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Maui Land & Pineapple Co (Maui Land & Pineapple Co) Cyclically Adjusted PB Ratio : 21.07 (As of Apr. 27, 2024)


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What is Maui Land & Pineapple Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Maui Land & Pineapple Co's current share price is $19.81. Maui Land & Pineapple Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.94. Maui Land & Pineapple Co's Cyclically Adjusted PB Ratio for today is 21.07.

The historical rank and industry rank for Maui Land & Pineapple Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

MLP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 4.99   Max: 1109
Current: 21.14

During the past years, Maui Land & Pineapple Co's highest Cyclically Adjusted PB Ratio was 1109.00. The lowest was 0.60. And the median was 4.99.

MLP's Cyclically Adjusted PB Ratio is ranked worse than
99.53% of 1285 companies
in the Real Estate industry
Industry Median: 0.66 vs MLP: 21.14

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.

Maui Land & Pineapple Co's adjusted book value per share data for the three months ended in Dec. 2023 was $1.769. 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 $0.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maui Land & Pineapple Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maui Land & Pineapple Co'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.

Maui Land & Pineapple Co Cyclically Adjusted PB Ratio Chart

Maui Land & Pineapple Co 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 - - 70.46 18.33 16.96

Maui Land & Pineapple Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 18.33 19.06 19.32 15.63 16.96

Competitive Comparison of Maui Land & Pineapple Co's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Maui Land & Pineapple Co'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.


Maui Land & Pineapple Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Maui Land & Pineapple Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Maui Land & Pineapple Co's Cyclically Adjusted PB Ratio falls into.



Maui Land & Pineapple Co 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.

Maui Land & Pineapple Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.81/0.94
=21.07

* 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.

Maui Land & Pineapple Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Maui Land & Pineapple Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.769/129.4194*129.4194
=1.769

Current CPI (Dec. 2023) = 129.4194.

Maui Land & Pineapple Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 -1.483 99.695 -1.925
201406 -1.445 100.560 -1.860
201409 -1.474 100.428 -1.900
201412 -0.808 99.070 -1.056
201503 -0.832 99.621 -1.081
201506 -0.861 100.684 -1.107
201509 -0.335 100.392 -0.432
201512 -0.580 99.792 -0.752
201603 -0.619 100.470 -0.797
201606 0.102 101.688 0.130
201609 0.282 101.861 0.358
201612 0.936 101.863 1.189
201703 1.256 102.862 1.580
201706 1.623 103.349 2.032
201709 1.609 104.136 2.000
201712 1.636 104.011 2.036
201803 1.620 105.290 1.991
201806 1.603 106.317 1.951
201809 1.530 106.507 1.859
201812 1.617 105.998 1.974
201903 1.609 107.251 1.942
201906 1.616 108.070 1.935
201909 1.632 108.329 1.950
201912 1.180 108.420 1.409
202003 1.159 108.902 1.377
202006 1.167 108.767 1.389
202009 1.151 109.815 1.356
202012 1.039 109.897 1.224
202103 1.025 111.754 1.187
202106 1.140 114.631 1.287
202109 1.151 115.734 1.287
202112 1.217 117.630 1.339
202203 1.216 121.301 1.297
202206 1.772 125.017 1.834
202209 1.781 125.227 1.841
202212 1.734 125.222 1.792
202303 1.705 127.348 1.733
202306 1.682 128.729 1.691
202309 1.655 129.860 1.649
202312 1.769 129.419 1.769

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.


Maui Land & Pineapple Co  (NYSE:MLP) 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.


Maui Land & Pineapple Co Cyclically Adjusted PB Ratio Related Terms

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


Maui Land & Pineapple Co (Maui Land & Pineapple Co) Business Description

Traded in Other Exchanges
N/A
Address
200 Village Road, Lahaina, Maui, HI, USA, 96761
Maui Land & Pineapple Co Inc is a landholding and operating company. ML&P owns, develops, sells, and manages residential, resort, commercial, agricultural, and industrial real estate. It operates in three segments: Real Estate, which includes the development and sale of real estate inventory; Leasing operations include residential, resort, commercial, agricultural, industrial land and property leases; and Resort Amenities segment, which include a membership program that provides certain benefits and privileges within the Kapalua Resort for its members. The majority of its revenue is derived from the Leasing segment. Leasing revenue is generated from restaurants, retail outlets, office buildings, warehouses, and other resort activities.
Executives
Race A. Randle officer: CEO C/O MAUI LAND AND PINEAPPLE COMPANY, INC, 200 VILLAGE ROAD, LAHAINA HI 96761
Paulus Subrata officer: Vice President 200 VILLAGE ROAD, LAHAINA HI 96761
R Scot Sellers director C/O ARCHSTONE-SMITH, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Scott Nadao Kodama officer: Accounting Officer 1698 NANA ST., WAILUKU HI 96793
Glyn Aeppel director 6 WHIPPOORWILL LANE, WESTPORT CT 06880
John Sabin director 44 HERSHA DRIVE, HARRISBURG PA 17102
Wade K Kodama officer: CFO 95-1025 AHIKAO ST., MILILANI HI 96789
Michael Shoma Hotta officer: CFO 200 VILLAGE ROAD, LAHAINA HI 96761
Anthony P. Takitani director 200 VILLAGE ROAD, LAHAINA HI 96761
Ryan L Churchill officer: Senior Vice President P. O. BOX 187, KAHULUI HI 96733
Stephen M Case director, 10 percent owner 1717 RHODE ISLAND AVENUE, N.W., 9TH FLOOR, WASHINGTON DC 20036
Tim T Esaki officer: CFO 200 VILLAGE ROAD, LAHAINA HI 96761
Authur C. Tokin director P. O. BOX 187, KAHULUI HI 96733-6687
John P Durkin officer: CFO P.O. BOX 187, KAHULUI HI 96733-6687
Gerald J Watts officer: VP/General Mngr. MPC 2530 RED HILL AVE, SANTA ANA CA 92705

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