Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The Mauritius Development Investment Trust CoXMAU:MDIT 97 Cyclically Adjusted PB Ratio is 0.48 as of Aug. 23, 2026, which is 2% above its 10-year median of 0.47. GuruFocus rates XMAU:MDIT with a GF Score™ of 97/100 and a GF Value™ of MUR2.84 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 985 Asset Management companies, The Mauritius Development Investment Trust Co ranks better than 79.59% on this metric.
XMAU:MDIT's Cyclically Adjusted PB Ratio is ranked better than 79.59% of 985
companies
in the Asset Management industry
Industry Median: 0.85
vs XMAU:MDIT: 0.48
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.
The Mauritius Development Investment Trust Co's adjusted book value per share data for the three months ended in Mar. 2026 was MUR3.880. 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 MUR4.16 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
The Mauritius Development Investment Trust Co (XMAU:MDIT) 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.
The Mauritius Development Investment Trust Co Cyclically Adjusted PB Ratio Related Terms
The Mauritius Development Investment Trust Co Cyclically Adjusted PB Ratio Historical Data
* 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.
The Mauritius Development Investment Trust Co Cyclically Adjusted PB Ratio Chart
The Mauritius Development Investment Trust Co Annual Data
XMAU:MDIT vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison
For the Asset Management subindustry, The Mauritius Development Investment Trust Co'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.
The Mauritius Development Investment Trust Co Cyclically Adjusted PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, The Mauritius Development Investment Trust Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where The Mauritius Development Investment Trust Co's Cyclically Adjusted PB Ratio falls into.
The Mauritius Development Investment Trust Co 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.
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 0.48 mean?
The Mauritius Development Investment Trust Co (XMAU:MDIT) has a Cyclically Adjusted PB Ratio of 0.48 as of Aug. 23, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on The Mauritius Development Investment Trust Co and its competitors. This is near median its historical median of 0.47. Over the past decade, The Mauritius Development Investment Trust Co's Cyclically Adjusted PB Ratio has ranged from 0.38 to 0.72. According to the industry distribution chart, The Mauritius Development Investment Trust Co ranks #201 out of 985 companies in the Asset Management industry, placing it in the top 20.4%.
Is The Mauritius Development Investment Trust Co's Cyclically Adjusted PB Ratio too high?
The Mauritius Development Investment Trust Co's current Cyclically Adjusted PB Ratio of 0.48 is near median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.72. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. The Mauritius Development Investment Trust Co's value of 0.48 is 43.5% below this industry median. Based on the distribution chart, The Mauritius Development Investment Trust Co ranks #201 out of 985 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, The Mauritius Development Investment Trust Co has a GF Score™ of 97/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Mauritius Development Investment Trust Co's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, The Mauritius Development Investment Trust Co ranks #201 out of 985 companies for Cyclically Adjusted PB Ratio. This places The Mauritius Development Investment Trust Co in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.85. The Mauritius Development Investment Trust Co's value of 0.48 is 43.5% below this benchmark. Historically, The Mauritius Development Investment Trust Co's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 0.72 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.85, The Mauritius Development Investment Trust Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Mauritius Development Investment Trust Co's current Cyclically Adjusted PB Ratio of 0.48 is 43.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on The Mauritius Development Investment Trust Co and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Mauritius Development Investment Trust Co's current Cyclically Adjusted PB Ratio is 0.48, which is near median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Mauritius Development Investment Trust Co stock overvalued right now?
Based on GuruFocus' analysis, The Mauritius Development Investment Trust Co (XMAU:MDIT) is currently considered Possible Value Trap. The stock's GF Value™ is MUR2.84, compared to a current price of MUR2.00 — trading 29.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.48, which is near median its 10-year median of 0.47 and 43.5% below the Asset Management industry median of 0.85. The Mauritius Development Investment Trust Co's overall GF Score™ is 97/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For The Mauritius Development Investment Trust Co (XMAU:MDIT), the current Cyclically Adjusted PB Ratio is 0.48 as of Aug. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is The Mauritius Development Investment Trust Co (XMAU:MDIT) Overvalued in 2026?
Based on GuruFocus' analysis, The Mauritius Development Investment Trust Co stock appears to be undervalued.
The current stock price of MUR2.00 is trading 29.6% below its estimated GF Value™ of MUR2.84.
GuruFocus considers The Mauritius Development Investment Trust Co to be Possible Value Trap.
Key valuation signals for XMAU:MDIT:
Cyclically Adjusted PB Ratio: 0.48 (near median its 10-year median of 0.47)
GF Value™: MUR2.84 vs. price of MUR2.00 (29.6% below fair value)
Industry Position: 43.5% below the Asset Management median (#201 of 985)
No single metric tells the full story. See the XMAU:MDIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Mauritius Development Investment Trust Co Ltd is an investment trust and a closed-end fund. Its investment objective is to secure for investors the benefits of a market-related dividend yield as well as long-term capital appreciation. The company is organized into one main operating segment, which invests in quoted and unquoted securities in both local and overseas markets. It operates in Mauritius, Europe, the United Kingdom, the United States, Canada, Asia, and South Africa, from which it derives the majority of its revenue from Mauritius.
97GF Score
Get the complete analysis for XMAU:MDIT
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XMAU:MDIT has been successfully added to your 
