Mosaic's Share Price Rebound: Valuation Check and Mixed Long-Term Returns

Mosaic's recent share price rebound of 13.69% follows a 6.75% decline over the past 3 months. The 3-year total shareholder return of a 37.32% decline contrasts with a 2.60% total shareholder return over the past year. Mosaic's price-to-earnings of 7.1x is considered inexpensive compared to peers and the wider US market, suggesting the share price could move closer to a level more in line with a higher multiple of 13.8x.