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Optomed (FRA:36U0) Cyclically Adjusted PB Ratio : 3.78 (As of Jun. 03, 2025)


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What is Optomed Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Optomed's current share price is €4.045. Optomed's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was €1.07. Optomed's Cyclically Adjusted PB Ratio for today is 3.78.

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

FRA:36U0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.49   Med: 3.89   Max: 4.25
Current: 3.76

During the past 10 years, Optomed's highest Cyclically Adjusted PB Ratio was 4.25. The lowest was 3.49. And the median was 3.89.

FRA:36U0's Cyclically Adjusted PB Ratio is ranked worse than
73.78% of 347 companies
in the Healthcare Providers & Services industry
Industry Median: 1.91 vs FRA:36U0: 3.76

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.

Optomed's adjusted book value per share data of for the fiscal year that ended in Dec24 was €1.202. 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 €1.07 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Optomed Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Optomed'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.

Optomed Cyclically Adjusted PB Ratio Chart

Optomed Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.26

Optomed 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 - - - 4.26 -

Competitive Comparison of Optomed's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, Optomed'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.


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

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

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


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Optomed 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.

Optomed's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.045/1.07
=3.78

* 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.

Optomed's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Optomed's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=1.202/122.3900*122.3900
=1.202

Current CPI (Dec24) = 122.3900.

Optomed Annual Data

Book Value per Share CPI Adj_Book
201512 0.000 99.990 0.000
201612 0.267 101.020 0.323
201712 0.088 101.510 0.106
201812 0.421 102.710 0.502
201912 1.716 103.650 2.026
202012 1.513 103.890 1.782
202112 1.255 107.490 1.429
202212 1.258 117.320 1.312
202312 1.145 121.540 1.153
202412 1.202 122.390 1.202

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.


Optomed  (FRA:36U0) 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.


Optomed Cyclically Adjusted PB Ratio Related Terms

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


Optomed Business Description

Traded in Other Exchanges
Address
Yrttipellontie 1, Oulu, FIN, 90230
Optomed PLC is a Finnish medical technology company and a manufacturer of handheld fundus cameras and screening software. The company operates in two business segments which are Devices and Software. Devices segment develops, commercializes, and manufactures easy-to-use and affordable handheld fundus cameras, that are suitable for any clinic for screening of various eye diseases, such as diabetic retinopathy, glaucoma, and AMD. The Software segment develops and commercializes screening software for diabetic retinopathy and cancer screening for healthcare organizations. The company operates in Finland, China, and other countries.

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