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Vibhavadi Medical Center PCL (BKK:VIBHA-R) Cyclically Adjusted PB Ratio : 2.92 (As of May. 22, 2024)


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What is Vibhavadi Medical Center PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Vibhavadi Medical Center PCL's current share price is ฿2.77077. Vibhavadi Medical Center PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ฿0.95. Vibhavadi Medical Center PCL's Cyclically Adjusted PB Ratio for today is 2.92.

The historical rank and industry rank for Vibhavadi Medical Center PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:VIBHA-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.5   Med: 4.42   Max: 8.55
Current: 3.13

During the past years, Vibhavadi Medical Center PCL's highest Cyclically Adjusted PB Ratio was 8.55. The lowest was 2.50. And the median was 4.42.

BKK:VIBHA-R's Cyclically Adjusted PB Ratio is ranked worse than
65.18% of 313 companies
in the Healthcare Providers & Services industry
Industry Median: 1.98 vs BKK:VIBHA-R: 3.13

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.

Vibhavadi Medical Center PCL's adjusted book value per share data for the three months ended in Mar. 2024 was ฿0.926. 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 ฿0.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vibhavadi Medical Center PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vibhavadi Medical Center PCL'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.

Vibhavadi Medical Center PCL Cyclically Adjusted PB Ratio Chart

Vibhavadi Medical Center PCL 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 4.37 3.25 4.93 4.27 2.52

Vibhavadi Medical Center PCL 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 3.96 3.64 3.20 2.52 2.91

Competitive Comparison of Vibhavadi Medical Center PCL's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Vibhavadi Medical Center PCL'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.


Vibhavadi Medical Center PCL's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Vibhavadi Medical Center PCL's Cyclically Adjusted PB Ratio falls into.



Vibhavadi Medical Center PCL 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.

Vibhavadi Medical Center PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.77077/0.95
=2.92

* 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.

Vibhavadi Medical Center PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Vibhavadi Medical Center PCL'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)
=0.926/131.7762*131.7762
=0.926

Current CPI (Mar. 2024) = 131.7762.

Vibhavadi Medical Center PCL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.361 100.560 0.473
201409 0.369 100.428 0.484
201412 0.386 99.070 0.513
201503 0.405 99.621 0.536
201506 0.387 100.684 0.507
201509 0.403 100.392 0.529
201512 0.420 99.792 0.555
201603 0.440 100.470 0.577
201606 0.443 101.688 0.574
201609 0.513 101.861 0.664
201612 0.517 101.863 0.669
201703 0.487 102.862 0.624
201706 0.486 103.349 0.620
201709 0.517 104.136 0.654
201712 0.531 104.011 0.673
201803 0.542 105.290 0.678
201806 0.511 106.317 0.633
201809 0.541 106.507 0.669
201812 0.538 105.998 0.669
201903 0.587 107.251 0.721
201906 0.574 108.070 0.700
201909 0.576 108.329 0.701
201912 0.587 108.420 0.713
202003 0.566 108.902 0.685
202006 0.561 108.767 0.680
202009 0.565 109.815 0.678
202012 0.602 109.897 0.722
202103 0.646 111.754 0.762
202106 0.656 114.631 0.754
202109 0.755 115.734 0.860
202112 0.897 117.630 1.005
202203 0.969 121.301 1.053
202206 0.984 125.017 1.037
202209 1.064 125.227 1.120
202212 1.061 125.222 1.117
202303 0.984 127.348 1.018
202306 0.890 128.729 0.911
202309 0.929 129.860 0.943
202312 0.949 129.419 0.966
202403 0.926 131.776 0.926

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.


Vibhavadi Medical Center PCL  (BKK:VIBHA-R) 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.


Vibhavadi Medical Center PCL Cyclically Adjusted PB Ratio Related Terms

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Vibhavadi Medical Center PCL (BKK:VIBHA-R) Business Description

Traded in Other Exchanges
Address
51/3 Ngam Wong Wan Road, Latyao Sub-District, Chatuchak District, Bangkok, THA, 10900
Vibhavadi Medical Center PCL provides healthcare services in Thailand. The company operates multiple hospital buildings in Thailand and employs specialists from a large number of medical fields. Some medical technologies used at hospitals include Magnetic Resonance Imaging (MRI), X-ray Computed Tomography, Datospir, Wavefront Lasik, Laparoscopic Surgery, and Gastrointestinal Endoscopy. The company has two operating segments: Hospitals and Others. The Hospitals segment includes the operations of the General Hospital, Hospitals in Social Security, and the National Health Security Office systems. The Others segment is composed of Rental and Hotel services. The Hospital segment is responsible for generating a majority of the company's revenue, derived from medical treatment services.

Vibhavadi Medical Center PCL (BKK:VIBHA-R) Headlines

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