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Mogo (FRA:SGC) Cyclically Adjusted PB Ratio : 0.76 (As of May. 25, 2024)


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What is Mogo Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Mogo's current share price is €1.58. Mogo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.07. Mogo's Cyclically Adjusted PB Ratio for today is 0.76.

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

FRA:SGC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.77   Max: 0.83
Current: 0.74

During the past years, Mogo's highest Cyclically Adjusted PB Ratio was 0.83. The lowest was 0.73. And the median was 0.77.

FRA:SGC's Cyclically Adjusted PB Ratio is ranked better than
83.32% of 1355 companies
in the Software industry
Industry Median: 2.61 vs FRA:SGC: 0.74

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.

Mogo's adjusted book value per share data for the three months ended in Mar. 2024 was €2.535. 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 €2.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mogo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mogo'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.

Mogo Cyclically Adjusted PB Ratio Chart

Mogo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Mogo 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 - - - - 0.84

Competitive Comparison of Mogo's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Mogo'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.


Mogo's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Mogo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.58/2.07
=0.76

* 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.

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

For example, Mogo'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)
=2.535/126.2576*126.2576
=2.535

Current CPI (Mar. 2024) = 126.2576.

Mogo Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 -0.722 98.367 -0.927
201503 0.000 99.789 0.000
201506 3.733 100.500 4.690
201509 2.772 100.421 3.485
201512 2.214 99.947 2.797
201603 1.799 101.054 2.248
201606 1.353 102.002 1.675
201609 0.963 101.765 1.195
201612 0.665 101.449 0.828
201703 0.162 102.634 0.199
201706 -0.288 103.029 -0.353
201709 -0.681 103.345 -0.832
201712 1.230 103.345 1.503
201803 0.557 105.004 0.670
201806 0.143 105.557 0.171
201809 -0.419 105.636 -0.501
201812 -0.735 105.399 -0.880
201903 -1.084 106.979 -1.279
201906 1.014 107.690 1.189
201909 0.608 107.611 0.713
201912 0.130 107.769 0.152
202003 -0.521 107.927 -0.609
202006 -0.427 108.401 -0.497
202009 -0.217 108.164 -0.253
202012 0.308 108.559 0.358
202103 4.963 110.298 5.681
202106 8.054 111.720 9.102
202109 7.693 112.905 8.603
202112 7.325 113.774 8.129
202203 7.143 117.646 7.666
202206 5.972 120.806 6.242
202209 5.576 120.648 5.835
202212 3.083 120.964 3.218
202303 2.855 122.702 2.938
202306 2.630 124.203 2.673
202309 2.406 125.230 2.426
202312 2.634 125.072 2.659
202403 2.535 126.258 2.535

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.


Mogo  (FRA:SGC) 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.


Mogo Cyclically Adjusted PB Ratio Related Terms

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


Mogo (FRA:SGC) Business Description

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Address
2100 - 401 West Georgia Street, Vancouver, BC, CAN, V6B 5A1
Mogo Inc is a Canadian-based financial technology company. It offers a finance application to consumers with solutions that help them to control their financial health. At Mogo, users can sign up for a free account and get access to products and solutions that help users to monitor their credit score, protect themselves from identity fraud, control their spending, and borrow responsibly. Some of its products are personal loans, crypto, mortgage, credit score, and others. Mogo is one of the go-to financial applications for Canadians with more than one million members.