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The Mosaic Co (The Mosaic Co) Cyclically Adjusted PB Ratio : 0.89 (As of Apr. 27, 2024)


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What is The Mosaic Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), The Mosaic Co's current share price is $30.25. The Mosaic Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $33.81. The Mosaic Co's Cyclically Adjusted PB Ratio for today is 0.89.

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

MOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.15   Max: 3.88
Current: 0.9

During the past years, The Mosaic Co's highest Cyclically Adjusted PB Ratio was 3.88. The lowest was 0.33. And the median was 1.15.

MOS's Cyclically Adjusted PB Ratio is ranked better than
69.33% of 163 companies
in the Agriculture industry
Industry Median: 1.37 vs MOS: 0.90

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.

The Mosaic Co's adjusted book value per share data for the three months ended in Dec. 2023 was $37.921. 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 $33.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Mosaic Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Mosaic Co'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.

The Mosaic Co Cyclically Adjusted PB Ratio Chart

The Mosaic Co 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 0.74 0.78 1.25 1.33 1.06

The Mosaic Co 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 1.33 1.37 1.03 1.05 1.06

Competitive Comparison of The Mosaic Co's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, The Mosaic Co'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.


The Mosaic Co's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, The Mosaic Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Mosaic Co 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.

The Mosaic Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.25/33.81
=0.89

* 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.

The Mosaic Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Mosaic Co'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)
=37.921/129.4194*129.4194
=37.921

Current CPI (Dec. 2023) = 129.4194.

The Mosaic Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 27.787 99.695 36.072
201406 29.535 100.560 38.011
201409 29.331 100.428 37.798
201412 29.121 99.070 38.042
201503 27.721 99.621 36.013
201506 28.406 100.684 36.513
201509 27.275 100.392 35.161
201512 27.039 99.792 35.067
201603 28.579 100.470 36.814
201606 28.457 101.688 36.217
201609 28.087 101.861 35.686
201612 26.087 101.863 33.144
201703 27.411 102.862 34.488
201706 27.791 103.349 34.801
201709 28.811 104.136 35.806
201712 27.396 104.011 34.088
201803 27.127 105.290 33.344
201806 26.453 106.317 32.201
201809 27.088 106.507 32.915
201812 26.973 105.998 32.933
201903 27.479 107.251 33.159
201906 27.141 108.070 32.503
201909 26.577 108.329 31.751
201912 24.251 108.420 28.948
202003 22.126 108.902 26.295
202006 22.404 108.767 26.658
202009 22.509 109.815 26.527
202012 25.275 109.897 29.765
202103 25.348 111.754 29.355
202106 27.213 114.631 30.724
202109 27.475 115.734 30.724
202112 28.758 117.630 31.640
202203 32.149 121.301 34.301
202206 33.379 125.017 34.554
202209 34.017 125.227 35.156
202212 35.552 125.222 36.744
202303 35.814 127.348 36.397
202306 37.338 128.729 37.538
202309 36.701 129.860 36.577
202312 37.921 129.419 37.921

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.


The Mosaic Co  (NYSE:MOS) 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.


The Mosaic Co Cyclically Adjusted PB Ratio Related Terms

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


The Mosaic Co (The Mosaic Co) Business Description

Industry
Traded in Other Exchanges
Address
101 East Kennedy Boulevard, Suite 2500, Tampa, FL, USA, 33602
Formed in 2004 by the combination of IMC Global and Cargill's fertilizer business, Mosaic is one of the largest phosphate and potash producers in the world. The company's assets include phosphate rock mines in Florida, Brazil, and Peru and potash mines in Saskatchewan, New Mexico, and Brazil. Mosaic also runs a large fertilizer distribution operation in Brazil through its Mosiac Fertilizantes business, which the company acquired from Vale in 2018.
Executives
Philip Eugene Bauer officer: Sr. VP, Gen Counsel & Corp Sec 101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
Teixeira Joao Roberto Goncalves director 101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
Russell A Flugel officer: Principal Accounting Officer C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Denise C Johnson director C/O CATERPILLAR, INCORPORATED, 901 WEST WASHINGTON, CV41110, EAST PEORIA IL 61630
Gregory L Ebel director
Precourt Walter F. Iii officer: Senior VP - Potash Operations C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Ricard Corrine D. officer: Senior VP - Human Resources C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Mark J. Isaacson officer: VP, Gen. Counsel & Corp. Sec. C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
James Calvin O'rourke officer: EVP - Operations C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602
Yijun Wang officer: SVP-Global Strategic Marketing 101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
S.a. Vale director PRAIA DE BOTAFOGO, 186, RIO DE JANEIRO D5 22250-145
Gretchen H Watkins director C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
Benjamin James Pratt officer: SVP - Gov. & Public Affairs 101 EAST KENNEDY BOULEVARD, SUITE 2500, TAMPA FL 33602
Oscar Bernardes director 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Luciano Siani Pires director C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 2500, TAMPA FL 33602

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