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Medical Facilities (Medical Facilities) Cyclically Adjusted PB Ratio : 1.81 (As of May. 21, 2024)


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What is Medical Facilities Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Medical Facilities's current share price is $8.75. Medical Facilities's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.84. Medical Facilities's Cyclically Adjusted PB Ratio for today is 1.81.

The historical rank and industry rank for Medical Facilities's Cyclically Adjusted PB Ratio or its related term are showing as below:

MFCSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.63   Max: 6.08
Current: 1.84

During the past years, Medical Facilities's highest Cyclically Adjusted PB Ratio was 6.08. The lowest was 0.54. And the median was 1.63.

MFCSF's Cyclically Adjusted PB Ratio is ranked better than
53.99% of 313 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs MFCSF: 1.84

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.

Medical Facilities's adjusted book value per share data for the three months ended in Mar. 2024 was $3.146. 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 $4.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medical Facilities Cyclically Adjusted PB Ratio Historical Data

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

Medical Facilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 1.23 1.53 1.25 1.39

Medical Facilities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1.22 1.27 1.45 1.39 1.61

Competitive Comparison of Medical Facilities's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Medical Facilities'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 Facilities's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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



Medical Facilities 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 Facilities's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.75/4.84
=1.81

* 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.

Medical Facilities's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Medical Facilities's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.146/126.2576*126.2576
=3.146

Current CPI (Mar. 2024) = 126.2576.

Medical Facilities Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.727 99.473 6.000
201409 5.031 99.394 6.391
201412 4.735 98.367 6.078
201503 4.867 99.789 6.158
201506 5.278 100.500 6.631
201509 5.158 100.421 6.485
201512 5.331 99.947 6.734
201603 4.916 101.054 6.142
201606 4.524 102.002 5.600
201609 4.091 101.765 5.076
201612 4.790 101.449 5.961
201703 4.564 102.634 5.615
201706 4.800 103.029 5.882
201709 4.454 103.345 5.442
201712 4.577 103.345 5.592
201803 4.496 105.004 5.406
201806 4.492 105.557 5.373
201809 4.365 105.636 5.217
201812 4.424 105.399 5.300
201903 3.883 106.979 4.583
201906 3.594 107.690 4.214
201909 3.477 107.611 4.079
201912 4.020 107.769 4.710
202003 4.249 107.927 4.971
202006 4.209 108.401 4.902
202009 4.256 108.164 4.968
202012 4.100 108.559 4.768
202103 4.158 110.298 4.760
202106 4.276 111.720 4.832
202109 4.109 112.905 4.595
202112 4.142 113.774 4.596
202203 3.992 117.646 4.284
202206 4.420 120.806 4.619
202209 3.963 120.648 4.147
202212 3.053 120.964 3.187
202303 3.189 122.702 3.281
202306 3.200 124.203 3.253
202309 3.107 125.230 3.132
202312 3.478 125.072 3.511
202403 3.146 126.258 3.146

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 Facilities  (OTCPK:MFCSF) 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 Facilities Cyclically Adjusted PB Ratio Related Terms

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


Medical Facilities (Medical Facilities) Business Description

Traded in Other Exchanges
Address
4576 Yonge Street, Suite 701, Toronto, ON, CAN, M2N 6N4
Medical Facilities Corp owns a diverse portfolio of surgical facilities in the United States. Through its wholly-owned subsidiaries, the company owns controlling interests in four specialty hospitals and six ambulatory surgery centers. The hospitals offer a range of non-emergency surgical, imaging, diagnostic and pain management procedures, and other ancillary services. Its key revenue source is from the facility service income. The corporation's operations are based in the United States.

Medical Facilities (Medical Facilities) Headlines

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