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Olba Healthcare Holdings (TSE:2689) Cyclically Adjusted Book per Share : 円1,238.07 (As of Mar. 2024)


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What is Olba Healthcare Holdings 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.

Olba Healthcare Holdings's adjusted book value per share for the three months ended in Mar. 2024 was 円1,826.778. 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 円1,238.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Olba Healthcare Holdings's average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.50% 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 Olba Healthcare Holdings was 12.80% per year. The lowest was 11.80% per year. And the median was 12.50% per year.

As of today (2024-06-04), Olba Healthcare Holdings's current stock price is 円2184.00. Olba Healthcare Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円1,238.07. Olba Healthcare Holdings's Cyclically Adjusted PB Ratio of today is 1.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Olba Healthcare Holdings was 2.78. The lowest was 1.22. And the median was 1.74.


Olba Healthcare Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Olba Healthcare Holdings'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.

Olba Healthcare Holdings Cyclically Adjusted Book per Share Chart

Olba Healthcare Holdings 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 703.79 794.82 880.61 1,002.71 1,140.05

Olba Healthcare Holdings 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 1,104.86 1,140.05 1,175.86 1,207.86 1,238.07

Competitive Comparison of Olba Healthcare Holdings's Cyclically Adjusted Book per Share

For the Medical Distribution subindustry, Olba Healthcare Holdings'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.


Olba Healthcare Holdings's Cyclically Adjusted PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Olba Healthcare Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Olba Healthcare Holdings's Cyclically Adjusted PB Ratio falls into.



Olba Healthcare Holdings 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, Olba Healthcare Holdings'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)
=1826.778/107.2000*107.2000
=1,826.778

Current CPI (Mar. 2024) = 107.2000.

Olba Healthcare Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 699.747 98.000 765.438
201409 743.753 98.500 809.445
201412 764.505 97.900 837.129
201503 795.805 97.900 871.402
201506 839.591 98.400 914.676
201509 793.564 98.500 863.655
201512 828.563 98.100 905.423
201603 863.587 97.900 945.623
201606 818.765 98.100 894.716
201609 790.609 98.000 864.829
201612 860.378 98.400 937.322
201703 912.108 98.100 996.717
201706 942.774 98.500 1,026.044
201709 946.094 98.800 1,026.531
201712 1,022.725 99.400 1,102.979
201803 1,109.090 99.200 1,198.533
201806 1,121.325 99.200 1,211.754
201809 1,083.078 99.900 1,162.222
201812 1,132.993 99.700 1,218.223
201903 1,177.299 99.700 1,265.862
201906 1,191.616 99.800 1,279.972
201909 1,196.405 100.100 1,281.265
201912 1,186.093 100.500 1,265.166
202003 1,307.261 100.300 1,397.192
202006 1,197.171 99.900 1,284.652
202009 1,159.864 99.900 1,244.619
202012 1,215.362 99.300 1,312.052
202103 1,294.703 99.900 1,389.311
202106 1,336.911 99.500 1,440.370
202109 1,314.141 100.100 1,407.352
202112 1,369.745 100.100 1,466.900
202203 1,461.442 101.100 1,549.620
202206 1,513.916 101.800 1,594.222
202209 1,495.528 103.100 1,555.001
202212 1,544.538 104.100 1,590.533
202303 1,627.491 104.400 1,671.140
202306 1,712.185 105.200 1,744.736
202309 1,664.835 106.200 1,680.511
202312 1,716.621 106.800 1,723.050
202403 1,826.778 107.200 1,826.778

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


Olba Healthcare Holdings  (TSE:2689) 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.

Olba Healthcare Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2184.00/1238.07
=1.76

* 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 Olba Healthcare Holdings was 2.78. The lowest was 1.22. And the median was 1.74.


Be Aware

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


Olba Healthcare Holdings Cyclically Adjusted Book per Share Related Terms

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


Olba Healthcare Holdings (TSE:2689) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Building, 1-1-3 Shimoishii, 8th Floor, Nippon Life Okayama, Kita-ku, Okayama Prefecture, Okayama, JPN, 700-0907
Olba Healthcare Holdings Inc is a Japan-based holding company that engages in the wholesale distribution of medical diagnostic equipment and medical materials. It operates through the following business divisions: Medical Equipment, Supply, Processing, and Distribution (SPD), and Nursing Care Products.

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