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First Physicians Capital Group (First Physicians Capital Group) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is First Physicians Capital Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


First Physicians Capital Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for First Physicians Capital Group'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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First Physicians Capital Group Cyclically Adjusted PB Ratio Chart

First Physicians Capital Group Annual Data
Trend Jan04 Jan05 Jan06 Jan07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13
Cyclically Adjusted PB Ratio
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First Physicians Capital Group Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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Competitive Comparison of First Physicians Capital Group's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, First Physicians Capital Group'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.


First Physicians Capital Group's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, First Physicians Capital Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where First Physicians Capital Group's Cyclically Adjusted PB Ratio falls into.



First Physicians Capital Group 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.

First Physicians Capital Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2014 is calculated as:

For example, First Physicians Capital Group's adjusted Book Value per Share data for the three months ended in Jun. 2014 was:

Adj_Book=Book Value per Share/CPI of Jun. 2014 (Change)*Current CPI (Jun. 2014)
=416.151/100.5595*100.5595
=416.151

Current CPI (Jun. 2014) = 100.5595.

First Physicians Capital Group Quarterly Data

Book Value per Share CPI Adj_Book
200407 -19,187.129 79.910 -24,145.295
200410 -23,776.923 80.543 -29,686.061
200501 1,676.923 80.458 2,095.872
200504 1,239.423 82.104 1,518.027
200507 798.077 82.441 973.471
200510 180.435 84.045 215.891
200601 -152.174 83.665 -182.903
200604 -331.522 85.015 -392.139
200607 -443.478 85.859 -519.410
200610 -565.217 85.142 -667.570
200701 -1,719.577 85.402 -2,024.786
200704 -949.735 87.203 -1,095.202
200707 -1,145.503 87.884 -1,310.725
200712 -462.530 88.616 -524.867
200803 -725.304 90.090 -809.595
200806 -574.359 92.320 -625.617
200809 -859.684 92.307 -936.543
200812 -961.240 88.697 -1,089.793
200903 -1,060.853 89.744 -1,188.699
200906 -1,378.976 91.003 -1,523.783
200909 -1,332.738 91.120 -1,470.808
200912 -1,332.301 91.111 -1,470.462
201003 -1,626.862 91.821 -1,781.692
201006 -1,866.888 91.962 -2,041.427
201009 -2,178.457 92.162 -2,376.959
201012 -2,366.622 92.474 -2,573.549
201103 -2,480.851 94.283 -2,646.001
201106 -2,013.564 95.235 -2,126.152
201109 -2,107.846 95.727 -2,214.257
201112 -1,704.920 95.213 -1,800.649
201203 -1,588.830 96.783 -1,650.828
201206 -1,381.383 96.819 -1,434.748
201209 -1,258.910 97.633 -1,296.644
201212 -1,181.383 96.871 -1,226.365
201303 -794.149 98.209 -813.153
201306 -572.739 98.518 -584.609
201309 -414.894 98.790 -422.325
201312 -170.612 98.326 -174.488
201403 209.771 99.695 211.591
201406 416.151 100.560 416.151

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.


First Physicians Capital Group  (OTCPK:FPCG) 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.


First Physicians Capital Group Cyclically Adjusted PB Ratio Related Terms

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First Physicians Capital Group (First Physicians Capital Group) Business Description

Traded in Other Exchanges
N/A
Address
433 North Camden Drive, Suite 810, Beverly Hills, CA, USA, 90210
First Physicians Capital Group Inc provides financial and managerial services to healthcare facilities in non-urban markets.
Executives
William A Houlihan director, 10 percent owner 10900 WAYZATA BOULEVARD, MINNETONKA MN 55305
Anthony J Ciabattoni 10 percent owner 16 LAGUNITA DRIVE, LAGUNA BEACH CA 92651

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