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Medistim ASA (FRA:MD1) Cyclically Adjusted PB Ratio : 11.86 (As of Jun. 29, 2025)


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What is Medistim ASA Cyclically Adjusted PB Ratio?

As of today (2025-06-29), Medistim ASA's current share price is €17.20. Medistim ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €1.45. Medistim ASA's Cyclically Adjusted PB Ratio for today is 11.86.

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

FRA:MD1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.71   Med: 17.43   Max: 36.83
Current: 12.34

During the past years, Medistim ASA's highest Cyclically Adjusted PB Ratio was 36.83. The lowest was 7.71. And the median was 17.43.

FRA:MD1's Cyclically Adjusted PB Ratio is ranked worse than
94.57% of 497 companies
in the Medical Devices & Instruments industry
Industry Median: 1.88 vs FRA:MD1: 12.34

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.

Medistim ASA's adjusted book value per share data for the three months ended in Mar. 2025 was €2.211. 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 €1.45 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medistim ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Medistim ASA'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.

Medistim ASA Cyclically Adjusted PB Ratio Chart

Medistim ASA 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 25.76 33.24 18.07 14.62 9.19

Medistim ASA 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 12.35 11.00 11.30 9.19 10.37

Competitive Comparison of Medistim ASA's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Medistim ASA'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.


Medistim ASA's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

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

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


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Medistim ASA 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.

Medistim ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.20/1.45
=11.86

* 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.

Medistim ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Medistim ASA's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.211/136.1000*136.1000
=2.211

Current CPI (Mar. 2025) = 136.1000.

Medistim ASA Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.831 100.100 1.130
201509 0.846 100.600 1.145
201512 0.909 100.900 1.226
201603 0.968 102.500 1.285
201606 0.876 103.800 1.149
201609 0.953 104.200 1.245
201612 1.017 104.400 1.326
201703 1.081 105.000 1.401
201706 0.908 105.800 1.168
201709 0.997 105.900 1.281
201712 1.024 106.100 1.314
201803 1.097 107.300 1.391
201806 0.979 108.500 1.228
201809 1.031 109.500 1.281
201812 1.159 109.800 1.437
201903 1.264 110.400 1.558
201906 1.141 110.600 1.404
201909 1.247 111.100 1.528
201912 1.299 111.300 1.588
202003 1.317 111.200 1.612
202006 1.453 112.100 1.764
202009 1.511 112.900 1.821
202012 1.332 112.900 1.606
202103 1.524 114.600 1.810
202106 1.402 115.300 1.655
202109 1.508 117.500 1.747
202112 1.654 118.900 1.893
202203 1.847 119.800 2.098
202206 1.644 122.600 1.825
202209 1.857 125.600 2.012
202212 1.925 125.900 2.081
202303 1.938 127.600 2.067
202306 1.657 130.400 1.729
202309 1.810 129.800 1.898
202312 1.892 131.900 1.952
202403 2.036 132.600 2.090
202406 1.831 133.800 1.862
202409 1.876 133.700 1.910
202412 2.029 134.800 2.049
202503 2.211 136.100 2.211

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.


Medistim ASA  (FRA:MD1) 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.


Medistim ASA Cyclically Adjusted PB Ratio Related Terms

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


Medistim ASA Business Description

Traded in Other Exchanges
Address
Okernveien 94, Oslo, NOR, 0579
Medistim ASA is a medical device company. It is engaged in researching, developing, producing, distributing, and sales of medical equipment through its own business or participation in other companies, as well as related activities. The company's business is focused on cardiac and vascular surgery. The group operates in the USA, Europe, China, and the Rest of the World. The main divisions are sale of own products and sale of third-party products. Sale of own products has two business models, the capital model and the lease model. Third-party products segment sells medical devices from third party manufacturers in Norway, Sweden and Denmark. Key revenue is generated from Own Products segment.

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