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KORU Medical Systems (KORU Medical Systems) Cyclically Adjusted Book per Share : $0.48 (As of Mar. 2024)


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What is KORU Medical Systems 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.

KORU Medical Systems's adjusted book value per share for the three months ended in Mar. 2024 was $0.418. 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 $0.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KORU Medical Systems's average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 30.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 36.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of KORU Medical Systems was 71.00% per year. The lowest was 26.00% per year. And the median was 35.70% per year.

As of today (2024-06-05), KORU Medical Systems's current stock price is $2.11. KORU Medical Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.48. KORU Medical Systems's Cyclically Adjusted PB Ratio of today is 4.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KORU Medical Systems was 67.65. The lowest was 3.70. And the median was 8.25.


KORU Medical Systems Cyclically Adjusted Book per Share Historical Data

The historical data trend for KORU Medical Systems'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.

KORU Medical Systems Cyclically Adjusted Book per Share Chart

KORU Medical Systems Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.23 0.32 0.40 0.46

KORU Medical Systems 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 0.42 0.44 0.46 0.46 0.48

Competitive Comparison of KORU Medical Systems's Cyclically Adjusted Book per Share

For the Medical Instruments & Supplies subindustry, KORU Medical Systems'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.


KORU Medical Systems's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

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

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



KORU Medical Systems 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, KORU Medical Systems'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)
=0.418/131.7762*131.7762
=0.418

Current CPI (Mar. 2024) = 131.7762.

KORU Medical Systems Quarterly Data

Book Value per Share CPI Adj_Book
201402 0.142 99.057 0.189
201405 0.145 100.373 0.190
201408 0.155 100.352 0.204
201411 0.157 99.635 0.208
201502 0.165 99.032 0.220
201505 0.164 100.333 0.215
201508 0.173 100.548 0.227
201511 0.178 100.135 0.234
201602 0.187 100.040 0.246
201605 0.183 101.355 0.238
201608 0.180 101.617 0.233
201611 0.178 101.829 0.230
201702 0.177 102.779 0.227
201706 0.186 103.349 0.237
201709 0.193 104.136 0.244
201803 0.214 105.290 0.268
201806 0.228 106.317 0.283
201809 0.239 106.507 0.296
201812 0.235 105.998 0.292
201903 0.240 107.251 0.295
201906 0.248 108.070 0.302
201909 0.279 108.329 0.339
201912 0.284 108.420 0.345
202003 0.306 108.902 0.370
202006 0.894 108.767 1.083
202009 0.909 109.815 1.091
202012 0.836 109.897 1.002
202103 0.850 111.754 1.002
202106 0.838 114.631 0.963
202109 0.827 115.734 0.942
202112 0.818 117.630 0.916
202203 0.779 121.301 0.846
202206 0.725 125.017 0.764
202209 0.718 125.227 0.756
202212 0.689 125.222 0.725
202303 0.654 127.348 0.677
202306 0.616 128.729 0.631
202309 0.601 129.860 0.610
202312 0.446 129.419 0.454
202403 0.418 131.776 0.418

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


KORU Medical Systems  (NAS:KRMD) 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.

KORU Medical Systems's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.11/0.48
=4.40

* 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 KORU Medical Systems was 67.65. The lowest was 3.70. And the median was 8.25.


Be Aware

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


KORU Medical Systems Cyclically Adjusted Book per Share Related Terms

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


KORU Medical Systems (KORU Medical Systems) Business Description

Traded in Other Exchanges
N/A
Address
100 Corporate Drive, Mahwah, NJ, USA, 07430
KORU Medical Systems Inc is a developer and manufacturer of medical devices and supplies. It focuses on home and specialty infusion solutions. Its primary products include the Freedom Integrated Infusion System: the FREEDOM60 and FreedomEdge Syringe Drivers, Precision Flow Rate Tubing, and HIgH-Flo Subcutaneous Safety Needle Sets. It is a manufacturer of subcutaneous infusion devices that deliver life-saving immunoglobulin therapies to patients with chronic illnesses such as Primary Immunodeficiencies (PIDD) and Chronic Inflammatory Demyelinating Polyneuropathy (CIDP).
Executives
Manko Joseph M. Jr. 10 percent owner 1717 ARCH STREET, 37TH FLOOR, PHILADELPHIA PA 19103
Kenneth E Miller officer: Chief Commercial Officer 26 MOUNTAINVIEW RD, WARREN NJ 07059
Edward Wholihan director C/O ALLENA PHARMACEUTICALS, INC., ONE NEWTOWN EXECUTIVE PARK SUITE 202, NEWTON MA 02462
Linda M Tharby officer: President and CEO BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
Robert Cascella director C/O HOLOGIC, INC., BEDFORD MA 01730
Lafrence Andrew D.c. officer: Chief Financial Officer C/O VYANT BIO, INC., 201 ROUTE 17 NORTH, 2ND FLOOR, RUTHERFORD NJ 07070
Thomas Edward Adams officer: Interim CFO 524 WOODLAND AVENUE, BRIELLE NJ 08730
Brian Case officer: Chief Technology Officer 424 CYPRUS CIR, LAKE VILLA IL 60046-8629
Shahriar Matin director 96 TALAMINE COURT, COLORADO SPRINGS CO 80907
Donna French director 25 SEARSVILLE COURT, HILLSBOROUGH CA 94010
Donald B Pettigrew officer: Pres./Chief Commercial Officer 7871 ENGEN LOOP, PARK CITY UT 84098
Karen Fisher officer: CFO 24 CARPENTER ROAD, CHESTER NY 10918
Daniel S Goldberger director 24 CARPENTER ROAD, CHESTER NY 10918
R John Fletcher director C/O VYANT BIO, INC., 201 ROUTE 17 NORTH, 2ND FLOOR, RUTHERFORD NJ 07070
Horton Freedom, L.p. 10 percent owner 1717 ARCH STREET, 37TH FLOOR, PHILADELPHIA PA 19103