MLMN (Millennium Prime) Cyclically Adjusted PB Ratio: (As of Jul. 09, 2026)


What is Millennium Prime Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Millennium Prime  (OTCPK:MLMN) 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.


Millennium Prime Cyclically Adjusted PB Ratio Related Terms


Millennium Prime Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Millennium Prime'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.

Millennium Prime Cyclically Adjusted PB Ratio Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Millennium Prime Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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

MLMN vs MLFB, BTDG, GBBT: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Millennium Prime'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.


Millennium Prime Cyclically Adjusted PB Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Millennium Prime's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Millennium Prime 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.

Millennium Prime's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2010 is calculated as:

For example, Millennium Prime's adjusted Book Value per Share data for the three months ended in Jun. 2010 was:

Adj_Book=Book Value per Share/CPI of Jun. 2010 (Change)*Current CPI (Jun. 2010)
=-0.012/217.9650*217.9650
=-0.012

Current CPI (Jun. 2010) = 217.9650.

Millennium Prime Quarterly Data

Book Value per Share CPI Adj_Book
200009 -173.667 173.700 -217.924
200012 -174.167 174.000 -218.174
200103 -15.145 176.200 -18.735
200106 -15.145 178.000 -18.545
200109 -15.928 178.300 -19.471
200112 -16.145 176.700 -19.915
200203 -16.290 178.800 -19.858
200206 -16.449 179.900 -19.929
200209 -4.884 181.000 -5.881
200212 -3.478 180.900 -4.191
200303 -6.188 184.200 -7.322
200306 5.362 183.700 6.362
200309 26.000 185.200 30.600
200312 31.580 184.300 37.349
200403 25.725 187.400 29.921
200406 20.145 189.700 23.147
200409 -38.029 189.900 -43.649
200412 -124.179 190.300 -142.232
200503 -133.821 193.300 -150.897
200506 -116.036 194.500 -130.035
200509 -120.214 198.800 -131.803
200512 -127.786 196.800 -141.529
200603 -132.071 199.800 -144.078
200606 -137.214 202.900 -147.402
200609 -139.464 202.900 -149.819
200612 -142.536 201.800 -153.954
200703 -145.571 205.352 -154.512
200706 -148.607 208.352 -155.463
200709 -151.750 208.490 -158.646
200712 -154.250 210.036 -160.073
200803 -156.750 213.528 -160.007
200806 -159.250 218.815 -158.631
200809 -162.679 218.783 -162.071
200812 -165.571 210.228 -171.664
200903 -168.143 212.709 -172.298
200906 -95.780 215.693 -96.789
200909 -101.360 215.969 -102.297
200912 -0.116 215.949 -0.117
201003 -0.133 217.631 -0.133
201006 -0.012 217.965 -0.012

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.


Millennium Prime Business Description

Address 6538 Collins Avenue, Suite 382, Miami Beach, FL, USA, 33141
Millennium Prime Inc develops superior lifestyle innovations for the millennial generation. The company's focus is on marketing products for the beverage, apparel, and entertainment categories, where it can achieve a clear and authentic market position by targeting consumers who live a lifestyle filled with high style, artistic edge, and a demand for the products. Through its subsidiary, the company functions as an importer and distributor of alcohol products, including Bong Spirit's Super Premium Vodka, which has an exclusive bong-shaped bottle.