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Numeral (XMAU:GOLI.N0000) Cyclically Adjusted PB Ratio : (As of Oct. 31, 2024)


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What is Numeral Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Numeral Cyclically Adjusted PB Ratio Historical Data

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

Numeral Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Feb18 Feb19 Feb20 Feb21 Feb22
Cyclically Adjusted PB Ratio
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Numeral Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 Nov19 Feb20 Aug20 Nov20 Feb21 Aug21 Nov21 Feb22 Aug22 Nov22 May23 Aug23 Nov23 May24 Aug24
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Competitive Comparison of Numeral's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Numeral'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.


Numeral's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Numeral's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Numeral 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.

Numeral's Cyclically Adjusted Book per Share for the fiscal year that ended in Feb22 is calculated as:

For example, Numeral's adjusted Book Value per Share data for the fiscal year that ended in Feb22 was:

Adj_Book=Book Value per Share/CPI of Feb22 (Change)*Current CPI (Feb22)
=-0/119.7028*119.7028
=0.000

Current CPI (Feb22) = 119.7028.

Numeral Annual Data

Book Value per Share CPI Adj_Book
201112 0.000 95.213 0.000
201212 0.099 96.871 0.122
201312 0.052 98.326 0.063
201412 0.013 99.070 0.016
201512 0.014 99.792 0.017
201802 0.038 105.052 0.043
201902 0.039 106.649 0.044
202002 -0.001 109.139 -0.001
202102 0.000 110.968 0.000
202202 0.000 119.703 0.000

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.


Numeral  (XMAU:GOLI.N0000) 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.


Numeral Cyclically Adjusted PB Ratio Related Terms

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Numeral Business Description

Traded in Other Exchanges
Address
142, Mosque Road, Midlands, MUS
Numeral Ltd is a multi-faceted healthcare company offering a comprehensive all-inclusive product range that addresses market needs from pharmaceutical, generic, nutraceutical, medical consumables through to high end sophisticated hospital equipment.

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