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Mr. Cooper Group (FRA:07WA) Cyclically Adjusted Book per Share : €29.50 (As of Mar. 2024)


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What is Mr. Cooper Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Mr. Cooper Group's adjusted book value per share for the three months ended in Mar. 2024 was €62.618. 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 €29.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mr. Cooper Group's average Cyclically Adjusted Book Growth Rate was 28.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 30.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -18.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -26.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Mr. Cooper Group was 30.80% per year. The lowest was -53.20% per year. And the median was 8.05% per year.

As of today (2024-06-08), Mr. Cooper Group's current stock price is €74.54. Mr. Cooper Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €29.50. Mr. Cooper Group's Cyclically Adjusted PB Ratio of today is 2.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mr. Cooper Group was 2.95. The lowest was 0.03. And the median was 0.15.


Mr. Cooper Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mr. Cooper Group's Cyclically Adjusted Book per Share 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.

Mr. Cooper Group Cyclically Adjusted Book per Share Chart

Mr. Cooper Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.16 10.25 15.24 21.30 27.19

Mr. Cooper Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 21.66 24.28 26.88 27.19 29.50

Competitive Comparison of Mr. Cooper Group's Cyclically Adjusted Book per Share

For the Mortgage Finance subindustry, Mr. Cooper Group'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.


Mr. Cooper Group's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mr. Cooper Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mr. Cooper Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Mr. Cooper Group'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)
=62.618/131.7762*131.7762
=62.618

Current CPI (Mar. 2024) = 131.7762.

Mr. Cooper Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.312 100.560 5.651
201409 4.491 100.428 5.893
201412 4.244 99.070 5.645
201503 4.925 99.621 6.515
201506 0.637 100.684 0.834
201509 0.210 100.392 0.276
201512 0.522 99.792 0.689
201603 3.188 100.470 4.181
201606 4.091 101.688 5.301
201609 3.009 101.861 3.893
201612 10.701 101.863 13.844
201703 11.284 102.862 14.456
201706 9.399 103.349 11.984
201709 10.517 104.136 13.309
201712 84.127 104.011 106.584
201803 4.139 105.290 5.180
201806 4.077 106.317 5.053
201809 98.633 106.507 122.034
201812 94.544 105.998 117.537
201903 17.097 107.251 21.007
201906 16.282 108.070 19.854
201909 17.602 108.329 21.412
201912 22.046 108.420 26.795
202003 20.363 108.902 24.640
202006 20.743 108.767 25.131
202009 21.855 109.815 26.226
202012 22.988 109.897 27.565
202103 28.322 111.754 33.396
202106 32.271 114.631 37.098
202109 36.886 115.734 41.999
202112 40.365 117.630 45.219
202203 48.853 121.301 53.072
202206 53.325 125.017 56.208
202209 58.809 125.227 61.885
202212 55.344 125.222 58.241
202303 54.749 127.348 56.653
202306 56.361 128.729 57.695
202309 61.289 129.860 62.194
202312 60.783 129.419 61.890
202403 62.618 131.776 62.618

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Mr. Cooper Group  (FRA:07WA) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Mr. Cooper Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=74.54/29.5
=2.53

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mr. Cooper Group was 2.95. The lowest was 0.03. And the median was 0.15.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Mr. Cooper Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Mr. Cooper Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mr. Cooper Group (FRA:07WA) Business Description

Industry
Traded in Other Exchanges
Address
8950 Cypress Waters Boulevard, Coppell, TX, USA, 75019
Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has two operating segments namely Servicing segment which performs operational activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, and customer service and The Originations segment originates residential mortgage loans through a direct-to-consumer channel, which provides refinance options for existing customers, and through a correspondent channel, which purchases or originates loans from mortgage bankers and brokers.

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