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Odontoprev (Odontoprev) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Odontoprev Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Odontoprev Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Odontoprev'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.

Odontoprev Cyclically Adjusted PB Ratio Chart

Odontoprev 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 8.96 7.37 5.85 4.40 5.34

Odontoprev 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 5.26 5.93 5.08 5.34 5.48

Competitive Comparison of Odontoprev's Cyclically Adjusted PB Ratio

For the Healthcare Plans subindustry, Odontoprev'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.


Odontoprev's Cyclically Adjusted PB Ratio Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Odontoprev's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Odontoprev 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.

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

For example, Odontoprev'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)
=0.569/159.3724*159.3724
=0.569

Current CPI (Mar. 2024) = 159.3724.

Odontoprev Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.573 91.838 0.994
201409 0.532 92.602 0.916
201412 0.461 94.194 0.780
201503 0.425 97.799 0.693
201506 0.385 100.006 0.614
201509 0.306 101.392 0.481
201512 0.318 104.247 0.486
201603 0.364 106.979 0.542
201606 0.351 108.851 0.514
201609 0.386 109.986 0.559
201612 0.390 110.802 0.561
201703 0.431 111.869 0.614
201706 0.522 112.115 0.742
201709 0.524 112.777 0.740
201712 0.528 114.068 0.738
201803 0.549 114.868 0.762
201806 0.496 117.038 0.675
201809 0.465 117.881 0.629
201812 0.499 118.340 0.672
201903 0.546 120.124 0.724
201906 0.522 120.977 0.688
201909 0.492 121.292 0.646
201912 0.511 123.436 0.660
202003 0.454 124.092 0.583
202006 0.442 123.557 0.570
202009 0.421 125.095 0.536
202012 0.441 129.012 0.545
202103 0.433 131.660 0.524
202106 0.413 133.871 0.492
202109 0.409 137.913 0.473
202112 0.377 141.992 0.423
202203 0.466 146.537 0.507
202206 0.440 149.784 0.468
202209 0.439 147.800 0.473
202212 0.411 150.207 0.436
202303 0.448 153.352 0.466
202306 0.536 154.519 0.553
202309 0.568 155.464 0.582
202312 0.541 157.148 0.549
202403 0.569 159.372 0.569

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.


Odontoprev  (GREY:ODPVF) 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.


Odontoprev Cyclically Adjusted PB Ratio Related Terms

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Odontoprev (Odontoprev) Business Description

Traded in Other Exchanges
Address
Avenida Marcos Penteado de Ulhoa Rodrigues, 939 - 14th Floor, section 1401, Jatoba Building, Castelo Branco Office Park, Tambore, Barueri, SP, BRA, 06460-040
Odontoprev SA provides dental benefit plans throughout Brazil and operates a sizable network of dentists throughout the country. The firm operates in three segments based on client size as well as one auxiliary segment that includes dental care goods and services. The dental care plan segments include corporate plans with many contracts (more than 200); small and midsize, with smaller groups of contracts; and individual, which includes monthly and annual plans sold directly to individuals. The majority of Odontoprev's revenue is generated by the corporate segment.

Odontoprev (Odontoprev) Headlines

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