GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hypertension Diagnostics Inc (OTCPK:HDII) » Definitions » Cyclically Adjusted PB Ratio

Hypertension Diagnostics (Hypertension Diagnostics) Cyclically Adjusted PB Ratio : (As of Jun. 14, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Hypertension Diagnostics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hypertension Diagnostics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hypertension Diagnostics'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.

Hypertension Diagnostics Cyclically Adjusted PB Ratio Chart

Hypertension Diagnostics Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Hypertension Diagnostics Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Dec16 Dec17 Dec18 Mar19 Jun19 Sep19
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 - - - - -

Competitive Comparison of Hypertension Diagnostics's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Hypertension Diagnostics'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.


Hypertension Diagnostics's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Hypertension Diagnostics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hypertension Diagnostics 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.

Hypertension Diagnostics's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Hypertension Diagnostics's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=-0.091/107.6113*107.6113
=-0.091

Current CPI (Sep. 2019) = 107.6113.

Hypertension Diagnostics Quarterly Data

Book Value per Share CPI Adj_Book
200412 0.035 83.276 0.045
200503 0.054 83.987 0.069
200506 0.050 84.461 0.064
200509 0.038 85.647 0.048
200512 0.031 85.015 0.039
200603 0.051 85.805 0.064
200606 0.046 86.516 0.057
200609 0.043 86.279 0.054
200612 0.037 86.437 0.046
200703 0.036 87.780 0.044
200706 0.036 88.412 0.044
200709 0.025 88.412 0.030
200712 0.030 88.491 0.036
200803 0.021 88.965 0.025
200806 0.020 91.177 0.024
200809 0.023 91.414 0.027
200812 0.019 89.518 0.023
200903 0.019 90.071 0.023
200906 0.016 90.940 0.019
200909 -0.003 90.624 -0.004
200912 -0.008 90.703 -0.009
201003 -0.015 91.335 -0.018
201006 -0.004 91.809 -0.005
201009 0.004 92.362 0.005
201012 0.001 92.836 0.001
201103 -0.001 94.338 -0.001
201106 0.010 94.654 0.011
201109 -0.012 95.286 -0.014
201112 -0.017 94.970 -0.019
201203 -0.005 96.155 -0.006
201206 -0.006 96.076 -0.007
201209 -0.017 96.392 -0.019
201212 -0.017 95.760 -0.019
201303 -0.027 97.103 -0.030
201612 -0.081 101.449 -0.086
201712 -0.088 103.345 -0.092
201812 -0.091 105.399 -0.093
201903 -0.091 106.979 -0.092
201906 -0.091 107.690 -0.091
201909 -0.091 107.611 -0.091

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.


Hypertension Diagnostics  (OTCPK:HDII) 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.


Hypertension Diagnostics Cyclically Adjusted PB Ratio Related Terms

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


Hypertension Diagnostics (Hypertension Diagnostics) Business Description

Traded in Other Exchanges
N/A
Address
550 Highway 7 Unit 316, Ontario, ON, CAN, L4B324
Hypertension Diagnostics Inc is a shell company.