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The Mint (The Mint) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is The Mint Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Mint Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Mint'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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The Mint Cyclically Adjusted PB Ratio Chart

The Mint Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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The Mint Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of The Mint's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, The Mint'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 Mint's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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



The Mint 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.

The Mint's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, The Mint's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.001/125.2304*125.2304
=0.001

Current CPI (Sep. 2023) = 125.2304.

The Mint Quarterly Data

Book Value per Share CPI Adj_Book
201312 -1.101 96.945 -1.422
201403 -1.130 98.604 -1.435
201406 -1.094 99.473 -1.377
201409 -0.877 99.394 -1.105
201412 -0.650 98.367 -0.828
201503 -0.664 99.789 -0.833
201506 -0.503 100.500 -0.627
201509 -0.483 100.421 -0.602
201512 -0.460 99.947 -0.576
201603 -0.515 101.054 -0.638
201606 -0.357 102.002 -0.438
201609 -0.362 101.765 -0.445
201612 -0.334 101.449 -0.412
201703 -0.345 102.634 -0.421
201706 -0.357 103.029 -0.434
201709 -0.340 103.345 -0.412
201712 -0.348 103.345 -0.422
201803 -0.303 105.004 -0.361
201806 -0.059 105.557 -0.070
201809 -0.065 105.636 -0.077
201812 -0.074 105.399 -0.088
201903 -0.076 106.979 -0.089
201906 -0.081 107.690 -0.094
201909 -0.087 107.611 -0.101
201912 -0.089 107.769 -0.103
202003 -0.070 107.927 -0.081
202006 -0.077 108.401 -0.089
202009 -0.088 108.164 -0.102
202012 -0.083 108.559 -0.096
202103 -0.090 110.298 -0.102
202106 -0.100 111.720 -0.112
202109 -0.102 112.905 -0.113
202112 -0.101 113.774 -0.111
202203 -0.097 117.646 -0.103
202206 0.008 120.806 0.008
202209 0.007 120.648 0.007
202212 0.002 120.964 0.002
202303 0.002 122.702 0.002
202306 0.001 124.203 0.001
202309 0.001 125.230 0.001

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.


The Mint  (OTCPK:MITJF) 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 Mint Cyclically Adjusted PB Ratio Related Terms

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


The Mint (The Mint) Business Description

Traded in Other Exchanges
Address
333 Bay Street, Suite 1700, Toronto, ON, CAN, M5H 2R2
The Mint Corp, through its subsidiaries, is a globally certified payments company focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Group manages the issuance, administration, customer support, payment processing, and set-up and reporting of payroll cards. In addition, it also provides additional services to cardholders, including mobile airtime top-up and mobile payments.

The Mint (The Mint) Headlines

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