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Semler Scientific (FRA:6FA) Cyclically Adjusted Book per Share : €3.17 (As of Mar. 2024)


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What is Semler Scientific 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.

Semler Scientific's adjusted book value per share for the three months ended in Mar. 2024 was €10.358. 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 €3.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Semler Scientific's average Cyclically Adjusted Book Growth Rate was 49.80% 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.

As of today (2024-06-10), Semler Scientific's current stock price is €27.20. Semler Scientific's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.17. Semler Scientific's Cyclically Adjusted PB Ratio of today is 8.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Semler Scientific was 36.00. The lowest was 6.74. And the median was 14.15.


Semler Scientific Cyclically Adjusted Book per Share Historical Data

The historical data trend for Semler Scientific'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.

Semler Scientific Cyclically Adjusted Book per Share Chart

Semler Scientific 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 - - - 1.89 2.86

Semler Scientific 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 1.94 2.23 2.77 2.86 3.17

Competitive Comparison of Semler Scientific's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Semler Scientific'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.


Semler Scientific's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Semler Scientific's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Semler Scientific 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, Semler Scientific'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)
=10.358/131.7762*131.7762
=10.358

Current CPI (Mar. 2024) = 131.7762.

Semler Scientific Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.924 100.560 1.211
201409 0.761 100.428 0.999
201412 0.591 99.070 0.786
201503 0.496 99.621 0.656
201506 0.304 100.684 0.398
201509 0.095 100.392 0.125
201512 -0.192 99.792 -0.254
201603 -0.291 100.470 -0.382
201606 -0.440 101.688 -0.570
201609 -0.488 101.861 -0.631
201612 -0.540 101.863 -0.699
201703 -0.570 102.862 -0.730
201706 -0.592 103.349 -0.755
201709 -0.551 104.136 -0.697
201712 -0.371 104.011 -0.470
201803 -0.208 105.290 -0.260
201806 0.031 106.317 0.038
201809 0.321 106.507 0.397
201812 0.583 105.998 0.725
201903 0.861 107.251 1.058
201906 0.852 108.070 1.039
201909 1.962 108.329 2.387
201912 1.802 108.420 2.190
202003 2.199 108.902 2.661
202006 2.303 108.767 2.790
202009 2.830 109.815 3.396
202012 3.655 109.897 4.383
202103 4.408 111.754 5.198
202106 4.893 114.631 5.625
202109 5.537 115.734 6.304
202112 5.964 117.630 6.681
202203 6.608 121.301 7.179
202206 7.157 125.017 7.544
202209 7.933 125.227 8.348
202212 7.854 125.222 8.265
202303 8.524 127.348 8.820
202306 8.979 128.729 9.192
202309 9.858 129.860 10.004
202312 9.562 129.419 9.736
202403 10.358 131.776 10.358

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


Semler Scientific  (FRA:6FA) 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.

Semler Scientific's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.20/3.17
=8.58

* 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 Semler Scientific was 36.00. The lowest was 6.74. And the median was 14.15.


Be Aware

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


Semler Scientific Cyclically Adjusted Book per Share Related Terms

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


Semler Scientific (FRA:6FA) Business Description

Traded in Other Exchanges
Address
2340-2348 Walsh Avenue, Suite 2344, Santa Clara, CA, USA, 95051
Semler Scientific Inc is a US-based company that is engaged in providing technology solutions to improve the clinical effectiveness and efficiency of healthcare providers. It focuses on developing, manufacturing, and marketing proprietary products and services that assist customers, including insurance plans, physicians, and risk assessment groups, in evaluating and treating chronic diseases. The company markets its vascular-testing product under the QuantaFlo brand, which is a four-minute in-office blood flow test.

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