MCAP (MCAP) Cyclically Adjusted PB Ratio: (As of Jul. 26, 2026)

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What is MCAP Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MCAP  (OTCPK:MCAP) 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.


MCAP Cyclically Adjusted PB Ratio Related Terms


MCAP Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MCAP'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.

MCAP Cyclically Adjusted PB Ratio Chart

MCAP Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Cyclically Adjusted PB Ratio
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MCAP Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 0.00 0.00 0.00 0.00 0.00

MCAP vs AOXY, REAC, TKCI: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, MCAP'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.


MCAP Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, MCAP's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MCAP 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.

MCAP's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2011 is calculated as:

For example, MCAP's adjusted Book Value per Share data for the three months ended in Sep. 2011 was:

Adj_Book=Book Value per Share/CPI of Sep. 2011 (Change)*Current CPI (Sep. 2011)
=8.214/226.8890*226.8890
=8.214

Current CPI (Sep. 2011) = 226.8890.

MCAP Quarterly Data

Book Value per Share CPI Adj_Book
200112 1,358.800 176.700 1,744.747
200203 989.000 178.800 1,254.996
200206 571.200 179.900 720.395
200209 321.800 181.000 403.386
200212 228.800 180.900 286.966
200303 175.600 184.200 216.296
200306 125.000 183.700 154.388
200309 77.600 185.200 95.068
200312 59.800 184.300 73.619
200403 31.000 187.400 37.532
200406 11.200 189.700 13.396
200409 -14.200 189.900 -16.966
200412 0.600 190.300 0.715
200503 -12.800 193.300 -15.024
200506 -26.000 194.500 -30.330
200509 -39.000 198.800 -44.510
200512 -68.600 196.800 -79.088
200603 -85.400 199.800 -96.979
200606 -103.600 202.900 -115.849
200609 -118.200 202.900 -132.175
200612 -43.600 201.800 -49.021
200703 50.059 205.352 55.309
200706 31.706 208.352 34.527
200709 25.588 208.490 27.846
200712 6.481 210.036 7.001
200803 34.111 213.528 36.245
200806 23.259 218.815 24.117
200809 19.185 218.783 19.896
200812 65.370 210.228 70.551
200903 62.000 212.709 66.133
200906 63.593 215.693 66.894
200909 64.519 215.969 67.781
200912 63.370 215.949 66.580
201003 62.778 217.631 65.449
201006 60.370 217.965 62.842
201009 56.778 218.439 58.974
201012 46.179 219.179 47.803
201103 36.214 223.467 36.769
201106 18.179 225.722 18.273
201109 8.214 226.889 8.214

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.


MCAP Business Description

Address 390 North Orange Avenue, 28th Floor, Orlando, FL, USA, 32801
MCAP Inc operates as a financial technology company that focuses on electronic market making, securities execution, and financial technology innovation. The group offers Platform Solutions, featuring the QwickRoute and QwickBonds brands, that deliver trading technology and customized algorithmic execution to optimize trading outcomes. Its solutions offer seamless connectivity, intelligent order routing, and automated execution strategies-enabling direct access to trading venues or consolidated liquidity through an extensive network.