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MTI Wireless Edge (FRA:M7O) Cyclically Adjusted PB Ratio : 1.49 (As of Jun. 20, 2024)


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What is MTI Wireless Edge Cyclically Adjusted PB Ratio?

As of today (2024-06-20), MTI Wireless Edge's current share price is €0.448. MTI Wireless Edge's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.30. MTI Wireless Edge's Cyclically Adjusted PB Ratio for today is 1.49.

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

FRA:M7O' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.96   Max: 3.52
Current: 1.51

During the past years, MTI Wireless Edge's highest Cyclically Adjusted PB Ratio was 3.52. The lowest was 1.15. And the median was 1.96.

FRA:M7O's Cyclically Adjusted PB Ratio is ranked better than
54.47% of 1902 companies
in the Hardware industry
Industry Median: 1.67 vs FRA:M7O: 1.51

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.

MTI Wireless Edge's adjusted book value per share data for the three months ended in Mar. 2024 was €0.299. 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 €0.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MTI Wireless Edge Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MTI Wireless Edge'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.

MTI Wireless Edge Cyclically Adjusted PB Ratio Chart

MTI Wireless Edge 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 - - 3.04 2.08 1.28

MTI Wireless Edge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 2.08 1.90 1.65 1.28 1.67

Competitive Comparison of MTI Wireless Edge's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, MTI Wireless Edge'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.


MTI Wireless Edge's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MTI Wireless Edge's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MTI Wireless Edge 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.

MTI Wireless Edge's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.448/0.3
=1.49

* 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.

MTI Wireless Edge's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, MTI Wireless Edge'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)
=0.299/131.7762*131.7762
=0.299

Current CPI (Mar. 2024) = 131.7762.

MTI Wireless Edge Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.250 99.695 0.330
201406 0.252 100.560 0.330
201409 0.264 100.428 0.346
201412 0.277 99.070 0.368
201503 0.317 99.621 0.419
201506 0.307 100.684 0.402
201509 0.310 100.392 0.407
201512 0.327 99.792 0.432
201603 0.322 100.470 0.422
201606 0.314 101.688 0.407
201609 0.321 101.861 0.415
201612 0.346 101.863 0.448
201703 0.343 102.862 0.439
201706 0.329 103.349 0.419
201709 0.307 104.136 0.388
201712 0.309 104.011 0.391
201803 0.302 105.290 0.378
201806 0.200 106.317 0.248
201809 0.196 106.507 0.243
201812 0.208 105.998 0.259
201903 0.214 107.251 0.263
201906 0.210 108.070 0.256
201909 0.223 108.329 0.271
201912 0.230 108.420 0.280
202003 0.234 108.902 0.283
202006 0.222 108.767 0.269
202009 0.222 109.815 0.266
202012 0.228 109.897 0.273
202103 0.218 111.754 0.257
202106 0.225 114.631 0.259
202109 0.239 115.734 0.272
202112 0.259 117.630 0.290
202203 0.249 121.301 0.271
202206 0.265 125.017 0.279
202209 0.293 125.227 0.308
202212 0.286 125.222 0.301
202303 0.292 127.348 0.302
202306 0.269 128.729 0.275
202312 0.291 129.419 0.296
202403 0.299 131.776 0.299

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.


MTI Wireless Edge  (FRA:M7O) 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.


MTI Wireless Edge Cyclically Adjusted PB Ratio Related Terms

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


MTI Wireless Edge (FRA:M7O) Business Description

Industry
Traded in Other Exchanges
Address
11 Hamelacha Street, Afek Industrial Park, Rosh-Ha'Ayin, ISR, 4809121
MTI Wireless Edge Ltd is an Israel-based company engaged in three segments; the antennas segment includes the development, design, manufacture, and marketing of antennas for the military and civilian sectors, Water solutions segment is a provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies, and Distribution and Consultation segment provides consulting representation, and marketing services to foreign companies in the field of RF (radio frequency) and Microwave, including engineering services in the field of aerostat systems and system engineering services, and development, manufacture, and integration of communication systems and monitoring and control systems.

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