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MLLGF (Mullen Group) Cyclically Adjusted PB Ratio : 1.30 (As of May. 31, 2025)


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What is Mullen Group Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Mullen Group's current share price is $10.1905. Mullen Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $7.86. Mullen Group's Cyclically Adjusted PB Ratio for today is 1.30.

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

MLLGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.26   Max: 1.64
Current: 1.27

During the past years, Mullen Group's highest Cyclically Adjusted PB Ratio was 1.64. The lowest was 0.40. And the median was 1.26.

MLLGF's Cyclically Adjusted PB Ratio is ranked worse than
51.42% of 706 companies
in the Transportation industry
Industry Median: 1.23 vs MLLGF: 1.27

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.

Mullen Group's adjusted book value per share data for the three months ended in Mar. 2025 was $8.063. 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 $7.86 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mullen Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mullen Group'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.

Mullen Group Cyclically Adjusted PB Ratio Chart

Mullen Group 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 1.10 1.13 1.35 1.28 1.32

Mullen Group 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 1.31 1.18 1.29 1.32 1.12

Competitive Comparison of Mullen Group's Cyclically Adjusted PB Ratio

For the Trucking subindustry, Mullen Group'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.


Mullen Group's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mullen Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Mullen Group 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.

Mullen Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.1905/7.86
=1.30

* 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.

Mullen Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Mullen Group'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)
=8.063/129.1809*129.1809
=8.063

Current CPI (Mar. 2025) = 129.1809.

Mullen Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.510 100.500 9.653
201509 6.838 100.421 8.796
201512 6.417 99.947 8.294
201603 6.651 101.054 8.502
201606 7.196 102.002 9.113
201609 7.140 101.765 9.064
201612 6.946 101.449 8.845
201703 0.000 102.634 0.000
201706 7.085 103.029 8.883
201709 7.804 103.345 9.755
201712 7.478 103.345 9.348
201803 7.282 105.004 8.959
201806 7.175 105.557 8.781
201809 7.279 105.636 8.901
201812 6.376 105.399 7.815
201903 6.380 106.979 7.704
201906 6.603 107.690 7.921
201909 6.664 107.611 8.000
201912 6.649 107.769 7.970
202003 6.223 107.927 7.448
202006 6.678 108.401 7.958
202009 6.984 108.164 8.341
202012 7.226 108.559 8.599
202103 7.369 110.298 8.631
202106 7.625 111.720 8.817
202109 7.396 112.905 8.462
202112 7.344 113.774 8.339
202203 7.459 117.646 8.190
202206 7.595 120.806 8.122
202209 7.487 120.648 8.017
202212 7.708 120.964 8.232
202303 7.625 122.702 8.028
202306 8.029 124.203 8.351
202309 8.067 125.230 8.321
202312 8.251 125.072 8.522
202403 8.236 126.258 8.427
202406 8.262 127.522 8.369
202409 8.544 127.285 8.671
202412 8.141 127.364 8.257
202503 8.063 129.181 8.063

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.


Mullen Group  (OTCPK:MLLGF) 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.


Mullen Group Cyclically Adjusted PB Ratio Related Terms

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


Mullen Group Business Description

Traded in Other Exchanges
Address
121A 31 Southridge Drive, Okotoks, AB, CAN, T1S 2N3
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings including less-than-truckload, truckload, Specialized & Industrial Services warehousing and logistics, U.S. and International Logistics, and Corporate. The segments of the company are Less-Than-Truckload, Logistics and Warehousing, Specialized and Industrial Services, U.S. and International Logistics, and Corporate segment. The company derives the majority of its revenue from the Less-Than-Truckload segment and geographical revenue from Canada. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.