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Ryman Healthcare (Ryman Healthcare) Cyclically Adjusted PB Ratio : 0.74 (As of Jun. 06, 2024)


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What is Ryman Healthcare Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Ryman Healthcare's current share price is $11.38. Ryman Healthcare's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was $15.45. Ryman Healthcare's Cyclically Adjusted PB Ratio for today is 0.74.

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

RYHTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 5.5   Max: 10.25
Current: 0.71

During the past 13 years, Ryman Healthcare's highest Cyclically Adjusted PB Ratio was 10.25. The lowest was 0.71. And the median was 5.50.

RYHTY's Cyclically Adjusted PB Ratio is ranked better than
78.66% of 328 companies
in the Healthcare Providers & Services industry
Industry Median: 1.95 vs RYHTY: 0.71

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.

Ryman Healthcare's adjusted book value per share data of for the fiscal year that ended in Mar24 was $19.539. 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 $15.45 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryman Healthcare Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ryman Healthcare'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.

Ryman Healthcare Cyclically Adjusted PB Ratio Chart

Ryman Healthcare Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.66 4.65 2.31 1.15 0.88

Ryman Healthcare Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 2.31 - 1.15 - 0.88

Competitive Comparison of Ryman Healthcare's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Ryman Healthcare'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.


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

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

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



Ryman Healthcare 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.

Ryman Healthcare's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.38/15.45
=0.74

* 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.

Ryman Healthcare's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Ryman Healthcare's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=19.539/129.5261*129.5261
=19.539

Current CPI (Mar24) = 129.5261.

Ryman Healthcare Annual Data

Book Value per Share CPI Adj_Book
201503 7.747 99.646 10.070
201603 8.472 100.063 10.967
201703 10.913 102.231 13.827
201803 13.274 103.355 16.635
201903 13.982 104.889 17.266
202003 13.137 107.547 15.822
202103 19.035 109.182 22.582
202203 22.234 116.747 24.668
202303 21.127 124.517 21.977
202403 19.539 129.526 19.539

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.


Ryman Healthcare  (OTCPK:RYHTY) 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.


Ryman Healthcare Cyclically Adjusted PB Ratio Related Terms

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


Ryman Healthcare (Ryman Healthcare) Business Description

Traded in Other Exchanges
Address
92 Russley Road, P.O. Box 771, Airport Business Park, Christchurch, STL, NZL, 8042
Ryman Healthcare develops, owns, and operates retirement villages and aged-care facilities in New Zealand and Australia. Most of its villages offer a combination of independent and serviced units, alongside hospital, dementia, and rest-home care. Income is predominantly earned from aged care fees, retirement unit management fees, development margins on new units, and capital gains generated when residents vacate and Ryman resells existing units.

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