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RMSYF (Ramsay Health Care) Cyclically Adjusted PB Ratio : 1.81 (As of May. 16, 2025)


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What is Ramsay Health Care Cyclically Adjusted PB Ratio?

As of today (2025-05-16), Ramsay Health Care's current share price is $22.00. Ramsay Health Care's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 was $12.14. Ramsay Health Care's Cyclically Adjusted PB Ratio for today is 1.81.

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

RMSYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.91   Med: 6.31   Max: 10.64
Current: 2.18

During the past 13 years, Ramsay Health Care's highest Cyclically Adjusted PB Ratio was 10.64. The lowest was 1.91. And the median was 6.31.

RMSYF's Cyclically Adjusted PB Ratio is ranked worse than
54.44% of 338 companies
in the Healthcare Providers & Services industry
Industry Median: 1.925 vs RMSYF: 2.18

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.

Ramsay Health Care's adjusted book value per share data of for the fiscal year that ended in Jun24 was $14.152. 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 $12.14 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ramsay Health Care Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ramsay Health Care'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.

Ramsay Health Care Cyclically Adjusted PB Ratio Chart

Ramsay Health Care Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.27 5.25 5.40 3.70 2.83

Ramsay Health Care Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 3.70 - 2.83 -

Competitive Comparison of Ramsay Health Care's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Ramsay Health Care'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.


Ramsay Health Care's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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


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Ramsay Health Care 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.

Ramsay Health Care's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.00/12.14
=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.

Ramsay Health Care's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Ramsay Health Care's adjusted Book Value per Share data for the fiscal year that ended in Jun24 was:

Adj_Book=Book Value per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=14.152/128.9064*128.9064
=14.152

Current CPI (Jun24) = 128.9064.

Ramsay Health Care Annual Data

Book Value per Share CPI Adj_Book
201506 7.101 99.838 9.169
201606 7.410 100.859 9.471
201706 8.520 102.809 10.683
201806 8.793 104.945 10.801
201906 8.741 106.617 10.568
202006 11.314 106.246 13.727
202106 13.469 110.332 15.737
202206 12.076 117.112 13.292
202306 12.166 124.170 12.630
202406 14.152 128.906 14.152

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.


Ramsay Health Care  (OTCPK:RMSYF) 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.


Ramsay Health Care Cyclically Adjusted PB Ratio Related Terms

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


Ramsay Health Care Business Description

Address
126 Phillip Street, Suite 18.03, Level 18, Deutsche Bank Place, Sydney, NSW, AUS, 2000
Ramsay Health Care is one of the largest private healthcare providers in the world, with over 460 facilities across 10 countries. The key markets in which it operates are Australia, France, the UK, and Sweden. It is the largest private hospital group in each of these markets except for the UK where it ranks fifth. Ramsay Sante, which operates the European regions other than the UK, is a 52.5%-owned subsidiary of Ramsay Health Care. The company typically earns about 60% of consolidated earnings in Australia and 30% in France. Ramsay Health Care undertakes both private and publicly funded healthcare.