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Marcus (Marcus) Cyclically Adjusted PB Ratio : 0.60 (As of May. 17, 2024)


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What is Marcus Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Marcus's current share price is $10.90. Marcus's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $18.22. Marcus's Cyclically Adjusted PB Ratio for today is 0.60.

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

MCS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.35   Max: 3.15
Current: 0.61

During the past years, Marcus's highest Cyclically Adjusted PB Ratio was 3.15. The lowest was 0.48. And the median was 1.35.

MCS's Cyclically Adjusted PB Ratio is ranked better than
70.99% of 655 companies
in the Media - Diversified industry
Industry Median: 1.13 vs MCS: 0.61

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.

Marcus's adjusted book value per share data for the three months ended in Mar. 2024 was $14.285. 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 $18.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marcus Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marcus'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.

Marcus Cyclically Adjusted PB Ratio Chart

Marcus Annual Data
Trend May14 May15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 0.88 1.09 0.83 0.81

Marcus 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 0.91 0.83 0.86 0.81 0.78

Competitive Comparison of Marcus's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Marcus'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.


Marcus's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marcus's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Marcus 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.90/18.22
=0.60

* 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.

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

For example, Marcus'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)
=14.285/131.7762*131.7762
=14.285

Current CPI (Mar. 2024) = 131.7762.

Marcus Quarterly Data

Book Value per Share CPI Adj_Book
201405 11.950 100.373 15.689
201408 12.324 100.352 16.183
201411 12.435 99.635 16.446
201502 12.466 99.032 16.588
201505 12.477 100.333 16.387
201508 12.908 100.548 16.917
201511 13.003 100.135 17.112
201603 13.193 100.470 17.304
201606 13.461 101.688 17.444
201609 13.880 101.861 17.956
201612 14.098 101.863 18.238
201703 14.343 102.862 18.375
201706 14.622 103.349 18.644
201709 14.916 104.136 18.875
201712 15.977 104.011 20.242
201803 16.065 105.290 20.106
201806 16.650 106.317 20.637
201809 17.048 106.507 21.093
201812 17.284 105.998 21.487
201903 19.363 107.251 23.791
201906 19.808 108.070 24.153
201909 20.132 108.329 24.489
201912 20.081 108.420 24.407
202003 19.272 108.902 23.320
202006 18.445 108.767 22.347
202009 17.350 109.815 20.820
202012 16.054 109.897 19.250
202103 14.586 111.754 17.199
202106 13.928 114.631 16.011
202109 14.077 115.734 16.028
202112 14.434 117.630 16.170
202203 13.976 121.301 15.183
202206 14.374 125.017 15.151
202209 14.511 125.227 15.270
202212 14.465 125.222 15.222
202303 14.149 127.348 14.641
202306 14.566 128.729 14.911
202309 14.920 129.860 15.140
202312 14.853 129.419 15.123
202403 14.285 131.776 14.285

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.


Marcus  (NYSE:MCS) 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.


Marcus Cyclically Adjusted PB Ratio Related Terms

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


Marcus (Marcus) Business Description

Traded in Other Exchanges
Address
100 East Wisconsin Avenue, Suite 1900, Milwaukee, WI, USA, 53202-4125
Marcus Corp is engaged in two business segments, which are Theatres and Hotels and Resorts. The Theatre segment operates multiscreen motion picture theatres in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota and Ohio, a family entertainment center in Wisconsin and a retail center in Missouri; Hotels and Resorts segment owns and operates full-service hotels and resorts in Wisconsin, Illinois, Oklahoma, and Nebraska and manages full-service hotels, resorts and other properties in Wisconsin, Minnesota, Texas, Nevada, California, and North Carolina. It generates maximum revenue from the Theatres segment.
Executives
Michael Reade Evans officer: Pres., Marcus Hotels & Resorts 100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Mark A Gramz officer: Pres., Marcus Theatres Corp* 100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Austin M Ramirez director ONE MAIN STREET, EVANSVILLE IN 47708
Brian Jay Stark director 3600 SOUTH LAKE DRIVE, ST. FRANCIS WI 53235
Katherine M. Gehl director C/O GEHL FOODS, N116 W15970 MAIN STREET, GERMANTOWN WI 53022
Bruce J Olson director, officer: Group Vice President
Thomas F Kissinger officer: General Counsel and Secretary
Chad M Paris officer: CFO & Treasurer 833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Gregory S Marcus officer: Senior Vice President 100 EAST WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202-4125
Diane M Gershowitz director, 10 percent owner
Rolando B Rodriguez officer: Pres. & CEO - Marcus Theatres C/O AMC ENTERTAINMENT INC, 920 MAIN ST, KANSAS CITY MO 64105
Douglas A Neis officer: CFO and Treasurer
David M Baum director 784 MORRIS TURNPIKE #367, SHORT HILLS NJ 07078
Vss-southern Holdings Llc 10 percent owner C/O VERONIS SUHLER STEVENSON, 390 PARK AVENUE, NEW YORK NY 10022
Philip L Milstein director 390 PARK AVENUE, SUITE 600, NEW YORK NY 10022