GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OSI Systems Inc (FRA:OS2) » Definitions » Cyclically Adjusted Book per Share

OSI Systems (FRA:OS2) Cyclically Adjusted Book per Share : €34.82 (As of Mar. 2024)


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

What is OSI Systems Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

OSI Systems's adjusted book value per share for the three months ended in Mar. 2024 was €43.894. 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 €34.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, OSI Systems's average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of OSI Systems was 9.30% per year. The lowest was 6.00% per year. And the median was 6.85% per year.

As of today (2024-06-03), OSI Systems's current stock price is €125.00. OSI Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €34.82. OSI Systems's Cyclically Adjusted PB Ratio of today is 3.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OSI Systems was 4.60. The lowest was 1.99. And the median was 3.24.


OSI Systems Cyclically Adjusted Book per Share Historical Data

The historical data trend for OSI Systems's Cyclically Adjusted Book per Share 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.

OSI Systems Cyclically Adjusted Book per Share Chart

OSI Systems Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.57 24.50 25.27 32.42 34.01

OSI Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 32.31 34.01 35.13 33.74 34.82

Competitive Comparison of OSI Systems's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, OSI Systems'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.


OSI Systems's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, OSI Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



OSI Systems Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, OSI Systems'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)
=43.894/131.7762*131.7762
=43.894

Current CPI (Mar. 2024) = 131.7762.

OSI Systems Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.642 100.560 25.739
201409 20.462 100.428 26.849
201412 22.185 99.070 29.509
201503 25.996 99.621 34.387
201506 26.291 100.684 34.410
201509 25.478 100.392 33.443
201512 26.370 99.792 34.822
201603 25.292 100.470 33.173
201606 25.452 101.688 32.983
201609 25.757 101.861 33.321
201612 27.018 101.863 34.952
201703 27.751 102.862 35.552
201706 27.106 103.349 34.562
201709 25.286 104.136 31.998
201712 23.602 104.011 29.902
201803 21.655 105.290 27.103
201806 23.234 106.317 28.798
201809 23.005 106.507 28.463
201812 24.203 105.998 30.089
201903 25.708 107.251 31.587
201906 26.877 108.070 32.773
201909 27.068 108.329 32.927
201912 27.477 108.420 33.396
202003 27.751 108.902 33.580
202006 28.207 108.767 34.174
202009 26.426 109.815 31.711
202012 26.935 109.897 32.298
202103 28.773 111.754 33.928
202106 29.483 114.631 33.893
202109 29.530 115.734 33.623
202112 31.106 117.630 34.847
202203 32.950 121.301 35.795
202206 35.800 125.017 37.736
202209 37.398 125.227 39.354
202212 36.355 125.222 38.258
202303 37.239 127.348 38.534
202306 39.730 128.729 40.671
202309 39.959 129.860 40.549
202312 41.530 129.419 42.286
202403 43.894 131.776 43.894

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


OSI Systems  (FRA:OS2) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

OSI Systems's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=125.00/34.82
=3.59

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OSI Systems was 4.60. The lowest was 1.99. And the median was 3.24.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


OSI Systems Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of OSI Systems's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


OSI Systems (FRA:OS2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OSI Systems Inc (FRA:OS2) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
12525 Chadron Avenue, Hawthorne, CA, USA, 90250
OSI Systems Inc is a designer and manufacturer of electronic systems and components for businesses in the homeland security, healthcare, defense, and aerospace markets. The firm is organized in three business segments: Security, which provides security and inspection systems; Healthcare, which provides patient monitoring, diagnostic, cardiology, ventilation systems and defibrillators; and Optoelectronics and Manufacturing, which provides specialized electronic components and manufacturing services for the Security and Healthcare segments and external original equipment manufacturers. Majority of the firm's revenue is generated in America, and the rest from Europe, the Middle East, and Africa, and the Asia Pacific regions.

OSI Systems (FRA:OS2) Headlines

No Headlines