GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » ContextVision AB (OSL:CONTX) » Definitions » Cyclically Adjusted PB Ratio

ContextVision AB (OSL:CONTX) Cyclically Adjusted PB Ratio : 6.34 (As of Apr. 27, 2024)


View and export this data going back to 1997. Start your Free Trial

What is ContextVision AB Cyclically Adjusted PB Ratio?

As of today (2024-04-27), ContextVision AB's current share price is kr5.96. ContextVision AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was kr0.94. ContextVision AB's Cyclically Adjusted PB Ratio for today is 6.34.

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

OSL:CONTX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.7   Med: 11.35   Max: 41.67
Current: 6.72

During the past years, ContextVision AB's highest Cyclically Adjusted PB Ratio was 41.67. The lowest was 6.70. And the median was 11.35.

OSL:CONTX's Cyclically Adjusted PB Ratio is ranked worse than
86.47% of 303 companies
in the Healthcare Providers & Services industry
Industry Median: 1.94 vs OSL:CONTX: 6.72

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.

ContextVision AB's adjusted book value per share data for the three months ended in Dec. 2023 was kr1.035. 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 kr0.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ContextVision AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ContextVision 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.

ContextVision AB Cyclically Adjusted PB Ratio Chart

ContextVision AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.34 31.66 21.64 10.50 8.21

ContextVision AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.50 10.00 9.33 7.72 8.21

Competitive Comparison of ContextVision AB's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, ContextVision 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.


ContextVision AB's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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



ContextVision 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.

ContextVision AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.96/0.94
=6.34

* 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.

ContextVision AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ContextVision AB'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)
=1.035/130.9575*130.9575
=1.035

Current CPI (Dec. 2023) = 130.9575.

ContextVision AB Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.569 99.788 0.747
201406 0.575 100.432 0.750
201409 0.581 100.161 0.760
201412 0.626 100.225 0.818
201503 0.637 99.950 0.835
201506 0.655 99.995 0.858
201509 0.717 100.228 0.937
201512 0.755 100.276 0.986
201603 0.764 100.751 0.993
201606 0.744 101.019 0.964
201609 0.733 101.138 0.949
201612 0.738 102.022 0.947
201703 0.725 102.022 0.931
201706 0.740 102.752 0.943
201709 0.731 103.279 0.927
201712 0.760 103.793 0.959
201803 0.677 103.962 0.853
201806 0.649 104.875 0.810
201809 0.662 105.679 0.820
201812 0.723 105.912 0.894
201903 0.734 105.886 0.908
201906 0.776 106.742 0.952
201909 0.826 107.214 1.009
201912 0.818 107.766 0.994
202003 0.997 106.563 1.225
202006 1.021 107.498 1.244
202009 1.041 107.635 1.267
202012 1.074 108.296 1.299
202103 0.962 108.360 1.163
202106 0.939 108.928 1.129
202109 0.960 110.338 1.139
202112 0.483 112.486 0.562
202203 0.491 114.825 0.560
202206 0.627 118.384 0.694
202209 0.721 122.296 0.772
202212 0.819 126.365 0.849
202303 0.981 127.042 1.011
202306 0.956 129.407 0.967
202309 1.061 130.224 1.067
202312 1.035 130.958 1.035

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.


ContextVision AB  (OSL:CONTX) 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.


ContextVision AB Cyclically Adjusted PB Ratio Related Terms

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


ContextVision AB (OSL:CONTX) Business Description

Traded in Other Exchanges
Address
Klara Norra Kyrkogata 31, Stockholm, SWE, SE-111 22
ContextVision AB is a Sweden-based medical technology company. It develops and sells image enhancement software for medical diagnosis and artificial intelligence. Its product portfolio includes image enhancement software for 2D/3D/4D (dimensional) ultrasound, magnetic resonance imaging (MRI), X-Ray, radiography, and mammography. its geographical segments are Asia, Europe, and America.

ContextVision AB (OSL:CONTX) Headlines

No Headlines