GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » M3 Inc (OTCPK:MTHRF) » Definitions » Cyclically Adjusted PB Ratio

M3 (MTHRF) Cyclically Adjusted PB Ratio : 5.80 (As of May. 30, 2025)


View and export this data going back to 2014. Start your Free Trial

What is M3 Cyclically Adjusted PB Ratio?

As of today (2025-05-30), M3's current share price is $9.45. M3's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $1.63. M3's Cyclically Adjusted PB Ratio for today is 5.80.

The historical rank and industry rank for M3's Cyclically Adjusted PB Ratio or its related term are showing as below:

MTHRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.86   Med: 32.57   Max: 102.82
Current: 7.32

During the past years, M3's highest Cyclically Adjusted PB Ratio was 102.82. The lowest was 4.86. And the median was 32.57.

MTHRF's Cyclically Adjusted PB Ratio is ranked worse than
89.15% of 341 companies
in the Healthcare Providers & Services industry
Industry Median: 1.94 vs MTHRF: 7.32

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.

M3's adjusted book value per share data for the three months ended in Dec. 2024 was $3.621. 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 $1.63 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


M3 Cyclically Adjusted PB Ratio Historical Data

The historical data trend for M3'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.

M3 Cyclically Adjusted PB Ratio Chart

M3 Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.84 31.08 17.59 9.03 -

M3 Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 9.03 - 5.59 5.10 -

Competitive Comparison of M3's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, M3'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.


M3's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, M3's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where M3's Cyclically Adjusted PB Ratio falls into.


;
;

M3 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.

M3's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.45/1.63
=5.80

* 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.

M3's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, M3's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=3.621/110.7000*110.7000
=3.621

Current CPI (Dec. 2024) = 110.7000.

M3 Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.581 97.900 0.657
201506 0.577 98.400 0.649
201509 0.626 98.500 0.704
201512 0.670 98.100 0.756
201603 0.751 97.900 0.849
201606 0.791 98.100 0.893
201609 0.861 98.000 0.973
201612 0.841 98.400 0.946
201703 0.917 98.100 1.035
201706 0.947 98.500 1.064
201709 1.005 98.800 1.126
201712 1.073 99.400 1.195
201803 1.201 99.200 1.340
201806 1.174 99.200 1.310
201809 1.215 99.900 1.346
201812 1.286 99.700 1.428
201903 1.371 99.700 1.522
201906 2.022 99.800 2.243
201909 2.094 100.100 2.316
201912 2.169 100.500 2.389
202003 2.274 100.300 2.510
202006 2.284 99.900 2.531
202009 2.446 99.900 2.710
202012 2.641 99.300 2.944
202103 2.708 99.900 3.001
202106 2.759 99.500 3.070
202109 3.095 100.100 3.423
202112 3.192 100.100 3.530
202203 3.203 101.100 3.507
202206 2.955 101.800 3.213
202209 2.924 103.100 3.140
202212 3.174 104.100 3.375
202303 3.335 104.400 3.536
202306 3.301 105.200 3.474
202309 3.304 106.200 3.444
202312 3.448 106.800 3.574
202403 3.459 107.200 3.572
202406 0.000 108.200 0.000
202409 3.601 108.900 3.661
202412 3.621 110.700 3.621

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.


M3  (OTCPK:MTHRF) 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.


M3 Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of M3's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


M3 Business Description

Traded in Other Exchanges
Address
Akasaka Intercity 10th floor, 1-11-44 Akasaka, Minato-ku, Tokyo, JPN, 105-0012
M3 Inc is a Japan-based company engaged in providing medical-related services through the use of the Internet. It also supports marketing of pharmaceutical companies and medical equipment manufacturers. The company's business segment includes, Medical Portal segment, Evidence Solution segment, Overseas segment, Clinical Platform segment, Sales Platform segment, and Others. The company generates the majority of its revenue from Medical Portal segment.

M3 Headlines

From GuruFocus

Matthews Japan Fund Comments on M3

By Sydnee Gatewood Sydnee Gatewood 01-25-2021

Matthews Japan Fund: New Buys

By Holly LaFon Holly LaFon 01-31-2014

Roger Edgley Comments on M3 Inc.

By Holly LaFon Holly LaFon 06-06-2017

Matthews Japan Fund Comments on M3

By Sydnee Gatewood 07-20-2021

5 Health Care Stocks Growing Fast

By Tiziano Frateschi Tiziano Frateschi 04-28-2021

Matthews Japan Fund Comments on M3

By Sydnee Gatewood Sydnee Gatewood 10-24-2019