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Teladoc Health (BSP:T2DH34) Cyclically Adjusted PB Ratio : 0.46 (As of May. 17, 2024)


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What is Teladoc Health Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Teladoc Health's current share price is R$2.18. Teladoc Health's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$4.69. Teladoc Health's Cyclically Adjusted PB Ratio for today is 0.46.

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

BSP:T2DH34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.62   Max: 0.77
Current: 0.46

During the past years, Teladoc Health's highest Cyclically Adjusted PB Ratio was 0.77. The lowest was 0.43. And the median was 0.62.

BSP:T2DH34's Cyclically Adjusted PB Ratio is ranked better than
87.46% of 311 companies
in the Healthcare Providers & Services industry
Industry Median: 2 vs BSP:T2DH34: 0.46

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.

Teladoc Health's adjusted book value per share data for the three months ended in Mar. 2024 was R$67.320. 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 R$4.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teladoc Health Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Teladoc Health'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.

Teladoc Health Cyclically Adjusted PB Ratio Chart

Teladoc Health 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 - - - - 0.76

Teladoc Health Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 0.66 0.76 0.54

Competitive Comparison of Teladoc Health's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, Teladoc Health'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.


Teladoc Health's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Teladoc Health's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Teladoc Health 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.

Teladoc Health's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.18/4.69
=0.46

* 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.

Teladoc Health's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Teladoc Health'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)
=67.32/131.7762*131.7762
=67.320

Current CPI (Mar. 2024) = 131.7762.

Teladoc Health Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 -4.774 99.070 -6.350
201503 3.630 99.621 4.802
201506 -6.387 100.684 -8.359
201509 19.550 100.392 25.662
201512 17.988 99.792 23.753
201603 15.773 100.470 20.688
201606 13.427 101.688 17.400
201609 17.125 101.861 22.154
201612 16.760 101.863 21.682
201703 19.759 102.862 25.313
201706 24.017 103.349 30.623
201709 24.593 104.136 31.121
201712 29.928 104.011 37.917
201803 29.003 105.290 36.299
201806 41.014 106.317 50.836
201809 60.296 106.507 74.602
201812 55.793 105.998 69.362
201903 53.827 107.251 66.136
201906 53.742 108.070 65.531
201909 56.577 108.329 68.823
201912 57.201 108.420 69.523
202003 65.973 108.902 79.831
202006 84.939 108.767 102.907
202009 142.815 109.815 171.376
202012 543.764 109.897 652.022
202103 577.703 111.754 681.204
202106 504.577 114.631 580.044
202109 527.444 115.734 600.553
202112 565.450 117.630 633.454
202203 281.830 121.301 306.168
202206 189.716 125.017 199.974
202209 195.675 125.227 205.909
202212 74.337 125.222 78.228
202303 72.805 127.348 75.337
202306 67.565 128.729 69.165
202309 68.433 129.860 69.443
202312 68.387 129.419 69.632
202403 67.320 131.776 67.320

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.


Teladoc Health  (BSP:T2DH34) 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.


Teladoc Health Cyclically Adjusted PB Ratio Related Terms

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


Teladoc Health (BSP:T2DH34) Business Description

Traded in Other Exchanges
Address
2 Manhattanville Road, Suite 203, Purchase, NY, USA, 10577
Teladoc Health is a virtual health provider with a telehealth platform delivering 24-hour, on-demand healthcare via mobile devices, the internet, video, and phone. It also offers remote patient monitoring programs for chronic care management. Its platform connects members with a network of physicians and behavioral health professionals. Most of the company's revenue is generated from access fees on a subscription basis (per member, per month). The balance comes from visit fees and equipment rental and sales to hospital systems. Since inception, Teladoc has primarily partnered with employers, health plans, and health systems to offer network access to their members; it has also started to market directly to consumers while expanding its service portfolio.

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