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IHH Healthcare Bhd (SGX:Q0F) Cyclically Adjusted PB Ratio : 1.87 (As of Jun. 02, 2024)


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What is IHH Healthcare Bhd Cyclically Adjusted PB Ratio?

As of today (2024-06-02), IHH Healthcare Bhd's current share price is S$1.78. IHH Healthcare Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was S$0.95. IHH Healthcare Bhd's Cyclically Adjusted PB Ratio for today is 1.87.

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

SGX:Q0F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.78   Med: 1.92   Max: 2.52
Current: 1.86

During the past years, IHH Healthcare Bhd's highest Cyclically Adjusted PB Ratio was 2.52. The lowest was 1.78. And the median was 1.92.

SGX:Q0F's Cyclically Adjusted PB Ratio is ranked better than
52.15% of 326 companies
in the Healthcare Providers & Services industry
Industry Median: 1.93 vs SGX:Q0F: 1.86

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.

IHH Healthcare Bhd's adjusted book value per share data for the three months ended in Mar. 2024 was S$0.962. 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 S$0.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IHH Healthcare Bhd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IHH Healthcare Bhd'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.

IHH Healthcare Bhd Cyclically Adjusted PB Ratio Chart

IHH Healthcare Bhd 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 - - 2.52 1.99 1.85

IHH Healthcare Bhd 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 1.81 1.83 1.79 1.85 1.82

Competitive Comparison of IHH Healthcare Bhd's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, IHH Healthcare Bhd'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.


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

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

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



IHH Healthcare Bhd 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.

IHH Healthcare Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.78/0.95
=1.87

* 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.

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

For example, IHH Healthcare Bhd'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)
=0.962/131.7762*131.7762
=0.962

Current CPI (Mar. 2024) = 131.7762.

IHH Healthcare Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.876 100.560 1.148
201409 0.891 100.428 1.169
201412 0.900 99.070 1.197
201503 0.909 99.621 1.202
201506 0.906 100.684 1.186
201509 0.891 100.392 1.170
201512 0.887 99.792 1.171
201603 0.882 100.470 1.157
201606 0.876 101.688 1.135
201609 0.884 101.861 1.144
201612 0.860 101.863 1.113
201703 0.864 102.862 1.107
201706 0.871 103.349 1.111
201709 0.952 104.136 1.205
201712 0.964 104.011 1.221
201803 0.961 105.290 1.203
201806 0.955 106.317 1.184
201809 0.944 106.507 1.168
201812 0.905 105.998 1.125
201903 0.913 107.251 1.122
201906 0.909 108.070 1.108
201909 0.918 108.329 1.117
201912 0.913 108.420 1.110
202003 0.889 108.902 1.076
202006 0.877 108.767 1.063
202009 0.877 109.815 1.052
202012 0.895 109.897 1.073
202103 0.890 111.754 1.049
202106 0.895 114.631 1.029
202109 0.912 115.734 1.038
202112 0.905 117.630 1.014
202203 0.900 121.301 0.978
202206 0.992 125.017 1.046
202209 0.923 125.227 0.971
202212 0.912 125.222 0.960
202303 0.949 127.348 0.982
202306 0.908 128.729 0.929
202309 0.923 129.860 0.937
202312 0.945 129.419 0.962
202403 0.962 131.776 0.962

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.


IHH Healthcare Bhd  (SGX:Q0F) 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.


IHH Healthcare Bhd Cyclically Adjusted PB Ratio Related Terms

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


IHH Healthcare Bhd (SGX:Q0F) Business Description

Traded in Other Exchanges
Address
8 Jalan Bukit Pantai, Level 11, Block A, Pantai Hospital Kuala Lumpur, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59100
IHH Healthcare Bhd operates a network of healthcare clinics, hospitals, and postoperative rehabilitation centers. It also provides ancillary services, which include diagnostic laboratories, imaging centers, ambulatory care, and medical education facilities. The firm receives a majority proportion of its revenue through its Parkway Pantai segment, which operates hospitals and provides healthcare services in Asia. Two of Parkway Pantai's key markets are Singapore and Malaysia. The second majority proportion of revenue comes from Acibadem Holdings, a hospital operator and service provider in Central and Eastern Europe, the Middle East, and North Africa. The Group's operating segments comprise Singapore, Malaysia, India, Greater China, Turkiye and Europe, IMU Health, and PLife REIT.

IHH Healthcare Bhd (SGX:Q0F) Headlines

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