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Mr. Cooper Group (FRA:07WA) Cyclically Adjusted PB Ratio : 2.53 (As of Jun. 08, 2024)


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What is Mr. Cooper Group Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Mr. Cooper Group's current share 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 for today is 2.53.

The historical rank and industry rank for Mr. Cooper Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:07WA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.15   Max: 2.95
Current: 2.58

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

FRA:07WA's Cyclically Adjusted PB Ratio is ranked worse than
92.38% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs FRA:07WA: 2.58

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mr. Cooper Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mr. Cooper Group'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.

Mr. Cooper Group Cyclically Adjusted PB Ratio Chart

Mr. Cooper Group 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 0.28 2.34 2.39 1.74 2.20

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 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 1.65 1.91 1.90 2.20 2.46

Competitive Comparison of Mr. Cooper Group's Cyclically Adjusted PB Ratio

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 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.

Mr. Cooper Group's Cyclically Adjusted PB Ratio for 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.

Mr. Cooper Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


Mr. Cooper Group  (FRA:07WA) 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.


Mr. Cooper Group Cyclically Adjusted PB Ratio Related Terms

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


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

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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