GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MedCap AB (OSTO:MCAP) » Definitions » Cyclically Adjusted Book per Share

MedCap AB (OSTO:MCAP) Cyclically Adjusted Book per Share : kr45.18 (As of Mar. 2025)


View and export this data going back to 2004. Start your Free Trial

What is MedCap AB 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.

MedCap AB's adjusted book value per share for the three months ended in Mar. 2025 was kr87.197. 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 kr45.18 for the trailing ten years ended in Mar. 2025.

During the past 12 months, MedCap AB's average Cyclically Adjusted Book Growth Rate was 15.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.30% 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 MedCap AB was 21.20% per year. The lowest was 12.00% per year. And the median was 19.80% per year.

As of today (2025-05-31), MedCap AB's current stock price is kr435.50. MedCap AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr45.18. MedCap AB's Cyclically Adjusted PB Ratio of today is 9.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MedCap AB was 14.56. The lowest was 4.33. And the median was 8.04.


MedCap AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for MedCap AB'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.

MedCap AB Cyclically Adjusted Book per Share Chart

MedCap AB Annual Data
Trend Apr15 Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.23 24.98 31.91 37.84 43.70

MedCap AB 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 39.22 40.74 41.98 43.70 45.18

Competitive Comparison of MedCap AB's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, MedCap AB'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.


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

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

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


;
;

MedCap AB 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, MedCap AB'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)
=87.197/132.8245*132.8245
=87.197

Current CPI (Mar. 2025) = 132.8245.

MedCap AB Quarterly Data

Book Value per Share CPI Adj_Book
201504 19.909 99.941 26.460
201507 19.971 100.027 26.519
201510 20.298 100.301 26.880
201601 20.458 99.931 27.192
201604 21.027 100.732 27.726
201607 21.114 101.080 27.745
201610 21.162 101.485 27.697
201701 20.067 101.326 26.305
201704 20.214 102.615 26.165
201707 20.390 103.301 26.217
201710 20.552 103.202 26.451
201803 20.654 103.962 26.388
201806 20.772 104.875 26.308
201809 20.816 105.679 26.163
201812 20.170 105.912 25.295
201903 21.798 105.886 27.344
201906 22.913 106.742 28.512
201909 23.827 107.214 29.519
201912 24.370 107.766 30.037
202003 25.336 106.563 31.580
202006 38.733 107.498 47.859
202009 39.592 107.635 48.858
202012 40.261 108.296 49.380
202103 40.862 108.360 50.088
202106 41.352 108.928 50.424
202109 43.182 110.338 51.982
202112 47.005 112.486 55.504
202203 50.206 114.825 58.076
202206 51.894 118.384 58.224
202209 54.724 122.296 59.435
202212 57.831 126.365 60.787
202303 59.445 127.042 62.151
202306 63.997 129.407 65.687
202309 66.016 130.224 67.335
202312 69.082 131.912 69.560
202403 73.850 132.205 74.196
202406 77.497 132.716 77.560
202409 80.577 132.304 80.894
202412 85.621 132.987 85.516
202503 87.197 132.825 87.197

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


MedCap AB  (OSTO:MCAP) 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.

MedCap AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=435.50/45.18
=9.64

* 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 MedCap AB was 14.56. The lowest was 4.33. And the median was 8.04.


Be Aware

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


MedCap AB Cyclically Adjusted Book per Share Related Terms

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


MedCap AB Business Description

Traded in Other Exchanges
N/A
Address
Sundbybergsvagen 1, Solna, SWE, 171 73
MedCap AB acquires and develops profitable, market-leading niche companies in the Nordic life science industry. It is diversified into two business areas namely Medical technology and Specialist medicines. Medical Technology mainly develops and sells various medical technology products and services. Its Specialist medicines develop and sell medicines within the regulatory classes of registered, extemporaneous and licensed medicines.

MedCap AB Headlines

From GuruFocus

MCAP Inc. Reports Fourth Quarter 2022 EPS of $0.17 Per Share

By PRNewswire PRNewswire 02-16-2023

MCAP Inc. Reports First Quarter 2022 EPS of $0.15 Per Share

By PRNewswire PRNewswire 05-19-2022

MCAP Inc. Reports First Quarter 2022 EPS of $0.15 Per Share

By PRNewswire PRNewswire 06-28-2022

MCAP Inc. Reports First Quarter 2022 EPS of $0.15 Per Share

By PRNewswire PRNewswire 05-09-2022

MCAP Inc. Expands ETF Division and Announces Senior Hire

By PRNewswire PRNewswire 10-19-2022

MCAP Inc. Reports First Quarter 2022 EPS of $0.15 Per Share

By PRNewswire PRNewswire 07-08-2022

MCAP Inc. Reports First Quarter 2023 EPS of $0.10 Per Share

By PRNewswire PRNewswire 05-09-2023