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Saint-Care Holding (TSE:2374) Cyclically Adjusted PB Ratio : 1.87 (As of Jun. 09, 2024)


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What is Saint-Care Holding Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Saint-Care Holding's current share price is 円837.00. Saint-Care Holding's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円447.43. Saint-Care Holding's Cyclically Adjusted PB Ratio for today is 1.87.

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

TSE:2374' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.16   Max: 4.53
Current: 1.86

During the past years, Saint-Care Holding's highest Cyclically Adjusted PB Ratio was 4.53. The lowest was 1.20. And the median was 2.16.

TSE:2374's Cyclically Adjusted PB Ratio is ranked better than
52.58% of 329 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs TSE:2374: 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.

Saint-Care Holding's adjusted book value per share data for the three months ended in Dec. 2023 was 円641.142. 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 円447.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saint-Care Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Saint-Care Holding'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.

Saint-Care Holding Cyclically Adjusted PB Ratio Chart

Saint-Care Holding Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.13 1.30 4.01 2.29 1.86

Saint-Care Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.11 1.86 1.84 1.93 2.23

Competitive Comparison of Saint-Care Holding's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Saint-Care Holding'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.


Saint-Care Holding's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Saint-Care Holding's Cyclically Adjusted PB Ratio falls into.



Saint-Care Holding 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.

Saint-Care Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=837.00/447.43
=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.

Saint-Care Holding's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Saint-Care Holding'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)
=641.142/106.8000*106.8000
=641.142

Current CPI (Dec. 2023) = 106.8000.

Saint-Care Holding Quarterly Data

Book Value per Share CPI Adj_Book
201403 240.522 95.700 268.420
201406 243.400 98.000 265.256
201409 255.916 98.500 277.480
201412 267.146 97.900 291.432
201503 275.022 97.900 300.024
201506 270.799 98.400 293.916
201509 282.191 98.500 305.970
201512 294.985 98.100 321.146
201603 303.848 97.900 331.471
201606 301.411 98.100 328.142
201609 319.122 98.000 347.778
201612 353.721 98.400 383.917
201703 364.892 98.100 397.252
201706 369.587 98.500 400.730
201709 382.265 98.800 413.218
201712 394.538 99.400 423.910
201803 402.975 99.200 433.848
201806 399.145 99.200 429.725
201809 408.931 99.900 437.175
201812 422.737 99.700 452.842
201903 428.132 99.700 458.621
201906 423.105 99.800 452.782
201909 431.181 100.100 460.041
201912 444.022 100.500 471.856
202003 448.160 100.300 477.203
202006 448.832 99.900 479.832
202009 471.488 99.900 504.053
202012 486.801 99.300 523.568
202103 490.641 99.900 524.529
202106 493.998 99.500 530.241
202109 513.123 100.100 547.468
202112 537.714 100.100 573.705
202203 546.621 101.100 577.439
202206 546.635 101.800 573.483
202209 562.949 103.100 583.152
202212 578.899 104.100 593.914
202303 592.958 104.400 606.589
202306 588.752 105.200 597.706
202309 612.935 106.200 616.398
202312 641.142 106.800 641.142

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.


Saint-Care Holding  (TSE:2374) 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.


Saint-Care Holding Cyclically Adjusted PB Ratio Related Terms

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


Saint-Care Holding (TSE:2374) Business Description

Traded in Other Exchanges
N/A
Address
2-8-7 Kyobashi, Chuo-ku, Yomiu Building, 5th Floor, Tokyo, JPN, 104-0031
Saint-Care Holding Corp provides healthcare services including home help, visit bathing, elder-care taxi, home care support, home-visit nursing care, welfare equipment and rental equipment sales care, catering, group home and day care services.

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