GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mediclinic International PLC (OTCPK:ANHGY) » Definitions » Cyclically Adjusted PB Ratio

Mediclinic International (Mediclinic International) Cyclically Adjusted PB Ratio : 1.01 (As of May. 25, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Mediclinic International Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Mediclinic International's current share price is $5.49. Mediclinic International's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar22 was $5.46. Mediclinic International's Cyclically Adjusted PB Ratio for today is 1.01.

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

ANHGY's Cyclically Adjusted PB Ratio is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 1.99
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Mediclinic International's adjusted book value per share data of for the fiscal year that ended in Mar22 was $5.552. 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 $5.46 for the trailing ten years ended in Mar22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mediclinic International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mediclinic International'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.

Mediclinic International Cyclically Adjusted PB Ratio Chart

Mediclinic International Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.74 0.85

Mediclinic International Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 - 0.74 - 0.85 -

Competitive Comparison of Mediclinic International's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Mediclinic International'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.


Mediclinic International's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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



Mediclinic International 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.

Mediclinic International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.49/5.46
=1.01

* 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.

Mediclinic International's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar22 is calculated as:

For example, Mediclinic International's adjusted Book Value per Share data for the fiscal year that ended in Mar22 was:

Adj_Book=Book Value per Share/CPI of Mar22 (Change)*Current CPI (Mar22)
=5.552/116.5000*116.5000
=5.552

Current CPI (Mar22) = 116.5000.

Mediclinic International Annual Data

Book Value per Share CPI Adj_Book
201303 2.236 97.800 2.664
201403 2.777 99.300 3.258
201503 3.041 99.600 3.557
201603 6.782 100.400 7.870
201703 6.845 102.700 7.765
201803 6.226 105.100 6.901
201903 5.631 107.000 6.131
202003 4.851 108.600 5.204
202103 5.360 109.700 5.692
202203 5.552 116.500 5.552

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.


Mediclinic International  (OTCPK:ANHGY) 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.


Mediclinic International Cyclically Adjusted PB Ratio Related Terms

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


Mediclinic International (Mediclinic International) Business Description

Traded in Other Exchanges
N/A
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Mediclinic International PLC is a UK based international private healthcare group. It is engaged in offering acute care, specialist-orientated and multi-disciplinary healthcare services, by operating many hospitals and clinics. The geographic operating segments of the company are Mediclinic Southern Africa, Mediclinic Switzerland, and Mediclinic Middle East. It derives the majority of the revenue from the Switzerland segment. The other non-operating segments of the company are the United Kingdom and Corporate. The group's operations are carried out under the Mediclinic and Hirslanden brand.

Mediclinic International (Mediclinic International) Headlines