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The Mosaic Co (FRA:02M) Cyclically Adjusted PB Ratio : 0.89 (As of May. 15, 2024)


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What is The Mosaic Co Cyclically Adjusted PB Ratio?

As of today (2024-05-15), The Mosaic Co's current share price is €27.125. The Mosaic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €30.52. The Mosaic Co's Cyclically Adjusted PB Ratio for today is 0.89.

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

FRA:02M' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.15   Max: 3.67
Current: 0.89

During the past years, The Mosaic Co's highest Cyclically Adjusted PB Ratio was 3.67. The lowest was 0.33. And the median was 1.15.

FRA:02M's Cyclically Adjusted PB Ratio is ranked better than
71.26% of 167 companies
in the Agriculture industry
Industry Median: 1.45 vs FRA:02M: 0.89

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 €34.405. 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 €30.52 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 0.96

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
=27.125/30.52
=0.89

* 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)
=34.405/129.4194*129.4194
=34.405

Current CPI (Mar. 2024) = 129.4194.

The Mosaic Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.737 100.560 27.975
201409 22.761 100.428 29.332
201412 23.617 99.070 30.852
201503 25.614 99.621 33.276
201506 25.310 100.684 32.534
201509 24.302 100.392 31.329
201512 24.822 99.792 32.191
201603 25.664 100.470 33.059
201606 25.326 101.688 32.233
201609 25.025 101.861 31.795
201612 24.730 101.863 31.420
201703 25.629 102.862 32.246
201706 24.734 103.349 30.973
201709 24.173 104.136 30.042
201712 23.150 104.011 28.805
201803 22.000 105.290 27.042
201806 22.643 106.317 27.563
201809 23.214 106.507 28.208
201812 23.709 105.998 28.948
201903 24.319 107.251 29.346
201906 24.020 108.070 28.765
201909 24.132 108.329 28.830
201912 21.826 108.420 26.053
202003 20.024 108.902 23.797
202006 19.894 108.767 23.671
202009 19.110 109.815 22.522
202012 20.776 109.897 24.467
202103 21.292 111.754 24.658
202106 22.587 114.631 25.501
202109 23.354 115.734 26.116
202112 25.451 117.630 28.002
202203 29.192 121.301 31.146
202206 31.577 125.017 32.689
202209 34.357 125.227 35.507
202212 33.561 125.222 34.686
202303 33.450 127.348 33.994
202306 34.463 128.729 34.648
202309 34.389 129.860 34.272
202312 34.773 129.419 34.773
202403 34.405 129.419 34.405

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  (FRA:02M) 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 (FRA:02M) Business Description

Industry
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 (FRA:02M) Headlines

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