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IHH Healthcare Bhd (IHH Healthcare Bhd) Cyclically Adjusted Book per Share : $0.65 (As of Mar. 2024)


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What is IHH Healthcare Bhd 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.

IHH Healthcare Bhd's adjusted book value per share for the three months ended in Mar. 2024 was $0.717. 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 $0.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, IHH Healthcare Bhd's average Cyclically Adjusted Book Growth Rate was 4.70% 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 (2024-06-11), IHH Healthcare Bhd's current stock price is $1.19. IHH Healthcare Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.65. IHH Healthcare Bhd's Cyclically Adjusted PB Ratio of today is 1.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IHH Healthcare Bhd was 2.52. The lowest was 1.78. And the median was 1.92.


IHH Healthcare Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for IHH Healthcare Bhd'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.

IHH Healthcare Bhd Cyclically Adjusted Book per Share Chart

IHH Healthcare Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.64 0.67 0.64

IHH Healthcare Bhd 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 0.66 0.67 0.68 0.64 0.65

Competitive Comparison of IHH Healthcare Bhd's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, IHH Healthcare Bhd'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.


IHH Healthcare Bhd's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where IHH Healthcare Bhd's Cyclically Adjusted PB Ratio falls into.



IHH Healthcare Bhd 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, IHH Healthcare Bhd'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)
=0.717/131.7762*131.7762
=0.717

Current CPI (Mar. 2024) = 131.7762.

IHH Healthcare Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.700 100.560 0.917
201409 0.705 100.428 0.925
201412 0.684 99.070 0.910
201503 0.660 99.621 0.873
201506 0.673 100.684 0.881
201509 0.630 100.392 0.827
201512 0.630 99.792 0.832
201603 0.643 100.470 0.843
201606 0.647 101.688 0.838
201609 0.651 101.861 0.842
201612 0.599 101.863 0.775
201703 0.615 102.862 0.788
201706 0.630 103.349 0.803
201709 0.705 104.136 0.892
201712 0.716 104.011 0.907
201803 0.731 105.290 0.915
201806 0.708 106.317 0.878
201809 0.689 106.507 0.852
201812 0.661 105.998 0.822
201903 0.674 107.251 0.828
201906 0.668 108.070 0.815
201909 0.666 108.329 0.810
201912 0.673 108.420 0.818
202003 0.627 108.902 0.759
202006 0.630 108.767 0.763
202009 0.642 109.815 0.770
202012 0.672 109.897 0.806
202103 0.663 111.754 0.782
202106 0.671 114.631 0.771
202109 0.676 115.734 0.770
202112 0.664 117.630 0.744
202203 0.663 121.301 0.720
202206 0.716 125.017 0.755
202209 0.653 125.227 0.687
202212 0.675 125.222 0.710
202303 0.708 127.348 0.733
202306 0.675 128.729 0.691
202309 0.677 129.860 0.687
202312 0.709 129.419 0.722
202403 0.717 131.776 0.717

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


IHH Healthcare Bhd  (OTCPK:IHHHF) 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.

IHH Healthcare Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.19/0.65
=1.83

* 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 IHH Healthcare Bhd was 2.52. The lowest was 1.78. And the median was 1.92.


Be Aware

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


IHH Healthcare Bhd Cyclically Adjusted Book per Share Related Terms

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


IHH Healthcare Bhd (IHH Healthcare Bhd) Business Description

Traded in Other Exchanges
Address
8 Jalan Bukit Pantai, Level 11, Block A, Pantai Hospital Kuala Lumpur, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59100
IHH Healthcare Bhd operates a network of healthcare clinics, hospitals, and postoperative rehabilitation centers. It also provides ancillary services, which include diagnostic laboratories, imaging centers, ambulatory care, and medical education facilities. The firm receives a majority proportion of its revenue through its Parkway Pantai segment, which operates hospitals and provides healthcare services in Asia. Two of Parkway Pantai's key markets are Singapore and Malaysia. The second majority proportion of revenue comes from Acibadem Holdings, a hospital operator and service provider in Central and Eastern Europe, the Middle East, and North Africa. The Group's operating segments comprise Singapore, Malaysia, India, Greater China, Turkiye and Europe, IMU Health, and PLife REIT.

IHH Healthcare Bhd (IHH Healthcare Bhd) Headlines

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