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JMI Syringes & Medical Devices (DHA:JMISMDL) Cyclically Adjusted Book per Share : BDT84.32 (As of Mar. 2024)


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What is JMI Syringes & Medical Devices Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

JMI Syringes & Medical Devices's adjusted book value per share for the three months ended in Mar. 2024 was BDT85.872. 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 BDT84.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, JMI Syringes & Medical Devices's average Cyclically Adjusted Book Growth Rate was 5.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-03), JMI Syringes & Medical Devices's current stock price is BDT142.30. JMI Syringes & Medical Devices's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BDT84.32. JMI Syringes & Medical Devices's Cyclically Adjusted PB Ratio of today is 1.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JMI Syringes & Medical Devices was 4.61. The lowest was 1.51. And the median was 3.15.


JMI Syringes & Medical Devices Cyclically Adjusted Book per Share Historical Data

The historical data trend for JMI Syringes & Medical Devices's Cyclically Adjusted Book per Share 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.

JMI Syringes & Medical Devices Cyclically Adjusted Book per Share Chart

JMI Syringes & Medical Devices Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 81.17

JMI Syringes & Medical Devices Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 80.16 81.17 82.00 82.77 84.32

Competitive Comparison of JMI Syringes & Medical Devices's Cyclically Adjusted Book per Share

For the Medical Instruments & Supplies subindustry, JMI Syringes & Medical Devices'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.


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

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

* The bar in red indicates where JMI Syringes & Medical Devices's Cyclically Adjusted PB Ratio falls into.



JMI Syringes & Medical Devices Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, JMI Syringes & Medical Devices's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=85.872/131.7762*131.7762
=85.872

Current CPI (Mar. 2024) = 131.7762.

JMI Syringes & Medical Devices Quarterly Data

Book Value per Share CPI Adj_Book
201406 35.502 100.560 46.523
201409 35.080 100.428 46.030
201412 35.929 99.070 47.790
201503 36.372 99.621 48.112
201506 37.689 100.684 49.328
201509 37.063 100.392 48.650
201512 44.585 99.792 58.875
201603 45.228 100.470 59.321
201606 47.524 101.688 61.586
201609 46.246 101.861 59.828
201612 46.686 101.863 60.396
201703 47.858 102.862 61.311
201706 49.733 103.349 63.413
201709 50.285 104.136 63.632
201712 49.075 104.011 62.175
201803 50.501 105.290 63.205
201806 52.406 106.317 64.956
201809 53.101 106.507 65.700
201812 52.167 105.998 64.854
201903 53.675 107.251 65.949
201906 172.164 108.070 209.931
201909 173.942 108.329 211.590
201912 89.405 108.420 108.665
202003 90.191 108.902 109.136
202006 89.459 108.767 108.383
202009 90.050 109.815 108.059
202012 89.372 109.897 107.165
202103 89.938 111.754 106.051
202106 90.217 114.631 103.710
202109 90.847 115.734 103.439
202112 90.144 117.630 100.985
202203 91.171 121.301 99.044
202206 91.359 125.017 96.299
202209 92.007 125.227 96.819
202212 92.332 125.222 97.165
202303 92.441 127.348 95.656
202306 86.369 128.729 88.414
202309 86.449 129.860 87.725
202312 85.515 129.419 87.072
202403 85.872 131.776 85.872

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


JMI Syringes & Medical Devices  (DHA:JMISMDL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

JMI Syringes & Medical Devices's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=142.30/84.32
=1.69

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JMI Syringes & Medical Devices was 4.61. The lowest was 1.51. And the median was 3.15.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


JMI Syringes & Medical Devices Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of JMI Syringes & Medical Devices's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


JMI Syringes & Medical Devices (DHA:JMISMDL) Business Description

Traded in Other Exchanges
N/A
Address
117, Kazi Nazrul Islam Avenue, Unique Heights, Level-11, Ramna, Dhaka, BGD, 1217
JMI Syringes & Medical Devices Ltd is a Bangladesh-based syringe and medical device manufacturing company. It manufactures and markets disposable syringe, auto-disable syringe, needle, infusion set, scalp vein set, urine drainage bag, insulin syringe, First AID bandage, riles tube, IV Cannula, feeding tube, and Blood Lancets, and other products.

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