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Shoppers Drug Mart (FRA:SDZ) Cyclically Adjusted PB Ratio : (As of Jun. 24, 2024)


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What is Shoppers Drug Mart Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shoppers Drug Mart Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Shoppers Drug Mart'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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Shoppers Drug Mart Cyclically Adjusted PB Ratio Chart

Shoppers Drug Mart Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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Shoppers Drug Mart Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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Competitive Comparison of Shoppers Drug Mart's Cyclically Adjusted PB Ratio

For the Pharmaceutical Retailers subindustry, Shoppers Drug Mart'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.


Shoppers Drug Mart's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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



Shoppers Drug Mart 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.

Shoppers Drug Mart's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2013 is calculated as:

For example, Shoppers Drug Mart's adjusted Book Value per Share data for the three months ended in Dec. 2013 was:

Adj_Book=Book Value per Share/CPI of Dec. 2013 (Change)*Current CPI (Dec. 2013)
=15.461/96.9450*96.9450
=15.461

Current CPI (Dec. 2013) = 96.9450.

Shoppers Drug Mart Quarterly Data

Book Value per Share CPI Adj_Book
200403 5.424 82.091 6.405
200406 5.566 83.039 6.498
200409 6.113 82.960 7.143
200412 5.932 83.276 6.906
200503 6.188 83.987 7.143
200506 6.768 84.461 7.768
200509 7.357 85.647 8.328
200512 8.067 85.015 9.199
200603 8.092 85.805 9.143
200606 8.218 86.516 9.209
200609 8.503 86.279 9.554
200612 8.238 86.437 9.240
200703 8.279 87.780 9.143
200706 9.223 88.412 10.113
200709 9.591 88.412 10.517
200712 9.726 88.491 10.655
200803 9.243 88.965 10.072
200806 9.354 91.177 9.946
200809 10.091 91.414 10.702
200812 9.442 89.518 10.225
200903 9.706 90.071 10.447
200906 10.419 90.940 11.107
200909 10.791 90.624 11.544
200912 11.450 90.703 12.238
201003 12.896 91.335 13.688
201006 14.454 91.809 15.263
201009 13.925 92.362 14.616
201012 14.146 92.836 14.772
201103 13.947 94.338 14.332
201106 13.875 94.654 14.211
201109 14.279 95.286 14.528
201112 14.765 94.970 15.072
201203 15.302 96.155 15.428
201206 15.736 96.076 15.878
201209 16.585 96.392 16.680
201212 16.261 95.760 16.462
201303 15.834 97.103 15.808
201306 15.440 97.182 15.402
201309 15.843 97.419 15.766
201312 15.461 96.945 15.461

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.


Shoppers Drug Mart  (FRA:SDZ) 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.


Shoppers Drug Mart Cyclically Adjusted PB Ratio Related Terms

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Shoppers Drug Mart (FRA:SDZ) Business Description

Traded in Other Exchanges
N/A
Address
Shoppers Drug Mart Corporation was founded in 1962. The Company is the licensor of full-service retail drug stores operating under the name Shoppers Drug Mart (Pharmaprix in Québec). The stores are owned and operated by the Company's licensed Associate-owners who have helped build a brand that is synonymous with exceptional service, value and trust. The Company also licenses or owns more than 55 medical clinic pharmacies operating under the name Shoppers Simply Pharmacy (Pharmaprix Simplement Santé in Québec) and six luxury beauty destinations operating as Murale. The Company owns and operates 62 Shoppers Home Health Care stores, which are engaged in the sale and service of assisted-living devices, medical equipment, home-care products and durable mobility equipment to institutional and retail customers. In addition to its retail store network, the Company owns Shoppers Drug Mart Specialty Health Network Inc., a provider of specialty drug distribution, pharmacy and comprehensive patient support services, and MediSystem Technologies Inc., a provider of pharmaceutical products and services to long-term care facilities.

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