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Semler Scientific (FRA:6FA) Cyclically Adjusted PB Ratio : 8.58 (As of Jun. 10, 2024)


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What is Semler Scientific Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Semler Scientific's current share price is €27.20. Semler Scientific's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.17. Semler Scientific's Cyclically Adjusted PB Ratio for today is 8.58.

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

FRA:6FA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.74   Med: 14.15   Max: 36
Current: 9.3

During the past years, Semler Scientific's highest Cyclically Adjusted PB Ratio was 36.00. The lowest was 6.74. And the median was 14.15.

FRA:6FA's Cyclically Adjusted PB Ratio is ranked worse than
89.26% of 475 companies
in the Medical Devices & Instruments industry
Industry Median: 2.1 vs FRA:6FA: 9.30

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.

Semler Scientific's adjusted book value per share data for the three months ended in Mar. 2024 was €10.358. 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 €3.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Semler Scientific Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Semler Scientific'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.

Semler Scientific Cyclically Adjusted PB Ratio Chart

Semler Scientific 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 - - - 16.04 14.23

Semler Scientific 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 11.79 10.57 9.02 14.23 8.59

Competitive Comparison of Semler Scientific's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Semler Scientific'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.


Semler Scientific's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Semler Scientific's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Semler Scientific 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.

Semler Scientific's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.20/3.17
=8.58

* 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.

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

For example, Semler Scientific'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)
=10.358/131.7762*131.7762
=10.358

Current CPI (Mar. 2024) = 131.7762.

Semler Scientific Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.924 100.560 1.211
201409 0.761 100.428 0.999
201412 0.591 99.070 0.786
201503 0.496 99.621 0.656
201506 0.304 100.684 0.398
201509 0.095 100.392 0.125
201512 -0.192 99.792 -0.254
201603 -0.291 100.470 -0.382
201606 -0.440 101.688 -0.570
201609 -0.488 101.861 -0.631
201612 -0.540 101.863 -0.699
201703 -0.570 102.862 -0.730
201706 -0.592 103.349 -0.755
201709 -0.551 104.136 -0.697
201712 -0.371 104.011 -0.470
201803 -0.208 105.290 -0.260
201806 0.031 106.317 0.038
201809 0.321 106.507 0.397
201812 0.583 105.998 0.725
201903 0.861 107.251 1.058
201906 0.852 108.070 1.039
201909 1.962 108.329 2.387
201912 1.802 108.420 2.190
202003 2.199 108.902 2.661
202006 2.303 108.767 2.790
202009 2.830 109.815 3.396
202012 3.655 109.897 4.383
202103 4.408 111.754 5.198
202106 4.893 114.631 5.625
202109 5.537 115.734 6.304
202112 5.964 117.630 6.681
202203 6.608 121.301 7.179
202206 7.157 125.017 7.544
202209 7.933 125.227 8.348
202212 7.854 125.222 8.265
202303 8.524 127.348 8.820
202306 8.979 128.729 9.192
202309 9.858 129.860 10.004
202312 9.562 129.419 9.736
202403 10.358 131.776 10.358

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.


Semler Scientific  (FRA:6FA) 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.


Semler Scientific Cyclically Adjusted PB Ratio Related Terms

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


Semler Scientific (FRA:6FA) Business Description

Traded in Other Exchanges
Address
2340-2348 Walsh Avenue, Suite 2344, Santa Clara, CA, USA, 95051
Semler Scientific Inc is a US-based company that is engaged in providing technology solutions to improve the clinical effectiveness and efficiency of healthcare providers. It focuses on developing, manufacturing, and marketing proprietary products and services that assist customers, including insurance plans, physicians, and risk assessment groups, in evaluating and treating chronic diseases. The company markets its vascular-testing product under the QuantaFlo brand, which is a four-minute in-office blood flow test.

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