GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Q & M Dental Group (Singapore) Ltd (SGX:QC7) » Definitions » Cyclically Adjusted PB Ratio

Q & M Dental Group (Singapore) (SGX:QC7) Cyclically Adjusted PB Ratio : 2.19 (As of Dec. 15, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Q & M Dental Group (Singapore) Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Q & M Dental Group (Singapore)'s current share price is S$0.285. Q & M Dental Group (Singapore)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was S$0.13. Q & M Dental Group (Singapore)'s Cyclically Adjusted PB Ratio for today is 2.19.

The historical rank and industry rank for Q & M Dental Group (Singapore)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

SGX:QC7' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.83   Med: 3.68   Max: 7.74
Current: 2.24

During the past years, Q & M Dental Group (Singapore)'s highest Cyclically Adjusted PB Ratio was 7.74. The lowest was 1.83. And the median was 3.68.

SGX:QC7's Cyclically Adjusted PB Ratio is ranked worse than
53.29% of 334 companies
in the Healthcare Providers & Services industry
Industry Median: 2.075 vs SGX:QC7: 2.24

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.

Q & M Dental Group (Singapore)'s adjusted book value per share data for the three months ended in Jun. 2024 was S$0.110. 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 S$0.13 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Q & M Dental Group (Singapore) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Q & M Dental Group (Singapore)'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.

Q & M Dental Group (Singapore) Cyclically Adjusted PB Ratio Chart

Q & M Dental Group (Singapore) 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 4.68 4.26 5.76 2.68 2.07

Q & M Dental Group (Singapore) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23 Jun24
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 2.93 2.68 2.38 2.07 1.89

Competitive Comparison of Q & M Dental Group (Singapore)'s Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Q & M Dental Group (Singapore)'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.


Q & M Dental Group (Singapore)'s Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Q & M Dental Group (Singapore)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Q & M Dental Group (Singapore)'s Cyclically Adjusted PB Ratio falls into.



Q & M Dental Group (Singapore) 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.

Q & M Dental Group (Singapore)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.285/0.13
=2.19

* 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.

Q & M Dental Group (Singapore)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Q & M Dental Group (Singapore)'s adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.11/132.5538*132.5538
=0.110

Current CPI (Jun. 2024) = 132.5538.

Q & M Dental Group (Singapore) Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.055 98.326 0.074
201403 0.057 99.695 0.076
201406 0.053 100.560 0.070
201409 0.061 100.428 0.081
201412 0.082 99.070 0.110
201503 0.097 99.621 0.129
201506 0.086 100.684 0.113
201509 0.085 100.392 0.112
201512 0.097 99.792 0.129
201603 0.098 100.470 0.129
201606 0.102 101.688 0.133
201609 0.104 101.861 0.135
201612 0.120 101.863 0.156
201703 0.125 102.862 0.161
201706 0.119 103.349 0.153
201709 0.116 104.136 0.148
201712 0.118 104.011 0.150
201803 0.123 105.290 0.155
201806 0.118 106.317 0.147
201809 0.117 106.507 0.146
201812 0.117 105.998 0.146
201903 0.122 107.251 0.151
201906 0.122 108.070 0.150
201909 0.121 108.329 0.148
201912 0.129 108.420 0.158
202003 0.000 108.902 0.000
202006 0.119 108.767 0.145
202009 0.000 109.815 0.000
202012 0.128 109.897 0.154
202103 0.117 111.754 0.139
202106 0.114 114.631 0.132
202109 0.116 115.734 0.133
202112 0.104 117.630 0.117
202203 0.101 121.301 0.110
202206 0.100 125.017 0.106
202209 0.103 125.227 0.109
202212 0.102 125.222 0.108
202306 0.101 128.729 0.104
202312 0.105 129.419 0.108
202406 0.110 132.554 0.110

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.


Q & M Dental Group (Singapore)  (SGX:QC7) 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.


Q & M Dental Group (Singapore) Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Q & M Dental Group (Singapore)'s Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Q & M Dental Group (Singapore) Business Description

Traded in Other Exchanges
N/A
Address
2 Clementi Loop, No. 04-01 Logis Hub, Clementi, Singapore, SGP, 129809
Q & M Dental Group (Singapore) Ltd is a private dental healthcare group. It operates private dental outlets in Singapore, China, and Malaysia. The group provides dental services such as aesthetic dentistry, children's dentistry, dental X-rays, mouth guards, oral surgery, tooth-colored fillings, sensitive teeth, and others. In addition, it also offers medical services which include general health services, vaccinations, medical check-ups, minor procedures, and others. The segments of the firm are Primary healthcare, Dental equipment and supplies distribution, and Medical laboratory comprising the sale and distribution of Covid-19 test kits and provision of laboratory testing. It generates the majority of the revenue from the Primary healthcare segment.

Q & M Dental Group (Singapore) Headlines

No Headlines