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Moelis (Moelis) Cyclically Adjusted PB Ratio : 6.25 (As of May. 22, 2024)


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What is Moelis Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Moelis's current share price is $58.01. Moelis's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $9.28. Moelis's Cyclically Adjusted PB Ratio for today is 6.25.

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

MC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.01   Med: 4.25   Max: 6.13
Current: 6.13

During the past years, Moelis's highest Cyclically Adjusted PB Ratio was 6.13. The lowest was 3.01. And the median was 4.25.

MC's Cyclically Adjusted PB Ratio is ranked worse than
89.09% of 486 companies
in the Capital Markets industry
Industry Median: 1.18 vs MC: 6.13

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.

Moelis's adjusted book value per share data for the three months ended in Mar. 2024 was $5.180. 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 $9.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moelis Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Moelis'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.

Moelis Cyclically Adjusted PB Ratio Chart

Moelis 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 - - - 3.75 5.83

Moelis 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 3.74 4.41 4.40 5.83 6.12

Competitive Comparison of Moelis's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Moelis'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.


Moelis's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Moelis's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Moelis 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.

Moelis's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=58.01/9.28
=6.25

* 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.

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

For example, Moelis'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)
=5.18/131.7762*131.7762
=5.180

Current CPI (Mar. 2024) = 131.7762.

Moelis Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.642 100.560 6.083
201409 5.228 100.428 6.860
201412 5.729 99.070 7.620
201503 5.976 99.621 7.905
201506 6.708 100.684 8.780
201509 7.478 100.392 9.816
201512 8.298 99.792 10.958
201603 8.168 100.470 10.713
201606 9.186 101.688 11.904
201609 10.160 101.861 13.144
201612 10.295 101.863 13.318
201703 9.996 102.862 12.806
201706 10.083 103.349 12.856
201709 10.101 104.136 12.782
201712 9.710 104.011 12.302
201803 8.256 105.290 10.333
201806 9.202 106.317 11.406
201809 8.103 106.507 10.025
201812 8.865 105.998 11.021
201903 7.304 107.251 8.974
201906 7.496 108.070 9.140
201909 8.382 108.329 10.196
201912 8.853 108.420 10.760
202003 7.775 108.902 9.408
202006 7.614 108.767 9.225
202009 8.439 109.815 10.127
202012 8.271 109.897 9.918
202103 7.851 111.754 9.258
202106 6.756 114.631 7.766
202109 8.476 115.734 9.651
202112 7.807 117.630 8.746
202203 6.836 121.301 7.426
202206 6.782 125.017 7.149
202209 6.728 125.227 7.080
202212 6.946 125.222 7.310
202303 6.176 127.348 6.391
202306 5.860 128.729 5.999
202309 5.506 129.860 5.587
202312 5.281 129.419 5.377
202403 5.180 131.776 5.180

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.


Moelis  (NYSE:MC) 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.


Moelis Cyclically Adjusted PB Ratio Related Terms

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


Moelis (Moelis) Business Description

Traded in Other Exchanges
Address
399 Park Avenue, 4th Floor, New York, NY, USA, 10022
Moelis & Co is an independent investment bank that provides strategic and financial advice to a diverse client base, including corporations, financial sponsors, governments, and sovereign wealth funds. The company assists its clients in achieving their strategic goals by offering comprehensive, globally integrated financial advisory services across all industry sectors. It also advises clients on their critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. it generates revenue from advisory transactions. The firm derives a majority of its revenue from the United States followed by Europe and the rest of the World.
Executives
Kenneth Moelis director, 10 percent owner, officer: Chairman and CEO C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Ciafone Katherine Pilcher officer: Chief Operating Officer 399 PARK AVE, NEW YORK NY 10022
Kenneth Shropshire director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10011
Elizabeth Crain officer: Chief Operating Officer C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Navid Mahmoodzadegan director, officer: Managing Director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Osamu R. Watanabe officer: General Counsel and Secretary C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Jeffrey Raich director, officer: Managing Director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Christopher Callesano officer: SVP & Principal Acct Officer C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Laila Worrell director 399 PARK AVENUE, NEW YORK NY 10022
Joseph Simon officer: Chief Financial Officer C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Yolonda C Richardson director 399 PARK AVENUE, NEW YORK NY 10022
Leaman J Richard Iii director, officer: Managing Partner C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
John A Allison director PO BOX 1250, WINSTON SALEM NC 27102-1250
Yvonne Greenstreet director PACIRA PHARMACEUTICALS, INC., 5 SYLVAN WAY, PARSIPPANY NJ 07054
Eric Cantor director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022