MDXHF (Medx Health) Cyclically Adjusted PB Ratio: (As of Aug. 01, 2026)

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What is Medx Health Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Medx Health  (OTCPK:MDXHF) 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.


Medx Health Cyclically Adjusted PB Ratio Related Terms


Medx Health Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Medx Health'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.

Medx Health Cyclically Adjusted PB Ratio Chart

Medx Health Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Medx Health Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

MDXHF vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Medx Health'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.


Medx Health Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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



Medx Health 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.

Medx Health's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Medx Health's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.021/132.2623*132.2623
=-0.021

Current CPI (Mar. 2026) = 132.2623.

Medx Health Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.022 102.002 -0.029
201609 -0.014 101.765 -0.018
201612 -0.014 101.449 -0.018
201703 -0.016 102.634 -0.021
201706 -0.012 103.029 -0.015
201709 -0.015 103.345 -0.019
201712 -0.010 103.345 -0.013
201803 0.000 105.004 0.000
201806 -0.003 105.557 -0.004
201809 -0.007 105.636 -0.009
201812 -0.009 105.399 -0.011
201903 -0.010 106.979 -0.012
201906 -0.011 107.690 -0.014
201909 -0.013 107.611 -0.016
201912 -0.015 107.769 -0.018
202003 -0.009 107.927 -0.011
202006 -0.004 108.401 -0.005
202009 -0.006 108.164 -0.007
202012 -0.009 108.559 -0.011
202103 -0.010 110.298 -0.012
202106 -0.011 111.720 -0.013
202109 -0.016 112.905 -0.019
202112 -0.015 113.774 -0.017
202203 -0.018 117.646 -0.020
202206 -0.023 120.806 -0.025
202209 -0.025 120.648 -0.027
202212 -0.028 120.964 -0.031
202303 -0.025 122.702 -0.027
202306 -0.030 124.203 -0.032
202309 -0.028 125.230 -0.030
202312 -0.020 125.072 -0.021
202403 -0.023 126.258 -0.024
202406 -0.023 127.522 -0.024
202409 -0.025 127.285 -0.026
202412 -0.022 127.364 -0.023
202503 -0.024 129.181 -0.025
202506 -0.021 129.892 -0.021
202509 -0.024 130.287 -0.024
202512 -0.022 130.366 -0.022
202603 -0.021 132.262 -0.021

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.


Medx Health Business Description

Other Exchanges MDX:Canada
Address 1495 Bonhill Road, Unit 1, Mississauga, ON, CAN, L5T 1M2
Medx Health Corp is engaged in the development, manufacturing, and marketing skin-related screening tools and phototherapy devices for pain relief and tissue repair, marketing the latter in Canada and the United States while the skin related screening tools are also marketed in Europe, Australia and selected markets in Latin America. It offers DermSecure, and MedX Laser Therapy.