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Omnicell (Omnicell) Cyclically Adjusted PB Ratio : 1.48 (As of May. 13, 2024)


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What is Omnicell Cyclically Adjusted PB Ratio?

As of today (2024-05-13), Omnicell's current share price is $30.80. Omnicell's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $20.87. Omnicell's Cyclically Adjusted PB Ratio for today is 1.48.

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

OMCL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 4.45   Max: 11.78
Current: 1.44

During the past years, Omnicell's highest Cyclically Adjusted PB Ratio was 11.78. The lowest was 1.28. And the median was 4.45.

OMCL's Cyclically Adjusted PB Ratio is ranked better than
63.87% of 310 companies
in the Healthcare Providers & Services industry
Industry Median: 1.995 vs OMCL: 1.44

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.

Omnicell's adjusted book value per share data for the three months ended in Mar. 2024 was $25.882. 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 $20.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Omnicell Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Omnicell'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.

Omnicell Cyclically Adjusted PB Ratio Chart

Omnicell 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 6.62 8.75 11.14 2.71 1.83

Omnicell 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 3.05 3.72 2.22 1.83 1.40

Competitive Comparison of Omnicell's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, Omnicell'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.


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

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

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



Omnicell 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.80/20.87
=1.48

* 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.

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

For example, Omnicell'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)
=25.882/129.4194*129.4194
=25.882

Current CPI (Mar. 2024) = 129.4194.

Omnicell Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.527 100.560 13.548
201409 10.642 100.428 13.714
201412 10.892 99.070 14.229
201503 11.197 99.621 14.546
201506 11.139 100.684 14.318
201509 11.060 100.392 14.258
201512 11.305 99.792 14.661
201603 11.446 100.470 14.744
201606 11.436 101.688 14.555
201609 11.711 101.861 14.879
201612 11.782 101.863 14.969
201703 11.823 102.862 14.875
201706 12.004 103.349 15.032
201709 12.461 104.136 15.486
201712 14.424 104.011 17.948
201803 14.784 105.290 18.172
201806 15.015 106.317 18.278
201809 15.631 106.507 18.994
201812 16.849 105.998 20.572
201903 17.728 107.251 21.392
201906 18.570 108.070 22.239
201909 19.271 108.329 23.023
201912 20.062 108.420 23.948
202003 20.619 108.902 24.504
202006 20.756 108.767 24.697
202009 21.725 109.815 25.603
202012 22.614 109.897 26.631
202103 23.419 111.754 27.121
202106 24.233 114.631 27.359
202109 25.333 115.734 28.329
202112 25.956 117.630 28.558
202203 24.330 121.301 25.958
202206 24.671 125.017 25.540
202209 25.431 125.227 26.282
202212 25.256 125.222 26.103
202303 25.351 127.348 25.763
202306 25.740 128.729 25.878
202309 26.119 129.860 26.030
202312 26.108 129.419 26.108
202403 25.882 129.419 25.882

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.


Omnicell  (NAS:OMCL) 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.


Omnicell Cyclically Adjusted PB Ratio Related Terms

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


Omnicell (Omnicell) Business Description

Traded in Other Exchanges
Address
2625 Augustine Drive, Suite 301, Santa Clara, CA, USA, 95054
Omnicell Inc provides automation and business analytics software for healthcare providers. The automation and analytics segment manufactures medication dispensing systems, pharmacy inventory management systems, and related software. The medication adherence segment sells products like consumable medication blister cards and packaging equipment to help administer medication outside of a hospital setting. Omnicell generates the vast majority of its revenue in the United States.
Executives
Kaushik Ghoshal director 9001 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Christine Marie Mellon officer: EVP, Chief People Officer 590 E. MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Randall A Lipps director, officer: President and CEO 1101 EAST MEADOW DR, PALO ALTO CA 94303
Nchacha Etta officer: EVP & CFO 4220 NORTH FREEWAY, FORT WORTH TX 76137
Joanne B Bauer director 1400 HOLCOMB BRIDGE ROAD, ROSWELL GA 30076-2199
Scott Peter Seidelmann officer: EVP, Chief Commercial Officer 590 E. MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Peter J. Kuipers officer: Executive V.P. CFO 590 E. MIDDLEFEILD ROAD, MOUNTAIN VIEW CA 94043
Mary Garrett director ETHAN ALLEN DRIVE, DANBURY CT 06811
Manley Corey J officer: SR. VP & CHIEF LEGAL OFFICER 590 E. MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Dan S Johnston officer: V.P., Legal & General Counsel
Joseph Brian Spears officer: Chief Accounting Officer & VP 590 E. MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
James T Judson officer: VP Finance & Acting CFO C/O OMNICELL, INC., 1201 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Robin Gene Seim officer: V.P., Finance & CFO 1201 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Edward Peter Bousa director 280 CONGRESS STREET, BOSTON MA 02210
Nhat H Ngo officer: VP, Strategy & Business Dev. 490 NORTH WIGET LANE, WALNUT CREEK CA 94598