.496 108.420 29.240
202003 22.500 108.902 26.739
202006 23.359 108.767 27.794
202009 25.743 109.815 30.339
202012 27.966 109.897 32.934
202103 33.717 111.754 39.047
202106 38.881 114.631 43.897
202109 43.395 115.734 48.526
202112 45.610 117.630 50.181
202203 53.802 121.301 57.403
202206 56.369 125.017 58.354
202209 58.227 125.227 60.177
202212 58.627 125.222 60.592
202303 58.618 127.348 59.572
202306 61.063 128.729 61.391
202309 65.410 129.860 65.188
202312 66.285 129.419 66.285
202403 68.063 129.419 68.063

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.


Mr. Cooper Group  (NAS:COOP) 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.


Mr. Cooper Group Cyclically Adjusted PB Ratio Related Terms

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


Mr. Cooper Group (Mr. Cooper Group) Business Description

Traded in Other Exchanges
Address
8950 Cypress Waters Boulevard, Coppell, TX, USA, 75019
Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has two operating segments namely Servicing segment which performs operational activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, and customer service and The Originations segment originates residential mortgage loans through a direct-to-consumer channel, which provides refinance options for existing customers, and through a correspondent channel, which purchases or originates loans from mortgage bankers and brokers.
Executives
Jesse K Bray director, officer: President and CEO 8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019
Shveta Mujumdar director 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Michael R Rawls officer: EVP, Servicing 8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019
Carlos M Pelayo officer: EVP & Chief Legal Officer 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Jaime Gow officer: EVP & Chief Financial Officer 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Eldridge A. Burns officer: EVP and Chief Legal Officer 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Daniela Jorge director 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Kurt G Johnson officer: EVP, Chief Risk & Compliance 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Robert H Gidel director 677 N WASHINGTON BLVD, SARASOTA FL 34236
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Wand Investors Corp 10 percent owner 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Tagar Olson director C/O KKR & CO. L.P., 9 W. 57TH ST., SUITE 4200, NEW YORK NY 10019
Anthony L Ebers officer: EVP and COO 888 E. WALNUT STREET, PASADENA CA 91101
Simon Greene 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Christopher G Marshall officer: Vice Chairman 8950 CYPRESS WATERS BLVD., COPPELL TX 75019