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OSI Systems (OSI Systems) Cyclically Adjusted Book per Share : $37.21 (As of Dec. 2023)


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What is OSI Systems 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.

OSI Systems's adjusted book value per share for the three months ended in Dec. 2023 was $45.289. 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 $37.21 for the trailing ten years ended in Dec. 2023.

During the past 12 months, OSI Systems's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of OSI Systems was 9.30% per year. The lowest was 6.00% per year. And the median was 6.85% per year.

As of today (2024-04-27), OSI Systems's current stock price is $134.82. OSI Systems's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $37.21. OSI Systems's Cyclically Adjusted PB Ratio of today is 3.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OSI Systems was 4.60. The lowest was 1.99. And the median was 3.23.


OSI Systems Cyclically Adjusted Book per Share Historical Data

The historical data trend for OSI Systems'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.

OSI Systems Cyclically Adjusted Book per Share Chart

OSI Systems Annual Data
Trend Jun14 Jun15 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 26.64 27.92 30.58 34.41 36.43

OSI Systems 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 35.75 36.43 37.02 37.21 -

Competitive Comparison of OSI Systems's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, OSI Systems'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.


OSI Systems's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, OSI Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



OSI Systems 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, OSI Systems's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=45.289/129.4194*129.4194
=45.289

Current CPI (Dec. 2023) = 129.4194.

OSI Systems Quarterly Data

Book Value per Share CPI Adj_Book
201403 25.164 99.695 32.667
201406 26.687 100.560 34.346
201409 26.369 100.428 33.981
201412 27.355 99.070 35.735
201503 28.134 99.621 36.549
201506 29.507 100.684 37.928
201509 28.595 100.392 36.863
201512 28.726 99.792 37.254
201603 28.165 100.470 36.280
201606 28.598 101.688 36.397
201609 28.908 101.861 36.729
201612 28.500 101.863 36.210
201703 29.680 102.862 37.343
201706 30.456 103.349 38.139
201709 30.138 104.136 37.455
201712 27.931 104.011 34.754
201803 26.702 105.290 32.821
201806 27.142 106.317 33.040
201809 26.844 106.507 32.619
201812 27.534 105.998 33.618
201903 29.049 107.251 35.053
201906 30.370 108.070 36.370
201909 29.810 108.329 35.614
201912 30.530 108.420 36.443
202003 30.664 108.902 36.441
202006 31.765 108.767 37.796
202009 31.126 109.815 36.683
202012 32.768 109.897 38.589
202103 34.254 111.754 39.669
202106 35.522 114.631 40.105
202109 34.742 115.734 38.850
202112 35.148 117.630 38.671
202203 36.289 121.301 38.718
202206 37.844 125.017 39.177
202209 37.027 125.227 38.267
202212 38.512 125.222 39.803
202303 39.870 127.348 40.519
202306 43.044 128.729 43.275
202309 42.646 129.860 42.501
202312 45.289 129.419 45.289

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


OSI Systems  (NAS:OSIS) 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.

OSI Systems's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=134.82/37.21
=3.62

* 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 OSI Systems was 4.60. The lowest was 1.99. And the median was 3.23.


Be Aware

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


OSI Systems Cyclically Adjusted Book per Share Related Terms

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


OSI Systems (OSI Systems) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OSI Systems Inc (NAS:OSIS) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
12525 Chadron Avenue, Hawthorne, CA, USA, 90250
OSI Systems Inc is a designer and manufacturer of electronic systems and components for businesses in the homeland security, healthcare, defense, and aerospace markets. The firm is organized in three business segments: Security, which provides security and inspection systems; Healthcare, which provides patient monitoring, diagnostic, cardiology, ventilation systems and defibrillators; and Optoelectronics and Manufacturing, which provides specialized electronic components and manufacturing services for the Security and Healthcare segments and external original equipment manufacturers. Majority of the firm's revenue is generated in America, and the rest from Europe, the Middle East, and Africa, and the Asia Pacific regions.
Executives
Deepak Chopra director, officer: President and CEO 12525 CHADRON AVE, HAWTHORNE CA 90250
Shalabh Chandra officer: Pres., Spacelabs Healthcare C/O OSI SYSTEMS, INC., 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Glenn Grindstaff officer: Chief Human Resources Officer 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Paul Keith Morben officer: Pres., OSI Electronics 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Ballhaus William Francis Jr director 12525 CHADRON AVE, HAWTHORNE CA 90250
Alan I Edrick officer: EVP & CFO 20200 SUNBURST STREET, CHATSWORTH CA 91311
Victor S Sze officer: General Counsel 12525 CHADRON AVE, HAWTHORNE CA 90250
Gerald M Chizever director
Manoocher M Aliabadi officer: Pres., Optoelectronics Div 12525 CHADRON AVE, HAWTHORNE CA 90250
Malcolm Peter Maginnis officer: Pres., Rapiscan Systems 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Ajay Mehra director, officer: Executve Vice President 12525 CHADRON AVE, HAWTHORNE CA 90250
Steven C Good director 11755 WILSHIRE BOULEVARD, SUITE 1700, LOS ANGELES CA 90025
Kelli Bernard director 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Deborah Lee Cegielski officer: SVP, Chief HR Officer 12525 CHADRON AVENUE, HAWTHORNE CA 90250
James W Green officer: Pres., Spacelabs Healthcare 12525 CHADRON AVENUE, HAWTHORNE CA 90250