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Murray Cod Australia (ASX:MCA) Cyclically Adjusted PB Ratio : 1.64 (As of Apr. 27, 2024)


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What is Murray Cod Australia Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Murray Cod Australia's current share price is A$0.115. Murray Cod Australia's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was A$0.07. Murray Cod Australia's Cyclically Adjusted PB Ratio for today is 1.64.

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

ASX:MCA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 2.1   Max: 5.63
Current: 1.55

During the past 13 years, Murray Cod Australia's highest Cyclically Adjusted PB Ratio was 5.63. The lowest was 0.70. And the median was 2.10.

ASX:MCA's Cyclically Adjusted PB Ratio is ranked worse than
57.2% of 1229 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs ASX:MCA: 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.

Murray Cod Australia's adjusted book value per share data of for the fiscal year that ended in Jun23 was A$0.093. 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 A$0.07 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Murray Cod Australia Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Murray Cod Australia'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.

Murray Cod Australia Cyclically Adjusted PB Ratio Chart

Murray Cod Australia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 1.58 5.51 2.98 1.62

Murray Cod Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 2.98 - 1.62 -

Competitive Comparison of Murray Cod Australia's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Murray Cod Australia'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.


Murray Cod Australia's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Murray Cod Australia's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Murray Cod Australia 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.

Murray Cod Australia's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.115/0.07
=1.64

* 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.

Murray Cod Australia's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Murray Cod Australia's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.093/124.1700*124.1700
=0.093

Current CPI (Jun23) = 124.1700.

Murray Cod Australia Annual Data

Book Value per Share CPI Adj_Book
201406 0.192 98.352 0.242
201506 0.015 99.838 0.019
201606 0.009 100.859 0.011
201706 0.027 102.809 0.033
201806 0.030 104.945 0.035
201906 0.036 106.617 0.042
202006 0.057 106.246 0.067
202106 0.056 110.332 0.063
202206 0.100 117.112 0.106
202306 0.093 124.170 0.093

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.


Murray Cod Australia  (ASX:MCA) 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.


Murray Cod Australia Cyclically Adjusted PB Ratio Related Terms

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Murray Cod Australia (ASX:MCA) Business Description

Traded in Other Exchanges
N/A
Address
2-4 Lasscock Road, Griffith, NSW, AUS, 2680
Murray Cod Australia Ltd is engaged in producing pond-grown Murray cod. The company grows Murray cod in open ponds or dams on the Murray-Darling Basin river system. Murray Cod Australia Ltd is branded as Aquna Sustainable Murray Cod. The company generates revenue from fish sales, cattle sales and equipment sales.