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Mercator Medical (WAR:MRC) Cyclically Adjusted PB Ratio : 0.72 (As of Jun. 01, 2025)


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What is Mercator Medical Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Mercator Medical's current share price is zł44.80. Mercator Medical's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was zł62.44. Mercator Medical's Cyclically Adjusted PB Ratio for today is 0.72.

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

WAR:MRC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.82   Max: 1.33
Current: 0.72

During the past years, Mercator Medical's highest Cyclically Adjusted PB Ratio was 1.33. The lowest was 0.69. And the median was 0.82.

WAR:MRC's Cyclically Adjusted PB Ratio is ranked better than
79.07% of 497 companies
in the Medical Devices & Instruments industry
Industry Median: 1.85 vs WAR:MRC: 0.72

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.

Mercator Medical's adjusted book value per share data for the three months ended in Sep. 2024 was zł91.925. 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 zł62.44 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercator Medical Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mercator Medical'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.

Mercator Medical Cyclically Adjusted PB Ratio Chart

Mercator Medical 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 - - - 1.08 0.77

Mercator Medical Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.81 0.77 0.76 0.74 0.90

Competitive Comparison of Mercator Medical's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Mercator Medical'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.


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

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

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


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Mercator Medical 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.

Mercator Medical's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.80/62.44
=0.72

* 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.

Mercator Medical's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Mercator Medical's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=91.925/153.4391*153.4391
=91.925

Current CPI (Sep. 2024) = 153.4391.

Mercator Medical Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.457 100.122 11.428
201503 8.321 100.041 12.762
201506 7.892 100.448 12.055
201509 7.913 99.634 12.186
201512 8.408 99.471 12.970
201603 8.608 98.983 13.344
201606 9.452 99.552 14.568
201609 11.093 99.064 17.182
201612 11.528 100.366 17.624
201703 11.392 101.018 17.304
201706 10.975 101.180 16.643
201709 11.204 101.343 16.963
201712 11.171 102.564 16.712
201803 11.829 102.564 17.697
201806 12.139 103.378 18.017
201809 12.318 103.378 18.283
201812 12.008 103.785 17.753
201903 12.542 104.274 18.456
201906 12.109 105.983 17.531
201909 12.878 105.983 18.644
201912 12.572 107.123 18.008
202003 14.478 109.076 20.366
202006 33.727 109.402 47.303
202009 65.674 109.320 92.178
202012 99.785 109.565 139.743
202103 126.658 112.658 172.507
202106 135.023 113.960 181.799
202109 115.753 115.588 153.658
202112 117.078 119.088 150.849
202203 119.504 125.031 146.657
202206 119.554 131.705 139.283
202209 122.846 135.531 139.078
202212 103.248 139.113 113.881
202303 99.329 145.950 104.426
202306 91.030 147.009 95.012
202309 92.247 146.113 96.872
202312 88.238 147.741 91.641
202403 89.973 149.044 92.626
202406 90.075 150.997 91.532
202409 91.925 153.439 91.925

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.


Mercator Medical  (WAR:MRC) 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.


Mercator Medical Cyclically Adjusted PB Ratio Related Terms

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


Mercator Medical Business Description

Traded in Other Exchanges
Address
Ulica H. Modrzejewska 30, Krakow, POL, 31-327
Mercator Medical SA produces and sells medical gloves and distributor of medical disposables. The company's products - mainly gloves, dressings, disposable clothing and surgical drapes. It operates in Europe and Russia.