GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Medical Imaging Corp (OTCPK:MEDD) » Definitions » Cyclically Adjusted PB Ratio

Medical Imaging (Medical Imaging) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Medical Imaging Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Medical Imaging Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Medical Imaging'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.

Medical Imaging Cyclically Adjusted PB Ratio Chart

Medical Imaging Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Medical Imaging Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 - - - - -

Competitive Comparison of Medical Imaging's Cyclically Adjusted PB Ratio

For the Diagnostics & Research subindustry, Medical Imaging'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.


Medical Imaging's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Medical Imaging's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Medical Imaging 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.

Medical Imaging's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Medical Imaging's adjusted Book Value per Share data for the three months ended in Sep. 2018 was:

Adj_Book=Book Value per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=-0.176/106.5067*106.5067
=-0.176

Current CPI (Sep. 2018) = 106.5067.

Medical Imaging Quarterly Data

Book Value per Share CPI Adj_Book
200812 -0.013 88.697 -0.016
200903 0.042 89.744 0.050
200906 0.028 91.003 0.033
200909 0.020 91.120 0.023
200912 0.003 91.111 0.004
201003 0.008 91.821 0.009
201006 0.008 91.962 0.009
201009 0.006 92.162 0.007
201012 0.002 92.474 0.002
201103 0.000 94.283 0.000
201106 0.001 95.235 0.001
201109 0.002 95.727 0.002
201112 -0.003 95.213 -0.003
201203 -0.001 96.783 -0.001
201206 -0.004 96.819 -0.004
201209 -0.006 97.633 -0.007
201212 0.002 96.871 0.002
201303 0.001 98.209 0.001
201306 -0.002 98.518 -0.002
201309 -0.001 98.790 -0.001
201312 0.000 98.326 0.000
201403 -0.001 99.695 -0.001
201406 -0.001 100.560 -0.001
201409 -0.001 100.428 -0.001
201412 -0.005 99.070 -0.005
201503 -0.016 99.621 -0.017
201506 -0.015 100.684 -0.016
201509 -0.036 100.392 -0.038
201512 -0.062 99.792 -0.066
201603 -0.071 100.470 -0.075
201606 -0.075 101.688 -0.079
201609 -0.085 101.861 -0.089
201612 -0.112 101.863 -0.117
201703 -0.122 102.862 -0.126
201706 -0.130 103.349 -0.134
201709 -0.132 104.136 -0.135
201712 -0.160 104.011 -0.164
201803 -0.148 105.290 -0.150
201806 -0.173 106.317 -0.173
201809 -0.176 106.507 -0.176

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.


Medical Imaging  (OTCPK:MEDD) 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.


Medical Imaging Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Medical Imaging's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Medical Imaging (Medical Imaging) Business Description

Traded in Other Exchanges
N/A
Address
848 N Rainbow Boulevard, Suite 2494, Las Vegas, NV, USA, 89107
Medical Imaging Corp is a United States-based healthcare services company focused on the acquisition of existing full-service imaging clinics. Through its subsidiaries, the firm provides medical diagnostic imaging services. The services provided include magnetic resonance imaging, CT scans, ultrasound, X-ray, and others. The group has operations in the United States and Canada. The organization generates revenue from the medical scans services and teleradiology services, of which medical scans services contributes the maximum to the revenue.

Medical Imaging (Medical Imaging) Headlines