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Medius Holdings Co (TSE:3154) Cyclically Adjusted Book per Share : 円653.31 (As of Mar. 2024)


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What is Medius Holdings Co 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.

Medius Holdings Co's adjusted book value per share for the three months ended in Mar. 2024 was 円897.025. 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653.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Medius Holdings Co's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 Medius Holdings Co was 10.00% per year. The lowest was 8.30% per year. And the median was 9.15% per year.

As of today (2024-05-27), Medius Holdings Co's current stock price is 円856.00. Medius Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円653.31. Medius Holdings Co's Cyclically Adjusted PB Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Medius Holdings Co was 2.22. The lowest was 1.12. And the median was 1.72.


Medius Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Medius Holdings Co'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.

Medius Holdings Co Cyclically Adjusted Book per Share Chart

Medius Holdings Co 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 432.37 460.00 496.46 549.76 611.43

Medius Holdings Co 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 596.20 611.43 627.01 640.55 653.31

Competitive Comparison of Medius Holdings Co's Cyclically Adjusted Book per Share

For the Medical Instruments & Supplies subindustry, Medius Holdings 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.


Medius Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medius Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Medius Holdings Co 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, Medius Holdings Co'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)
=897.025/107.2000*107.2000
=897.025

Current CPI (Mar. 2024) = 107.2000.

Medius Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 419.268 98.000 458.628
201409 413.157 98.500 449.649
201412 442.325 97.900 484.344
201503 463.475 97.900 507.503
201506 437.975 98.400 477.143
201509 424.543 98.500 462.041
201512 447.139 98.100 488.617
201603 476.731 97.900 522.018
201606 477.586 98.100 521.888
201609 457.369 98.000 500.306
201612 477.891 98.400 520.629
201703 497.362 98.100 543.499
201706 503.738 98.500 548.231
201709 491.599 98.800 533.395
201712 514.030 99.400 554.366
201803 539.764 99.200 583.293
201806 546.645 99.200 590.729
201809 582.754 99.900 625.338
201812 588.129 99.700 632.371
201903 568.729 99.700 611.512
201906 582.164 99.800 625.330
201909 591.890 100.100 633.872
201912 612.295 100.500 653.115
202003 633.230 100.300 676.792
202006 636.712 99.900 683.239
202009 636.349 99.900 682.849
202012 673.168 99.300 726.723
202103 724.124 99.900 777.038
202106 727.124 99.500 783.394
202109 754.298 100.100 807.800
202112 783.437 100.100 839.005
202203 809.239 101.100 858.065
202206 789.436 101.800 831.312
202209 785.620 103.100 816.862
202212 800.178 104.100 824.007
202303 839.331 104.400 861.842
202306 847.104 105.200 863.209
202309 815.870 106.200 823.552
202312 848.563 106.800 851.741
202403 897.025 107.200 897.025

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


Medius Holdings Co  (TSE:3154) 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.

Medius Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=856.00/653.31
=1.31

* 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 Medius Holdings Co was 2.22. The lowest was 1.12. And the median was 1.72.


Be Aware

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


Medius Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Medius Holdings Co (TSE:3154) Business Description

Traded in Other Exchanges
N/A
Address
1 - 1 Kyobashi 1 - Chome, Chuo-ku, Tokyo, JPN, 104-0031
Medius Holdings Co Ltd is engaged in the healthcare sector. The company's business division includes Medical equipment sales business, Care and welfare business, and Solution business. The Medical equipment sales business offers syringes and gloves to surgical assistance along with repairs and maintenance of medical equipment, and The care and welfare business provides transfer equipment and electric powdered beds.

Medius Holdings Co (TSE:3154) Headlines

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