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MediXall Group (MediXall Group) Cyclically Adjusted PB Ratio : (As of Apr. 30, 2024)


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What is MediXall Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MediXall Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MediXall Group'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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MediXall Group Cyclically Adjusted PB Ratio Chart

MediXall Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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MediXall Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of MediXall Group's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, MediXall Group'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.


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

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

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



MediXall Group 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.

MediXall Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, MediXall Group's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0.03/125.2218*125.2218
=-0.030

Current CPI (Dec22) = 125.2218.

MediXall Group Annual Data

Book Value per Share CPI Adj_Book
201312 -0.179 98.326 -0.228
201412 -0.414 99.070 -0.523
201512 -0.391 99.792 -0.491
201612 -0.349 101.863 -0.429
201712 0.000 104.011 0.000
201812 0.008 105.998 0.009
201912 0.005 108.420 0.006
202012 0.004 109.897 0.005
202112 -0.003 117.630 -0.003
202212 -0.030 125.222 -0.030

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.


MediXall Group  (OTCPK:MDXL) 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.


MediXall Group Cyclically Adjusted PB Ratio Related Terms

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MediXall Group (MediXall Group) Business Description

Traded in Other Exchanges
N/A
Address
2929 East Commercial Boulevard, Suite Ph-D, Fort Lauderdale, FL, USA, 33308
MediXall Group Inc is an innovation-driven technology company designed to deliver health and well-being services which address gaps in access to care, spiraling healthcare costs, and the pain points faced by both consumers and businesses. It has developed a cloud-based electronic marketplace where clients can shop for medical services; diagnostic procedures and services; and medical equipment and devices. The company's platform connects physicians and service providers to patients, and payers to the physicians and service providers, across all healthcare settings. The company generates revenue from employer customers and consumer subscription fees.