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MCVT (Mill City Ventures III) Cyclically Adjusted PB Ratio : 0.65 (As of May. 29, 2025)


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What is Mill City Ventures III Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Mill City Ventures III's current share price is $1.84. Mill City Ventures III's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $2.81. Mill City Ventures III's Cyclically Adjusted PB Ratio for today is 0.65.

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

MCVT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.13   Max: 8.32
Current: 0.66

During the past years, Mill City Ventures III's highest Cyclically Adjusted PB Ratio was 8.32. The lowest was 0.46. And the median was 1.13.

MCVT's Cyclically Adjusted PB Ratio is ranked better than
67.96% of 309 companies
in the Credit Services industry
Industry Median: 1 vs MCVT: 0.66

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.

Mill City Ventures III's adjusted book value per share data for the three months ended in Mar. 2025 was $3.229. 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 $2.81 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mill City Ventures III Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mill City Ventures III'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.

Mill City Ventures III Cyclically Adjusted PB Ratio Chart

Mill City Ventures III Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.78 3.99 0.81 0.92 0.71

Mill City Ventures III Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.97 1.09 0.82 0.71 0.58

Competitive Comparison of Mill City Ventures III's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Mill City Ventures III'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.


Mill City Ventures III's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mill City Ventures III's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mill City Ventures III's Cyclically Adjusted PB Ratio falls into.


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Mill City Ventures III 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.

Mill City Ventures III's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.84/2.81
=0.65

* 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.

Mill City Ventures III's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Mill City Ventures III's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.229/134.9266*134.9266
=3.229

Current CPI (Mar. 2025) = 134.9266.

Mill City Ventures III Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.053 100.684 2.751
201509 1.565 100.392 2.103
201512 1.618 99.792 2.188
201603 1.615 100.470 2.169
201606 1.549 101.688 2.055
201609 1.575 101.861 2.086
201612 1.738 101.863 2.302
201703 1.734 102.862 2.275
201706 1.769 103.349 2.310
201709 1.872 104.136 2.426
201712 1.958 104.011 2.540
201803 2.067 105.290 2.649
201806 2.108 106.317 2.675
201809 2.215 106.507 2.806
201812 2.293 105.998 2.919
201903 2.417 107.251 3.041
201906 2.153 108.070 2.688
201909 2.082 108.329 2.593
201912 2.047 108.420 2.547
202003 1.990 108.902 2.466
202006 2.150 108.767 2.667
202009 2.273 109.815 2.793
202012 2.428 109.897 2.981
202103 2.793 111.754 3.372
202106 2.959 114.631 3.483
202109 2.740 115.734 3.194
202112 2.797 117.630 3.208
202203 2.883 121.301 3.207
202206 2.990 125.017 3.227
202209 3.017 125.227 3.251
202212 2.890 125.222 3.114
202303 3.010 127.348 3.189
202306 3.021 128.729 3.166
202309 3.051 129.860 3.170
202312 2.912 129.419 3.036
202403 2.971 131.776 3.042
202406 3.036 132.554 3.090
202409 3.109 133.029 3.153
202412 3.094 133.157 3.135
202503 3.229 134.927 3.229

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.


Mill City Ventures III  (NAS:MCVT) 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.


Mill City Ventures III Cyclically Adjusted PB Ratio Related Terms

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


Mill City Ventures III Business Description

Traded in Other Exchanges
N/A
Address
1907 Wayzata Boulevard, Suite 205, Wayzata, MN, USA, 55391
Mill City Ventures III Ltd is a non-bank lender and specialty finance company. The company is engaged in the business of providing short-term specialty finance solutions to private businesses, micro-and small-cap public companies, and high-net-worth individuals. The principal specialty finance solutions that the group provides are high-interest short-term lending arrangements. Typically, these lending arrangements involve obtaining collateral as security for the borrower's repayment of funds, or personal guarantees from the principals or affiliates of the borrower.
Executives
Douglas Michael Polinsky director, officer: Chief Executive Officer 130 LAKE ST. WEST, WAYZATA MN 55391
Laurence S Zipkin director 701 XENIA AVE S., SUITE 130, MINNEAPOLIS MN 55416
Geraci Joseph Anthony Ii director, 10 percent owner, officer: Chief Financial Officer 900 IDS CENTER, 80 S. EIGHT STREET, MINNEAPOLOS MN 55402
Lyle Berman director 10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305
Howard P Liszt director 5929 BAKER ROAD, SUITE 475, MINNETONKA MN 55345
Neal Linnihan 10 percent owner 8154 INGBERG CIRCLE, STILLWATER MN 55082
Scott Zbikowski 10 percent owner 109 SW 50TH STREET, CAPE CORAL FL 33914
Chris Larson director 701 NORTH THIRD STREET, MINNEAPOLIS MN 55401
Joseph D Hammer director 150 CENTRAL PARK SOUTH, 2ND FLOOR, NEW YORK NY 10019
Amit Sela 10 percent owner 13564 WESTERNESSE ROAD, MINNETONKA MN 55305