GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Clinica Baviera SA (XMAD:CBAV) » Definitions » Cyclically Adjusted PB Ratio

Clinica Baviera (XMAD:CBAV) Cyclically Adjusted PB Ratio : 9.69 (As of Jun. 09, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Clinica Baviera Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Clinica Baviera's current share price is €28.00. Clinica Baviera's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.89. Clinica Baviera's Cyclically Adjusted PB Ratio for today is 9.69.

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

XMAD:CBAV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.08   Med: 8.25   Max: 12.39
Current: 9.69

During the past years, Clinica Baviera's highest Cyclically Adjusted PB Ratio was 12.39. The lowest was 5.08. And the median was 8.25.

XMAD:CBAV's Cyclically Adjusted PB Ratio is ranked worse than
91.91% of 136 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.01 vs XMAD:CBAV: 9.69

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.

Clinica Baviera's adjusted book value per share data for the three months ended in Mar. 2024 was €6.326. 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 €2.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clinica Baviera Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Clinica Baviera'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.

Clinica Baviera Cyclically Adjusted PB Ratio Chart

Clinica Baviera 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 9.66 8.81 10.84 7.38 8.38

Clinica Baviera 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 - 7.29 7.93 8.38 9.80

Competitive Comparison of Clinica Baviera's Cyclically Adjusted PB Ratio

For the Diagnostics & Research subindustry, Clinica Baviera'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.


Clinica Baviera's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Clinica Baviera's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Clinica Baviera 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.

Clinica Baviera's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.00/2.89
=9.69

* 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.

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

For example, Clinica Baviera'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)
=6.326/122.7621*122.7621
=6.326

Current CPI (Mar. 2024) = 122.7621.

Clinica Baviera Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.185 101.081 1.439
201409 0.000 100.441 0.000
201412 1.221 100.251 1.495
201503 0.000 99.474 0.000
201506 1.217 101.138 1.477
201509 0.000 99.559 0.000
201512 1.292 100.268 1.582
201603 0.000 98.638 0.000
201606 1.463 100.333 1.790
201609 0.000 99.737 0.000
201612 1.135 101.842 1.368
201703 1.292 100.896 1.572
201706 1.217 101.848 1.467
201709 0.000 101.524 0.000
201712 1.508 102.975 1.798
201803 0.000 102.122 0.000
201806 1.450 104.165 1.709
201809 1.515 103.818 1.791
201812 1.747 104.193 2.058
201903 1.897 103.488 2.250
201906 1.527 104.612 1.792
201909 1.616 103.905 1.909
201912 1.876 105.015 2.193
202003 2.004 103.469 2.378
202006 2.064 104.254 2.430
202009 2.343 103.521 2.778
202012 2.729 104.456 3.207
202103 3.196 104.857 3.742
202106 3.157 107.102 3.619
202109 3.492 107.669 3.982
202112 3.349 111.298 3.694
202203 4.014 115.153 4.279
202206 3.993 118.044 4.153
202209 4.266 117.221 4.468
202212 4.131 117.650 4.310
202303 0.000 118.948 0.000
202306 4.619 120.278 4.714
202309 4.951 121.343 5.009
202312 5.582 121.300 5.649
202403 6.326 122.762 6.326

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.


Clinica Baviera  (XMAD:CBAV) 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.


Clinica Baviera Cyclically Adjusted PB Ratio Related Terms

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


Clinica Baviera (XMAD:CBAV) Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana 20, Madrid, ESP, 28046
Clinica Baviera SA operates ophthalmological clinics. It is involved in the diagnosis, treatment, and monitoring of various types of ophthalmological disorders. It offers diagnosis and treatment for various eye problems such as long-sightedness, short-sightedness, astigmatism, cataracts and eye strain.

Clinica Baviera (XMAD:CBAV) Headlines

No Headlines