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Decision Diagnostics (Decision Diagnostics) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is Decision Diagnostics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Decision Diagnostics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Decision Diagnostics'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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Decision Diagnostics Cyclically Adjusted PB Ratio Chart

Decision Diagnostics Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Decision Diagnostics Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of Decision Diagnostics's Cyclically Adjusted PB Ratio

For the Pharmaceutical Retailers subindustry, Decision Diagnostics'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.


Decision Diagnostics's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Decision Diagnostics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Decision Diagnostics 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.

Decision Diagnostics's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Decision Diagnostics's adjusted Book Value per Share data for the three months ended in Sep. 2021 was:

Adj_Book=Book Value per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=-0/115.7343*115.7343
=0.000

Current CPI (Sep. 2021) = 115.7343.

Decision Diagnostics Quarterly Data

Book Value per Share CPI Adj_Book
200703 -2.489 86.640 -3.325
200706 -2.156 87.906 -2.839
200709 -1.542 87.964 -2.029
200712 -0.701 88.616 -0.916
200803 -0.603 90.090 -0.775
200806 -0.491 92.320 -0.616
200809 -0.470 92.307 -0.589
200812 -0.390 88.697 -0.509
200903 -0.289 89.744 -0.373
200906 0.060 91.003 0.076
200909 0.115 91.120 0.146
200912 0.214 91.111 0.272
201003 0.299 91.821 0.377
201006 0.351 91.962 0.442
201009 0.365 92.162 0.458
201012 0.299 92.474 0.374
201103 0.246 94.283 0.302
201106 0.266 95.235 0.323
201109 0.217 95.727 0.262
201112 0.201 95.213 0.244
201203 0.193 96.783 0.231
201206 0.117 96.819 0.140
201209 0.082 97.633 0.097
201212 0.061 96.871 0.073
201303 0.012 98.209 0.014
201306 -0.021 98.518 -0.025
201309 0.013 98.790 0.015
201712 0.018 104.011 0.020
201812 0.009 105.998 0.010
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 0.001 108.420 0.001
202003 0.000 108.902 0.000
202006 0.002 108.767 0.002
202009 0.001 109.815 0.001
202012 0.001 109.897 0.001
202103 0.001 111.754 0.001
202106 0.000 114.631 0.000
202109 0.000 115.734 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.


Decision Diagnostics  (OTCPK:DECN) 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.


Decision Diagnostics Cyclically Adjusted PB Ratio Related Terms

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Decision Diagnostics (Decision Diagnostics) Business Description

Traded in Other Exchanges
N/A
Address
2660 Townsgate Road, Suite 300, Westlake Village, CA, USA, 91361
Decision Diagnostics Corp is a provider of prescription drugs, home testing products for the chronically ill, direct to patient diabetes programs, and a developer of revolutionary, cell phone centric, e-health products and technology. The company also provides blood glucose home testing test strips and exciting new concepts for blood testing monitors.
Executives
Keith Berman director, officer: Secretary 2660 TOWNSGATE RD #300, WESTLAKE VILLAGE CA 91361
Robert Jagunich director 765 CHRISTINE DR PALO ALTO CA 94303
Robert Lawrence Cox director, officer: President

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