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Nonthavej Hospital PCL (BKK:NTV-F) Cyclically Adjusted PB Ratio : 2.65 (As of May. 16, 2024)


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What is Nonthavej Hospital PCL Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Nonthavej Hospital PCL's current share price is ฿21.30. Nonthavej Hospital PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ฿8.03. Nonthavej Hospital PCL's Cyclically Adjusted PB Ratio for today is 2.65.

The historical rank and industry rank for Nonthavej Hospital PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:NTV-F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.53   Med: 4.21   Max: 7.1
Current: 2.53

During the past years, Nonthavej Hospital PCL's highest Cyclically Adjusted PB Ratio was 7.10. The lowest was 2.53. And the median was 4.21.

BKK:NTV-F's Cyclically Adjusted PB Ratio is ranked worse than
58.71% of 310 companies
in the Healthcare Providers & Services industry
Industry Median: 2.02 vs BKK:NTV-F: 2.53

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.

Nonthavej Hospital PCL's adjusted book value per share data for the three months ended in Dec. 2023 was ฿16.463. 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 ฿8.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nonthavej Hospital PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nonthavej Hospital PCL's Cyclically Adjusted PB Ratio 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.

Nonthavej Hospital PCL Cyclically Adjusted PB Ratio Chart

Nonthavej Hospital PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.18 4.15 3.31 3.11 2.65

Nonthavej Hospital PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio 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 3.11 2.97 - 2.84 2.65

Competitive Comparison of Nonthavej Hospital PCL's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Nonthavej Hospital PCL'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.


Nonthavej Hospital PCL's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Nonthavej Hospital PCL's Cyclically Adjusted PB Ratio falls into.



Nonthavej Hospital PCL Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Nonthavej Hospital PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.30/8.03
=2.65

* 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.

Nonthavej Hospital PCL's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Nonthavej Hospital PCL'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)
=16.463/129.4194*129.4194
=16.463

Current CPI (Dec. 2023) = 129.4194.

Nonthavej Hospital PCL Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.557 99.695 9.810
201406 7.833 100.560 10.081
201409 8.304 100.428 10.701
201412 8.752 99.070 11.433
201503 8.239 99.621 10.703
201506 8.625 100.684 11.087
201509 9.117 100.392 11.753
201512 9.642 99.792 12.505
201603 9.033 100.470 11.636
201606 9.417 101.688 11.985
201609 9.964 101.861 12.660
201612 10.525 101.863 13.372
201703 9.813 102.862 12.347
201706 10.248 103.349 12.833
201709 10.901 104.136 13.548
201712 11.541 104.011 14.360
201803 10.881 105.290 13.375
201806 11.429 106.317 13.913
201809 12.196 106.507 14.820
201812 12.733 105.998 15.547
201903 11.952 107.251 14.423
201906 12.445 108.070 14.904
201909 13.280 108.329 15.865
201912 13.907 108.420 16.601
202003 12.812 108.902 15.226
202006 12.880 108.767 15.326
202009 13.294 109.815 15.667
202012 13.767 109.897 16.213
202103 13.178 111.754 15.261
202106 13.336 114.631 15.056
202109 13.446 115.734 15.036
202112 13.897 117.630 15.290
202203 13.614 121.301 14.525
202206 13.946 125.017 14.437
202209 14.526 125.227 15.012
202212 15.195 125.222 15.704
202303 14.588 127.348 14.825
202306 0.000 128.729 0.000
202309 15.845 129.860 15.791
202312 16.463 129.419 16.463

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


Nonthavej Hospital PCL  (BKK:NTV-F) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Nonthavej Hospital PCL Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Nonthavej Hospital PCL's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Nonthavej Hospital PCL (BKK:NTV-F) Business Description

Traded in Other Exchanges
Address
432, Ngamvongwan Road, Tambol Bangkhen, Amphur Muangnonthaburi, Nonthaburi, THA, 11000
Nonthavej Hospital PCL is a Thailand based company operating in the medical treatment activity. It offers medical services through its own general hospital. It offers various medical services including full inpatient and outpatient medical services, ambulance services, internal and external health checkup services, dental, respiratory, physical therapy, laboratory, skin and cosmetic surgery, diabetes, orthopedic, nutrition, among others. The Company is engaged in the business of medical treatment in one geographical area, Thailand. The revenues from hospital operations mainly consist medical fees, hospital room sales and medicine sales.

Nonthavej Hospital PCL (BKK:NTV-F) Headlines

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