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Molten Ventures VCT (LSE:MVCT) Cyclically Adjusted PB Ratio : 0.58 (As of Sep. 21, 2024)


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What is Molten Ventures VCT Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Molten Ventures VCT's current share price is £0.42. Molten Ventures VCT's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was £0.73. Molten Ventures VCT's Cyclically Adjusted PB Ratio for today is 0.58.

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

LSE:MVCT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.7   Max: 0.87
Current: 0.58

During the past 13 years, Molten Ventures VCT's highest Cyclically Adjusted PB Ratio was 0.87. The lowest was 0.50. And the median was 0.70.

LSE:MVCT's Cyclically Adjusted PB Ratio is ranked better than
71.49% of 933 companies
in the Asset Management industry
Industry Median: 0.79 vs LSE:MVCT: 0.58

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.

Molten Ventures VCT's adjusted book value per share data of for the fiscal year that ended in Mar24 was £0.482. 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 £0.73 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molten Ventures VCT Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Molten Ventures VCT'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.

Molten Ventures VCT Cyclically Adjusted PB Ratio Chart

Molten Ventures VCT Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.71 0.81 0.64 0.62

Molten Ventures VCT Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 0.81 - 0.64 - 0.62

Competitive Comparison of Molten Ventures VCT's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Molten Ventures VCT'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.


Molten Ventures VCT's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Molten Ventures VCT's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Molten Ventures VCT 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.

Molten Ventures VCT's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.42/0.73
=0.58

* 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.

Molten Ventures VCT's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Molten Ventures VCT's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.482/131.6000*131.6000
=0.482

Current CPI (Mar24) = 131.6000.

Molten Ventures VCT Annual Data

Book Value per Share CPI Adj_Book
201312 0.780 99.200 1.035
201412 0.708 99.900 0.933
201512 0.706 100.400 0.925
201612 0.628 102.200 0.809
201903 0.567 107.000 0.697
202003 0.460 108.600 0.557
202103 0.500 109.700 0.600
202203 0.606 116.500 0.685
202303 0.533 126.800 0.553
202403 0.482 131.600 0.482

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.


Molten Ventures VCT  (LSE:MVCT) 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.


Molten Ventures VCT Cyclically Adjusted PB Ratio Related Terms

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Molten Ventures VCT Business Description

Traded in Other Exchanges
N/A
Address
20 Garrick Street, London, GBR, WC2E 9BT
Molten Ventures VCT PLC is a venture capital fund manager. Its investment objectives are to provide long term tax-free returns to shareholders through a combination of dividends and capital growth and invest in diversified portfolio of unquoted companies with a particular focus on the technology sector.

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