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MNHVF (Mowi ASA) Cyclically Adjusted PB Ratio : 3.03 (As of Dec. 15, 2024)


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What is Mowi ASA Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Mowi ASA's current share price is $18.35. Mowi ASA's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $6.05. Mowi ASA's Cyclically Adjusted PB Ratio for today is 3.03.

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

MNHVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.59   Med: 4.09   Max: 5.41
Current: 3.15

During the past years, Mowi ASA's highest Cyclically Adjusted PB Ratio was 5.41. The lowest was 1.59. And the median was 4.09.

MNHVF's Cyclically Adjusted PB Ratio is ranked worse than
74.86% of 1277 companies
in the Consumer Packaged Goods industry
Industry Median: 1.47 vs MNHVF: 3.15

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.

Mowi ASA's adjusted book value per share data for the three months ended in Sep. 2024 was $7.793. 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 $6.05 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mowi ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mowi ASA'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.

Mowi ASA Cyclically Adjusted PB Ratio Chart

Mowi ASA 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 5.22 4.16 4.13 2.96 2.92

Mowi ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.12 2.92 3.14 2.74 2.89

Competitive Comparison of Mowi ASA's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Mowi ASA'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.


Mowi ASA's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mowi ASA 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.

Mowi ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.35/6.05
=3.03

* 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.

Mowi ASA's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Mowi ASA's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=7.793/133.7000*133.7000
=7.793

Current CPI (Sep. 2024) = 133.7000.

Mowi ASA Quarterly Data

Book Value per Share CPI Adj_Book
201412 4.922 98.600 6.674
201503 5.088 99.200 6.858
201506 5.038 100.100 6.729
201509 4.681 100.600 6.221
201512 4.585 100.900 6.075
201603 4.829 102.500 6.299
201606 4.795 103.800 6.176
201609 4.907 104.200 6.296
201612 4.848 104.400 6.209
201703 5.087 105.000 6.477
201706 5.802 105.800 7.332
201709 6.135 105.900 7.746
201712 5.587 106.100 7.040
201803 5.892 107.300 7.342
201806 5.735 108.500 7.067
201809 5.585 109.500 6.819
201812 6.343 109.800 7.724
201903 6.535 110.400 7.914
201906 6.473 110.600 7.825
201909 6.003 111.100 7.224
201912 6.214 111.300 7.465
202003 5.606 111.200 6.740
202006 5.786 112.100 6.901
202009 6.195 112.900 7.336
202012 6.498 112.900 7.695
202103 7.020 114.600 8.190
202106 7.270 115.300 8.430
202109 6.943 117.500 7.900
202112 6.837 118.900 7.688
202203 6.965 119.800 7.773
202206 7.226 122.600 7.880
202209 6.719 125.600 7.152
202212 7.185 125.900 7.630
202303 7.579 127.600 7.941
202306 7.252 130.400 7.436
202309 7.202 129.800 7.418
202312 7.578 131.900 7.681
202403 7.764 132.600 7.828
202406 7.655 133.800 7.649
202409 7.793 133.700 7.793

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.


Mowi ASA  (OTCPK:MNHVF) 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.


Mowi ASA Cyclically Adjusted PB Ratio Related Terms

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


Mowi ASA Business Description

Address
Sandviksboder 77A/B, P.O. Box 4102, Bergen, NOR, 5835
Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The company operates in three reportable segments which are organized as business areas as well that includes Feed, Farming and Sales & Marketing, Fish feed production, comprises our two feed plants in Norway and Scotland. Farming comprises a single operating segment composed of our farming operations in Norway, Scotland, Canada, Chile, Ireland, the Faroe Islands and Iceland, and our Breeding & Genetics programme. Sales & Marketing is composed of two operating segments Markets and Consumer Products.

Mowi ASA Headlines

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