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National Research (National Research) Cyclically Adjusted PB Ratio : 10.49 (As of Apr. 30, 2024)


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What is National Research Cyclically Adjusted PB Ratio?

As of today (2024-04-30), National Research's current share price is $34.30. National Research's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.27. National Research's Cyclically Adjusted PB Ratio for today is 10.49.

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

NRC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 4.32   Max: 13.97
Current: 10.35

During the past years, National Research's highest Cyclically Adjusted PB Ratio was 13.97. The lowest was 1.26. And the median was 4.32.

NRC's Cyclically Adjusted PB Ratio is ranked worse than
94.74% of 304 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs NRC: 10.35

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.

National Research's adjusted book value per share data for the three months ended in Dec. 2023 was $2.021. 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 $3.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Research Cyclically Adjusted PB Ratio Historical Data

The historical data trend for National Research'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.

National Research Cyclically Adjusted PB Ratio Chart

National Research 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 8.33 6.54 7.75 10.02 12.11

National Research Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.02 13.19 13.08 13.35 12.11

Competitive Comparison of National Research's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, National Research'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.


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

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

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



National Research 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.

National Research's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.30/3.27
=10.49

* 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.

National Research's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, National Research's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.021/129.4194*129.4194
=2.021

Current CPI (Dec. 2023) = 129.4194.

National Research Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.183 99.695 4.132
201406 3.379 100.560 4.349
201409 3.553 100.428 4.579
201412 3.598 99.070 4.700
201503 3.594 99.621 4.669
201506 3.673 100.684 4.721
201509 3.563 100.392 4.593
201512 3.047 99.792 3.952
201603 3.118 100.470 4.016
201606 3.260 101.688 4.149
201609 3.323 101.861 4.222
201612 3.389 101.863 4.306
201703 3.498 102.862 4.401
201706 3.588 103.349 4.493
201709 3.629 104.136 4.510
201712 3.679 104.011 4.578
201803 3.888 105.290 4.779
201806 1.084 106.317 1.320
201809 1.217 106.507 1.479
201812 0.769 105.998 0.939
201903 0.915 107.251 1.104
201906 1.044 108.070 1.250
201909 1.163 108.329 1.389
201912 1.318 108.420 1.573
202003 1.484 108.902 1.764
202006 1.806 108.767 2.149
202009 2.240 109.815 2.640
202012 2.533 109.897 2.983
202103 2.879 111.754 3.334
202106 3.002 114.631 3.389
202109 3.266 115.734 3.652
202112 3.365 117.630 3.702
202203 3.234 121.301 3.450
202206 2.771 125.017 2.869
202209 2.745 125.227 2.837
202212 2.925 125.222 3.023
202303 3.035 127.348 3.084
202306 3.164 128.729 3.181
202309 2.356 129.860 2.348
202312 2.021 129.419 2.021

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.


National Research  (NAS:NRC) 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.


National Research Cyclically Adjusted PB Ratio Related Terms

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


National Research (National Research) Business Description

Traded in Other Exchanges
N/A
Address
1245 Q Street, Lincoln, NE, USA, 68508
National Research Corp is a provider of analytics and insights that facilitate measurement and improvement of the patient and employee experience while also increasing patient engagement and customer loyalty for healthcare providers, payers, and other healthcare organizations. Its portfolio of solutions represents a set of capabilities that individually and collectively provide value to clients. The solutions are offered at an enterprise level through the Voice of the Customer platform, The Governance Institute, and legacy Experience solutions. It operates in the United States and Canada, of which key revenue is derived from the United States.
Executives
Amandla Mk Trust 10 percent owner C/O THE BRYN MAWR TRUST COMPANY OF DELAW, 20 MONTCHANIN RD, SUITE 100, GREENVILLE DE 19807
Common Property Trust 10 percent owner 709 PIER 2, LINCOLN NE 68528
Parul Bhandari director 1775 I STREET NW, SUITE 910, WASHINGTON DC 20006
Stephen H Lockhart director C/O NATIONAL RESEARCH CORPORATION, 1245 Q STREET, LINCOLN NE 68508
Penny Ann Wheeler director C/O NATIONAL RESEARCH CORPORATION, 1245 Q STREET, LINCOLN NE 68508
Donald M Berwick director C/O NATIONAL RESEARCH CORPORATION, 1245 Q STREET, LINCOLN NE 68508
Jona S Raasch officer: Vice President and COO
Kevin R Karas officer: SVP Finance, CFO, Treas & Secy C/O NATIONAL RESEARCH CORPORATION, 1245 Q STREET, LINCOLN NE 68508
Michael & Karen Hays Grandchildren's Trust Dated March 9, 2009 10 percent owner C/O BESSEMER TRUST COMPANY OF DELAWARE, 1007 N. ORANGE ST., SUITE 1450, WILMINGTON DE 19801
Joann M Martin director 6221 ANDREW COURT, LINCOLN NE 68512
Helen Hrdy officer: Chief Growth Officer C/O NATIONAL RESEARCH CORPORATION, 1245 Q STREET, LINCOLN NE 68508
Steven D. Jackson officer: President C/O NATIONAL RESEARCH CORPORATION, 1245 Q STREET, LINCOLN NE 68508
John N Nunnelly director P.O. BOX 2175, AMHERST MA 01004
Barbara Mowry director P.O. BOX 103115, DENVER CO 80250
Michael Hays director, 10 percent owner, officer: President and CEO C/O NATIONAL RESEARCH CORPORATION, 1245 Q STREET, LINCOLN NE 68508