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Life Healthcare Group Holdings (JSE:LHC) Cyclically Adjusted PB Ratio : 1.37 (As of Oct. 31, 2024)


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What is Life Healthcare Group Holdings Cyclically Adjusted PB Ratio?

As of today (2024-10-31), Life Healthcare Group Holdings's current share price is R15.95. Life Healthcare Group Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was R11.66. Life Healthcare Group Holdings's Cyclically Adjusted PB Ratio for today is 1.37.

The historical rank and industry rank for Life Healthcare Group Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

JSE:LHC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 2.43   Max: 4.96
Current: 1.44

During the past 13 years, Life Healthcare Group Holdings's highest Cyclically Adjusted PB Ratio was 4.96. The lowest was 0.86. And the median was 2.43.

JSE:LHC's Cyclically Adjusted PB Ratio is ranked better than
63.64% of 319 companies
in the Healthcare Providers & Services industry
Industry Median: 2.04 vs JSE:LHC: 1.44

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.

Life Healthcare Group Holdings's adjusted book value per share data of for the fiscal year that ended in Sep23 was R14.036. 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 R11.66 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Life Healthcare Group Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Life Healthcare Group Holdings'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.

Life Healthcare Group Holdings Cyclically Adjusted PB Ratio Chart

Life Healthcare Group Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 2.19 2.55 1.67 1.74

Life Healthcare Group Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - 1.67 - 1.74 -

Competitive Comparison of Life Healthcare Group Holdings's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Life Healthcare Group Holdings'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.


Life Healthcare Group Holdings's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Life Healthcare Group Holdings's Cyclically Adjusted PB Ratio falls into.



Life Healthcare Group Holdings 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.

Life Healthcare Group Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.95/11.66
=1.37

* 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.

Life Healthcare Group Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Life Healthcare Group Holdings's adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=14.036/151.5022*151.5022
=14.036

Current CPI (Sep23) = 151.5022.

Life Healthcare Group Holdings Annual Data

Book Value per Share CPI Adj_Book
201409 4.299 96.794 6.729
201509 4.643 101.154 6.954
201609 4.859 107.694 6.836
201709 9.993 112.926 13.407
201809 10.248 118.376 13.116
201909 11.130 123.281 13.678
202009 11.734 126.878 14.011
202109 12.423 133.273 14.122
202209 12.984 143.671 13.692
202309 14.036 151.502 14.036

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.


Life Healthcare Group Holdings  (JSE:LHC) 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.


Life Healthcare Group Holdings Cyclically Adjusted PB Ratio Related Terms

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Life Healthcare Group Holdings Business Description

Traded in Other Exchanges
Address
203 Oxford Road, Building 2, Oxford Parks, Corner Eastwood and Oxford Roads, Dunkeld, Johannesburg, GT, ZAF, 2196
Life Healthcare Group Holdings Ltd is an international and diversified healthcare organization based in South Africa. The firm's segments include hospitals and complementary services, healthcare services, and Radiopharmaceutical products. The hospitals and complementary services segment generates majority of the revenue. Its services include mental healthcare, acute rehabilitation, renal dialysis, and oncology. The smaller growth initiatives segment focuses on clinical quality products, and outpatient business in South Africa.

Life Healthcare Group Holdings Headlines