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Hansen Medical (Hansen Medical) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is Hansen Medical Cyclically Adjusted PB Ratio?

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Hansen Medical Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hansen Medical'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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Hansen Medical Cyclically Adjusted PB Ratio Chart

Hansen Medical Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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Hansen Medical Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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Competitive Comparison of Hansen Medical's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Hansen Medical'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.


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

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

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



Hansen Medical 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.

Hansen Medical's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2016 is calculated as:

For example, Hansen Medical's adjusted Book Value per Share data for the three months ended in Mar. 2016 was:

Adj_Book=Book Value per Share/CPI of Mar. 2016 (Change)*Current CPI (Mar. 2016)
=-0.407/100.4704*100.4704
=-0.407

Current CPI (Mar. 2016) = 100.4704.

Hansen Medical Quarterly Data

Book Value per Share CPI Adj_Book
200606 0.000 85.606 0.000
200609 -23.752 85.606 -27.876
200612 39.419 85.142 46.516
200703 36.221 86.640 42.003
200706 33.322 87.906 38.085
200709 30.067 87.964 34.342
200712 22.341 88.616 25.330
200803 18.234 90.090 20.335
200806 26.957 92.320 29.337
200809 23.272 92.307 25.330
200812 16.952 88.697 19.202
200903 9.740 89.744 10.904
200906 15.814 91.003 17.459
200909 11.773 91.120 12.981
200912 8.998 91.111 9.922
201003 7.769 91.821 8.501
201006 9.182 91.962 10.032
201009 7.553 92.162 8.234
201012 5.709 92.474 6.203
201103 8.418 94.283 8.970
201106 6.858 95.235 7.235
201109 5.366 95.727 5.632
201112 5.582 95.213 5.890
201203 3.609 96.783 3.747
201206 1.893 96.819 1.964
201209 0.798 97.633 0.821
201212 3.688 96.871 3.825
201303 1.398 98.209 1.430
201306 -0.362 98.518 -0.369
201309 2.377 98.790 2.417
201312 1.704 98.326 1.741
201403 1.544 99.695 1.556
201406 0.694 100.560 0.693
201409 1.428 100.428 1.429
201412 0.583 99.070 0.591
201503 -0.279 99.621 -0.281
201506 1.169 100.684 1.167
201509 0.681 100.392 0.682
201512 0.077 99.792 0.078
201603 -0.407 100.470 -0.407

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.


Hansen Medical  (NAS:HNSN) 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.


Hansen Medical Cyclically Adjusted PB Ratio Related Terms

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Hansen Medical (Hansen Medical) Business Description

Traded in Other Exchanges
N/A
Address
Hansen Medical Inc, formerly known as AutoCath Inc, was incorporated in Delaware in 2002. The Company completed its initial public offering on February 28, 2014. The Company develops, manufactures and sells medical robotics designed for accurate positioning, manipulation and stable control of catheters and catheter-based technologies. Its products include Sensei Robotic Catheter System, Magellan Robotic System, Artisan catheter, Lynx catheter, Magellan Robotic Catheter, and CoHesion 3D Visualization Module. Sensei Robotic Catheter System, or Sensei system, is designed to allow physicians to navigate flexible catheters with solid stability and control in interventional procedures within the atrial heart chambers. This system enables physicians to direct the movements of a robotic catheter like the Company's Artisan Control Catheter and Artisan Extend Control Catheter, or Artisan catheters, and Lynx Robotic Ablation Catheter, or Lynx catheter, to an anatomical location. The Sensei system is comprised of two modules: a physician control console and a patient-side module that can be connected to procedure tables. The control console can be located inside the Electro-Physiology Laboratory, or EP lab, and close to the patient or outside the EP lab in a separate location shielded from radiation. The Company's Magellan Robotic System is a peripheral vascular interventional platform that, used in combination with the Magellan Robotic Catheters, has the potential to provide endovascular specialists with vessel navigation, catheter stability during the manual delivery and placement of therapeutic devices, reduced procedural radiation exposure and fatigue, and precise robotic control of distal catheter tips. Magellan Robotic System is comprised of two modules: a physician control console and a patient-side robotic arm that can be connected to procedure tables. The Artisan catheter is a disposable catheter and guide catheter assembly that consists of a telescoping set of control catheters that are integrated to provide the desired motion of the tip of a diagnostic or therapeutic catheter that is inserted through the center lumen of the Artisan catheter. This is designed to accurately control the movement of a third party catheter chosen by the physician. CoHesion 3D Visualization Module, or CoHesion Module, is a software interface between Sensei system and the St. Jude Medical EnSite System for EP procedures. It is designed to provide physicians with 3D visualization to augment their ability to move a catheter throughout the atria, as well as increase control over placement of the catheter in specific locations. The Company markets, sells and supports its products in the United States through a direct sales force of regional sales employees, supported by clinical account managers who provide training, clinical support and other services to customers. Outside the United States, in the European Union, it uses a combination of a direct sales for
Executives
William R Rohn director PO BOX 676367, RANCHO SANTA FE CA 92067
Christopher P. Lowe director, officer: Interim CFO 2511 N LOOP 1604,, SUITE 204, SAN ANTONIO TX 78258
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Marjorie L. Bowen director 225 6TH STREET, MANHATTAN BEACH CA 90266
Jack W Schuler director, 10 percent owner 100 N. FIELD DRIVE, SUITE 360, LAKE FOREST IL 60045
Peter J Mariani officer: Chief Financial Officer C/O GUIDANT CORP, 111 MONUMENT CIRCLE #2900, INDIANAPOLIS IN 46204-5129
Bruce Barclay director
Russell C Hirsch director 435 TASSO STREET, SUITE 200, PALO ALTO CA 94301