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CHC Healthcare Group (TPE:4164) Cyclically Adjusted Book per Share : NT$43.45 (As of Mar. 2024)


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What is CHC Healthcare Group 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.

CHC Healthcare Group's adjusted book value per share for the three months ended in Mar. 2024 was NT$36.996. 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 NT$43.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CHC Healthcare Group's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of CHC Healthcare Group was 5.70% per year. The lowest was 5.70% per year. And the median was 5.70% per year.

As of today (2024-06-08), CHC Healthcare Group's current stock price is NT$52.10. CHC Healthcare Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$43.45. CHC Healthcare Group's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CHC Healthcare Group was 1.70. The lowest was 0.86. And the median was 1.07.


CHC Healthcare Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for CHC Healthcare Group'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.

CHC Healthcare Group Cyclically Adjusted Book per Share Chart

CHC Healthcare Group 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 - 36.34 39.41 42.07 42.93

CHC Healthcare Group 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 42.68 43.11 43.28 42.93 43.45

Competitive Comparison of CHC Healthcare Group's Cyclically Adjusted Book per Share

For the Medical Distribution subindustry, CHC Healthcare Group'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.


CHC Healthcare Group's Cyclically Adjusted PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, CHC Healthcare Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CHC Healthcare Group 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, CHC Healthcare Group'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)
=36.996/131.7762*131.7762
=36.996

Current CPI (Mar. 2024) = 131.7762.

CHC Healthcare Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 35.451 100.560 46.456
201409 35.377 100.428 46.420
201412 35.775 99.070 47.586
201503 34.968 99.621 46.255
201506 33.742 100.684 44.162
201509 34.513 100.392 45.303
201512 36.944 99.792 48.785
201603 36.776 100.470 48.235
201606 34.634 101.688 44.882
201609 34.437 101.861 44.551
201612 35.520 101.863 45.951
201703 35.627 102.862 45.642
201706 34.719 103.349 44.269
201709 34.425 104.136 43.562
201712 35.117 104.011 44.491
201803 35.030 105.290 43.842
201806 34.747 106.317 43.068
201809 35.236 106.507 43.596
201812 35.795 105.998 44.500
201903 36.536 107.251 44.891
201906 35.180 108.070 42.897
201909 36.185 108.329 44.017
201912 36.706 108.420 44.613
202003 37.095 108.902 44.887
202006 35.719 108.767 43.275
202009 37.426 109.815 44.911
202012 37.473 109.897 44.934
202103 38.123 111.754 44.953
202106 38.537 114.631 44.301
202109 36.969 115.734 42.093
202112 37.779 117.630 42.322
202203 36.217 121.301 39.345
202206 36.860 125.017 38.853
202209 37.535 125.227 39.498
202212 38.016 125.222 40.006
202303 36.659 127.348 37.934
202306 37.241 128.729 38.123
202309 37.630 129.860 38.185
202312 38.808 129.419 39.515
202403 36.996 131.776 36.996

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


CHC Healthcare Group  (TPE:4164) 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.

CHC Healthcare Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=52.10/43.45
=1.20

* 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 CHC Healthcare Group was 1.70. The lowest was 0.86. And the median was 1.07.


Be Aware

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


CHC Healthcare Group Cyclically Adjusted Book per Share Related Terms

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


CHC Healthcare Group (TPE:4164) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Xing’ai Road, Neihu District, Taipei, TWN, 114067
CHC Healthcare Group is a Taiwan based company engaged in the trading of pharmaceutical products and the sale, leasing, installation, and repair of medical instruments. It is engaged in the distribution of radiotherapy equipment, including equipment that is used in the treatment of radiation oncology, ophthalmology, dentistry, and neuroscience. It also provides medical equipment consulting for hospitals and clinics. It earns revenues from the sale of drugs, sale of medical instruments, and repairs maintenance and other services.

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