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Teladoc Health (FRA:4LL) Cyclically Adjusted PB Ratio : 0.41 (As of May. 25, 2024)


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What is Teladoc Health Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Teladoc Health's current share price is €10.772. Teladoc Health's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €26.59. Teladoc Health's Cyclically Adjusted PB Ratio for today is 0.41.

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

FRA:4LL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.62   Max: 0.77
Current: 0.4

During the past years, Teladoc Health's highest Cyclically Adjusted PB Ratio was 0.77. The lowest was 0.40. And the median was 0.62.

FRA:4LL's Cyclically Adjusted PB Ratio is ranked better than
87.7% of 317 companies
in the Healthcare Providers & Services industry
Industry Median: 1.99 vs FRA:4LL: 0.40

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.

Teladoc Health's adjusted book value per share data for the three months ended in Mar. 2024 was €12.437. 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 €26.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teladoc Health Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Teladoc Health'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.

Teladoc Health Cyclically Adjusted PB Ratio Chart

Teladoc Health 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 - - - - 0.76

Teladoc Health Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 0.66 0.76 0.53

Competitive Comparison of Teladoc Health's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, Teladoc Health'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.


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

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

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



Teladoc Health 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.

Teladoc Health's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.772/26.59
=0.41

* 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.

Teladoc Health's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Teladoc Health's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.437/131.7762*131.7762
=12.437

Current CPI (Mar. 2024) = 131.7762.

Teladoc Health Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 -1.465 99.070 -1.949
201503 1.068 99.621 1.413
201506 -1.829 100.684 -2.394
201509 4.463 100.392 5.858
201512 4.255 99.792 5.619
201603 3.830 100.470 5.023
201606 3.491 101.688 4.524
201609 4.690 101.861 6.067
201612 4.737 101.863 6.128
201703 5.907 102.862 7.567
201706 6.486 103.349 8.270
201709 6.587 104.136 8.335
201712 7.675 104.011 9.724
201803 7.173 105.290 8.977
201806 9.310 106.317 11.539
201809 12.577 106.507 15.561
201812 12.629 105.998 15.700
201903 12.403 107.251 15.239
201906 12.335 108.070 15.041
201909 12.470 108.329 15.169
201912 12.543 108.420 15.245
202003 12.219 108.902 14.786
202006 14.537 108.767 17.612
202009 22.454 109.815 26.944
202012 86.880 109.897 104.177
202103 86.116 111.754 101.544
202106 83.285 114.631 95.741
202109 84.927 115.734 96.699
202112 88.494 117.630 99.137
202203 51.423 121.301 55.864
202206 35.555 125.017 37.477
202209 37.690 125.227 39.661
202212 13.378 125.222 14.078
202303 13.055 127.348 13.509
202306 12.848 128.729 13.152
202309 12.984 129.860 13.176
202312 12.799 129.419 13.032
202403 12.437 131.776 12.437

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.


Teladoc Health  (FRA:4LL) 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.


Teladoc Health Cyclically Adjusted PB Ratio Related Terms

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


Teladoc Health (FRA:4LL) Business Description

Traded in Other Exchanges
Address
2 Manhattanville Road, Suite 203, Purchase, NY, USA, 10577
Teladoc Health is a virtual health provider with a telehealth platform delivering 24-hour, on-demand healthcare via mobile devices, the internet, video, and phone. It also offers remote patient monitoring programs for chronic care management. Its platform connects members with a network of physicians and behavioral health professionals. Most of the company's revenue is generated from access fees on a subscription basis (per member, per month). The balance comes from visit fees and equipment rental and sales to hospital systems. Since inception, Teladoc has primarily partnered with employers, health plans, and health systems to offer network access to their members; it has also started to market directly to consumers while expanding its service portfolio.

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