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Pacific Hospital Supply Co (ROCO:4126) Cyclically Adjusted PB Ratio : (As of May. 10, 2024)


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What is Pacific Hospital Supply Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pacific Hospital Supply Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pacific Hospital Supply Co'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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Pacific Hospital Supply Co Cyclically Adjusted PB Ratio Chart

Pacific Hospital Supply Co 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 2.42 2.40 2.30 2.12 2.29

Pacific Hospital Supply Co 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 2.31 2.37 2.20 2.29 -

Competitive Comparison of Pacific Hospital Supply Co's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Pacific Hospital Supply Co'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.


Pacific Hospital Supply Co's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Pacific Hospital Supply Co's Cyclically Adjusted PB Ratio falls into.



Pacific Hospital Supply Co 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.

Pacific Hospital Supply Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pacific Hospital Supply Co'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)
=40.436/129.4194*129.4194
=40.436

Current CPI (Mar. 2024) = 129.4194.

Pacific Hospital Supply Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.867 100.560 29.430
201409 23.951 100.428 30.865
201412 25.385 99.070 33.162
201503 26.321 99.621 34.194
201506 24.697 100.684 31.746
201509 26.372 100.392 33.997
201512 27.855 99.792 36.125
201603 0.000 100.470 0.000
201606 28.258 101.688 35.964
201609 29.335 101.861 37.272
201612 30.165 101.863 38.325
201703 31.004 102.862 39.009
201706 29.495 103.349 36.935
201709 30.589 104.136 38.016
201712 31.135 104.011 38.741
201803 31.647 105.290 38.900
201806 29.955 106.317 36.464
201809 30.881 106.507 37.524
201812 31.834 105.998 38.868
201903 32.658 107.251 39.408
201906 31.008 108.070 37.134
201909 32.101 108.329 38.351
201912 35.149 108.420 41.957
202003 36.025 108.902 42.812
202006 33.753 108.767 40.162
202009 34.920 109.815 41.154
202012 36.006 109.897 42.402
202103 37.181 111.754 43.058
202106 37.992 114.631 42.893
202109 36.625 115.734 40.956
202112 37.265 117.630 41.000
202203 38.038 121.301 40.584
202206 34.348 125.017 35.558
202209 35.904 125.227 37.106
202212 37.420 125.222 38.674
202303 38.984 127.348 39.618
202306 36.306 128.729 36.501
202309 38.012 129.860 37.883
202312 39.030 129.419 39.030
202403 40.436 129.419 40.436

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.


Pacific Hospital Supply Co  (ROCO:4126) 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.


Pacific Hospital Supply Co Cyclically Adjusted PB Ratio Related Terms

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Pacific Hospital Supply Co (ROCO:4126) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Tongke 2nd Road, Hsinchu Science Park, Tongluo Township, Miaoli, TWN
Pacific Hospital Supply Co Ltd manufactures processes and sells medical disposable products, equipment and does medical engineering work on centralized medical gas piping systems. Its products are divided into the central medical piping system, operation theatre, Oxygen/ Suction therapy equipment, and disposable medical supply products.

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