M&G (LSE:MNG) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)

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What is M&G Cyclically Adjusted PB Ratio?

M&G does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

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M&G Cyclically Adjusted PB Ratio Historical Data

The historical data trend for M&G'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.

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M&G Cyclically Adjusted PB Ratio Chart

M&G Annual Data

Trend

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Dec23

Cyclically Adjusted PB Ratio

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M&G Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of M&G's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, M&G'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.

M&G's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, M&G's Cyclically Adjusted PB Ratio distribution charts can be found below:

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

M&G 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.

M&G does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

M&G (LSE:MNG) 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.

M&G Cyclically Adjusted PB Ratio Related Terms

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M&G (LSE:MNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » M&G PLC (LSE:MNG) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

MGPUF:USA MNGl:UK 7MP:Germany

Address

10 Fenchurch Avenue, London, GBR, EC3M 5AG

Website

https://www.mandgprudential.com

M&G PLC is a United Kingdom-based company engaged in the savings and investments business. It serves retail customers, who want to build and protect their life savings, and provides investment solutions. The company's reportable segments are 1) Asset Management segment which generates revenues by charging fees that are typically based on the level of assets under management. The Asset Management segment also earns investment management revenues from the proportion of Retail and Savings assets it manages, 2) Retail and Savings segment which includes M and G Wealth, Heritage business and Other Retail and Savings business which relates to the company's international savings business. and 3) Corporate Centre segment includes central corporate costs and debt costs.

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