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Cambridge Cognition Holdings (LSE:COG) Cyclically Adjusted PB Ratio : 7.00 (As of Jun. 08, 2024)


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What is Cambridge Cognition Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Cambridge Cognition Holdings's current share price is £0.42. Cambridge Cognition Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was £0.06. Cambridge Cognition Holdings's Cyclically Adjusted PB Ratio for today is 7.00.

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

LSE:COG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.75   Med: 14.61   Max: 36.19
Current: 6.81

During the past 13 years, Cambridge Cognition Holdings's highest Cyclically Adjusted PB Ratio was 36.19. The lowest was 4.75. And the median was 14.61.

LSE:COG's Cyclically Adjusted PB Ratio is ranked worse than
86.63% of 329 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs LSE:COG: 6.81

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.

Cambridge Cognition Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was £0.037. 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 £0.06 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cambridge Cognition Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cambridge Cognition Holdings'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.

Cambridge Cognition Holdings Cyclically Adjusted PB Ratio Chart

Cambridge Cognition Holdings 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 6.26 14.26 23.46 15.81 8.35

Cambridge Cognition Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 23.46 - 15.81 - 8.35

Competitive Comparison of Cambridge Cognition Holdings's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, Cambridge Cognition Holdings'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.


Cambridge Cognition Holdings's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Cambridge Cognition Holdings's Cyclically Adjusted PB Ratio falls into.



Cambridge Cognition Holdings 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.

Cambridge Cognition Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.42/0.06
=7.00

* 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.

Cambridge Cognition Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Cambridge Cognition Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.037/130.5000*130.5000
=0.037

Current CPI (Dec23) = 130.5000.

Cambridge Cognition Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 0.121 99.900 0.158
201512 0.083 100.400 0.108
201612 0.142 102.200 0.181
201712 0.146 105.000 0.181
201812 -0.025 107.100 -0.030
201912 -0.039 108.500 -0.047
202012 0.002 109.400 0.002
202112 0.020 114.700 0.023
202212 0.003 125.300 0.003
202312 0.037 130.500 0.037

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.


Cambridge Cognition Holdings  (LSE:COG) 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.


Cambridge Cognition Holdings Cyclically Adjusted PB Ratio Related Terms

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Cambridge Cognition Holdings (LSE:COG) Business Description

Traded in Other Exchanges
Address
Tunbridge Court, Tunbridge Lane, Bottisham, Cambridge, GBR, CB25 9TU
Cambridge Cognition Holdings PLC is a neuroscience digital health company specializing in the precise measurement of clinical outcomes in neurological disorders. The company product segments include Software, Services, and Hardware. It generates maximum revenue from the Software segment. Geographically, it derives majority of its revenue from the United States of America and also has a presence in the United Kingdom, European Union, and Rest of world. The company services include Neuroscience consultancy, Technical consultancy, Study design, Data analysis, Study management, Data management, and Reports and interpretation.

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