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Masimo (LTS:0JZ2) Cyclically Adjusted Book per Share : $21.65 (As of Mar. 2025)


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What is Masimo 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.

Masimo's adjusted book value per share for the three months ended in Mar. 2025 was $17.455. 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 $21.65 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Masimo's average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 20.50% 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 Masimo was 23.50% per year. The lowest was 15.00% per year. And the median was 21.15% per year.

As of today (2025-05-30), Masimo's current stock price is $154.46. Masimo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $21.65. Masimo's Cyclically Adjusted PB Ratio of today is 7.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Masimo was 25.39. The lowest was 4.04. And the median was 13.80.


Masimo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Masimo'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.

Masimo Cyclically Adjusted Book per Share Chart

Masimo Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.44 14.52 16.84 19.61 21.90

Masimo Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 20.24 20.95 21.31 21.90 21.65

Competitive Comparison of Masimo's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Masimo'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.


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

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

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


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Masimo 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, Masimo's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=17.455/134.9266*134.9266
=17.455

Current CPI (Mar. 2025) = 134.9266.

Masimo Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.563 100.684 7.455
201509 5.354 100.392 7.196
201512 5.521 99.792 7.465
201603 5.471 100.470 7.347
201606 5.981 101.688 7.936
201609 6.707 101.861 8.884
201612 11.163 101.863 14.786
201703 12.395 102.862 16.259
201706 13.658 103.349 17.831
201709 13.882 104.136 17.987
201712 14.022 104.011 18.190
201803 14.802 105.290 18.968
201806 15.817 106.317 20.073
201809 17.216 106.507 21.810
201812 18.255 105.998 23.237
201903 18.844 107.251 23.707
201906 19.500 108.070 24.346
201909 20.674 108.329 25.750
201912 21.750 108.420 27.067
202003 23.160 108.902 28.695
202006 24.469 108.767 30.354
202009 25.698 109.815 31.574
202012 25.477 109.897 31.280
202103 24.148 111.754 29.155
202106 25.269 114.631 29.743
202109 26.586 115.734 30.995
202112 28.015 117.630 32.135
202203 28.506 121.301 31.708
202206 22.895 125.017 24.710
202209 23.830 125.227 25.676
202212 25.503 125.222 27.480
202303 25.205 127.348 26.705
202306 24.770 128.729 25.963
202309 24.140 129.860 25.082
202312 25.828 129.419 26.927
202403 25.717 131.776 26.332
202406 25.731 132.554 26.192
202409 27.329 133.029 27.719
202412 19.625 133.157 19.886
202503 17.455 134.927 17.455

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


Masimo  (LTS:0JZ2) 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.

Masimo's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=154.46/21.65
=7.13

* 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 Masimo was 25.39. The lowest was 4.04. And the median was 13.80.


Be Aware

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


Masimo Cyclically Adjusted Book per Share Related Terms

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


Masimo Business Description

Traded in Other Exchanges
Address
52 Discovery, Irvine, CA, USA, 92618
Masimo Corp is a technology company. The company's segment includes healthcare and non-healthcare. The healthcare business segment is a key revenue driver, develops, manufactures, and markets a variety of noninvasive patient monitoring technologies, hospital automation and connectivity solutions, remote monitoring devices and consumer health products. Its non-healthcare segment includes consumer audio business develops, manufactures, markets sells and licenses premium and luxury audio sound products and related integration technologies.

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