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MATH (Metalpha Technology Holding) Cyclically Adjusted PB Ratio : 5.73 (As of May. 29, 2025)


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What is Metalpha Technology Holding Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Metalpha Technology Holding's current share price is $2.98. Metalpha Technology Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was $0.52. Metalpha Technology Holding's Cyclically Adjusted PB Ratio for today is 5.73.

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

MATH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.73   Med: 2.75   Max: 5.86
Current: 5.57

During the past 10 years, Metalpha Technology Holding's highest Cyclically Adjusted PB Ratio was 5.86. The lowest was 1.73. And the median was 2.75.

MATH's Cyclically Adjusted PB Ratio is ranked worse than
86.34% of 483 companies
in the Capital Markets industry
Industry Median: 1.21 vs MATH: 5.57

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.

Metalpha Technology Holding's adjusted book value per share data of for the fiscal year that ended in Mar24 was $0.452. 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 $0.52 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metalpha Technology Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metalpha Technology Holding'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.

Metalpha Technology Holding Cyclically Adjusted PB Ratio Chart

Metalpha Technology Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.79

Metalpha Technology Holding Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - 2.79 -

Competitive Comparison of Metalpha Technology Holding's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Metalpha Technology Holding'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.


Metalpha Technology Holding's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Metalpha Technology Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Metalpha Technology Holding 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.

Metalpha Technology Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.98/0.52
=5.73

* 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.

Metalpha Technology Holding's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Metalpha Technology Holding'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)
=0.452/117.7354*117.7354
=0.452

Current CPI (Mar24) = 117.7354.

Metalpha Technology Holding Annual Data

Book Value per Share CPI Adj_Book
201503 -0.021 99.927 -0.025
201603 0.125 102.785 0.143
201703 0.259 103.335 0.295
201803 0.969 105.973 1.077
201903 0.859 108.172 0.935
202003 0.693 110.920 0.736
202103 0.691 111.579 0.729
202203 0.542 113.558 0.562
202303 0.277 115.427 0.283
202403 0.452 117.735 0.452

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.


Metalpha Technology Holding  (NAS:MATH) 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.


Metalpha Technology Holding Cyclically Adjusted PB Ratio Related Terms

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


Metalpha Technology Holding Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Suite 6703-04, Central Plaza, Wan Chai, Hong Kong, HKG
Metalpha Technology Holding Ltd is a digital asset focused wealth management company. The company predominantly generates revenue from the execution of cryptocurrency-related transactions, which includes the issuance of derivative products to over-the-counter (OTC) clients and its proprietary trading activities. It has partnered with a crypto exchange to provide crypto derivative market-making services for its clients, facilitating the trading of crypto derivative products. In addition, the company also engages in providing traditional financial derivative products, and asset management services. It operates in a single segment which is the trading of proprietary digital assets and derivative contracts, and derives a majority of its revenue from Hong Kong.