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Amica Mature Lifestyles (TSX:ACC) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is Amica Mature Lifestyles Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Amica Mature Lifestyles Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Amica Mature Lifestyles'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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Amica Mature Lifestyles Cyclically Adjusted PB Ratio Chart

Amica Mature Lifestyles Annual Data
Trend May06 May07 May08 May09 May10 May11 May12 May13 May14 May15
Cyclically Adjusted PB Ratio
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Amica Mature Lifestyles Quarterly Data
Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15
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Competitive Comparison of Amica Mature Lifestyles's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Amica Mature Lifestyles'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.


Amica Mature Lifestyles's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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



Amica Mature Lifestyles 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.

Amica Mature Lifestyles's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2015 is calculated as:

For example, Amica Mature Lifestyles's adjusted Book Value per Share data for the three months ended in Aug. 2015 was:

Adj_Book=Book Value per Share/CPI of Aug. 2015 (Change)*Current CPI (Aug. 2015)
=3.209/100.5794*100.5794
=3.209

Current CPI (Aug. 2015) = 100.5794.

Amica Mature Lifestyles Quarterly Data

Book Value per Share CPI Adj_Book
200511 2.897 85.094 3.424
200602 2.922 85.331 3.444
200605 3.007 86.674 3.489
200608 3.001 86.753 3.479
200611 2.996 86.279 3.493
200702 3.953 87.069 4.566
200705 3.989 88.570 4.530
200708 3.998 88.254 4.556
200711 4.045 88.412 4.602
200802 4.048 88.649 4.593
200805 3.989 90.545 4.431
200808 3.949 91.335 4.349
200811 3.924 90.150 4.378
200902 3.892 89.913 4.354
200905 3.755 90.624 4.167
200908 3.701 90.624 4.108
200911 3.622 91.019 4.002
201002 3.624 91.335 3.991
201005 3.557 91.888 3.893
201008 3.590 92.204 3.916
201011 3.538 92.836 3.833
201102 3.448 93.311 3.717
201105 5.827 95.286 6.151
201108 5.651 95.049 5.980
201111 5.510 95.523 5.802
201202 5.597 95.760 5.879
201205 5.688 96.471 5.930
201208 5.541 96.234 5.791
201211 5.366 96.313 5.604
201302 5.203 96.945 5.398
201305 4.994 97.182 5.169
201308 4.895 97.261 5.062
201311 4.696 97.182 4.860
201402 4.540 98.051 4.657
201405 3.987 99.394 4.035
201408 3.835 99.315 3.884
201411 3.695 99.078 3.751
201502 3.543 99.078 3.597
201505 3.416 100.263 3.427
201508 3.209 100.579 3.209

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.


Amica Mature Lifestyles  (TSX:ACC) 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.


Amica Mature Lifestyles Cyclically Adjusted PB Ratio Related Terms

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Amica Mature Lifestyles (TSX:ACC) Business Description

Traded in Other Exchanges
N/A
Address
Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.

Amica Mature Lifestyles (TSX:ACC) Headlines