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Mesa Laboratories (FRA:MLI) Cyclically Adjusted PB Ratio : 1.67 (As of Jun. 27, 2025)


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What is Mesa Laboratories Cyclically Adjusted PB Ratio?

As of today (2025-06-27), Mesa Laboratories's current share price is €83.50. Mesa Laboratories's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €49.93. Mesa Laboratories's Cyclically Adjusted PB Ratio for today is 1.67.

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

FRA:MLI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 8.29   Max: 12.92
Current: 1.77

During the past years, Mesa Laboratories's highest Cyclically Adjusted PB Ratio was 12.92. The lowest was 1.64. And the median was 8.29.

FRA:MLI's Cyclically Adjusted PB Ratio is ranked worse than
52.29% of 1947 companies
in the Hardware industry
Industry Median: 1.66 vs FRA:MLI: 1.77

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.

Mesa Laboratories's adjusted book value per share data for the three months ended in Mar. 2025 was €27.102. 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 €49.93 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mesa Laboratories Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mesa Laboratories'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.

Mesa Laboratories Cyclically Adjusted PB Ratio Chart

Mesa Laboratories Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.87 6.39 3.70 2.08 2.18

Mesa Laboratories Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.63 2.43 2.46 2.18

Competitive Comparison of Mesa Laboratories's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, Mesa Laboratories'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.


Mesa Laboratories's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Mesa Laboratories 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.

Mesa Laboratories's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=83.50/49.93
=1.67

* 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.

Mesa Laboratories's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Mesa Laboratories's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=27.102/134.9266*134.9266
=27.102

Current CPI (Mar. 2025) = 134.9266.

Mesa Laboratories Quarterly Data

Book Value per Share CPI Adj_Book
201506 18.954 100.684 25.400
201509 19.529 100.392 26.247
201512 20.422 99.792 27.612
201603 20.908 100.470 28.078
201606 21.288 101.688 28.246
201609 21.862 101.861 28.959
201612 24.027 101.863 31.826
201703 24.534 102.862 32.182
201706 23.918 103.349 31.226
201709 23.358 104.136 30.265
201712 21.102 104.011 27.374
201803 21.200 105.290 27.167
201806 23.458 106.317 29.771
201809 23.778 106.507 30.123
201812 24.507 105.998 31.195
201903 25.324 107.251 31.859
201906 26.863 108.070 33.539
201909 47.669 108.329 59.373
201912 48.227 108.420 60.018
202003 45.387 108.902 56.234
202006 66.515 108.767 82.512
202009 65.108 109.815 79.996
202012 66.131 109.897 81.193
202103 66.374 111.754 80.137
202106 63.699 114.631 74.977
202109 65.002 115.734 75.781
202112 66.873 117.630 76.706
202203 67.902 121.301 75.529
202206 67.942 125.017 73.328
202209 70.835 125.227 76.322
202212 68.424 125.222 73.727
202303 68.450 127.348 72.524
202306 66.468 128.729 69.668
202309 67.383 129.860 70.012
202312 68.505 129.419 71.420
202403 24.798 131.776 25.391
202406 25.887 132.554 26.350
202409 26.839 133.029 27.222
202412 27.278 133.157 27.640
202503 27.102 134.927 27.102

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.


Mesa Laboratories  (FRA:MLI) 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.


Mesa Laboratories Cyclically Adjusted PB Ratio Related Terms

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


Mesa Laboratories Business Description

Industry
Traded in Other Exchanges
Address
12100 West Sixth Avenue, Lakewood, CO, USA, 80228
Mesa Laboratories Inc manufactures life sciences tools and critical quality control products. It operates in 4 divisions: Sterilization and Disinfection Control, which manufactures and sells biological, chemical, and cleaning indicators used to assess the effectiveness of sterilization, decontamination, disinfection, and cleaning processes. Clinical Genomics division develops, manufactures, and sells highly sensitive, low-cost, high-throughput genetic analysis tools and related consumables. The Biopharmaceutical Development division develops, manufactures, and sells automated systems for protein analysis (immunoassays) and peptide synthesis solutions. The Calibration Solutions division develops, manufactures, sells, and services quality control products.