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Medi Lifestyle (SGX:Z4D) Cyclically Adjusted Book per Share : S$0.65 (As of Dec. 2023)


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What is Medi Lifestyle 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.

Medi Lifestyle's adjusted book value per share for the three months ended in Dec. 2023 was S$-0.023. 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 S$0.65 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Medi Lifestyle's average Cyclically Adjusted Book Growth Rate was -21.70% 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 (2024-05-22), Medi Lifestyle's current stock price is S$0.011. Medi Lifestyle's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was S$0.65. Medi Lifestyle's Cyclically Adjusted PB Ratio of today is 0.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Medi Lifestyle was 0.34. The lowest was 0.01. And the median was 0.11.


Medi Lifestyle Cyclically Adjusted Book per Share Historical Data

The historical data trend for Medi Lifestyle'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.

Medi Lifestyle Cyclically Adjusted Book per Share Chart

Medi Lifestyle 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 - - 0.93 0.83 0.65

Medi Lifestyle Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.83 0.80 0.75 0.70 0.65

Competitive Comparison of Medi Lifestyle's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, Medi Lifestyle'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.


Medi Lifestyle's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medi Lifestyle's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Medi Lifestyle 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, Medi Lifestyle's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.023/129.4194*129.4194
=-0.023

Current CPI (Dec. 2023) = 129.4194.

Medi Lifestyle Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.536 99.695 1.994
201406 1.616 100.560 2.080
201409 1.565 100.428 2.017
201412 1.572 99.070 2.054
201503 1.563 99.621 2.031
201506 1.450 100.684 1.864
201509 1.448 100.392 1.867
201512 1.437 99.792 1.864
201603 1.316 100.470 1.695
201606 1.326 101.688 1.688
201609 1.360 101.861 1.728
201612 1.065 101.863 1.353
201703 0.986 102.862 1.241
201706 0.938 103.349 1.175
201709 0.886 104.136 1.101
201712 0.065 104.011 0.081
201803 0.000 105.290 0.000
201806 -0.008 106.317 -0.010
201809 -0.050 106.507 -0.061
201812 -0.117 105.998 -0.143
201903 -0.141 107.251 -0.170
201906 -0.075 108.070 -0.090
201909 0.025 108.329 0.030
201912 0.027 108.420 0.032
202003 0.075 108.902 0.089
202006 0.072 108.767 0.086
202009 0.060 109.815 0.071
202012 0.051 109.897 0.060
202103 0.031 111.754 0.036
202106 0.006 114.631 0.007
202109 -0.019 115.734 -0.021
202112 -0.035 117.630 -0.039
202203 -0.043 121.301 -0.046
202206 -0.049 125.017 -0.051
202209 -0.038 125.227 -0.039
202212 -0.045 125.222 -0.047
202303 -0.052 127.348 -0.053
202306 -0.031 128.729 -0.031
202309 -0.025 129.860 -0.025
202312 -0.023 129.419 -0.023

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


Medi Lifestyle  (SGX:Z4D) 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.

Medi Lifestyle's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.011/0.65
=0.02

* 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 Medi Lifestyle was 0.34. The lowest was 0.01. And the median was 0.11.


Be Aware

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


Medi Lifestyle Cyclically Adjusted Book per Share Related Terms

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


Medi Lifestyle (SGX:Z4D) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Universiti, Seksyen 13, 100.03.015, Level 3 Block J, 72A, Petaling Jaya, SGR, MYS, 46200
Medi Lifestyle Ltd is an investment holding company. The company's segment includes Healthcare and Outsourced Services. It generates maximum revenue from the Outsourced Services segment. The company's geographical segments are Malaysia and Singapore.

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