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Medi Lifestyle (SGX:Z4D) Cyclically Adjusted PB Ratio : 0.02 (As of May. 21, 2024)


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What is Medi Lifestyle Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Medi Lifestyle's current share price is S$0.011. Medi Lifestyle's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was S$0.65. Medi Lifestyle's Cyclically Adjusted PB Ratio for today is 0.02.

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

SGX:Z4D' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.11   Max: 0.34
Current: 0.02

During the past years, Medi Lifestyle's highest Cyclically Adjusted PB Ratio was 0.34. The lowest was 0.01. And the median was 0.11.

SGX:Z4D's Cyclically Adjusted PB Ratio is ranked better than
97.44% of 313 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs SGX:Z4D: 0.02

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.

Medi Lifestyle's adjusted book value per share data for the three months ended in Dec. 2023 was S$-0.023. 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$0.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medi Lifestyle Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Medi Lifestyle'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.

Medi Lifestyle Cyclically Adjusted PB Ratio Chart

Medi Lifestyle 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 - - 0.22 0.10 0.02

Medi Lifestyle 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 0.10 0.09 0.05 0.02 0.02

Competitive Comparison of Medi Lifestyle's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Medi Lifestyle'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.


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

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

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



Medi Lifestyle 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.

Medi Lifestyle's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.011/0.65
=0.02

* 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.

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

For example, Medi Lifestyle'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)
=-0.023/129.4194*129.4194
=-0.023

Current CPI (Dec. 2023) = 129.4194.

Medi Lifestyle Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.536 99.695 1.994
201406 1.616 100.560 2.080
201409 1.565 100.428 2.017
201412 1.572 99.070 2.054
201503 1.563 99.621 2.031
201506 1.450 100.684 1.864
201509 1.448 100.392 1.867
201512 1.437 99.792 1.864
201603 1.316 100.470 1.695
201606 1.326 101.688 1.688
201609 1.360 101.861 1.728
201612 1.065 101.863 1.353
201703 0.986 102.862 1.241
201706 0.938 103.349 1.175
201709 0.886 104.136 1.101
201712 0.065 104.011 0.081
201803 0.000 105.290 0.000
201806 -0.008 106.317 -0.010
201809 -0.050 106.507 -0.061
201812 -0.117 105.998 -0.143
201903 -0.141 107.251 -0.170
201906 -0.075 108.070 -0.090
201909 0.025 108.329 0.030
201912 0.027 108.420 0.032
202003 0.075 108.902 0.089
202006 0.072 108.767 0.086
202009 0.060 109.815 0.071
202012 0.051 109.897 0.060
202103 0.031 111.754 0.036
202106 0.006 114.631 0.007
202109 -0.019 115.734 -0.021
202112 -0.035 117.630 -0.039
202203 -0.043 121.301 -0.046
202206 -0.049 125.017 -0.051
202209 -0.038 125.227 -0.039
202212 -0.045 125.222 -0.047
202303 -0.052 127.348 -0.053
202306 -0.031 128.729 -0.031
202309 -0.025 129.860 -0.025
202312 -0.023 129.419 -0.023

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.


Medi Lifestyle  (SGX:Z4D) 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.


Medi Lifestyle Cyclically Adjusted PB Ratio Related Terms

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


Medi Lifestyle (SGX:Z4D) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Universiti, Seksyen 13, 100.03.015, Level 3 Block J, 72A, Petaling Jaya, SGR, MYS, 46200
Medi Lifestyle Ltd is an investment holding company. The company's segment includes Healthcare and Outsourced Services. It generates maximum revenue from the Outsourced Services segment. The company's geographical segments are Malaysia and Singapore.

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