GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Malibu Boats Inc (NAS:MBUU) » Definitions » Cyclically Adjusted PB Ratio

Malibu Boats (Malibu Boats) Cyclically Adjusted PB Ratio : 2.82 (As of May. 15, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Malibu Boats Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Malibu Boats's current share price is $36.02. Malibu Boats's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $12.77. Malibu Boats's Cyclically Adjusted PB Ratio for today is 2.82.

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

MBUU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.56   Med: 6.02   Max: 10.6
Current: 2.87

During the past years, Malibu Boats's highest Cyclically Adjusted PB Ratio was 10.60. The lowest was 2.56. And the median was 6.02.

MBUU's Cyclically Adjusted PB Ratio is ranked worse than
76.25% of 918 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs MBUU: 2.87

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 $27.273. 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 $12.77 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 3.39

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
=36.02/12.77
=2.82

* 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)
=27.273/129.4194*129.4194
=27.273

Current CPI (Mar. 2024) = 129.4194.

Malibu Boats Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.742 100.560 2.242
201409 1.601 100.428 2.063
201412 1.931 99.070 2.523
201503 2.179 99.621 2.831
201506 -0.146 100.684 -0.188
201509 -0.700 100.392 -0.902
201512 -0.316 99.792 -0.410
201603 0.028 100.470 0.036
201606 0.868 101.688 1.105
201609 1.023 101.861 1.300
201612 1.443 101.863 1.833
201703 2.178 102.862 2.740
201706 2.637 103.349 3.302
201709 5.483 104.136 6.814
201712 5.153 104.011 6.412
201803 5.937 105.290 7.298
201806 6.537 106.317 7.957
201809 7.104 106.507 8.632
201812 7.782 105.998 9.502
201903 8.838 107.251 10.665
201906 9.794 108.070 11.729
201909 10.123 108.329 12.094
201912 10.950 108.420 13.071
202003 11.933 108.902 14.181
202006 12.361 108.767 14.708
202009 13.462 109.815 15.865
202012 14.548 109.897 17.132
202103 16.234 111.754 18.800
202106 17.913 114.631 20.224
202109 19.210 115.734 21.482
202112 20.436 117.630 22.484
202203 22.309 121.301 23.802
202206 24.544 125.017 25.408
202209 26.029 125.227 26.901
202212 27.688 125.222 28.616
202303 30.255 127.348 30.747
202306 29.503 128.729 29.661
202309 30.349 129.860 30.246
202312 30.550 129.419 30.550
202403 27.273 129.419 27.273

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  (NAS:MBUU) 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 (Malibu Boats) 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.
Executives
David Scott Black officer: Interim CFO C/O MALIBU BOATS, INC., 5075 KIMBERLY WAY, LOUDON TN 37774
Ritchie L. Anderson officer: Chief Operating Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Springer Jackie D. Jr. officer: Chief Executive Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Nancy M Taylor director TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Peter E Murphy director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Wayne R. Wilson officer: Chief Financial Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Mark W. Lanigan director, 10 percent owner 5075 KIMBERLY WAY, LOUDON TN 37774
Michael K. Hooks director, 10 percent owner 2000 AVENUE OF THE STARS, LOS ANGELES CA 90067
Joan M Lewis director C/O MALIBU BOATS, INC., 5075 KIMBERLY WAY, LOUDON TN 37774
Deborah S. Kent officer: VP Human Resources 5075 KIMBERLY WAY, LOUDON TN 37774
Phillip S. Estes director 5075 KIMBERLY WAY, LOUDON TN 37774
St Clair William Paxson Jr director, officer: President of Cobalt Boats, LLC 2625 VERONA ROAD, MISSION HILLS KS 66208
Dan L. Gasper officer: VP of Product Design 5075 KIMBERLY WAY, LOUDON TN 37774
Black Canyon Investments, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067
Canyon Value Realization Master Fund, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067

Malibu Boats (Malibu Boats) Headlines