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Primemd (Primemd) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is Primemd Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Primemd Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Primemd'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.

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Primemd Cyclically Adjusted PB Ratio Chart

Primemd Annual Data
Trend Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07
Cyclically Adjusted PB Ratio
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Primemd Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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Competitive Comparison of Primemd's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Primemd'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.


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

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

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



Primemd 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.

Primemd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2008 is calculated as:

For example, Primemd's adjusted Book Value per Share data for the three months ended in Dec. 2008 was:

Adj_Book=Book Value per Share/CPI of Dec. 2008 (Change)*Current CPI (Dec. 2008)
=0.375/88.6974*88.6974
=0.375

Current CPI (Dec. 2008) = 88.6974.

Primemd Quarterly Data

Book Value per Share CPI Adj_Book
199903 0.846 69.615 1.078
199906 0.846 70.122 1.070
199909 0.846 70.839 1.059
199912 0.846 71.008 1.057
200003 0.787 72.231 0.966
200006 0.803 72.737 0.979
200009 0.798 73.286 0.966
200012 0.858 73.413 1.037
200103 0.808 74.341 0.964
200106 0.810 75.100 0.957
200109 0.614 75.227 0.724
200112 0.611 74.552 0.727
200203 0.582 75.438 0.684
200206 0.576 75.902 0.673
200209 0.542 76.366 0.630
200212 0.531 76.324 0.617
200303 0.523 77.716 0.597
200306 0.524 77.505 0.600
200309 0.507 78.138 0.576
200312 0.501 77.758 0.571
200403 0.489 79.066 0.549
200406 0.468 80.037 0.519
200409 0.453 80.121 0.501
200412 0.443 80.290 0.489
200503 0.438 81.555 0.476
200506 0.422 82.062 0.456
200509 0.412 83.876 0.436
200512 0.398 83.032 0.425
200603 0.383 84.298 0.403
200606 0.383 85.606 0.397
200609 0.350 85.606 0.363
200612 0.340 85.142 0.354
200703 0.445 86.640 0.456
200706 0.433 87.906 0.437
200709 0.416 87.964 0.419
200712 0.404 88.616 0.404
200803 0.400 90.090 0.394
200806 0.392 92.320 0.377
200809 0.383 92.307 0.368
200812 0.375 88.697 0.375

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.


Primemd  (OTCPK:PRMD) 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.


Primemd Cyclically Adjusted PB Ratio Related Terms

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


Primemd (Primemd) Business Description

Traded in Other Exchanges
N/A
Address
9039 Antares Avenue, Suite No. E2, Columbus, OH, USA, 43240
Primemd Inc is a multispecialty professional services company. The company employs physicians, nurse practitioners, medical assistants to deliver services. Its services include Pediatrics; Primary Care; Spine and Pain Management; Urgent Care and others.

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