Manganese Bronze Holdings (LSE:MNGS) Cyclically Adjusted PB Ratio: (As of Aug. 15, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Manganese Bronze Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manganese Bronze Holdings  (LSE:MNGS) 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.


Manganese Bronze Holdings Cyclically Adjusted PB Ratio Related Terms


Manganese Bronze Holdings Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Manganese Bronze Holdings'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.

Manganese Bronze Holdings Cyclically Adjusted PB Ratio Chart

Manganese Bronze Holdings Annual Data
Trend Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Manganese Bronze Holdings Quarterly Data
Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jun08 Jun09 Jun10 Jun11 Jun12
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Manganese Bronze Holdings Cyclically Adjusted PB Ratio Competitor Comparison

For the Auto Manufacturers subindustry, Manganese Bronze Holdings'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.


Manganese Bronze Holdings Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Manganese Bronze Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Manganese Bronze Holdings 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.

Manganese Bronze Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec11 is calculated as:

For example, Manganese Bronze Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec11 was:

Adj_Book=Book Value per Share/CPI of Dec11 (Change)*Current CPI (Dec11)
=0.386/95.0000*95.0000
=0.386

Current CPI (Dec11) = 95.0000.

Manganese Bronze Holdings Annual Data

Book Value per Share CPI Adj_Book
200207 1.971 75.600 2.477
200307 1.266 76.600 1.570
200407 1.237 77.700 1.512
200507 1.033 79.500 1.234
200607 1.131 81.500 1.318
200712 1.759 84.500 1.978
200812 1.072 87.100 1.169
200912 0.991 88.900 1.059
201012 0.665 91.700 0.689
201112 0.386 95.000 0.386

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.


Manganese Bronze Holdings Business Description

Manganese Bronze Holdings PLC provides automotive and taxi services in the UK. It is currently organised into three operating divisions - vehicle sales, vehicle services, and Shanghai LTI. The vehicle sales segment includes the design, development, assembly, and retailing of new purpose-built taxis, along with the sale of used vehicles taken in part exchange, parts, and vehicle maintenance. The vehicle services segment comprises taxi finance. The Shanghai LTI segment is the joint venture based in Shanghai, China, which assembles the London Taxi under license from the company. The company's operations are located in the United Kingdom and China.