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Hangzhou Tigermed Consulting Co (FRA:5HZ1) Cyclically Adjusted Book per Share : €0.67 (As of Mar. 2024)


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What is Hangzhou Tigermed Consulting Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Hangzhou Tigermed Consulting Co's adjusted book value per share for the three months ended in Mar. 2024 was €3.121. 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 €0.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hangzhou Tigermed Consulting Co's average Cyclically Adjusted Book Growth Rate was 28.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 40.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Hangzhou Tigermed Consulting Co was 40.70% per year. The lowest was 40.70% per year. And the median was 40.70% per year.

As of today (2024-05-16), Hangzhou Tigermed Consulting Co's current stock price is €4.14. Hangzhou Tigermed Consulting Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.67. Hangzhou Tigermed Consulting Co's Cyclically Adjusted PB Ratio of today is 6.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hangzhou Tigermed Consulting Co was 56.25. The lowest was 4.01. And the median was 16.52.


Hangzhou Tigermed Consulting Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hangzhou Tigermed Consulting Co's Cyclically Adjusted Book per Share 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.

Hangzhou Tigermed Consulting Co Cyclically Adjusted Book per Share Chart

Hangzhou Tigermed Consulting Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.43 0.74 0.89

Hangzhou Tigermed Consulting 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 Book per Share 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 0.69 0.72 0.67 0.89 0.67

Competitive Comparison of Hangzhou Tigermed Consulting Co's Cyclically Adjusted Book per Share

For the Diagnostics & Research subindustry, Hangzhou Tigermed Consulting 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.


Hangzhou Tigermed Consulting Co's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Hangzhou Tigermed Consulting Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hangzhou Tigermed Consulting Co's Cyclically Adjusted PB Ratio falls into.



Hangzhou Tigermed Consulting Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Hangzhou Tigermed Consulting 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)
=3.121/114.6694*114.6694
=3.121

Current CPI (Mar. 2024) = 114.6694.

Hangzhou Tigermed Consulting Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.141 98.200 0.165
201409 0.157 98.900 0.182
201412 0.175 99.000 0.203
201503 0.203 99.900 0.233
201506 0.198 99.500 0.228
201509 0.201 100.500 0.229
201512 0.220 100.600 0.251
201603 0.294 102.200 0.330
201606 0.289 101.400 0.327
201609 0.288 102.400 0.323
201612 0.313 102.600 0.350
201703 0.318 103.200 0.353
201706 0.410 103.100 0.456
201709 0.405 104.100 0.446
201712 0.426 104.500 0.467
201803 0.452 105.300 0.492
201806 0.472 104.900 0.516
201809 0.462 106.600 0.497
201812 0.483 106.500 0.520
201903 0.484 107.700 0.515
201906 0.628 107.700 0.669
201909 0.658 109.800 0.687
201912 0.723 111.200 0.746
202003 0.777 112.300 0.793
202006 0.868 110.400 0.902
202009 2.284 111.700 2.345
202012 2.322 111.500 2.388
202103 2.428 112.662 2.471
202106 2.519 111.769 2.584
202109 2.593 112.215 2.650
202112 2.886 113.108 2.926
202203 3.019 114.335 3.028
202206 3.021 114.558 3.024
202209 3.165 115.339 3.147
202212 3.039 115.116 3.027
202303 3.130 115.116 3.118
202306 3.041 114.558 3.044
202309 3.099 115.339 3.081
202312 3.095 114.669 3.095
202403 3.121 114.669 3.121

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Hangzhou Tigermed Consulting Co  (FRA:5HZ1) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Hangzhou Tigermed Consulting Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.14/0.67
=6.18

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hangzhou Tigermed Consulting Co was 56.25. The lowest was 4.01. And the median was 16.52.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Hangzhou Tigermed Consulting Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Hangzhou Tigermed Consulting Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Hangzhou Tigermed Consulting Co (FRA:5HZ1) Business Description

Traded in Other Exchanges
Address
Block 8, No. 19 Jugong Road, Room 2001-2010, 20th Floor, Xixing Sub-District, Binjiang District, Hangzhou, CHN, 310053
Hangzhou Tigermed Consulting Co Ltd is a China-based Contract Research Organization. The company's segment includes Clinical trial solutions and Clinical-related and laboratory services. It generates maximum revenue from the Clinical trial solutions segment. The company's offered services include bioanalytical, medical writing, biostatistics analysis, and medical imaging. The therapeutic areas of the company include Infections, Hematology, Cardiovascular, Endocrinology, Rheumatology, Nephrology, and Central Nervous System (CNS) among others.

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