GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Streamline Health Solutions Inc (NAS:STRM) » Definitions » Cyclically Adjusted PB Ratio

Streamline Health Solutions (Streamline Health Solutions) Cyclically Adjusted PB Ratio : 0.39 (As of May. 15, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Streamline Health Solutions Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Streamline Health Solutions's current share price is $0.31. Streamline Health Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $0.80. Streamline Health Solutions's Cyclically Adjusted PB Ratio for today is 0.39.

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

STRM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.71   Max: 9.82
Current: 0.4

During the past years, Streamline Health Solutions's highest Cyclically Adjusted PB Ratio was 9.82. The lowest was 0.33. And the median was 1.71.

STRM's Cyclically Adjusted PB Ratio is ranked better than
88.71% of 310 companies
in the Healthcare Providers & Services industry
Industry Median: 2.02 vs STRM: 0.40

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.

Streamline Health Solutions's adjusted book value per share data for the three months ended in Jan. 2024 was $0.319. 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 $0.80 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Streamline Health Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Streamline Health Solutions'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.

Streamline Health Solutions Cyclically Adjusted PB Ratio Chart

Streamline Health Solutions Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 2.25 1.58 2.54 0.49

Streamline Health Solutions Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.54 2.07 1.59 0.51 0.49

Competitive Comparison of Streamline Health Solutions's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, Streamline Health Solutions'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.


Streamline Health Solutions's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Streamline Health Solutions's Cyclically Adjusted PB Ratio falls into.



Streamline Health Solutions 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.

Streamline Health Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.31/0.8
=0.39

* 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.

Streamline Health Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Streamline Health Solutions's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.319/129.4194*129.4194
=0.319

Current CPI (Jan. 2024) = 129.4194.

Streamline Health Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201404 1.486 100.023 1.923
201407 1.373 100.520 1.768
201410 1.266 100.176 1.636
201501 1.024 98.604 1.344
201504 0.947 99.824 1.228
201507 0.929 100.691 1.194
201510 0.919 100.346 1.185
201601 0.853 99.957 1.104
201604 0.756 100.947 0.969
201607 0.711 101.524 0.906
201610 0.630 101.988 0.799
201701 0.601 102.456 0.759
201704 0.510 103.167 0.640
201707 0.462 103.278 0.579
201710 0.477 104.070 0.593
201801 0.492 104.578 0.609
201804 0.552 105.708 0.676
201807 0.484 106.324 0.589
201810 0.455 106.695 0.552
201901 0.299 106.200 0.364
201904 0.325 107.818 0.390
201907 0.304 108.250 0.363
201910 0.594 108.577 0.708
202001 0.524 108.841 0.623
202004 0.644 108.173 0.770
202007 0.604 109.318 0.715
202010 0.582 109.861 0.686
202101 0.553 110.364 0.648
202104 0.722 112.673 0.829
202107 0.730 115.183 0.820
202110 0.705 116.696 0.782
202201 0.712 118.619 0.777
202204 0.654 121.978 0.694
202207 0.584 125.002 0.605
202210 0.620 125.734 0.638
202301 0.617 126.223 0.633
202304 0.564 127.992 0.570
202307 0.528 128.974 0.530
202310 0.336 129.810 0.335
202401 0.319 129.419 0.319

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.


Streamline Health Solutions  (NAS:STRM) 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.


Streamline Health Solutions Cyclically Adjusted PB Ratio Related Terms

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


Streamline Health Solutions (Streamline Health Solutions) Business Description

Traded in Other Exchanges
Address
2400 Old Milton Parkway, Box 1353, Alpharetta, GA, USA, 30009
Streamline Health Solutions Inc provides transformational data-driven solutions for healthcare organizations. It provides computer software-based solutions through its looking glass platform. Its solutions include coding and CDI, coding audit, and financial management solutions. It offers various services, such as custom integration services, training services, electronic image conversion and database monitoring services. It sells its solutions and services in North America to hospitals and health systems, including physician practices, through its direct sales force and its reseller partnerships.
Executives
Reeves Bryant J Iii officer: Interim CFO 2400 OLD MILTON PARKWAY, BOX 1353, ALPHARETTA GA 30009
Benjamin Louis Stilwill officer: President 4512 BAKER STREET, PHILADELPHIA PA 19127
Kenan Lucas director C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Wendy L Lucio officer: Chief People Officer 101 ABBY LANE, CARROLLTON GA 30117
Tamarack Global Healthcare Fund Qp, L.p. other: Member of a group 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
David Driscoll officer: SVP & Chief Revenue Officer 1175 PEACHTREE STREET NE, 10TH FLOOR, ATLANTA GA 30361
Raymond J Harbert 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Tamarack Capital Gp, Llc 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Tamarack Advisers, Lp 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Tamarack Capital Management, Llc 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Tamarack Global Healthcare Fund, L.p. 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Justin John Ferayorni 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Judith Starkey director 1327 PEACHTREE STREET, UNIT 803, ATLANTA GA 30309
Jonathan R Phillips director 792 CHATHAM AVENUE, ELMHURST IL 60126
Green Wyche T Iii director P.O. BOX 1510, FRANKLIN GA 30217