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Manitoba Telecom Services (Manitoba Telecom Services) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Manitoba Telecom Services Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Manitoba Telecom Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Manitoba Telecom Services'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.

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Manitoba Telecom Services Cyclically Adjusted PB Ratio Chart

Manitoba Telecom Services Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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Manitoba Telecom Services Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Competitive Comparison of Manitoba Telecom Services's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Manitoba Telecom Services'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.


Manitoba Telecom Services's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Manitoba Telecom Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Manitoba Telecom Services's Cyclically Adjusted PB Ratio falls into.



Manitoba Telecom Services 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.

Manitoba Telecom Services's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2016 is calculated as:

For example, Manitoba Telecom Services's adjusted Book Value per Share data for the three months ended in Sep. 2016 was:

Adj_Book=Book Value per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=7.338/101.7646*101.7646
=7.338

Current CPI (Sep. 2016) = 101.7646.

Manitoba Telecom Services Quarterly Data

Book Value per Share CPI Adj_Book
200612 19.767 86.437 23.272
200703 19.034 87.780 22.066
200706 20.730 88.412 23.861
200709 21.568 88.412 24.825
200712 21.678 88.491 24.930
200803 21.853 88.965 24.997
200806 21.507 91.177 24.004
200809 20.612 91.414 22.946
200812 17.331 89.518 19.702
200903 16.850 90.071 19.038
200906 18.753 90.940 20.985
200909 19.328 90.624 21.704
200912 19.326 90.703 21.683
201003 19.587 91.335 21.824
201006 19.107 91.809 21.179
201009 19.431 92.362 21.409
201012 12.949 92.836 14.194
201103 14.565 94.338 15.712
201106 14.804 94.654 15.916
201109 12.381 95.286 13.223
201112 11.702 94.970 12.539
201203 13.161 96.155 13.929
201206 12.376 96.076 13.109
201209 12.526 96.392 13.224
201212 12.390 95.760 13.167
201303 12.696 97.103 13.305
201306 13.240 97.182 13.864
201309 14.021 97.419 14.646
201312 13.370 96.945 14.035
201403 12.890 98.604 13.303
201406 12.803 99.473 13.098
201409 12.991 99.394 13.301
201412 11.680 98.367 12.083
201503 10.781 99.789 10.994
201506 12.059 100.500 12.211
201509 11.481 100.421 11.635
201512 9.644 99.947 9.819
201603 8.436 101.054 8.495
201606 7.039 102.002 7.023
201609 7.338 101.765 7.338

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.


Manitoba Telecom Services  (OTCPK:MOBAF) 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.


Manitoba Telecom Services Cyclically Adjusted PB Ratio Related Terms

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Manitoba Telecom Services (Manitoba Telecom Services) Business Description

Traded in Other Exchanges
N/A
Address
Manitoba Telecom Services Inc was incorporated on April 28, 1933. The Company provides communication solutions in Canada. It has two reportable operating segments, MTS and Allstream. MTS is the telecommunications provider in Manitoba, delivering a full suite of wireless, high-speed internet, IP television, converged IP, unified communications, local access, as well as long distance and legacy data services under the MTS brand and security and home alarm monitoring services through a wholly owned subsidiary, AAA Alarm Systems Ltd. ('AAA Alarm'). This complete range of products is unmatched by any other provider in the province. MTS provides services to both residential and business customers in Manitoba. Allstream is a competitor in the national business and wholesale markets; offering small, medium and large businesses and government organizations a portfolio of telecommunications solutions tailored to meet the needs. Allstream's products are IP-based communications, unified communications, voice and data connectivity, and security services. Allstream operates an extensive national fiber optic network that spans almost 30,000 kilometers, and provides international connections through strategic alliances and interconnection agreements with other international telecommunications service providers.