GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » The Mosaic Co (BSP:MOSC34) » Definitions » Cyclically Adjusted PB Ratio

The Mosaic Co (BSP:MOSC34) Cyclically Adjusted PB Ratio : 0.92 (As of Jun. 02, 2024)


View and export this data going back to 2015. Start your Free Trial

What is The Mosaic Co Cyclically Adjusted PB Ratio?

As of today (2024-06-02), The Mosaic Co's current share price is R$26.46. The Mosaic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$28.72. The Mosaic Co's Cyclically Adjusted PB Ratio for today is 0.92.

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

BSP:MOSC34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.14   Max: 3.55
Current: 0.9

During the past years, The Mosaic Co's highest Cyclically Adjusted PB Ratio was 3.55. The lowest was 0.33. And the median was 1.14.

BSP:MOSC34's Cyclically Adjusted PB Ratio is ranked better than
72.43% of 185 companies
in the Agriculture industry
Industry Median: 1.6 vs BSP:MOSC34: 0.90

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.

The Mosaic Co's adjusted book value per share data for the three months ended in Mar. 2024 was R$31.038. 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 R$28.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Mosaic Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Mosaic 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.

The Mosaic Co Cyclically Adjusted PB Ratio Chart

The Mosaic 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 0.74 0.78 1.25 1.33 1.06

The Mosaic Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.37 1.03 1.05 1.06 0.94

Competitive Comparison of The Mosaic Co's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, The Mosaic 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.


The Mosaic Co's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, The Mosaic Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Mosaic 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.

The Mosaic Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.46/28.72
=0.92

* 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.

The Mosaic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The Mosaic Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=31.038/131.7762*131.7762
=31.038

Current CPI (Mar. 2024) = 131.7762.

The Mosaic Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.007 100.560 14.424
201409 11.429 100.428 14.997
201412 12.822 99.070 17.055
201503 14.514 99.621 19.199
201506 14.732 100.684 19.281
201509 17.743 100.392 23.290
201512 17.489 99.792 23.094
201603 17.614 100.470 23.102
201606 16.236 101.688 21.040
201609 15.229 101.861 19.702
201612 14.582 101.863 18.864
201703 14.288 102.862 18.304
201706 15.264 103.349 19.463
201709 15.042 104.136 19.035
201712 15.045 104.011 19.061
201803 14.825 105.290 18.554
201806 16.625 106.317 20.606
201809 18.549 106.507 22.950
201812 17.458 105.998 21.704
201903 17.590 107.251 21.612
201906 17.442 108.070 21.268
201909 18.247 108.329 22.196
201912 16.590 108.420 20.164
202003 18.019 108.902 21.804
202006 19.373 108.767 23.471
202009 20.258 109.815 24.309
202012 21.672 109.897 25.987
202103 23.806 111.754 28.071
202106 22.807 114.631 26.218
202109 24.174 115.734 27.525
202112 27.104 117.630 30.364
202203 26.665 121.301 28.968
202206 28.082 125.017 29.600
202209 29.729 125.227 31.284
202212 31.081 125.222 32.708
202303 31.090 127.348 32.171
202306 30.205 128.729 30.920
202309 30.210 129.860 30.656
202312 30.967 129.419 31.531
202403 31.038 131.776 31.038

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 Mosaic Co  (BSP:MOSC34) 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 Mosaic Co Cyclically Adjusted PB Ratio Related Terms

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


The Mosaic Co (BSP:MOSC34) Business Description

Traded in Other Exchanges
Address
101 East Kennedy Boulevard, Suite 2500, Tampa, FL, USA, 33602
Formed in 2004 by the combination of IMC Global and Cargill's fertilizer business, Mosaic is one of the largest phosphate and potash producers in the world. The company's assets include phosphate rock mines in Florida, Brazil, and Peru and potash mines in Saskatchewan, New Mexico, and Brazil. Mosaic also runs a large fertilizer distribution operation in Brazil through its Mosiac Fertilizantes business, which the company acquired from Vale in 2018.

The Mosaic Co (BSP:MOSC34) Headlines

No Headlines