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Marshall Monteagle (JSE:MMP) Cyclically Adjusted PB Ratio : 0.90 (As of Jun. 21, 2024)


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What is Marshall Monteagle Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Marshall Monteagle's current share price is R30.00. Marshall Monteagle's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was R33.36. Marshall Monteagle's Cyclically Adjusted PB Ratio for today is 0.90.

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

JSE:MMP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.82   Max: 1.13
Current: 0.9

During the past 13 years, Marshall Monteagle's highest Cyclically Adjusted PB Ratio was 1.13. The lowest was 0.60. And the median was 0.82.

JSE:MMP's Cyclically Adjusted PB Ratio is ranked better than
63.49% of 126 companies
in the Industrial Distribution industry
Industry Median: 1.265 vs JSE:MMP: 0.90

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.

Marshall Monteagle's adjusted book value per share data of for the fiscal year that ended in Mar23 was R43.472. 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 R33.36 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marshall Monteagle Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marshall Monteagle'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.

Marshall Monteagle Cyclically Adjusted PB Ratio Chart

Marshall Monteagle Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.88 0.74 0.70 0.72

Marshall Monteagle Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep22 Mar23 Sep23
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 0.70 - - 0.72 -

Competitive Comparison of Marshall Monteagle's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Marshall Monteagle'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.


Marshall Monteagle's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Marshall Monteagle's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Marshall Monteagle 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.

Marshall Monteagle's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.00/33.36
=0.90

* 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.

Marshall Monteagle's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Marshall Monteagle's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=43.472/127.3478*127.3478
=43.472

Current CPI (Mar23) = 127.3478.

Marshall Monteagle Annual Data

Book Value per Share CPI Adj_Book
201209 14.935 97.633 19.480
201309 18.150 98.790 23.397
201409 19.914 100.428 25.252
201509 23.911 100.392 30.331
201609 26.285 101.861 32.862
201709 26.906 104.136 32.903
201809 33.104 106.507 39.582
201909 35.132 108.329 41.300
202009 38.853 109.815 45.056
202303 43.472 127.348 43.472

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.


Marshall Monteagle  (JSE:MMP) 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.


Marshall Monteagle Cyclically Adjusted PB Ratio Related Terms

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


Marshall Monteagle (JSE:MMP) Business Description

Traded in Other Exchanges
N/A
Address
66-72 Esplanade, 2nd Floor, Gaspe House, Saint Helier, JEY, JE1 1GH
Marshall Monteagle PLC operates trading businesses involved in the importation and distribution of hand tools, machinery and non-perishable food products, coffee roasting, importing and exporting and trading in metals and minerals. It is also involved in the property business. The company generates the majority of its revenue from the Import and distribution segment, which is engaged in Trade in non-perishable products, such as food, food ingredients, household consumer products, metal and minerals, manufacturing inputs, and tools; primarily imports to South Africa and Latin America, and exports from South Africa.