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CardioComm Solutions (TSXV:EKG) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2025)


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What is CardioComm Solutions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CardioComm Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CardioComm Solutions'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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CardioComm Solutions Cyclically Adjusted PB Ratio Chart

CardioComm Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 360.33 - - - -

CardioComm Solutions Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 - - - - -

Competitive Comparison of CardioComm Solutions's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, CardioComm Solutions'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.


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

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

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


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CardioComm Solutions 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.

CardioComm Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, CardioComm Solutions's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.001/127.3637*127.3637
=-0.001

Current CPI (Dec. 2024) = 127.3637.

CardioComm Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201503 -0.004 99.789 -0.005
201506 -0.005 100.500 -0.006
201509 -0.005 100.421 -0.006
201512 -0.006 99.947 -0.008
201603 -0.006 101.054 -0.008
201606 -0.006 102.002 -0.007
201609 -0.005 101.765 -0.006
201612 0.000 101.449 0.000
201703 0.001 102.634 0.001
201706 0.003 103.029 0.004
201709 0.003 103.345 0.004
201712 0.004 103.345 0.005
201803 0.003 105.004 0.004
201806 0.002 105.557 0.002
201809 0.001 105.636 0.001
201812 0.000 105.399 0.000
201903 -0.001 106.979 -0.001
201906 -0.003 107.690 -0.004
201909 -0.002 107.611 -0.002
201912 -0.006 107.769 -0.007
202003 -0.007 107.927 -0.008
202006 -0.007 108.401 -0.008
202009 -0.007 108.164 -0.008
202012 -0.005 108.559 -0.006
202103 -0.005 110.298 -0.006
202106 -0.004 111.720 -0.005
202109 -0.005 112.905 -0.006
202112 -0.003 113.774 -0.003
202203 -0.002 117.646 -0.002
202206 -0.002 120.806 -0.002
202209 -0.002 120.648 -0.002
202212 -0.003 120.964 -0.003
202303 -0.003 122.702 -0.003
202306 -0.003 124.203 -0.003
202309 -0.003 125.230 -0.003
202312 -0.003 125.072 -0.003
202403 -0.003 126.258 -0.003
202406 -0.003 127.522 -0.003
202409 -0.001 127.285 -0.001
202412 -0.001 127.364 -0.001

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.


CardioComm Solutions  (TSXV:EKG) 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.


CardioComm Solutions Cyclically Adjusted PB Ratio Related Terms

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


CardioComm Solutions Business Description

Traded in Other Exchanges
Address
18 Wynford Drive, Suite 305, North York, ON, CAN, M3C 3S2
CardioComm Solutions Inc develops software, hardware and core laboratory reading services related to the electrocardiogram ("ECG") and ambulatory arrhythmia monitoring systems for medical and consumer markets. It engages in the provision of management software solutions. It specializes in software engineering of computer-based electrocardiogram management and reporting software. The company's products include software, Gems Win, Global ECG Management System, GlobalCardio 12 lead; hardware, include handheld ECG monitor; Asp Services, include ECG management service and smart monitoring; software modules, consists of Win Air, Auto attendant, HL7 interface and EMR integration; and other products, include ECG viewer SDK and QRS 12 lead universal.
Executives
Etienne Anthony Grima Director
Steven Vincent Benyo Director

CardioComm Solutions Headlines