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Thomson Medical Group (SGX:A50) Cyclically Adjusted PB Ratio : 0.63 (As of Jun. 07, 2024)


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What is Thomson Medical Group Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Thomson Medical Group's current share price is S$0.05. Thomson Medical Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was S$0.08. Thomson Medical Group's Cyclically Adjusted PB Ratio for today is 0.63.

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

SGX:A50' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.05   Max: 3.6
Current: 0.63

During the past 13 years, Thomson Medical Group's highest Cyclically Adjusted PB Ratio was 3.60. The lowest was 0.57. And the median was 1.05.

SGX:A50's Cyclically Adjusted PB Ratio is ranked better than
82.37% of 329 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs SGX:A50: 0.63

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.

Thomson Medical Group's adjusted book value per share data of for the fiscal year that ended in Jun23 was S$0.019. 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 S$0.08 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thomson Medical Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thomson Medical Group'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.

Thomson Medical Group Cyclically Adjusted PB Ratio Chart

Thomson Medical Group Annual Data
Trend Mar12 Mar13 Dec14 Dec15 Dec16 Dec17 Dec18 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 1.11 1.10 0.97 0.73

Thomson Medical Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 0.97 - 0.73 -

Competitive Comparison of Thomson Medical Group's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Thomson Medical Group'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.


Thomson Medical Group's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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



Thomson Medical Group 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.

Thomson Medical Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.05/0.08
=0.63

* 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.

Thomson Medical Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Thomson Medical Group's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.019/128.7287*128.7287
=0.019

Current CPI (Jun23) = 128.7287.

Thomson Medical Group Annual Data

Book Value per Share CPI Adj_Book
201203 0.037 96.783 0.049
201303 0.036 98.209 0.047
201412 0.118 99.070 0.153
201512 0.101 99.792 0.130
201612 0.135 101.863 0.171
201712 0.131 104.011 0.162
201812 0.027 105.998 0.033
202106 0.019 114.631 0.021
202206 0.020 125.017 0.021
202306 0.019 128.729 0.019

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.


Thomson Medical Group  (SGX:A50) 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.


Thomson Medical Group Cyclically Adjusted PB Ratio Related Terms

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


Thomson Medical Group (SGX:A50) Business Description

Traded in Other Exchanges
Address
101 Thomson Road, No. 20-04/05, United Square, Singapore, SGP, 307591
Thomson Medical Group Ltd is a provider of healthcare services for women and children. Its segments include Hospital services; Specialised services and Investment holdings. It generates maximum revenue from the Specialised services segment. The specialised services segment includes services provided by fertility clinics, paediatric centres, cancer centre, cardiology centre, Chinese medicine, specialist skin centre and a pre-natal and clinical diagnostic laboratory and project-related services such as managing vaccination centres, COVID-19 Treatment Facilities and Transitional Care Facilities. It also includes a consumer business segment, comprising products and services. Geographically, it derives a majority of its revenue from Singapore.

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