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Pharmarise Holdings (TSE:2796) Cyclically Adjusted Book per Share : 円680.94 (As of Feb. 2024)


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What is Pharmarise 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.

Pharmarise Holdings's adjusted book value per share for the three months ended in Feb. 2024 was 円700.157. 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 円680.94 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Pharmarise Holdings's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Pharmarise Holdings was 5.40% per year. The lowest was 4.50% per year. And the median was 4.80% per year.

As of today (2024-06-20), Pharmarise Holdings's current stock price is 円639.00. Pharmarise Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was 円680.94. Pharmarise Holdings's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pharmarise Holdings was 1.42. The lowest was 0.90. And the median was 1.11.


Pharmarise Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pharmarise 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.

Pharmarise Holdings Cyclically Adjusted Book per Share Chart

Pharmarise Holdings Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 554.65 569.27 593.78 632.24 666.24

Pharmarise Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 656.96 666.24 673.44 680.97 680.94

Competitive Comparison of Pharmarise Holdings's Cyclically Adjusted Book per Share

For the Pharmaceutical Retailers subindustry, Pharmarise 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.


Pharmarise Holdings's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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



Pharmarise 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, Pharmarise Holdings's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=700.157/106.9000*106.9000
=700.157

Current CPI (Feb. 2024) = 106.9000.

Pharmarise Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201405 631.187 98.100 687.807
201408 619.745 98.300 673.965
201411 636.285 97.900 694.779
201502 641.863 97.600 703.024
201505 626.592 98.700 678.649
201508 569.629 98.400 618.835
201511 636.576 98.100 693.680
201602 645.208 97.800 705.243
201605 613.121 98.200 667.440
201608 587.695 97.900 641.722
201611 588.226 98.600 637.742
201702 575.392 98.100 627.007
201705 602.054 98.600 652.734
201708 587.562 98.500 637.669
201711 618.096 99.100 666.745
201802 628.163 99.500 674.881
201805 601.280 99.300 647.299
201808 574.729 99.800 615.617
201811 577.296 100.000 617.129
201902 578.054 99.700 619.799
201905 591.042 100.000 631.824
201908 619.622 100.000 662.376
201911 637.594 100.500 678.197
202002 649.080 100.300 691.791
202005 635.550 100.100 678.724
202008 615.659 100.100 657.482
202011 635.935 99.500 683.231
202102 634.162 99.800 679.278
202105 669.089 99.400 719.574
202108 661.795 99.700 709.588
202111 685.686 100.100 732.266
202202 693.384 100.700 736.075
202205 706.429 101.800 741.820
202208 704.290 102.700 733.093
202211 699.801 103.900 720.007
202302 714.230 104.000 734.146
202305 730.038 105.100 742.541
202308 729.083 105.900 735.968
202311 707.879 106.900 707.879
202402 700.157 106.900 700.157

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


Pharmarise Holdings  (TSE:2796) 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.

Pharmarise Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=639.00/680.94
=0.94

* 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 Pharmarise Holdings was 1.42. The lowest was 0.90. And the median was 1.11.


Be Aware

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


Pharmarise Holdings Cyclically Adjusted Book per Share Related Terms

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


Pharmarise Holdings (TSE:2796) Business Description

Traded in Other Exchanges
N/A
Address
8 Floor, Sumitomo Nakano Sakue Building, 1-38-1 Chuo, Nakano-ku, Tokyo, JPN, 164-0011
Pharmarise Holdings Corp is engaged in the operation of dispensing pharmacies, which prescribe medicines to general patients based on prescriptions issued by medical institutions. It is also engaged in the storage and management of medical examination records of patients on behalf of the medical institution.

Pharmarise Holdings (TSE:2796) Headlines

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