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Medipal Holdings (Medipal Holdings) Cyclically Adjusted PB Ratio : 0.87 (As of Jun. 03, 2024)


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What is Medipal Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Medipal Holdings's current share price is $14.69. Medipal Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $16.80. Medipal Holdings's Cyclically Adjusted PB Ratio for today is 0.87.

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

MAHLY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.12   Max: 1.62
Current: 0.99

During the past years, Medipal Holdings's highest Cyclically Adjusted PB Ratio was 1.62. The lowest was 0.77. And the median was 1.12.

MAHLY's Cyclically Adjusted PB Ratio is ranked better than
76.56% of 64 companies
in the Medical Distribution industry
Industry Median: 1.46 vs MAHLY: 0.99

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.

Medipal Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $19.179. 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 $16.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medipal Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Medipal Holdings'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.

Medipal Holdings Cyclically Adjusted PB Ratio Chart

Medipal Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.13 0.99 0.82 -

Medipal 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 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 0.82 1.04 1.10 0.98 -

Competitive Comparison of Medipal Holdings's Cyclically Adjusted PB Ratio

For the Medical Distribution subindustry, Medipal 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.


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

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

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



Medipal Holdings 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.

Medipal Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.69/16.8
=0.87

* 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.

Medipal Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Medipal Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=19.179/106.8000*106.8000
=19.179

Current CPI (Dec. 2023) = 106.8000.

Medipal Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.946 95.700 16.680
201406 15.178 98.000 16.541
201409 14.841 98.500 16.092
201412 13.618 97.900 14.856
201503 14.308 97.900 15.609
201506 14.056 98.400 15.256
201509 14.615 98.500 15.847
201512 15.034 98.100 16.367
201603 16.226 97.900 17.701
201606 17.707 98.100 19.277
201609 18.462 98.000 20.120
201612 16.642 98.400 18.063
201703 17.272 98.100 18.804
201706 17.812 98.500 19.313
201709 18.306 98.800 19.788
201712 18.563 99.400 19.945
201803 20.321 99.200 21.878
201806 19.784 99.200 21.300
201809 20.219 99.900 21.616
201812 19.640 99.700 21.039
201903 20.096 99.700 21.527
201906 20.562 99.800 22.004
201909 21.203 100.100 22.622
201912 21.769 100.500 23.134
202003 22.132 100.300 23.566
202006 22.683 99.900 24.250
202009 23.489 99.900 25.111
202012 23.640 99.300 25.425
202103 22.916 99.900 24.499
202106 22.864 99.500 24.541
202109 23.241 100.100 24.797
202112 22.277 100.100 23.768
202203 21.300 101.100 22.501
202206 19.160 101.800 20.101
202209 18.347 103.100 19.005
202212 19.540 104.100 20.047
202303 20.002 104.400 20.462
202306 19.282 105.200 19.575
202309 18.626 106.200 18.731
202312 19.179 106.800 19.179

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.


Medipal Holdings  (OTCPK:MAHLY) 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.


Medipal Holdings Cyclically Adjusted PB Ratio Related Terms

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


Medipal Holdings (Medipal Holdings) Business Description

Traded in Other Exchanges
Address
2-7-15, Yaesu, Chuo-ku, Tokyo, JPN, 104-8461
Medipal Holdings Corp distributes pharmaceuticals and health and beauty products to medical institutions and retailers. The firm operates in three segments: prescription pharmaceutical wholesale; cosmetics, daily necessities, and OTC pharmaceutical wholesale; and animal health products wholesale. The prescription pharmaceutical business generates the majority of revenue and distributes products to hospitals, clinics, and pharmacies. The cosmetics, daily necessities, and OTC pharmaceutical businesses distribute products to drugstores, convenience stores, and supermarkets. The animal health segment conducts wholesale business for animal hospitals, farms, and agricultural cooperatives. Medipal Holdings generates the vast majority of its revenue in Japan.

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