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Mission Ready Solutions (Mission Ready Solutions) Cyclically Adjusted PB Ratio : 0.02 (As of May. 28, 2024)


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What is Mission Ready Solutions Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Mission Ready Solutions's current share price is $0.0009. Mission Ready Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was $0.04. Mission Ready Solutions's Cyclically Adjusted PB Ratio for today is 0.02.

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

MSNVF's Cyclically Adjusted PB Ratio is not ranked *
in the Aerospace & Defense industry.
Industry Median: 2.38
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Mission Ready Solutions's adjusted book value per share data for the three months ended in Mar. 2023 was $-0.033. 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 $0.04 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mission Ready Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mission Ready Solutions'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.

Mission Ready Solutions Cyclically Adjusted PB Ratio Chart

Mission Ready Solutions Annual Data
Trend Oct13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.15 2.98 4.39 1.69

Mission Ready Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 4.30 2.64 2.01 1.69 1.93

Competitive Comparison of Mission Ready Solutions's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Mission Ready Solutions'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.


Mission Ready Solutions's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mission Ready Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mission Ready Solutions 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.

Mission Ready Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0009/0.04
=0.02

* 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.

Mission Ready Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Mission Ready Solutions's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.033/122.7021*122.7021
=-0.033

Current CPI (Mar. 2023) = 122.7021.

Mission Ready Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201304 0.101 96.945 0.128
201307 0.106 97.261 0.134
201310 0.088 97.182 0.111
201403 0.035 98.604 0.044
201406 0.035 99.473 0.043
201409 0.029 99.394 0.036
201412 0.048 98.367 0.060
201503 0.050 99.789 0.061
201506 0.052 100.500 0.063
201509 0.051 100.421 0.062
201512 0.043 99.947 0.053
201603 0.036 101.054 0.044
201606 0.029 102.002 0.035
201609 0.022 101.765 0.027
201612 0.009 101.449 0.011
201703 0.005 102.634 0.006
201706 0.001 103.029 0.001
201709 0.020 103.345 0.024
201712 0.024 103.345 0.028
201803 0.018 105.004 0.021
201806 0.013 105.557 0.015
201809 0.012 105.636 0.014
201812 0.002 105.399 0.002
201903 0.010 106.979 0.011
201906 0.041 107.690 0.047
201909 0.036 107.611 0.041
201912 0.026 107.769 0.030
202003 0.020 107.927 0.023
202006 0.021 108.401 0.024
202009 0.020 108.164 0.023
202012 0.028 108.559 0.032
202103 0.058 110.298 0.065
202106 0.052 111.720 0.057
202109 0.050 112.905 0.054
202112 0.044 113.774 0.047
202203 0.051 117.646 0.053
202206 0.044 120.806 0.045
202209 0.034 120.648 0.035
202212 -0.031 120.964 -0.031
202303 -0.033 122.702 -0.033

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.


Mission Ready Solutions  (OTCPK:MSNVF) 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.


Mission Ready Solutions Cyclically Adjusted PB Ratio Related Terms

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Mission Ready Solutions (Mission Ready Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Mission Ready Solutions Inc provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, mission-critical products and services for law enforcement, firefighters, first responders, the military, and other governmental agencies. Its wholly-owned subsidiary, Unifire Inc, leverages its robust vendor network, industry relationships, proprietary technology infrastructure, and manufacturing and distribution capabilities to efficiently source and deliver more than 1.5 million products. The company has two reportable business segments in the defense, security, and first-responder markets: consulting and manufacturer representation; and inspection, cleaning, and repair services of protective services gear.