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CompuGroup Medical SE KgaA (HAM:COP) Cyclically Adjusted Book per Share : €8.87 (As of Mar. 2024)


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What is CompuGroup Medical SE KgaA Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

CompuGroup Medical SE KgaA's adjusted book value per share for the three months ended in Mar. 2024 was €13.212. 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 €8.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CompuGroup Medical SE KgaA's average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of CompuGroup Medical SE KgaA was 19.30% per year. The lowest was 13.00% per year. And the median was 19.00% per year.

As of today (2024-06-05), CompuGroup Medical SE KgaA's current stock price is €27.40. CompuGroup Medical SE KgaA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.87. CompuGroup Medical SE KgaA's Cyclically Adjusted PB Ratio of today is 3.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CompuGroup Medical SE KgaA was 17.47. The lowest was 3.14. And the median was 12.01.


CompuGroup Medical SE KgaA Cyclically Adjusted Book per Share Historical Data

The historical data trend for CompuGroup Medical SE KgaA's Cyclically Adjusted Book per Share 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.

CompuGroup Medical SE KgaA Cyclically Adjusted Book per Share Chart

CompuGroup Medical SE KgaA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.35 4.28 5.70 7.30 8.30

CompuGroup Medical SE KgaA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 7.74 7.84 7.94 8.30 8.87

Competitive Comparison of CompuGroup Medical SE KgaA's Cyclically Adjusted Book per Share

For the Health Information Services subindustry, CompuGroup Medical SE KgaA'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.


CompuGroup Medical SE KgaA's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where CompuGroup Medical SE KgaA's Cyclically Adjusted PB Ratio falls into.



CompuGroup Medical SE KgaA Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, CompuGroup Medical SE KgaA'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)
=13.212/125.0381*125.0381
=13.212

Current CPI (Mar. 2024) = 125.0381.

CompuGroup Medical SE KgaA Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.706 99.543 4.655
201409 3.980 99.823 4.985
201412 3.533 99.543 4.438
201503 3.910 99.717 4.903
201506 3.691 100.417 4.596
201509 3.785 100.417 4.713
201512 3.867 99.717 4.849
201603 4.095 100.017 5.119
201606 3.938 100.717 4.889
201609 4.125 101.017 5.106
201612 4.381 101.217 5.412
201703 4.635 101.417 5.715
201706 4.484 102.117 5.490
201709 4.693 102.717 5.713
201712 4.450 102.617 5.422
201803 4.672 102.917 5.676
201806 4.896 104.017 5.885
201809 5.003 104.718 5.974
201812 5.319 104.217 6.382
201903 5.647 104.217 6.775
201906 5.209 105.718 6.161
201909 5.429 106.018 6.403
201912 5.352 105.818 6.324
202003 5.575 105.718 6.594
202006 12.282 106.618 14.404
202009 11.762 105.818 13.898
202012 11.886 105.518 14.085
202103 11.670 107.518 13.572
202106 11.059 108.486 12.746
202109 11.772 109.435 13.450
202112 11.696 110.384 13.249
202203 12.066 113.968 13.238
202206 11.965 115.760 12.924
202209 12.980 118.818 13.660
202212 12.873 119.345 13.487
202303 12.989 122.402 13.269
202306 12.960 123.140 13.160
202309 13.399 124.195 13.490
202312 12.782 123.773 12.913
202403 13.212 125.038 13.212

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


CompuGroup Medical SE KgaA  (HAM:COP) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

CompuGroup Medical SE KgaA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.40/8.87
=3.09

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CompuGroup Medical SE KgaA was 17.47. The lowest was 3.14. And the median was 12.01.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


CompuGroup Medical SE KgaA Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of CompuGroup Medical SE KgaA's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


CompuGroup Medical SE KgaA (HAM:COP) Business Description

Traded in Other Exchanges
Address
Maria Trost 21, Koblenz, DEU, 56070
CompuGroup Medical SE & Co KgaA provides electronic health solutions to healthcare providers through four segments: Ambulatory information systems, Pharmacy information systems, Hospital information systems, and Consumer and Health Management Information Systems. The Ambulatory information systems segment contributes to the majority of revenue and provides practice management software and electronic medical record management. Pharmacy information systems provide clinical, administrative, and financial software for retail pharmacies. The Hospital information systems segment sells its solutions to in-patient centers. Consumer and Health Management Information Systems offers networking service connect providers and other market participants.

CompuGroup Medical SE KgaA (HAM:COP) Headlines

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