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Medallion Financial (Medallion Financial) Cyclically Adjusted PB Ratio : 0.60 (As of May. 14, 2024)


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What is Medallion Financial Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Medallion Financial's current share price is $8.08. Medallion Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.42. Medallion Financial's Cyclically Adjusted PB Ratio for today is 0.60.

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

MFIN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.6   Max: 1.66
Current: 0.6

During the past years, Medallion Financial's highest Cyclically Adjusted PB Ratio was 1.66. The lowest was 0.12. And the median was 0.60.

MFIN's Cyclically Adjusted PB Ratio is ranked better than
67.52% of 274 companies
in the Credit Services industry
Industry Median: 0.895 vs MFIN: 0.60

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.

Medallion Financial's adjusted book value per share data for the three months ended in Mar. 2024 was $14.930. 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 $13.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medallion Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Medallion Financial'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.

Medallion Financial Cyclically Adjusted PB Ratio Chart

Medallion Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.43 0.48 0.55 0.73

Medallion Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.58 0.59 0.52 0.73 0.59

Competitive Comparison of Medallion Financial's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Medallion Financial'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.


Medallion Financial's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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



Medallion Financial 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.

Medallion Financial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.08/13.42
=0.60

* 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.

Medallion Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Medallion Financial's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.93/129.4194*129.4194
=14.930

Current CPI (Mar. 2024) = 129.4194.

Medallion Financial Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.008 100.560 14.167
201409 11.049 100.428 14.239
201412 11.156 99.070 14.574
201503 11.156 99.621 14.493
201506 11.264 100.684 14.479
201509 11.374 100.392 14.663
201512 11.422 99.792 14.813
201603 11.462 100.470 14.765
201606 11.408 101.688 14.519
201609 11.611 101.861 14.752
201612 11.908 101.863 15.129
201703 11.910 102.862 14.985
201706 11.647 103.349 14.585
201709 11.682 104.136 14.518
201712 11.796 104.011 14.678
201803 11.148 105.290 13.703
201806 10.544 106.317 12.835
201809 10.349 106.507 12.575
201812 10.747 105.998 13.122
201903 10.761 107.251 12.985
201906 10.491 108.070 12.564
201909 10.707 108.329 12.791
201912 10.677 108.420 12.745
202003 10.083 108.902 11.983
202006 9.979 108.767 11.874
202009 9.046 109.815 10.661
202012 9.302 109.897 10.954
202103 9.576 111.754 11.090
202106 10.004 114.631 11.295
202109 10.655 115.734 11.915
202112 11.403 117.630 12.546
202203 11.497 121.301 12.266
202206 12.131 125.017 12.558
202209 12.556 125.227 12.976
202212 13.084 125.222 13.523
202303 13.143 127.348 13.357
202306 13.664 128.729 13.737
202309 14.059 129.860 14.011
202312 14.627 129.419 14.627
202403 14.930 129.419 14.930

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.


Medallion Financial  (NAS:MFIN) 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.


Medallion Financial Cyclically Adjusted PB Ratio Related Terms

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


Medallion Financial (Medallion Financial) Business Description

Traded in Other Exchanges
Address
437 Madison Avenue, 38th Floor, New York, NY, USA, 10022
Medallion Financial Corp is a finance company that originates and services loans in various industries. Its operating segments include recreation, home improvement, commercial lending, medallion lending and Corporate and Other Investments. The company generates maximum revenue from the Recreation segment.
Executives
David Justin Haley officer: See Remarks 1100 EAST 6600 SOUTH, SUITE 510, SALT LAKE CITY UT 84121
Brent O. Hatch director C/O MEDALLION FINANCIAL CORP., 437 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Anthony N. Cutrone officer: See Remarks 437 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Robert Meyer director 1455 VALLEY ROAD, WAYNE NJ 07470
Donald S. Poulton officer: See Remarks 1100 EAST 6600 SOUTH, SUITE 510, SALT LAKE CITY UT 84121
Cynthia A Hallenbeck director 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Allan J Tanenbaum director
David L Rudnick director
Alvin Murstein director, officer: Chairman & CEO
Henry L Aaron director
Thomas J. Munson officer: Please See Remarks 437 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Alexander S Travis officer: See Remarks 3000 WEST COUNTY ROAD 42, SUITE 301, BURNSVILLE MN 55337
Frederick Menowitz director C/O MEDALLION FINANCIAL CORP, 437 MADISON AVE, NEW YORK NY 10022
Stephen A. Lewis officer: See Remarks 3000 WEST COUNTY ROAD 42, SUITE 301, BURNSVILLE MN 55337
John Everets director