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Zenicor Medical Systems AB (XSAT:ZENI) Cyclically Adjusted PB Ratio : 0.91 (As of Jun. 03, 2025)


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What is Zenicor Medical Systems AB Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Zenicor Medical Systems AB's current share price is kr2.56. Zenicor Medical Systems AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr2.82. Zenicor Medical Systems AB's Cyclically Adjusted PB Ratio for today is 0.91.

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

XSAT:ZENI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.79   Max: 1.36
Current: 0.89

During the past years, Zenicor Medical Systems AB's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.60. And the median was 0.79.

XSAT:ZENI's Cyclically Adjusted PB Ratio is ranked better than
73.84% of 497 companies
in the Medical Devices & Instruments industry
Industry Median: 1.87 vs XSAT:ZENI: 0.89

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.

Zenicor Medical Systems AB's adjusted book value per share data for the three months ended in Mar. 2025 was kr3.107. 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 kr2.82 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zenicor Medical Systems AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zenicor Medical Systems AB'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.

Zenicor Medical Systems AB Cyclically Adjusted PB Ratio Chart

Zenicor Medical Systems AB 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 - - - 1.16 0.63

Zenicor Medical Systems AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.07 0.73 0.69 0.63 0.71

Competitive Comparison of Zenicor Medical Systems AB's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Zenicor Medical Systems AB'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.


Zenicor Medical Systems AB's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

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

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


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Zenicor Medical Systems AB 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.

Zenicor Medical Systems AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.56/2.82
=0.91

* 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.

Zenicor Medical Systems AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Zenicor Medical Systems AB's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.107/132.8245*132.8245
=3.107

Current CPI (Mar. 2025) = 132.8245.

Zenicor Medical Systems AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.870 99.995 2.484
201509 1.562 100.228 2.070
201512 1.324 100.276 1.754
201603 1.282 100.751 1.690
201606 1.184 101.019 1.557
201609 0.932 101.138 1.224
201612 0.973 102.022 1.267
201703 0.996 102.022 1.297
201706 1.017 102.752 1.315
201709 0.777 103.279 0.999
201712 0.537 103.793 0.687
201803 3.101 103.962 3.962
201806 3.114 104.875 3.944
201809 2.819 105.679 3.543
201812 2.761 105.912 3.463
201903 2.682 105.886 3.364
201906 2.708 106.742 3.370
201909 2.710 107.214 3.357
201912 2.494 107.766 3.074
202003 2.645 106.563 3.297
202006 2.703 107.498 3.340
202009 2.710 107.635 3.344
202012 2.716 108.296 3.331
202103 2.781 108.360 3.409
202106 2.790 108.928 3.402
202109 2.796 110.338 3.366
202112 2.814 112.486 3.323
202203 2.831 114.825 3.275
202206 2.841 118.384 3.188
202209 2.702 122.296 2.935
202212 2.541 126.365 2.671
202303 2.474 127.042 2.587
202306 3.858 129.407 3.960
202309 3.519 130.224 3.589
202312 3.388 131.912 3.411
202403 3.217 132.205 3.232
202406 3.170 132.716 3.173
202409 3.099 132.304 3.111
202412 3.157 132.987 3.153
202503 3.107 132.825 3.107

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.


Zenicor Medical Systems AB  (XSAT:ZENI) 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.


Zenicor Medical Systems AB Cyclically Adjusted PB Ratio Related Terms

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


Zenicor Medical Systems AB Business Description

Traded in Other Exchanges
N/A
Address
Saltmatargatan 8, Stockholm, SWE, 113 59
Zenicor Medical Systems AB is a medical technology company. It is engaged in remote diagnosis of cardiac care and stroke prevention.

Zenicor Medical Systems AB Headlines

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