GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Medard SA (WAR:MRD) » Definitions » Cyclically Adjusted PB Ratio

Medard (WAR:MRD) Cyclically Adjusted PB Ratio : 1.51 (As of May. 27, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Medard Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Medard's current share price is zł0.65. Medard's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was zł0.43. Medard's Cyclically Adjusted PB Ratio for today is 1.51.

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

WAR:MRD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.51
Current: 1.51

During the past years, Medard's highest Cyclically Adjusted PB Ratio was 1.51. The lowest was 0.00. And the median was 0.00.

WAR:MRD's Cyclically Adjusted PB Ratio is ranked better than
52.68% of 298 companies
in the Interactive Media industry
Industry Median: 1.59 vs WAR:MRD: 1.51

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.

Medard's adjusted book value per share data for the three months ended in Sep. 2023 was zł0.048. 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 zł0.43 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medard Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Medard'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.

Medard Cyclically Adjusted PB Ratio Chart

Medard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.82 1.08

Medard Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.53 1.08 1.25 1.16 0.81

Competitive Comparison of Medard's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Medard'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.


Medard's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Medard's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Medard 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.

Medard's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.65/0.43
=1.51

* 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.

Medard's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Medard's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.048/146.1131*146.1131
=0.048

Current CPI (Sep. 2023) = 146.1131.

Medard Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.899 101.018 1.300
201403 0.909 101.262 1.312
201406 0.903 101.180 1.304
201409 0.918 100.611 1.333
201412 0.893 100.122 1.303
201503 0.845 100.041 1.234
201506 0.927 100.448 1.348
201509 0.248 99.634 0.364
201512 0.352 99.471 0.517
201603 0.236 98.983 0.348
201606 0.234 99.552 0.343
201609 0.179 99.064 0.264
201612 0.322 100.366 0.469
201703 0.313 101.018 0.453
201706 0.301 101.180 0.435
201709 0.265 101.343 0.382
201712 0.247 102.564 0.352
201803 0.246 102.564 0.350
201806 0.232 103.378 0.328
201809 0.217 103.378 0.307
201812 0.188 103.785 0.265
201903 0.192 104.274 0.269
201906 0.184 105.983 0.254
201909 0.176 105.983 0.243
201912 0.167 107.123 0.228
202003 0.161 109.076 0.216
202006 0.155 109.402 0.207
202009 0.147 109.320 0.196
202012 0.139 109.565 0.185
202103 0.131 112.658 0.170
202106 0.122 113.960 0.156
202109 0.113 115.588 0.143
202112 0.106 119.088 0.130
202203 0.098 125.031 0.115
202206 0.089 131.705 0.099
202209 0.082 135.531 0.088
202212 0.073 139.113 0.077
202303 0.066 145.950 0.066
202306 0.057 147.009 0.057
202309 0.048 146.113 0.048

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.


Medard  (WAR:MRD) 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.


Medard Cyclically Adjusted PB Ratio Related Terms

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


Medard (WAR:MRD) Business Description

Traded in Other Exchanges
N/A
Address
ul. Bagno 2/212, Warszawa, POL, 00-112
Medard SA, formerly Boomerang SA is a web development company. It provides services including website creation, maintenance services, implementation of content management systems, search engine optimization, to Internet marketing and consulting.

Medard (WAR:MRD) Headlines

No Headlines