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Mannatech (Mannatech) Cyclically Adjusted Book per Share : $14.34 (As of Mar. 2024)


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What is Mannatech 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.

Mannatech's adjusted book value per share for the three months ended in Mar. 2024 was $5.542. 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 $14.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mannatech's average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -5.20% 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 Mannatech was 5.40% per year. The lowest was -10.90% per year. And the median was -1.80% per year.

As of today (2024-05-23), Mannatech's current stock price is $7.66. Mannatech's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.34. Mannatech's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mannatech was 3.14. The lowest was 0.44. And the median was 1.07.


Mannatech Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mannatech'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.

Mannatech Cyclically Adjusted Book per Share Chart

Mannatech 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 12.89 12.44 13.25 14.19 14.24

Mannatech 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 14.38 14.43 14.44 14.24 14.34

Competitive Comparison of Mannatech's Cyclically Adjusted Book per Share

For the Food Distribution subindustry, Mannatech'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.


Mannatech's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mannatech's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mannatech 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, Mannatech'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)
=5.542/131.7762*131.7762
=5.542

Current CPI (Mar. 2024) = 131.7762.

Mannatech Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.995 100.560 11.787
201409 10.891 100.428 14.291
201412 11.725 99.070 15.596
201503 12.277 99.621 16.240
201506 13.402 100.684 17.541
201509 13.656 100.392 17.925
201512 14.378 99.792 18.986
201603 14.821 100.470 19.439
201606 14.665 101.688 19.004
201609 15.646 101.861 20.241
201612 14.462 101.863 18.709
201703 14.776 102.862 18.929
201706 15.052 103.349 19.192
201709 15.388 104.136 19.472
201712 14.888 104.011 18.862
201803 14.803 105.290 18.527
201806 13.012 106.317 16.128
201809 11.705 106.507 14.482
201812 10.635 105.998 13.221
201903 10.707 107.251 13.155
201906 11.386 108.070 13.884
201909 10.330 108.329 12.566
201912 11.455 108.420 13.923
202003 11.860 108.902 14.351
202006 11.726 108.767 14.207
202009 12.563 109.815 15.075
202012 12.540 109.897 15.037
202103 12.768 111.754 15.056
202106 12.539 114.631 14.414
202109 13.089 115.734 14.903
202112 12.579 117.630 14.092
202203 12.171 121.301 13.222
202206 11.075 125.017 11.674
202209 9.926 125.227 10.445
202212 7.626 125.222 8.025
202303 7.393 127.348 7.650
202306 6.238 128.729 6.386
202309 5.752 129.860 5.837
202312 5.636 129.419 5.739
202403 5.542 131.776 5.542

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


Mannatech  (NAS:MTEX) 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.

Mannatech's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.66/14.34
=0.53

* 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 Mannatech was 3.14. The lowest was 0.44. And the median was 1.07.


Be Aware

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


Mannatech Cyclically Adjusted Book per Share Related Terms

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


Mannatech (Mannatech) Business Description

Traded in Other Exchanges
N/A
Address
1410 Lakeside Parkway, Suite 200, Flower Mound, TX, USA, 75028
Mannatech Inc is a wellness solution provider. The company develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products that target optimal health and wellness. Mannatech sells products in three regions: the Americas (the United States, Canada, and Mexico); Europe/the Middle East/Africa (EMEA) (Austria, the Czech Republic, Denmark, Estonia, Finland, Germany, the Republic of Ireland, Namibia, the Netherlands, Norway, South Africa, Spain, Sweden, and the United Kingdom); and Asia/Pacific (Australia, Japan, New Zealand, the Republic of Korea, Singapore, Taiwan, Hong Kong, and China). Mannatech generates the majority of its revenue from Asia/Pacific, followed by the Americas.
Executives
Alfredo Bala officer: CEO and President 28 CITY VIEW CIRCLE, NORTH PROVIDENCE RI 02911
Larry A Jobe director 2951 KINWEST PARKWAY, IRVING TX 75063
Kevin Andrew Robbins director 600 S. ROYAL LANE, STE. 200, COPPELL TX 75019
Seifrick A John director 3443 WEST LAWTHER DRIVE, DALLAS TX 75214
J Stanley Fredrick director, 10 percent owner 1601 BRYAN STREET, 30TH FLOOR, DALLAS TX 75201
Gerald E Gilbert director
Tyler Rameson director 300 SHEFFIELD DRIVE, SANTA BARBARA CA 93108
Erin Kemmler Barta officer: General Counsel 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Ronald Dale Norman officer: Sr VP Treasury 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Joel R. Bikman officer: COO 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Yong Jae Park officer: Regional President 600 S ROYAL LANE, SUITE 200, COPPELL TX 75019
Christopher J. Simons officer: Regional President 600 S ROYAL LANE, SUITE 200, COPPELL TX 75019
David Allen Johnson officer: Chief Financial Officer 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Robert Toth director
Eric W Schrier director MANNATECH, INCORPORATED, 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019

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