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Mountview Estates (LSE:MTVW) Cyclically Adjusted PB Ratio : 0.92 (As of Jun. 07, 2024)


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What is Mountview Estates Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Mountview Estates's current share price is £96.75. Mountview Estates's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was £105.03. Mountview Estates's Cyclically Adjusted PB Ratio for today is 0.92.

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

LSE:MTVW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.42   Max: 2.23
Current: 0.94

During the past 13 years, Mountview Estates's highest Cyclically Adjusted PB Ratio was 2.23. The lowest was 0.91. And the median was 1.42.

LSE:MTVW's Cyclically Adjusted PB Ratio is ranked worse than
60.84% of 1384 companies
in the Real Estate industry
Industry Median: 0.705 vs LSE:MTVW: 0.94

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.

Mountview Estates's adjusted book value per share data of for the fiscal year that ended in Mar23 was £100.207. 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 £105.03 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mountview Estates Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mountview Estates'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.

Mountview Estates Cyclically Adjusted PB Ratio Chart

Mountview Estates Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.20 1.30 1.42 1.04

Mountview Estates Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.42 - 1.04 -

Competitive Comparison of Mountview Estates's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Mountview Estates'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.


Mountview Estates's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mountview Estates's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mountview Estates 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.

Mountview Estates's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=96.75/105.03
=0.92

* 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.

Mountview Estates's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Mountview Estates's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=100.207/126.8000*126.8000
=100.207

Current CPI (Mar23) = 126.8000.

Mountview Estates Annual Data

Book Value per Share CPI Adj_Book
201403 68.118 99.300 86.983
201503 73.778 99.600 93.926
201603 79.957 100.400 100.982
201703 86.247 102.700 106.486
201803 90.911 105.100 109.681
201903 94.094 107.000 111.506
202003 97.351 108.600 113.666
202103 101.275 109.700 117.062
202203 100.919 116.500 109.841
202303 100.207 126.800 100.207

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.


Mountview Estates  (LSE:MTVW) 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.


Mountview Estates Cyclically Adjusted PB Ratio Related Terms

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Mountview Estates (LSE:MTVW) Business Description

Traded in Other Exchanges
Address
151 High Street, Mountview House, Southgate, London, GBR, N14 6EW
Mountview Estates PLC is a property trading company. The company owns and acquires tenanted residential property throughout the United Kingdom and sells such property when it becomes vacant. Its operating segment includes Property Trading and Property Investment. The company derives maximum revenue from the Property Trading segment. It generates revenue from sales of properties, and rental income from properties held as trading stock, investment, and others.

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