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Synthetic MR AB (XSAT:SYNT) Cyclically Adjusted PB Ratio : 19.93 (As of May. 25, 2024)


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What is Synthetic MR AB Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Synthetic MR AB's current share price is kr27.70. Synthetic MR AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr1.39. Synthetic MR AB's Cyclically Adjusted PB Ratio for today is 19.93.

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

XSAT:SYNT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 17.48   Med: 25.55   Max: 85.33
Current: 20.18

During the past years, Synthetic MR AB's highest Cyclically Adjusted PB Ratio was 85.33. The lowest was 17.48. And the median was 25.55.

XSAT:SYNT's Cyclically Adjusted PB Ratio is ranked worse than
98.74% of 317 companies
in the Healthcare Providers & Services industry
Industry Median: 1.99 vs XSAT:SYNT: 20.18

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.

Synthetic MR AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr2.883. 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 kr1.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synthetic MR AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Synthetic MR AB'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.

Synthetic MR AB Cyclically Adjusted PB Ratio Chart

Synthetic MR AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Synthetic MR AB 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 - - - - 18.67

Competitive Comparison of Synthetic MR AB's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, Synthetic MR AB'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.


Synthetic MR AB's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Synthetic MR AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Synthetic MR AB 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.

Synthetic MR AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.70/1.39
=19.93

* 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.

Synthetic MR AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Synthetic MR AB'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)
=2.883/132.2054*132.2054
=2.883

Current CPI (Mar. 2024) = 132.2054.

Synthetic MR AB Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.022 100.403 0.029
201306 0.000 100.206 0.000
201312 0.306 100.541 0.402
201406 0.234 100.432 0.308
201412 0.530 100.225 0.699
201506 0.403 99.995 0.533
201512 0.531 100.276 0.700
201603 0.000 100.751 0.000
201606 0.491 101.019 0.643
201609 0.000 101.138 0.000
201612 0.591 102.022 0.766
201703 0.658 102.022 0.853
201706 0.658 102.752 0.847
201709 0.700 103.279 0.896
201712 0.798 103.793 1.016
201803 0.846 103.962 1.076
201806 0.926 104.875 1.167
201809 1.030 105.679 1.289
201812 1.140 105.912 1.423
201903 1.195 105.886 1.492
201906 1.106 106.742 1.370
201909 1.169 107.214 1.441
201912 1.084 107.766 1.330
202003 1.105 106.563 1.371
202006 1.027 107.498 1.263
202009 1.022 107.635 1.255
202012 0.945 108.296 1.154
202103 1.012 108.360 1.235
202106 1.006 108.928 1.221
202109 1.064 110.338 1.275
202112 1.142 112.486 1.342
202203 1.057 114.825 1.217
202206 2.464 118.384 2.752
202209 2.560 122.296 2.767
202212 2.572 126.365 2.691
202303 2.518 127.042 2.620
202306 2.604 129.407 2.660
202309 2.699 130.224 2.740
202312 2.799 131.912 2.805
202403 2.883 132.205 2.883

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.


Synthetic MR AB  (XSAT:SYNT) 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.


Synthetic MR AB Cyclically Adjusted PB Ratio Related Terms

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


Synthetic MR AB (XSAT:SYNT) Business Description

Traded in Other Exchanges
N/A
Address
Storgatan 11, Linkoping, SWE, SE-582 23
Synthetic MR AB develops innovative software solutions for Magnetic Resonance Imaging that supports shorter exam times and delivers more information to the clinician. Its product is available in different packages. SyMRI IMAGE provides high MRI workflows and enables automatic segmentation of brain tissue, providing objective decision support, MAGiC is a customer-specific version of SyMRI IMAGE marketed and sold by GE Healthcare under a licence agreement, SyMRI NEURO includes contrast images, biomarker segmentation, volumetric measurements of brain tissues and quantitative parametric maps, and SyMRI Research Edition includes contrast images, volumetric measurements and quantitative maps to provide more information to the researcher.

Synthetic MR AB (XSAT:SYNT) Headlines