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Medipal Holdings (TSE:7459) Cyclically Adjusted PB Ratio : 0.97 (As of May. 21, 2024)


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What is Medipal Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Medipal Holdings's current share price is 円2268.00. Medipal Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円2,341.92. Medipal Holdings's Cyclically Adjusted PB Ratio for today is 0.97.

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

TSE:7459' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.12   Max: 1.62
Current: 0.96

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.

TSE:7459's Cyclically Adjusted PB Ratio is ranked better than
75% of 64 companies
in the Medical Distribution industry
Industry Median: 1.36 vs TSE:7459: 0.96

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 円2,761.438. 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2,341.92 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
=2268.00/2341.92
=0.97

* 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)
=2761.438/106.8000*106.8000
=2,761.438

Current CPI (Dec. 2023) = 106.8000.

Medipal Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,529.615 95.700 1,707.031
201406 1,549.151 98.000 1,688.258
201409 1,594.299 98.500 1,728.641
201412 1,624.989 97.900 1,772.715
201503 1,722.551 97.900 1,879.147
201506 1,739.002 98.400 1,887.453
201509 1,755.946 98.500 1,903.909
201512 1,828.627 98.100 1,990.799
201603 1,832.445 97.900 1,999.031
201606 1,865.399 98.100 2,030.832
201609 1,879.129 98.000 2,047.867
201612 1,930.476 98.400 2,095.273
201703 1,950.247 98.100 2,123.205
201706 1,975.565 98.500 2,142.034
201709 2,027.886 98.800 2,192.087
201712 2,096.509 99.400 2,252.587
201803 2,154.928 99.200 2,320.023
201806 2,177.474 99.200 2,344.297
201809 2,266.486 99.900 2,423.030
201812 2,203.622 99.700 2,360.550
201903 2,233.515 99.700 2,392.572
201906 2,222.066 99.800 2,377.922
201909 2,280.210 100.100 2,432.831
201912 2,375.040 100.500 2,523.923
202003 2,382.870 100.300 2,537.293
202006 2,440.161 99.900 2,608.701
202009 2,480.220 99.900 2,651.526
202012 2,453.768 99.300 2,639.098
202103 2,490.977 99.900 2,663.026
202106 2,517.501 99.500 2,702.202
202109 2,560.303 100.100 2,731.672
202112 2,535.852 100.100 2,705.584
202203 2,525.709 101.100 2,668.108
202206 2,566.726 101.800 2,692.793
202209 2,628.861 103.100 2,723.204
202212 2,636.244 104.100 2,704.619
202303 2,673.612 104.400 2,735.074
202306 2,725.676 105.200 2,767.131
202309 2,753.688 106.200 2,769.246
202312 2,761.438 106.800 2,761.438

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  (TSE:7459) 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 (TSE:7459) 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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