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Mogo (TSX:MOGO) Cyclically Adjusted PB Ratio : 0.62 (As of Jun. 23, 2024)


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What is Mogo Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Mogo's current share price is C$2.00. Mogo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$3.24. Mogo's Cyclically Adjusted PB Ratio for today is 0.62.

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

TSX:MOGO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.74   Max: 0.83
Current: 0.62

During the past years, Mogo's highest Cyclically Adjusted PB Ratio was 0.83. The lowest was 0.62. And the median was 0.74.

TSX:MOGO's Cyclically Adjusted PB Ratio is ranked better than
85.04% of 1424 companies
in the Software industry
Industry Median: 2.515 vs TSX:MOGO: 0.62

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.

Mogo's adjusted book value per share data for the three months ended in Mar. 2024 was C$3.729. 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 C$3.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mogo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mogo'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.

Mogo Cyclically Adjusted PB Ratio Chart

Mogo 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 - - - - -

Mogo 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 - - - - 0.84

Competitive Comparison of Mogo's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Mogo'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.


Mogo's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Mogo 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.

Mogo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.00/3.24
=0.62

* 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.

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

For example, Mogo'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)
=3.729/126.2576*126.2576
=3.729

Current CPI (Mar. 2024) = 126.2576.

Mogo Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 -1.027 98.367 -1.318
201503 0.000 99.789 0.000
201506 5.181 100.500 6.509
201509 4.127 100.421 5.189
201512 3.308 99.947 4.179
201603 2.650 101.054 3.311
201606 1.960 102.002 2.426
201609 1.416 101.765 1.757
201612 0.936 101.449 1.165
201703 0.231 102.634 0.284
201706 -0.430 103.029 -0.527
201709 -0.997 103.345 -1.218
201712 1.858 103.345 2.270
201803 0.889 105.004 1.069
201806 0.219 105.557 0.262
201809 -0.638 105.636 -0.763
201812 -1.123 105.399 -1.345
201903 -1.638 106.979 -1.933
201906 1.523 107.690 1.786
201909 0.886 107.611 1.040
201912 0.191 107.769 0.224
202003 -0.804 107.927 -0.941
202006 -0.651 108.401 -0.758
202009 -0.339 108.164 -0.396
202012 0.480 108.559 0.558
202103 7.426 110.298 8.501
202106 11.858 111.720 13.401
202109 11.469 112.905 12.825
202112 10.595 113.774 11.758
202203 9.959 117.646 10.688
202206 8.083 120.806 8.448
202209 7.364 120.648 7.706
202212 4.437 120.964 4.631
202303 4.182 122.702 4.303
202306 3.786 124.203 3.849
202309 3.475 125.230 3.504
202312 3.853 125.072 3.890
202403 3.729 126.258 3.729

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.


Mogo  (TSX:MOGO) 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.


Mogo Cyclically Adjusted PB Ratio Related Terms

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


Mogo (TSX:MOGO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Mogo Inc (TSX:MOGO) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
2100 - 401 West Georgia Street, Vancouver, BC, CAN, V6B 5A1
Mogo Inc is a Canadian-based financial technology company. It offers a finance application to consumers with solutions that help them to control their financial health. At Mogo, users can sign up for a free account and get access to products and solutions that help users to monitor their credit score, protect themselves from identity fraud, control their spending, and borrow responsibly. Some of its products are personal loans, crypto, mortgage, credit score, and others. Mogo is one of the go-to financial applications for Canadians with more than one million members.
Executives
David Marshall Feller Director, Senior Officer

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