GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Molson Coors Canada Inc (OTCPK:MXGBF) » Definitions » Cyclically Adjusted PB Ratio

Molson Coors Canada (Molson Coors Canada) Cyclically Adjusted PB Ratio : 0.95 (As of Jun. 01, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Molson Coors Canada Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Molson Coors Canada's current share price is $56.8333. Molson Coors Canada's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $59.98. Molson Coors Canada's Cyclically Adjusted PB Ratio for today is 0.95.

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

MXGBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.91   Max: 1.19
Current: 0.86

During the past years, Molson Coors Canada's highest Cyclically Adjusted PB Ratio was 1.19. The lowest was 0.64. And the median was 0.91.

MXGBF's Cyclically Adjusted PB Ratio is ranked better than
73.78% of 164 companies
in the Beverages - Alcoholic industry
Industry Median: 1.955 vs MXGBF: 0.86

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.

Molson Coors Canada's adjusted book value per share data for the three months ended in Mar. 2024 was $61.829. 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 $59.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molson Coors Canada Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Molson Coors Canada'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.

Molson Coors Canada Cyclically Adjusted PB Ratio Chart

Molson Coors Canada 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 1.09 0.84 0.80 0.88 0.95

Molson Coors Canada 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 0.86 1.05 0.99 0.95 1.07

Competitive Comparison of Molson Coors Canada's Cyclically Adjusted PB Ratio

For the Beverages - Brewers subindustry, Molson Coors Canada'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.


Molson Coors Canada's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Molson Coors Canada's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Molson Coors Canada 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.

Molson Coors Canada's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.8333/59.98
=0.95

* 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.

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

For example, Molson Coors Canada'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)
=61.829/126.2576*126.2576
=61.829

Current CPI (Mar. 2024) = 126.2576.

Molson Coors Canada Quarterly Data

Book Value per Share CPI Adj_Book
201406 54.881 99.473 69.658
201409 51.114 99.394 64.929
201412 47.656 98.367 61.168
201503 43.794 99.789 55.410
201506 40.964 100.500 51.463
201509 39.170 100.421 49.248
201512 38.173 99.947 48.222
201603 46.105 101.054 57.604
201606 45.867 102.002 56.774
201609 46.159 101.765 57.269
201612 53.135 101.449 66.129
201703 53.875 102.634 66.276
201706 56.177 103.029 68.843
201709 55.528 103.345 67.839
201712 60.253 103.345 73.612
201803 62.331 105.004 74.947
201806 62.913 105.557 75.251
201809 64.245 105.636 76.787
201812 62.505 105.399 74.875
201903 63.065 106.979 74.430
201906 64.260 107.690 75.339
201909 60.853 107.611 71.397
201912 62.041 107.769 72.684
202003 58.599 107.927 68.551
202006 60.032 108.401 69.921
202009 62.357 108.164 72.788
202012 57.060 108.559 66.362
202103 58.003 110.298 66.396
202106 59.865 111.720 67.655
202109 61.206 112.905 68.445
202112 61.830 113.774 68.614
202203 62.359 117.646 66.924
202206 0.000 120.806 0.000
202209 60.889 120.648 63.720
202212 58.667 120.964 61.234
202303 58.699 122.702 60.400
202306 60.272 124.203 61.269
202309 61.381 125.230 61.884
202312 61.866 125.072 62.452
202403 61.829 126.258 61.829

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.


Molson Coors Canada  (OTCPK:MXGBF) 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.


Molson Coors Canada Cyclically Adjusted PB Ratio Related Terms

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


Molson Coors Canada (Molson Coors Canada) Business Description

Traded in Other Exchanges
Address
33 Carlingview Drive, Toronto, ON, CAN, M9W 5E4
Molson Coors Canada Inc is a large global brewer and distributor of beer and other malt beverages. major brands include Coors Light, Miller Lite, Molson Canadian, Carling, Staropramen, Coors Banquet, Blue Moon, Vizzy, Leinenkugel, and Creemore. Its two segments are the Americas and EMEA&APAC segments. Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin and South America and EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries, and certain countries within the Middle East, Africa and Asia Pacific. Its breweries are located across the U.S., Canada, and Europe, with the majority of the company's revenue generated in Americas.

Molson Coors Canada (Molson Coors Canada) Headlines

No Headlines