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MHC Holding (XPTY:MHCH) Cyclically Adjusted PB Ratio : 1.57 (As of Jun. 19, 2024)


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What is MHC Holding Cyclically Adjusted PB Ratio?

As of today (2024-06-19), MHC Holding's current share price is $51.50. MHC Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $32.87. MHC Holding's Cyclically Adjusted PB Ratio for today is 1.57.

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

XPTY:MHCH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 1.49   Max: 1.58
Current: 1.57

During the past years, MHC Holding's highest Cyclically Adjusted PB Ratio was 1.58. The lowest was 1.39. And the median was 1.49.

XPTY:MHCH's Cyclically Adjusted PB Ratio is ranked worse than
64.76% of 454 companies
in the Conglomerates industry
Industry Median: 0.98 vs XPTY:MHCH: 1.57

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.

MHC Holding's adjusted book value per share data for the three months ended in Mar. 2024 was $38.463. 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 $32.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MHC Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MHC Holding'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.

MHC Holding Cyclically Adjusted PB Ratio Chart

MHC Holding 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 - - - 1.40 1.49

MHC Holding 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 1.42 1.47 1.48 1.49 1.46

Competitive Comparison of MHC Holding's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, MHC Holding'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.


MHC Holding's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, MHC Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MHC Holding 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.

MHC Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.50/32.87
=1.57

* 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.

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

For example, MHC Holding'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)
=38.463/131.7762*131.7762
=38.463

Current CPI (Mar. 2024) = 131.7762.

MHC Holding Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.343 100.560 21.416
201409 16.760 100.428 21.992
201412 17.954 99.070 23.881
201503 18.461 99.621 24.420
201506 18.950 100.684 24.802
201509 19.274 100.392 25.299
201512 19.161 99.792 25.302
201603 19.980 100.470 26.206
201606 20.763 101.688 26.906
201609 21.560 101.861 27.892
201612 21.604 101.863 27.948
201703 22.012 102.862 28.199
201706 22.844 103.349 29.127
201709 23.679 104.136 29.964
201712 23.695 104.011 30.020
201803 24.397 105.290 30.534
201806 24.990 106.317 30.974
201809 25.634 106.507 31.716
201812 29.268 105.998 36.386
201903 29.800 107.251 36.615
201906 30.534 108.070 37.232
201909 31.223 108.329 37.981
201912 31.934 108.420 38.813
202003 30.913 108.902 37.406
202006 31.754 108.767 38.471
202009 32.185 109.815 38.622
202012 33.176 109.897 39.781
202103 33.074 111.754 39.000
202106 33.676 114.631 38.713
202109 34.285 115.734 39.037
202112 34.384 117.630 38.519
202203 33.580 121.301 36.480
202206 33.450 125.017 35.259
202209 32.759 125.227 34.472
202212 34.534 125.222 36.342
202303 35.605 127.348 36.843
202306 36.567 128.729 37.433
202309 37.284 129.860 37.834
202312 37.633 129.419 38.318
202403 38.463 131.776 38.463

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.


MHC Holding  (XPTY:MHCH) 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.


MHC Holding Cyclically Adjusted PB Ratio Related Terms

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


MHC Holding (XPTY:MHCH) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Samuel Lewis, Banistmo Tower, 11th floor, George Town, CYM
Website
MHC Holding Ltd is a holding company. The Company invests in diversified business including telecommunications, finance and energy.

MHC Holding (XPTY:MHCH) Headlines

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