GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Revenio Group Oyj (OHEL:REG1V) » Definitions » Cyclically Adjusted PB Ratio

Revenio Group Oyj (OHEL:REG1V) Cyclically Adjusted PB Ratio : 14.86 (As of May. 28, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Revenio Group Oyj Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Revenio Group Oyj's current share price is €29.12. Revenio Group Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.96. Revenio Group Oyj's Cyclically Adjusted PB Ratio for today is 14.86.

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

OHEL:REG1V' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11.36   Med: 28.08   Max: 64.53
Current: 14.6

During the past years, Revenio Group Oyj's highest Cyclically Adjusted PB Ratio was 64.53. The lowest was 11.36. And the median was 28.08.

OHEL:REG1V's Cyclically Adjusted PB Ratio is ranked worse than
95.54% of 471 companies
in the Medical Devices & Instruments industry
Industry Median: 2.11 vs OHEL:REG1V: 14.60

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.

Revenio Group Oyj's adjusted book value per share data for the three months ended in Mar. 2024 was €3.892. 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 €1.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Revenio Group Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Revenio Group Oyj'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.

Revenio Group Oyj Cyclically Adjusted PB Ratio Chart

Revenio Group Oyj 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 33.48 52.48 46.89 25.01 14.58

Revenio Group Oyj 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 23.62 18.53 11.48 14.58 13.03

Competitive Comparison of Revenio Group Oyj's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Revenio Group Oyj'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.


Revenio Group Oyj's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Revenio Group Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Revenio Group Oyj 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.

Revenio Group Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.12/1.96
=14.86

* 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.

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

For example, Revenio Group Oyj'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)
=3.892/122.3600*122.3600
=3.892

Current CPI (Mar. 2024) = 122.3600.

Revenio Group Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.725 100.147 0.886
201409 0.661 100.726 0.803
201412 0.517 100.229 0.631
201503 0.476 100.120 0.582
201506 0.615 100.030 0.752
201509 0.690 100.130 0.843
201512 0.652 99.990 0.798
201603 0.521 100.080 0.637
201606 0.593 100.390 0.723
201609 0.675 100.540 0.821
201612 0.760 101.020 0.921
201703 0.472 100.910 0.572
201706 0.623 101.140 0.754
201709 0.714 101.320 0.862
201712 0.668 101.510 0.805
201803 0.476 101.730 0.573
201806 0.572 102.320 0.684
201809 0.660 102.600 0.787
201812 0.754 102.710 0.898
201903 0.513 102.870 0.610
201906 2.113 103.360 2.501
201909 2.230 103.540 2.635
201912 2.430 103.650 2.869
202003 2.473 103.490 2.924
202006 2.284 103.320 2.705
202009 2.397 103.710 2.828
202012 2.628 103.890 3.095
202103 2.422 104.870 2.826
202106 2.549 105.360 2.960
202109 2.737 106.290 3.151
202112 2.953 107.490 3.362
202203 3.119 110.950 3.440
202206 2.987 113.570 3.218
202209 3.232 114.920 3.441
202212 3.420 117.320 3.567
202303 3.186 119.750 3.255
202306 3.313 120.690 3.359
202309 3.478 121.280 3.509
202312 3.756 121.540 3.781
202403 3.892 122.360 3.892

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.


Revenio Group Oyj  (OHEL:REG1V) 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.


Revenio Group Oyj Cyclically Adjusted PB Ratio Related Terms

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


Revenio Group Oyj (OHEL:REG1V) Business Description

Traded in Other Exchanges
Address
Ayritie 22, Vantaa, FIN, 01510
Revenio Group Oyj is a Finnish health technology company. It develops and commercializes effective and easy-to-use health tech-related screening devices for the detection of diseases of significance to public health. Its ophthalmic diagnostic solutions include intraocular pressure (IOP) measurement devices (tonometers), perimeter and fundus imaging devices under the iCare brand. Its eye care software platform Oculo offers clinical communication, telehealth, remote patient monitoring, and data analytics capabilities. The company's geographical segments include Finland, Other Europe, and Others.

Revenio Group Oyj (OHEL:REG1V) Headlines

No Headlines