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Artemis Medicare Services (BOM:542919) Cyclically Adjusted PB Ratio : 8.48 (As of Jun. 04, 2025)


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What is Artemis Medicare Services Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Artemis Medicare Services's current share price is ₹267.80. Artemis Medicare Services's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 was ₹31.58. Artemis Medicare Services's Cyclically Adjusted PB Ratio for today is 8.48.

The historical rank and industry rank for Artemis Medicare Services's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:542919' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.55   Med: 6.96   Max: 9.06
Current: 8.86

During the past 11 years, Artemis Medicare Services's highest Cyclically Adjusted PB Ratio was 9.06. The lowest was 6.55. And the median was 6.96.

BOM:542919's Cyclically Adjusted PB Ratio is ranked worse than
91.09% of 348 companies
in the Healthcare Providers & Services industry
Industry Median: 1.915 vs BOM:542919: 8.86

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.

Artemis Medicare Services's adjusted book value per share data of for the fiscal year that ended in Mar25 was ₹60.877. 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 ₹31.58 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Artemis Medicare Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Artemis Medicare Services'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.

Artemis Medicare Services Cyclically Adjusted PB Ratio Chart

Artemis Medicare Services Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 6.38 8.70

Artemis Medicare Services Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.38 - - - 8.70

Competitive Comparison of Artemis Medicare Services's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Artemis Medicare Services'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.


Artemis Medicare Services's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Artemis Medicare Services's Cyclically Adjusted PB Ratio falls into.


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Artemis Medicare Services 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.

Artemis Medicare Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=267.80/31.58
=8.48

* 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.

Artemis Medicare Services's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Artemis Medicare Services's adjusted Book Value per Share data for the fiscal year that ended in Mar25 was:

Adj_Book=Book Value per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=60.877/157.5517*157.5517
=60.877

Current CPI (Mar25) = 157.5517.

Artemis Medicare Services Annual Data

Book Value per Share CPI Adj_Book
201603 13.892 102.518 21.349
201703 15.430 105.196 23.109
201803 17.454 109.786 25.048
201903 22.169 118.202 29.549
202003 23.663 124.705 29.896
202103 24.188 131.771 28.920
202203 27.152 138.822 30.815
202303 30.059 146.865 32.246
202403 33.001 153.035 33.975
202503 60.877 157.552 60.877

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.


Artemis Medicare Services  (BOM:542919) 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.


Artemis Medicare Services Cyclically Adjusted PB Ratio Related Terms

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


Artemis Medicare Services Business Description

Traded in Other Exchanges
N/A
Address
Artemis Hospital, Sector 51, Gurugram, HR, IND, 122001
Artemis Medicare Services Ltd is engaged in managing and operating multi-specialty hospitals. The hospital provides treatments for Allergy and Immunology, Blood (Haematology), Bones, Muscles and Joints (Orthopaedics), Brain, Spine and Nervous System, Cancer (Oncology), Circulatory (Vascular), Digestive (Gastroenterology), Endocrine, Diabetes And Metabolism, Dermatology, Heart (Cardiology), Infectious Diseases, Kidneys (Renal), Lung (Pulmonary), Mouth, Teeth And Face (Oral And Maxillofacial), Obstetrics And Gynecology, Psychiatry, Rheumatology (Arthritis And Joint Disease), Surgery, and Urology. The Company derives revenue majorily from Healthcare Services through operation of multi-specialty Hospitals.

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