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Materialise NV (Materialise NV) Cyclically Adjusted PB Ratio : 1.55 (As of May. 14, 2024)


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What is Materialise NV Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Materialise NV's current share price is $5.19. Materialise NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.35. Materialise NV's Cyclically Adjusted PB Ratio for today is 1.55.

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

MTLS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.52   Max: 3.78
Current: 1.55

During the past years, Materialise NV's highest Cyclically Adjusted PB Ratio was 3.78. The lowest was 1.52. And the median was 2.52.

MTLS's Cyclically Adjusted PB Ratio is ranked better than
68.19% of 1333 companies
in the Software industry
Industry Median: 2.61 vs MTLS: 1.55

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.

Materialise NV's adjusted book value per share data for the three months ended in Mar. 2024 was $4.417. 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 $3.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Materialise NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Materialise NV'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.

Materialise NV Cyclically Adjusted PB Ratio Chart

Materialise NV 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 - - - 2.90 2.02

Materialise NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.71 2.81 1.75 2.02 1.58

Competitive Comparison of Materialise NV's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Materialise NV'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.


Materialise NV's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Materialise NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Materialise NV 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.

Materialise NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.19/3.35
=1.55

* 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.

Materialise NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Materialise NV's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.417/128.2922*128.2922
=4.417

Current CPI (Mar. 2024) = 128.2922.

Materialise NV Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.380 99.482 3.069
201409 2.333 99.195 3.017
201412 2.231 99.086 2.889
201503 1.952 99.423 2.519
201506 1.961 100.107 2.513
201509 1.915 100.245 2.451
201512 1.909 100.572 2.435
201603 1.860 101.653 2.347
201606 1.858 102.267 2.331
201609 1.852 102.118 2.327
201612 1.762 102.614 2.203
201703 1.776 103.972 2.191
201706 1.838 103.902 2.269
201709 1.916 104.170 2.360
201712 1.927 104.804 2.359
201803 1.992 105.419 2.424
201806 1.789 106.063 2.164
201809 3.127 106.618 3.763
201812 2.925 107.252 3.499
201903 2.914 107.876 3.465
201906 2.901 107.896 3.449
201909 2.836 107.470 3.385
201912 2.915 108.065 3.461
202003 2.769 108.550 3.273
202006 2.739 108.540 3.237
202009 2.836 108.441 3.355
202012 2.991 108.511 3.536
202103 2.856 109.522 3.345
202106 4.280 110.305 4.978
202109 4.573 111.543 5.260
202112 4.449 114.705 4.976
202203 4.366 118.620 4.722
202206 4.204 120.948 4.459
202209 3.965 124.120 4.098
202212 4.106 126.578 4.162
202303 4.229 126.528 4.288
202306 4.282 125.973 4.361
202309 4.276 127.083 4.317
202312 4.369 128.292 4.369
202403 4.417 128.292 4.417

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.


Materialise NV  (NAS:MTLS) 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.


Materialise NV Cyclically Adjusted PB Ratio Related Terms

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


Materialise NV (Materialise NV) Business Description

Industry
Traded in Other Exchanges
Address
Technologielaan 15, Leuven, BEL, 3001
Materialise NV is a provider of 3D printing services. The products and services of the group are organized in the three segments: Medical segment, which develops and delivers medical software solutions, medical devices, and other related products and services; Software segment, which develops and delivers additive manufacturing software solutions and related services; and Manufacturing segment, which delivers 3D printed products and related services. Its geographical segments are the United States, the Americas (excluding the USA), Belgium, Germany, France, Switzerland, the United Kingdom, Italy, Netherlands, Other Europe, and the Asia Pacific.

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