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Kovai Medical Center & Hospital (BOM:523323) Cyclically Adjusted PB Ratio : (As of May. 06, 2025)


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What is Kovai Medical Center & Hospital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kovai Medical Center & Hospital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kovai Medical Center & Hospital'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.

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Kovai Medical Center & Hospital Cyclically Adjusted PB Ratio Chart

Kovai Medical Center & Hospital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 9.83

Kovai Medical Center & Hospital Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 9.83 - 11.79 -

Competitive Comparison of Kovai Medical Center & Hospital's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Kovai Medical Center & Hospital'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.


Kovai Medical Center & Hospital's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Kovai Medical Center & Hospital's Cyclically Adjusted PB Ratio falls into.


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Kovai Medical Center & Hospital 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.

Kovai Medical Center & Hospital's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Kovai Medical Center & Hospital's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0/158.3229*158.3229
=0.000

Current CPI (Dec. 2024) = 158.3229.

Kovai Medical Center & Hospital Quarterly Data

Book Value per Share CPI Adj_Book
201103 0.000 70.768 0.000
201203 55.595 76.889 114.477
201206 0.000 79.567 0.000
201209 128.824 82.244 247.991
201212 0.000 83.774 0.000
201303 72.511 85.687 133.978
201306 0.000 88.365 0.000
201403 92.484 91.425 160.157
201503 124.931 97.163 203.570
201603 160.886 102.518 248.462
201703 213.767 105.196 321.725
201712 0.000 109.404 0.000
201803 262.577 109.786 378.662
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 313.694 118.202 420.170
201906 0.000 120.880 0.000
201909 343.081 123.175 440.979
201912 0.000 126.235 0.000
202003 393.929 124.705 500.124
202006 0.000 127.000 0.000
202009 421.694 130.118 513.102
202012 0.000 130.889 0.000
202103 466.092 131.771 560.012
202106 0.000 134.084 0.000
202109 517.700 135.847 603.354
202112 0.000 138.161 0.000
202203 556.853 138.822 635.077
202206 0.000 142.347 0.000
202209 600.279 144.661 656.969
202212 0.000 145.763 0.000
202303 657.142 146.865 708.412
202306 0.000 150.280 0.000
202309 713.856 151.492 746.044
202312 0.000 152.924 0.000
202403 812.044 153.035 840.106
202406 0.000 155.789 0.000
202409 889.737 157.882 892.221
202412 0.000 158.323 0.000

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.


Kovai Medical Center & Hospital  (BOM:523323) 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.


Kovai Medical Center & Hospital Cyclically Adjusted PB Ratio Related Terms

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Kovai Medical Center & Hospital Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Avanashi Road, Post Box No. 3209, Coimbatore, TN, IND, 641 014
Kovai Medical Center & Hospital Ltd provides hospital services to inpatients and outpatients. The company's operating segments include Healthcare Services and Education Services. It generates maximum revenue from the Healthcare segment. The company operates various medical facilities, which provide services related to critical care medicine, dermatology, emergency, Endocrinology and Diabetology, fertility and reproductive medicine, gastroenterology, neonatology, nephrology, neurology, obstetrics and gynecology, pediatric surgery, pulmonology, psychological medicine, and rheumatology, as well as health check programs and pediatrics.

Kovai Medical Center & Hospital Headlines

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