Molten Ventures VCT (LSE:MVCT) Cyclically Adjusted PB Ratio: 0.58 (As of Aug. 03, 2026) — 12% Below Median

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LSE:MVCT Molten Ventures VCT PLC LSE:MVCT
42 GF Score
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What is Molten Ventures VCT Cyclically Adjusted PB Ratio?

Molten Ventures VCT LSE:MVCT 42 Cyclically Adjusted PB Ratio is 0.58 as of Aug. 03, 2026, which is 12% below its 10-year median of 0.66. GuruFocus rates LSE:MVCT with a GF Score™ of 42/100. The stock has 3 warning signs investors should review. Among 998 Asset Management companies, Molten Ventures VCT ranks better than 72.14% on this metric.

As of today (2026-08-03), Molten Ventures VCT's current share price is £0.378. Molten Ventures VCT's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was £0.65. 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: 0.66   Max: 0.82
Current: 0.58

During the past 13 years, Molten Ventures VCT's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.50. And the median was 0.66.

LSE:MVCT's Cyclically Adjusted PB Ratio is ranked better than
72.14% of 998 companies
in the Asset Management industry
Industry Median: 0.84 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 Mar26 was £0.413. 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 £0.65 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Molten Ventures VCT Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Molten Ventures VCT Cyclically Adjusted PB Ratio Chart

Molten Ventures VCT Annual Data
Trend Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.64 0.62 0.54 0.58

Molten Ventures VCT Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.62 0.00 0.54 0.00 0.58

LSE:MVCT vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


LSE:MVCT
42GF Score
Molten Ventures VCT PLC LSE:MVCT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=0.378/0.65
=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 Mar26 is calculated as:

For example, Molten Ventures VCT's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=0.413/140.8000*140.8000
=0.413

Current CPI (Mar26) = 140.8000.

Molten Ventures VCT Annual Data

Book Value per Share CPI Adj_Book
201512 0.706 100.400 0.990
201612 0.628 102.200 0.865
201903 0.567 107.000 0.746
202003 0.460 108.600 0.596
202103 0.500 109.700 0.642
202203 0.606 116.500 0.732
202303 0.533 126.800 0.592
202403 0.482 131.600 0.516
202503 0.430 136.100 0.445
202603 0.413 140.800 0.413

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.

What does a Cyclically Adjusted PB Ratio of 0.58 mean?
Molten Ventures VCT (LSE:MVCT) has a Cyclically Adjusted PB Ratio of 0.58 as of Aug. 03, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Molten Ventures VCT and its competitors. This is 12% below median its historical median of 0.66. Over the past decade, Molten Ventures VCT's Cyclically Adjusted PB Ratio has ranged from 0.50 to 0.82. According to the industry distribution chart, Molten Ventures VCT ranks #278 out of 998 companies in the Asset Management industry, placing it in the top 27.9%.
Is Molten Ventures VCT's Cyclically Adjusted PB Ratio too high?
Molten Ventures VCT's current Cyclically Adjusted PB Ratio of 0.58 is 12% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 0.82. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. Molten Ventures VCT's value of 0.58 is 31% below this industry median. Based on the distribution chart, Molten Ventures VCT ranks #278 out of 998 companies in the Asset Management industry, which is above the industry midpoint. Overall, Molten Ventures VCT has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Molten Ventures VCT's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Molten Ventures VCT ranks #278 out of 998 companies for Cyclically Adjusted PB Ratio. This puts Molten Ventures VCT in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.84. Molten Ventures VCT's value of 0.58 is 31% below this benchmark. Historically, Molten Ventures VCT's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 0.82 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.84, Molten Ventures VCT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 998 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Molten Ventures VCT's current Cyclically Adjusted PB Ratio of 0.58 is 31% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Molten Ventures VCT and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Molten Ventures VCT's current Cyclically Adjusted PB Ratio is 0.58, which is 12% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Molten Ventures VCT stock overvalued right now?
Molten Ventures VCT (LSE:MVCT) has a current Cyclically Adjusted PB Ratio of 0.58. The current Cyclically Adjusted PB Ratio is 0.58, which is 12% below median its 10-year median of 0.66 and 31% below the Asset Management industry median of 0.84. Molten Ventures VCT's overall GF Score™ is 42/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Molten Ventures VCT (LSE:MVCT), the current Cyclically Adjusted PB Ratio is 0.58 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Molten Ventures VCT Business Description

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.
42GF Score

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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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