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Medical Data Vision Co (TSE:3902) Cyclically Adjusted Book per Share : 円88.61 (As of Mar. 2024)


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What is Medical Data Vision Co 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.

Medical Data Vision Co's adjusted book value per share for the three months ended in Mar. 2024 was 円104.338. 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88.61 for the trailing ten years ended in Mar. 2024.

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 (2024-06-09), Medical Data Vision Co's current stock price is 円514.00. Medical Data Vision Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円88.61. Medical Data Vision Co's Cyclically Adjusted PB Ratio of today is 5.80.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Medical Data Vision Co was 6.95. The lowest was 5.23. And the median was 6.31.


Medical Data Vision Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Medical Data Vision Co'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.

Medical Data Vision Co Cyclically Adjusted Book per Share Chart

Medical Data Vision Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Medical Data Vision Co 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 - - - - 88.61

Competitive Comparison of Medical Data Vision Co's Cyclically Adjusted Book per Share

For the Health Information Services subindustry, Medical Data Vision Co'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.


Medical Data Vision Co's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medical Data Vision Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Medical Data Vision Co's Cyclically Adjusted PB Ratio falls into.



Medical Data Vision Co 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, Medical Data Vision Co'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)
=104.338/107.2000*107.2000
=104.338

Current CPI (Mar. 2024) = 107.2000.

Medical Data Vision Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 37.804 95.600 42.391
201409 0.000 98.500 0.000
201412 61.578 97.900 67.428
201503 61.874 97.900 67.752
201506 60.926 98.400 66.375
201509 63.105 98.500 68.679
201512 65.937 98.100 72.053
201603 66.075 97.900 72.352
201606 65.691 98.100 71.785
201609 67.939 98.000 74.317
201612 70.223 98.400 76.503
201703 71.379 98.100 78.000
201706 72.359 98.500 78.750
201709 72.112 98.800 78.243
201712 79.085 99.400 85.291
201803 78.329 99.200 84.646
201806 78.000 99.200 84.290
201809 76.605 99.900 82.203
201812 81.906 99.700 88.067
201903 87.550 99.700 94.136
201906 90.163 99.800 96.848
201909 93.622 100.100 100.263
201912 99.677 100.500 106.322
202003 90.093 100.300 96.291
202006 94.334 99.900 101.227
202009 99.612 99.900 106.891
202012 103.999 99.300 112.273
202103 96.130 99.900 103.155
202106 100.583 99.500 108.367
202109 97.274 100.100 104.174
202112 106.686 100.100 114.253
202203 75.991 101.100 80.576
202206 83.434 101.800 87.860
202209 90.196 103.100 93.783
202212 92.040 104.100 94.781
202303 93.487 104.400 95.994
202306 97.830 105.200 99.690
202309 102.939 106.200 103.908
202312 111.299 106.800 111.716
202403 104.338 107.200 104.338

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


Medical Data Vision Co  (TSE:3902) 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.

Medical Data Vision Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=514.00/88.61
=5.80

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Medical Data Vision Co was 6.95. The lowest was 5.23. And the median was 6.31.


Be Aware

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


Medical Data Vision Co Cyclically Adjusted Book per Share Related Terms

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


Medical Data Vision Co (TSE:3902) Business Description

Traded in Other Exchanges
N/A
Address
7, Kandamitoshirocho, Chiyoda-ku, Tokyo, JPN, 101-0053
Medical Data Vision Co Ltd provides health information services. The company is engaged in Development, production, sales, Maintenance work of medical information integration system, Analysis, survey and consulting of various medical data, Planning, design, development, and operation of the portal site. Its products include Calteco that allows patients to store and view a part of clinical information themselves and CADA payment service such as medical expenses postpay service that patients can freely set payment terms. Medical Code is a system that utilizes standard format data such as hospitalized outpatient EF and electronic reception data in DPC format to support solving various management problems and other related products.

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