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Birner Dental Management Services (Birner Dental Management Services) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Birner Dental Management Services Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Birner Dental Management Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Birner Dental Management Services'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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Birner Dental Management Services Cyclically Adjusted PB Ratio Chart

Birner Dental Management Services Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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Birner Dental Management Services Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Birner Dental Management Services's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Birner Dental Management Services'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.


Birner Dental Management Services's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Birner Dental Management Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Birner Dental Management Services's Cyclically Adjusted PB Ratio falls into.



Birner Dental Management Services 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.

Birner Dental Management Services's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Birner Dental Management Services's adjusted Book Value per Share data for the three months ended in Sep. 2018 was:

Adj_Book=Book Value per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=-2.03/106.5067*106.5067
=-2.030

Current CPI (Sep. 2018) = 106.5067.

Birner Dental Management Services Quarterly Data

Book Value per Share CPI Adj_Book
200812 3.442 88.697 4.133
200903 3.751 89.744 4.452
200906 3.985 91.003 4.664
200909 4.021 91.120 4.700
200912 4.099 91.111 4.792
201003 4.155 91.821 4.820
201006 4.118 91.962 4.769
201009 4.247 92.162 4.908
201012 4.263 92.474 4.910
201103 4.328 94.283 4.889
201106 4.379 95.235 4.897
201109 4.227 95.727 4.703
201112 4.229 95.213 4.731
201203 4.030 96.783 4.435
201206 3.912 96.819 4.303
201209 3.959 97.633 4.319
201212 3.784 96.871 4.160
201303 3.753 98.209 4.070
201306 3.706 98.518 4.007
201309 3.530 98.790 3.806
201312 3.176 98.326 3.440
201403 3.061 99.695 3.270
201406 2.850 100.560 3.019
201409 2.457 100.428 2.606
201412 2.028 99.070 2.180
201503 1.819 99.621 1.945
201506 1.593 100.684 1.685
201509 1.275 100.392 1.353
201512 0.886 99.792 0.946
201603 0.852 100.470 0.903
201606 0.752 101.688 0.788
201609 0.491 101.861 0.513
201612 0.231 101.863 0.242
201703 0.129 102.862 0.134
201706 -0.234 103.349 -0.241
201709 -0.493 104.136 -0.504
201712 -0.947 104.011 -0.970
201803 -1.053 105.290 -1.065
201806 -1.697 106.317 -1.700
201809 -2.030 106.507 -2.030

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.


Birner Dental Management Services  (OTCPK:BDMS) 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.


Birner Dental Management Services Cyclically Adjusted PB Ratio Related Terms

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Birner Dental Management Services (Birner Dental Management Services) Business Description

Traded in Other Exchanges
N/A
Address
Birner Dental Management Services Inc is engaged in the medical care domain based in the United States. The company provides a solution to the needs of dentists, patients, and third-party payers by allowing its affiliated dentists to provide dental care in patient-friendly, family practice settings. The company offers specialty dental services through affiliated specialists at some of its locations. Dentists practicing at its offices provide general dentistry services, including crowns and bridges and fillings.
Executives
Bradley M Tirpak director, 10 percent owner 50 ORCHARD ST., NEW YORK NY 10002
John M Climaco director PO BOX 326, PARK CITY UT 84060
Joshua Horowitz director, 10 percent owner 72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Palm Global Small Cap Master Fund Lp director, 10 percent owner C/O PALM MANAGEMENT (US) LLC, 19 WEST ELM STREET, GREENWICH CT 06830
Palm Management (us) Llc director, 10 percent owner 19 WEST ELM STREET, GREENWICH CT 06830
Bradley C Palmer 10 percent owner C/O PALM MANAGEMENT (US) LLC, 19 WEST ELM STREET, GREENWICH CT 06830
Charles M Gillman 10 percent owner, other: See Explanation of Responses 1223 WILSHIRE BOULEVARD, OFFICE 648, SANTA MONICA CA 90402
Star Equity Holdings, Inc. 10 percent owner, other: See Explanation of Responses 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Barry Igdaloff 10 percent owner, other: See Explanation of Responses
Lee D Keddie 10 percent owner, other: See Explanation of Responses 1110 W. LAKE COOK ROAD SUITE 220 BUFFALO GROVE IL 60089