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Vasamed (Vasamed) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


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What is Vasamed Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vasamed Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vasamed'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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Vasamed Cyclically Adjusted PB Ratio Chart

Vasamed Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Cyclically Adjusted PB Ratio
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Vasamed Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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Competitive Comparison of Vasamed's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Vasamed'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.


Vasamed's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Vasamed's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vasamed 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.

Vasamed's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2006 is calculated as:

For example, Vasamed's adjusted Book Value per Share data for the three months ended in Sep. 2006 was:

Adj_Book=Book Value per Share/CPI of Sep. 2006 (Change)*Current CPI (Sep. 2006)
=-0.393/85.6057*85.6057
=-0.393

Current CPI (Sep. 2006) = 85.6057.

Vasamed Quarterly Data

Book Value per Share CPI Adj_Book
199612 22.299 66.915 28.528
199703 20.477 67.506 25.967
199706 18.178 67.632 23.009
199709 15.186 68.012 19.114
199712 13.694 68.054 17.226
199803 13.423 68.434 16.791
199806 11.321 68.771 14.092
199809 9.431 69.025 11.697
199812 7.453 69.151 9.226
199903 5.496 69.615 6.758
199906 4.342 70.122 5.301
199909 3.280 70.839 3.964
199912 2.246 71.008 2.708
200003 1.388 72.231 1.645
200006 0.696 72.737 0.819
200009 0.451 73.286 0.527
200012 0.634 73.413 0.739
200103 0.190 74.341 0.219
200106 -0.269 75.100 -0.307
200109 -0.703 75.227 -0.800
200112 -0.107 74.552 -0.123
200203 -0.323 75.438 -0.367
200206 0.143 75.902 0.161
200209 -0.071 76.366 -0.080
200212 -0.107 76.324 -0.120
200303 -0.168 77.716 -0.185
200306 0.707 77.505 0.781
200309 0.502 78.138 0.550
200312 0.325 77.758 0.358
200403 0.015 79.066 0.016
200406 -0.361 80.037 -0.386
200409 -0.754 80.121 -0.806
200412 -1.030 80.290 -1.098
200503 -1.319 81.555 -1.385
200506 0.192 82.062 0.200
200509 0.368 83.876 0.376
200512 0.144 83.032 0.148
200603 0.336 84.298 0.341
200606 -0.023 85.606 -0.023
200609 -0.393 85.606 -0.393

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.


Vasamed  (OTCPK:VSMD) 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.


Vasamed Cyclically Adjusted PB Ratio Related Terms

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


Vasamed (Vasamed) Business Description

Traded in Other Exchanges
N/A
Address
7615 Golden Triangle Drive, Suite A, Eden Prairie, MN, USA, 55344-3733
Vasamed Inc develops, manufactures and markets low-cost, non-invasive peripheral and cardiovascular diagnostic systems for hemodynamic assessment.

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