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Malibu Boats (FRA:M05) Cyclically Adjusted PB Ratio : 3.01 (As of Jun. 05, 2024)


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What is Malibu Boats Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Malibu Boats's current share price is €35.62. Malibu Boats's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.83. Malibu Boats's Cyclically Adjusted PB Ratio for today is 3.01.

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

FRA:M05' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.51   Med: 5.97   Max: 10.6
Current: 3.02

During the past years, Malibu Boats's highest Cyclically Adjusted PB Ratio was 10.60. The lowest was 2.51. And the median was 5.97.

FRA:M05's Cyclically Adjusted PB Ratio is ranked worse than
74.85% of 990 companies
in the Vehicles & Parts industry
Industry Median: 1.35 vs FRA:M05: 3.02

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.

Malibu Boats's adjusted book value per share data for the three months ended in Mar. 2024 was €25.080. 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 €11.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malibu Boats Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Malibu Boats'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.

Malibu Boats Cyclically Adjusted PB Ratio Chart

Malibu Boats Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 6.65 5.66

Malibu Boats 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 5.88 5.66 4.33 4.51 3.33

Competitive Comparison of Malibu Boats's Cyclically Adjusted PB Ratio

For the Recreational Vehicles subindustry, Malibu Boats'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.


Malibu Boats's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Malibu Boats's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Malibu Boats 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.

Malibu Boats's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.62/11.83
=3.01

* 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.

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

For example, Malibu Boats'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)
=25.08/131.7762*131.7762
=25.080

Current CPI (Mar. 2024) = 131.7762.

Malibu Boats Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.282 100.560 1.680
201409 1.242 100.428 1.630
201412 1.566 99.070 2.083
201503 2.014 99.621 2.664
201506 -0.130 100.684 -0.170
201509 -0.624 100.392 -0.819
201512 -0.290 99.792 -0.383
201603 0.025 100.470 0.033
201606 0.772 101.688 1.000
201609 0.912 101.861 1.180
201612 1.368 101.863 1.770
201703 2.036 102.862 2.608
201706 2.347 103.349 2.993
201709 4.600 104.136 5.821
201712 4.355 104.011 5.518
201803 4.815 105.290 6.026
201806 5.596 106.317 6.936
201809 6.088 106.507 7.532
201812 6.840 105.998 8.503
201903 7.821 107.251 9.609
201906 8.668 108.070 10.569
201909 9.191 108.329 11.180
201912 9.855 108.420 11.978
202003 10.800 108.902 13.069
202006 10.976 108.767 13.298
202009 11.430 109.815 13.716
202012 11.959 109.897 14.340
202103 13.637 111.754 16.080
202106 14.868 114.631 17.092
202109 16.328 115.734 18.591
202112 18.086 117.630 20.261
202203 20.257 121.301 22.006
202206 23.218 125.017 24.473
202209 26.289 125.227 27.664
202212 26.137 125.222 27.505
202303 28.258 127.348 29.241
202306 27.232 128.729 27.877
202309 28.437 129.860 28.857
202312 28.014 129.419 28.524
202403 25.080 131.776 25.080

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.


Malibu Boats  (FRA:M05) 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.


Malibu Boats Cyclically Adjusted PB Ratio Related Terms

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


Malibu Boats (FRA:M05) Business Description

Traded in Other Exchanges
Address
5075 Kimberly Way, Loudon, TN, USA, 37774
Malibu Boats is a leading designer and manufacturer of power boats in the United States. It is the market leader in performance sport boats, sold under its Malibu and Axis brands. It acquired Cobalt Boats, a leading producer of sterndrive boats in the U.S. in the 24-foot to 29-foot segment, and Pursuit Boats, which makes high-end offshore and outboard motorboats in 2018. In 2021, it purchased Maverick Boat Group, a leading seller of flat fishing boats, with exposure to bay, dual-console, and center-console boats. Malibu has also expanded into boat trailers and accessories, and in 2020 began producing its own engines (Monsoon) for its performance sport boats and now for Cobalt. Malibu's target market includes a wide range of water enthusiasts who embrace the active outdoor lifestyle.

Malibu Boats (FRA:M05) Headlines

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