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MedPeer (FRA:9UN) Cyclically Adjusted PB Ratio : 2.99 (As of Jun. 08, 2024)


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What is MedPeer Cyclically Adjusted PB Ratio?

As of today (2024-06-08), MedPeer's current share price is €3.50. MedPeer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.17. MedPeer's Cyclically Adjusted PB Ratio for today is 2.99.

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

FRA:9UN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.88   Med: 3.74   Max: 5.73
Current: 2.94

During the past years, MedPeer's highest Cyclically Adjusted PB Ratio was 5.73. The lowest was 2.88. And the median was 3.74.

FRA:9UN's Cyclically Adjusted PB Ratio is ranked worse than
62.92% of 329 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs FRA:9UN: 2.94

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.

MedPeer's adjusted book value per share data for the three months ended in Mar. 2024 was €2.381. 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 €1.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MedPeer Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MedPeer'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.

MedPeer Cyclically Adjusted PB Ratio Chart

MedPeer Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 5.58

MedPeer 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 - - 5.58 3.70 3.52

Competitive Comparison of MedPeer's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, MedPeer'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.


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

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

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



MedPeer 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.

MedPeer's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.50/1.17
=2.99

* 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.

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

For example, MedPeer'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)
=2.381/107.2000*107.2000
=2.381

Current CPI (Mar. 2024) = 107.2000.

MedPeer Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 98.000 0.000
201409 0.454 98.500 0.494
201412 0.457 97.900 0.500
201503 0.509 97.900 0.557
201506 0.480 98.400 0.523
201509 0.504 98.500 0.549
201512 0.523 98.100 0.572
201603 0.547 97.900 0.599
201606 0.579 98.100 0.633
201609 0.617 98.000 0.675
201612 0.579 98.400 0.631
201703 0.579 98.100 0.633
201706 0.546 98.500 0.594
201709 0.358 98.800 0.388
201712 0.377 99.400 0.407
201803 0.411 99.200 0.444
201806 0.681 99.200 0.736
201809 0.686 99.900 0.736
201812 0.757 99.700 0.814
201903 0.826 99.700 0.888
201906 1.139 99.800 1.223
201909 1.393 100.100 1.492
201912 1.565 100.500 1.669
202003 1.927 100.300 2.060
202006 1.970 99.900 2.114
202009 2.004 99.900 2.150
202012 2.140 99.300 2.310
202103 2.213 99.900 2.375
202106 2.220 99.500 2.392
202109 2.399 100.100 2.569
202112 2.547 100.100 2.728
202203 2.599 101.100 2.756
202206 2.417 101.800 2.545
202209 2.475 103.100 2.573
202212 2.625 104.100 2.703
202303 2.661 104.400 2.732
202306 2.434 105.200 2.480
202309 2.424 106.200 2.447
202312 2.492 106.800 2.501
202403 2.381 107.200 2.381

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.


MedPeer  (FRA:9UN) 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.


MedPeer Cyclically Adjusted PB Ratio Related Terms

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


MedPeer (FRA:9UN) Business Description

Traded in Other Exchanges
Address
2-16-5 Shibuya Manulife Place Building, Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
MedPeer Inc provides online support for healthcare professionals. The company provides clinical and career support business for doctors, Marketing support for enterprises and advertisement/research business and manages medical community site "MedPeer" for doctors.

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