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Mastercard (MIC:MA-RM) Cyclically Adjusted Book per Share : ₽0.00 (As of Mar. 2024)


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What is Mastercard Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Mastercard's adjusted book value per share for the three months ended in Mar. 2024 was ₽711.732. 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 ₽0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mastercard's average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Mastercard was 19.10% per year. The lowest was 5.90% per year. And the median was 8.90% per year.

As of today (2024-05-16), Mastercard's current stock price is ₽25002.00. Mastercard's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₽0.00. Mastercard's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mastercard was 69.91. The lowest was 19.71. And the median was 40.94.


Mastercard Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mastercard's Cyclically Adjusted Book per Share 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.

Mastercard Cyclically Adjusted Book per Share Chart

Mastercard Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 425.91 474.72 - -

Mastercard Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 - - - - -

Competitive Comparison of Mastercard's Cyclically Adjusted Book per Share

For the Credit Services subindustry, Mastercard'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.


Mastercard's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mastercard's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mastercard Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Mastercard'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)
=711.732/131.7762*131.7762
=711.732

Current CPI (Mar. 2024) = 131.7762.

Mastercard Quarterly Data

Book Value per Share CPI Adj_Book
201406 182.301 100.560 238.893
201409 221.441 100.428 290.564
201412 333.208 99.070 443.212
201503 317.128 99.621 419.489
201506 314.269 100.684 411.319
201509 366.273 100.392 480.778
201512 395.547 99.792 522.321
201603 336.496 100.470 441.346
201606 339.552 101.688 440.021
201609 359.244 101.861 464.749
201612 315.717 101.863 408.432
201703 292.484 102.862 374.700
201706 325.891 103.349 415.530
201709 351.817 104.136 445.199
201712 298.659 104.011 378.384
201803 311.566 105.290 389.944
201806 317.919 106.317 394.050
201809 365.672 106.507 452.430
201812 363.789 105.998 452.261
201903 327.586 107.251 402.497
201906 310.818 108.070 379.001
201909 308.981 108.329 375.857
201912 362.509 108.420 440.601
202003 427.911 108.902 517.793
202006 450.922 108.767 546.311
202009 458.599 109.815 550.312
202012 478.445 109.897 573.699
202103 484.013 111.754 570.728
202106 479.264 114.631 550.945
202109 497.765 115.734 566.760
202112 551.646 117.630 617.990
202203 757.317 121.301 822.717
202206 401.599 125.017 423.313
202209 398.286 125.227 419.117
202212 403.177 125.222 424.280
202303 423.034 127.348 437.745
202306 473.700 128.729 484.914
202309 648.070 129.860 657.635
202312 669.383 129.419 681.573
202403 711.732 131.776 711.732

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Mastercard  (MIC:MA-RM) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mastercard was 69.91. The lowest was 19.71. And the median was 40.94.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Mastercard Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Mastercard's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mastercard (MIC:MA-RM) Business Description

Industry
Address
2000 Purchase Street, Purchase, NY, USA, 10577
Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

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