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MODVF (Melcor Developments) Cyclically Adjusted PB Ratio : 0.37 (As of Jun. 01, 2025)


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What is Melcor Developments Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Melcor Developments's current share price is $9.95. Melcor Developments's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $27.14. Melcor Developments's Cyclically Adjusted PB Ratio for today is 0.37.

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

MODVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.46   Max: 1.17
Current: 0.36

During the past years, Melcor Developments's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.20. And the median was 0.46.

MODVF's Cyclically Adjusted PB Ratio is ranked better than
69.74% of 1325 companies
in the Real Estate industry
Industry Median: 0.68 vs MODVF: 0.36

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.

Melcor Developments's adjusted book value per share data for the three months ended in Mar. 2025 was $28.606. 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 $27.14 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melcor Developments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Melcor Developments'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.

Melcor Developments Cyclically Adjusted PB Ratio Chart

Melcor Developments 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 0.32 0.45 0.31 0.31 0.34

Melcor Developments 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 0.31 0.31 0.35 0.34 0.32

Competitive Comparison of Melcor Developments's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Melcor Developments'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.


Melcor Developments's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Melcor Developments's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Melcor Developments 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.

Melcor Developments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.95/27.14
=0.37

* 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.

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

For example, Melcor Developments'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)
=28.606/129.1809*129.1809
=28.606

Current CPI (Mar. 2025) = 129.1809.

Melcor Developments Quarterly Data

Book Value per Share CPI Adj_Book
201506 22.382 100.500 28.769
201509 21.458 100.421 27.603
201512 21.459 99.947 27.736
201603 21.817 101.054 27.890
201606 22.332 102.002 28.283
201609 22.271 101.765 28.271
201612 22.360 101.449 28.472
201703 21.965 102.634 27.646
201706 22.038 103.029 27.632
201709 23.932 103.345 29.915
201712 23.657 103.345 29.571
201803 23.682 105.004 29.135
201806 23.342 105.557 28.566
201809 23.614 105.636 28.877
201812 23.828 105.399 29.204
201903 23.846 106.979 28.795
201906 23.897 107.690 28.666
201909 24.316 107.611 29.190
201912 24.689 107.769 29.594
202003 24.987 107.927 29.908
202006 24.176 108.401 28.810
202009 24.813 108.164 29.634
202012 25.419 108.559 30.247
202103 25.443 110.298 29.799
202106 26.268 111.720 30.374
202109 25.800 112.905 29.519
202112 26.463 113.774 30.047
202203 26.705 117.646 29.323
202206 27.165 120.806 29.048
202209 27.121 120.648 29.039
202212 27.757 120.964 29.643
202303 27.501 122.702 28.953
202306 28.842 124.203 29.998
202309 29.191 125.230 30.112
202312 29.404 125.072 30.370
202403 29.555 126.258 30.239
202406 29.781 127.522 30.168
202409 29.201 127.285 29.636
202412 28.721 127.364 29.131
202503 28.606 129.181 28.606

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.


Melcor Developments  (OTCPK:MODVF) 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.


Melcor Developments Cyclically Adjusted PB Ratio Related Terms

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


Melcor Developments Business Description

Traded in Other Exchanges
Address
10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions includes Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.

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