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MGT Capital Investments (MGT Capital Investments) Cyclically Adjusted PB Ratio : 0.00 (As of Jun. 05, 2024)


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What is MGT Capital Investments Cyclically Adjusted PB Ratio?

As of today (2024-06-05), MGT Capital Investments's current share price is $0.0007. MGT Capital Investments's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.23. MGT Capital Investments's Cyclically Adjusted PB Ratio for today is 0.00.

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

During the past years, MGT Capital Investments's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.01. And the median was 0.05.

MGTI's Cyclically Adjusted PB Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 1.17
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

MGT Capital Investments's adjusted book value per share data for the three months ended in Dec. 2023 was $-0.010. 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 $0.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MGT Capital Investments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MGT Capital Investments'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.

MGT Capital Investments Cyclically Adjusted PB Ratio Chart

MGT Capital Investments 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 0.02 0.16 0.05 0.01 0.02

MGT Capital Investments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.01 0.02 0.01 0.02 0.02

Competitive Comparison of MGT Capital Investments's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, MGT Capital Investments'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.


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

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

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



MGT Capital Investments 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.

MGT Capital Investments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0007/0.23
=0.00

* 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.

MGT Capital Investments's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, MGT Capital Investments's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.01/129.4194*129.4194
=-0.010

Current CPI (Dec. 2023) = 129.4194.

MGT Capital Investments Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.100 99.695 1.428
201406 0.995 100.560 1.281
201409 0.953 100.428 1.228
201412 0.825 99.070 1.078
201503 0.679 99.621 0.882
201506 0.606 100.684 0.779
201509 0.477 100.392 0.615
201512 0.337 99.792 0.437
201603 0.286 100.470 0.368
201606 0.161 101.688 0.205
201609 0.121 101.861 0.154
201612 -0.020 101.863 -0.025
201703 0.004 102.862 0.005
201706 0.013 103.349 0.016
201709 0.075 104.136 0.093
201712 0.202 104.011 0.251
201803 0.150 105.290 0.184
201806 0.082 106.317 0.100
201809 0.002 106.507 0.002
201812 -0.012 105.998 -0.015
201903 -0.002 107.251 -0.002
201906 0.011 108.070 0.013
201909 0.009 108.329 0.011
201912 0.008 108.420 0.010
202003 0.006 108.902 0.007
202006 0.003 108.767 0.004
202009 0.002 109.815 0.002
202012 0.001 109.897 0.001
202103 0.002 111.754 0.002
202106 0.001 114.631 0.001
202109 0.001 115.734 0.001
202112 0.002 117.630 0.002
202203 0.000 121.301 0.000
202206 0.001 125.017 0.001
202209 -0.022 125.227 -0.023
202212 -0.005 125.222 -0.005
202303 -0.010 127.348 -0.010
202306 -0.006 128.729 -0.006
202309 -0.005 129.860 -0.005
202312 -0.010 129.419 -0.010

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.


MGT Capital Investments  (OTCPK:MGTI) 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.


MGT Capital Investments Cyclically Adjusted PB Ratio Related Terms

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


MGT Capital Investments (MGT Capital Investments) Business Description

Traded in Other Exchanges
N/A
Address
150 Fayetteville Street, Suite 1110, Raleigh, NC, USA, 27601
MGT Capital Investments Inc is a U.S. based Bitcoin miner company that conducts cryptocurrency activities at a company-owned and managed Bitcoin mining facility in LaFayette, Georgia. Located adjacent to a utility substation, the several-acre property has access to about 20 megawatts (MW) of electrical power, half of which is presently utilized by the Company. Business activities are comprised of self-mining operations and leasing space to third parties.
Executives
Stephen Schaeffer officer: Chief Operating Officer 512 S. MANGUM STREET, SUITE 408, DURHAM NC 27701
Robert Ladd director, 10 percent owner C/O LADDCAP VALUE ADVISORS LLC, 650 FIFTH AVENUE, SUITE 600, NEW YORK NY 10019
Robert S Lowrey officer: CFO, Treasurer, Secretary 512 S MAGNUM STREET, STE 408, DURHAM NC 27701
Nolan K Bushnell director 5443 BEETHOVEN ST, LOS ANGELES CA 90066
Hugh Robert Holmes director 500 MAMARONECK AVENUE, SUITE 204, HARRISON NY 10528
Iroquois Master Fund Ltd. 10 percent owner 641 LEXINGTON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Joshua Silverman 10 percent owner IROQUOIS CAPITAL MANAGEMENT LLC, 205 EAST 42ND ST - 20TH FL., NEW YORK NY 10017
Iroquois Capital Management, Llc 10 percent owner 641 LEXINGTON AVENUE, 26TH FLOOR, NEW YORK, NY 10022
Michael Onghai director 122 WEST 26TH ST. 5TH FLOOR, NEW YORK NY 10001
J&s Gaming, Inc. 10 percent owner 12 MAY HILL LANE, DIX HILLS NY 11746
Laddcap Value Partners Iii Llc other: Managing Member 335 MADISON AVENUE, SUITE 1100, NEW YORK NY 10017
Robert Paul Traversa officer: Chief Financial Officer C/O MGT CAPITAL INVESTMENTS, INC., 500 MAMARONECK AVENUE, SUITE 204, HARRISON NY 10528
Neal Wyman director KENSINGTON CENTRE, 66 HAMMERSMITH ROAD, LONDON X0 W14 8UD
Peter Venton director KENSINGTON CENTRE, 66 HAMMERSMITH ROAD, LONDON X0 W14 8UD
Richard Wolfe Cohen director ONE NORTH BROADWAY, SUITE 509, WHITE PLAINS NY 10601

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