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Rhoen Klinikum AG (XTER:RHK) Cyclically Adjusted Book per Share : €19.92 (As of Dec. 2023)


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What is Rhoen Klinikum AG 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.

Rhoen Klinikum AG's adjusted book value per share for the three months ended in Dec. 2023 was €18.704. 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 €19.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rhoen Klinikum AG's average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Rhoen Klinikum AG was 8.10% per year. The lowest was 5.00% per year. And the median was 7.40% per year.

As of today (2024-05-05), Rhoen Klinikum AG's current stock price is €12.40. Rhoen Klinikum AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €19.92. Rhoen Klinikum AG's Cyclically Adjusted PB Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rhoen Klinikum AG was 1.99. The lowest was 0.48. And the median was 0.97.


Rhoen Klinikum AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rhoen Klinikum AG'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.

Rhoen Klinikum AG Cyclically Adjusted Book per Share Chart

Rhoen Klinikum AG 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 15.24 15.77 17.02 18.86 19.92

Rhoen Klinikum AG 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 18.86 19.44 19.65 19.91 19.92

Competitive Comparison of Rhoen Klinikum AG's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, Rhoen Klinikum AG'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.


Rhoen Klinikum AG's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Rhoen Klinikum AG's Cyclically Adjusted PB Ratio falls into.



Rhoen Klinikum AG 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, Rhoen Klinikum AG'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)
=18.704/123.6675*123.6675
=18.704

Current CPI (Dec. 2023) = 123.6675.

Rhoen Klinikum AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 22.157 99.543 27.527
201406 20.571 99.543 25.557
201409 8.687 99.823 10.762
201412 16.724 99.543 20.777
201503 17.162 99.717 21.284
201506 16.591 100.417 20.433
201509 14.322 100.417 17.638
201512 16.253 99.717 20.157
201603 16.999 100.017 21.019
201606 16.469 100.717 20.222
201609 16.652 101.017 20.386
201612 16.292 101.217 19.906
201703 16.409 101.417 20.009
201706 16.183 102.117 19.598
201709 16.326 102.717 19.656
201712 16.467 102.617 19.845
201803 16.613 102.917 19.963
201806 16.502 104.017 19.619
201809 16.915 104.718 19.976
201812 16.961 104.217 20.126
201903 17.086 104.217 20.275
201906 16.992 105.718 19.877
201909 17.248 106.018 20.119
201912 17.352 105.818 20.279
202003 17.287 105.718 20.222
202006 17.334 106.618 20.106
202009 17.415 105.818 20.353
202012 17.409 105.518 20.403
202103 17.437 107.518 20.056
202106 17.591 108.486 20.053
202109 17.694 109.435 19.995
202112 17.902 110.384 20.056
202203 17.920 113.968 19.445
202206 18.087 115.760 19.322
202209 18.172 118.818 18.914
202212 18.282 119.345 18.944
202303 18.373 122.402 18.563
202306 18.309 123.140 18.387
202309 18.481 124.195 18.403
202312 18.704 123.668 18.704

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


Rhoen Klinikum AG  (XTER:RHK) 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.

Rhoen Klinikum AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.40/19.92
=0.62

* 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 Rhoen Klinikum AG was 1.99. The lowest was 0.48. And the median was 0.97.


Be Aware

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


Rhoen Klinikum AG Cyclically Adjusted Book per Share Related Terms

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


Rhoen Klinikum AG (XTER:RHK) Business Description

Traded in Other Exchanges
Address
Salzburger Leite 1, Bad Neustadt a. d. Saale, DEU, 97616
Rhoen Klinikum AG provides medical care focused in five key areas: cardiovascular medicine, neuromedicine, oncology, pulmonary diseases, and orthopedic and trauma surgery. The firm operates in three business areas: acute hospitals, medical care centers, and rehabilitation hospitals. The acute hospitals business contributes to the vast majority of the firm's overall revenue. The majority of patients at the firm's acute hospitals and medical care centers are treated on an outpatient basis. Rhoen Klinikum generates the entirety of its revenue in Germany, with the Bavaria and Hesse regions contributing the largest proportions of revenue.

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