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Tandem Diabetes Care (MEX:TNDM) Cyclically Adjusted Book per Share : MXN226.59 (As of Mar. 2024)


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What is Tandem Diabetes Care 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.

Tandem Diabetes Care's adjusted book value per share for the three months ended in Mar. 2024 was MXN62.480. 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 MXN226.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tandem Diabetes Care's average Cyclically Adjusted Book Growth Rate was 24.60% 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 (2024-06-24), Tandem Diabetes Care's current stock price is MXN807.19. Tandem Diabetes Care's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN226.59. Tandem Diabetes Care's Cyclically Adjusted PB Ratio of today is 3.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tandem Diabetes Care was 60.94. The lowest was 1.13. And the median was 5.16.


Tandem Diabetes Care Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tandem Diabetes Care'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.

Tandem Diabetes Care Cyclically Adjusted Book per Share Chart

Tandem Diabetes Care 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 - - - 142.22 301.26

Tandem Diabetes Care 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 158.62 335.84 490.45 301.26 226.59

Competitive Comparison of Tandem Diabetes Care's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Tandem Diabetes Care'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.


Tandem Diabetes Care's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Tandem Diabetes Care 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, Tandem Diabetes Care'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)
=62.48/131.7762*131.7762
=62.480

Current CPI (Mar. 2024) = 131.7762.

Tandem Diabetes Care Quarterly Data

Book Value per Share CPI Adj_Book
201406 461.965 100.560 605.373
201409 385.707 100.428 506.105
201412 340.282 99.070 452.621
201503 523.429 99.621 692.378
201506 458.842 100.684 600.537
201509 400.290 100.392 525.430
201512 360.711 99.792 476.320
201603 260.604 100.470 341.806
201606 193.755 101.688 251.084
201609 32.794 101.861 42.425
201612 -39.297 101.863 -50.837
201703 -7.058 102.862 -9.042
201706 -65.781 103.349 -83.875
201709 -92.470 104.136 -117.014
201712 -56.572 104.011 -71.674
201803 4.616 105.290 5.777
201806 9.608 106.317 11.909
201809 37.639 106.507 46.569
201812 44.786 105.998 55.678
201903 40.468 107.251 49.722
201906 47.653 108.070 58.106
201909 55.850 108.329 67.938
201912 61.912 108.420 75.249
202003 80.869 108.902 97.855
202006 101.653 108.767 123.157
202009 116.132 109.815 139.357
202012 116.893 109.897 140.165
202103 102.388 111.754 120.732
202106 109.435 114.631 125.803
202109 126.272 115.734 143.775
202112 139.189 117.630 155.929
202203 136.199 121.301 147.961
202206 140.862 125.017 148.478
202209 132.031 125.227 138.937
202212 132.953 125.222 139.912
202303 94.507 127.348 97.793
202306 86.753 128.729 88.807
202309 83.900 129.860 85.138
202312 81.213 129.419 82.692
202403 62.480 131.776 62.480

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


Tandem Diabetes Care  (MEX:TNDM) 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.

Tandem Diabetes Care's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=807.19/226.59
=3.56

* 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 Tandem Diabetes Care was 60.94. The lowest was 1.13. And the median was 5.16.


Be Aware

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


Tandem Diabetes Care Cyclically Adjusted Book per Share Related Terms

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


Tandem Diabetes Care (MEX:TNDM) Business Description

Traded in Other Exchanges
Address
11075 Roselle Street, San Diego, CA, USA, 92121
Tandem Diabetes designs, manufactures, and markets durable insulin pumps for diabetes patients. The firm first entered this market in 2012 and has since introduced multiple generations of pumps leading to its current t:slim X2 device. Nearly three quarters of total revenue is derived from the U.S., with the remainder primarily from other developed nations. The pumps themselves generate just over half of total sales, and another one third is from disposable infusion sets that need to be changed over every 2 to 3 days.

Tandem Diabetes Care (MEX:TNDM) Headlines

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