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EMC Instytut Medyczny (WAR:EMC) Cyclically Adjusted Book per Share : zł10.97 (As of Dec. 2023)


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What is EMC Instytut Medyczny 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.

EMC Instytut Medyczny's adjusted book value per share for the three months ended in Dec. 2023 was zł4.816. 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 zł10.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, EMC Instytut Medyczny's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.60% 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 EMC Instytut Medyczny was 5.10% per year. The lowest was 1.90% per year. And the median was 5.10% per year.

As of today (2024-06-01), EMC Instytut Medyczny's current stock price is zł10.90. EMC Instytut Medyczny's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was zł10.97. EMC Instytut Medyczny's Cyclically Adjusted PB Ratio of today is 0.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of EMC Instytut Medyczny was 2.11. The lowest was 0.49. And the median was 0.86.


EMC Instytut Medyczny Cyclically Adjusted Book per Share Historical Data

The historical data trend for EMC Instytut Medyczny'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.

EMC Instytut Medyczny Cyclically Adjusted Book per Share Chart

EMC Instytut Medyczny 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 9.57 9.44 10.04 11.10 10.97

EMC Instytut Medyczny Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.10 11.47 11.38 11.14 10.97

Competitive Comparison of EMC Instytut Medyczny's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, EMC Instytut Medyczny'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.


EMC Instytut Medyczny's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where EMC Instytut Medyczny's Cyclically Adjusted PB Ratio falls into.



EMC Instytut Medyczny 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, EMC Instytut Medyczny'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)
=4.816/147.7411*147.7411
=4.816

Current CPI (Dec. 2023) = 147.7411.

EMC Instytut Medyczny Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.229 101.262 16.383
201406 11.236 101.180 16.407
201409 11.055 100.611 16.234
201412 10.767 100.122 15.888
201503 10.739 100.041 15.859
201506 11.134 100.448 16.376
201509 11.090 99.634 16.445
201512 10.912 99.471 16.207
201603 10.805 98.983 16.128
201606 10.567 99.552 15.682
201609 10.375 99.064 15.473
201612 9.222 100.366 13.575
201703 9.953 101.018 14.557
201706 8.949 101.180 13.067
201709 8.724 101.343 12.718
201712 9.270 102.564 13.353
201803 9.007 102.564 12.974
201806 8.636 103.378 12.342
201809 8.380 103.378 11.976
201812 6.775 103.785 9.644
201903 7.709 104.274 10.923
201906 7.527 105.983 10.493
201909 7.357 105.983 10.256
201912 4.926 107.123 6.794
202003 4.697 109.076 6.362
202006 4.730 109.402 6.388
202009 8.130 109.320 10.987
202012 8.051 109.565 10.856
202103 8.010 112.658 10.504
202106 8.022 113.960 10.400
202109 7.995 115.588 10.219
202112 4.477 119.088 5.554
202203 4.282 125.031 5.060
202206 4.315 131.705 4.840
202209 4.333 135.531 4.723
202212 4.356 139.113 4.626
202303 4.395 145.950 4.449
202306 4.596 147.009 4.619
202309 4.703 146.113 4.755
202312 4.816 147.741 4.816

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


EMC Instytut Medyczny  (WAR:EMC) 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.

EMC Instytut Medyczny's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.90/10.97
=0.99

* 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 EMC Instytut Medyczny was 2.11. The lowest was 0.49. And the median was 0.86.


Be Aware

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


EMC Instytut Medyczny Cyclically Adjusted Book per Share Related Terms

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


EMC Instytut Medyczny (WAR:EMC) Business Description

Traded in Other Exchanges
N/A
Address
ul. Pilczycka 144-148, Wroclaw, POL, 54-144
EMC Instytut Medyczny SA owns and operates hospitals and clinics in Poland. It offers specialized advice, full diagnostics, hospital treatment, care for older people in specialized centers or home conditions. It also offers services including private medical care, specialized consultations, primary health care, outpatient rehabilitation, long-term care and 24hours medical europaservice.

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