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Prism Medical (Prism Medical) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Prism Medical Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Prism Medical Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prism Medical'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.

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Prism Medical Cyclically Adjusted PB Ratio Chart

Prism Medical Annual Data
Trend Nov06 Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15
Cyclically Adjusted PB Ratio
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Prism Medical Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16
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Competitive Comparison of Prism Medical's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Prism Medical'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.


Prism Medical's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Prism Medical's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Prism Medical 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.

Prism Medical's Cyclically Adjusted Book per Share for the quarter that ended in May. 2016 is calculated as:

For example, Prism Medical's adjusted Book Value per Share data for the three months ended in May. 2016 was:

Adj_Book=Book Value per Share/CPI of May. 2016 (Change)*Current CPI (May. 2016)
=3.681/101.7646*101.7646
=3.681

Current CPI (May. 2016) = 101.7646.

Prism Medical Quarterly Data

Book Value per Share CPI Adj_Book
200608 2.526 86.753 2.963
200611 2.649 86.279 3.124
200702 2.596 87.069 3.034
200705 2.681 88.570 3.080
200708 2.923 88.254 3.370
200711 3.222 88.412 3.709
200802 3.067 88.649 3.521
200805 3.227 90.545 3.627
200808 3.127 91.335 3.484
200811 2.855 90.150 3.223
200902 2.868 89.913 3.246
200905 2.940 90.624 3.301
200908 3.407 90.624 3.826
200911 3.550 91.019 3.969
201002 3.297 91.335 3.673
201005 3.111 91.888 3.445
201008 3.467 92.204 3.826
201011 3.723 92.836 4.081
201102 3.708 93.311 4.044
201105 4.032 95.286 4.306
201108 3.821 95.049 4.091
201111 3.940 95.523 4.197
201202 3.978 95.760 4.227
201205 4.062 96.471 4.285
201208 3.934 96.234 4.160
201211 3.970 96.313 4.195
201302 3.895 96.945 4.089
201305 3.960 97.182 4.147
201308 4.078 97.261 4.267
201311 4.387 97.182 4.594
201402 4.413 98.051 4.580
201405 6.291 99.394 6.441
201408 6.253 99.315 6.407
201411 4.931 99.078 5.065
201502 4.813 99.078 4.943
201505 3.919 100.263 3.978
201508 3.722 100.579 3.766
201511 3.664 100.421 3.713
201602 3.596 100.421 3.644
201605 3.681 101.765 3.681

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.


Prism Medical  (OTCPK:PSDLF) 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.


Prism Medical Cyclically Adjusted PB Ratio Related Terms

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Prism Medical (Prism Medical) Business Description

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Prism Medical Ltd. is a provider of durable medical equipment and related services to the mobility disadvantaged in Canada, the USA and the United Kingdom.

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