GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mattr Corp (OTCPK:MTTRF) » Definitions » Cyclically Adjusted PB Ratio

Mattr (MTTRF) Cyclically Adjusted PB Ratio : 1.08 (As of Apr. 28, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Mattr Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Mattr's current share price is $12.47326. Mattr's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.56. Mattr's Cyclically Adjusted PB Ratio for today is 1.08.

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

MTTRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 1.69   Max: 5.52
Current: 1.11

During the past years, Mattr's highest Cyclically Adjusted PB Ratio was 5.52. The lowest was 0.08. And the median was 1.69.

MTTRF's Cyclically Adjusted PB Ratio is ranked worse than
53.52% of 809 companies
in the Oil & Gas industry
Industry Median: 1.02 vs MTTRF: 1.11

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.

Mattr's adjusted book value per share data for the three months ended in Dec. 2023 was $8.217. 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 $11.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mattr Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mattr'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.

Mattr Cyclically Adjusted PB Ratio Chart

Mattr 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 0.85 0.24 0.33 0.92 0.99

Mattr 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 0.92 0.82 1.26 1.04 0.99

Competitive Comparison of Mattr's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, Mattr'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.


Mattr's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mattr's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mattr 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.

Mattr's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.47326/11.56
=1.08

* 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.

Mattr's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mattr'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)
=8.217/125.4675*125.4675
=8.217

Current CPI (Dec. 2023) = 125.4675.

Mattr Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.809 98.604 13.754
201406 11.529 99.473 14.542
201409 13.551 99.394 17.106
201412 13.087 98.367 16.693
201503 12.780 99.789 16.069
201506 12.648 100.500 15.790
201509 12.652 100.421 15.808
201512 12.633 99.947 15.859
201603 12.624 101.054 15.674
201606 12.172 102.002 14.972
201609 9.945 101.765 12.261
201612 11.125 101.449 13.759
201703 11.120 102.634 13.594
201706 11.188 103.029 13.625
201709 11.941 103.345 14.497
201712 11.633 103.345 14.123
201803 11.671 105.004 13.945
201806 11.434 105.557 13.591
201809 11.320 105.636 13.445
201812 11.299 105.399 13.450
201903 10.992 106.979 12.892
201906 11.302 107.690 13.168
201909 11.294 107.611 13.168
201912 10.231 107.769 11.911
202003 7.829 107.927 9.101
202006 7.401 108.401 8.566
202009 7.308 108.164 8.477
202012 7.900 108.559 9.130
202103 7.769 110.298 8.838
202106 7.952 111.720 8.931
202109 7.744 112.905 8.606
202112 7.086 113.774 7.814
202203 6.983 117.646 7.447
202206 7.160 120.806 7.436
202209 7.236 120.648 7.525
202212 7.327 120.964 7.600
202303 7.569 122.702 7.740
202306 7.655 124.203 7.733
202309 8.425 125.230 8.441
202312 8.217 125.468 8.217

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.


Mattr  (OTCPK:MTTRF) 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.


Mattr Cyclically Adjusted PB Ratio Related Terms

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


Mattr (MTTRF) Business Description

Industry
Traded in Other Exchanges
Address
25 Bethridge Road, Toronto, ON, CAN, M9W 1M7
Mattr Corp is a global materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy, and electrification. The company operates through a network of fixed and mobile manufacturing facilities. Its three business segments are Composite Technologies, Connection Technologies, and Pipeline & Pipe Services enable responsible renewal and enhancement of critical infrastructure while lowering risk and environmental impact.