GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » H U Group Holdings Inc (OTCPK:MRCHF) » Definitions » Cyclically Adjusted Book per Share

MRCHF (H U Group Holdings) Cyclically Adjusted Book per Share : $20.01 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is H U Group Holdings 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.

H U Group Holdings's adjusted book value per share for the three months ended in Mar. 2024 was $16.741. 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 $20.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, H U Group Holdings's average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.00% 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 H U Group Holdings was 2.90% per year. The lowest was 0.80% per year. And the median was 1.75% per year.

As of today (2024-09-21), H U Group Holdings's current stock price is $15.97. H U Group Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $20.01. H U Group Holdings's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of H U Group Holdings was 2.40. The lowest was 0.86. And the median was 1.15.


H U Group Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for H U Group Holdings'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.

H U Group Holdings Cyclically Adjusted Book per Share Chart

H U Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.10 15.37 21.75 17.21 20.01

H U Group Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 18.29 17.15 17.43 20.01 -

Competitive Comparison of H U Group Holdings's Cyclically Adjusted Book per Share

For the Diagnostics & Research subindustry, H U Group Holdings'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.


H U Group Holdings's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, H U Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where H U Group Holdings's Cyclically Adjusted PB Ratio falls into.



H U Group Holdings 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, H U Group Holdings'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)
=16.741/107.2000*107.2000
=16.741

Current CPI (Mar. 2024) = 107.2000.

H U Group Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.240 98.000 28.703
201409 26.738 98.500 29.100
201412 25.404 97.900 27.817
201503 25.090 97.900 27.473
201506 25.027 98.400 27.265
201509 25.767 98.500 28.043
201512 22.686 98.100 24.790
201603 24.189 97.900 26.487
201606 24.383 98.100 26.645
201609 23.793 98.000 26.027
201612 22.835 98.400 24.877
201703 22.994 98.100 25.127
201706 23.764 98.500 25.863
201709 21.381 98.800 23.199
201712 18.920 99.400 20.405
201803 18.705 99.200 20.213
201806 17.829 99.200 19.267
201809 18.145 99.900 19.471
201812 17.659 99.700 18.987
201903 17.846 99.700 19.188
201906 17.864 99.800 19.189
201909 18.057 100.100 19.338
201912 17.456 100.500 18.620
202003 16.826 100.300 17.984
202006 15.986 99.900 17.154
202009 17.287 99.900 18.550
202012 18.367 99.300 19.828
202103 18.602 99.900 19.961
202106 18.869 99.500 20.329
202109 20.828 100.100 22.305
202112 20.576 100.100 22.035
202203 20.784 101.100 22.038
202206 19.161 101.800 20.177
202209 19.293 103.100 20.060
202212 19.954 104.100 20.548
202303 19.725 104.400 20.254
202306 18.618 105.200 18.972
202309 17.842 106.200 18.010
202312 17.500 106.800 17.566
202403 16.741 107.200 16.741

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


H U Group Holdings  (OTCPK:MRCHF) 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.

H U Group Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.97/20.01
=0.80

* 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 H U Group Holdings was 2.40. The lowest was 0.86. And the median was 1.15.


Be Aware

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


H U Group Holdings Cyclically Adjusted Book per Share Related Terms

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


H U Group Holdings Business Description

Traded in Other Exchanges
Address
Shinjuku Mitsui Building, 2-1-1 Nishishinjuku, Shinjuku-ku, Tokyo, JPN, 163-0408
H U Group Holdings Inc operates in the healthcare field, focusing on clinical laboratory testing and reagents. The company is engaged in four main businesses. The Clinical Laboratory Testing Business receives samples taken from patients at medical institutions to test for the disease and confirm the condition of the patient's health; In Vitro Diagnostics develops, manufactures, and sells testing reagents and equipment inside and outside Japan; Sterilization & Related Services Business provides a range of medical-related services including sterilization; and Emerging New Business & Others is a new business for future growth.

H U Group Holdings Headlines

No Headlines