GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » ISEC Healthcare Ltd (SGX:40T) » Definitions » Cyclically Adjusted PB Ratio

ISEC Healthcare (SGX:40T) Cyclically Adjusted PB Ratio : 2.67 (As of Jun. 09, 2024)


View and export this data going back to 2014. Start your Free Trial

What is ISEC Healthcare Cyclically Adjusted PB Ratio?

As of today (2024-06-09), ISEC Healthcare's current share price is S$0.40. ISEC Healthcare's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was S$0.15. ISEC Healthcare's Cyclically Adjusted PB Ratio for today is 2.67.

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

SGX:40T' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.53   Med: 3.07   Max: 3.36
Current: 2.61

During the past years, ISEC Healthcare's highest Cyclically Adjusted PB Ratio was 3.36. The lowest was 2.53. And the median was 3.07.

SGX:40T's Cyclically Adjusted PB Ratio is ranked worse than
59.88% of 329 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs SGX:40T: 2.61

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.

ISEC Healthcare's adjusted book value per share data for the three months ended in Mar. 2024 was S$0.145. 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 S$0.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ISEC Healthcare Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ISEC 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.

ISEC Healthcare Cyclically Adjusted PB Ratio Chart

ISEC Healthcare 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 - - - - 3.26

ISEC Healthcare Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 - 3.10 3.04 3.26 2.54

Competitive Comparison of ISEC Healthcare's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, ISEC 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.


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

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

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



ISEC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.40/0.15
=2.67

* 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.

ISEC Healthcare's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ISEC Healthcare'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)
=0.145/131.7762*131.7762
=0.145

Current CPI (Mar. 2024) = 131.7762.

ISEC Healthcare Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.068 100.428 0.089
201412 0.096 99.070 0.128
201503 0.097 99.621 0.128
201506 0.098 100.684 0.128
201509 0.096 100.392 0.126
201512 0.106 99.792 0.140
201603 0.111 100.470 0.146
201606 0.112 101.688 0.145
201609 0.112 101.861 0.145
201612 0.118 101.863 0.153
201703 0.120 102.862 0.154
201706 0.123 103.349 0.157
201709 0.123 104.136 0.156
201712 0.128 104.011 0.162
201803 0.133 105.290 0.166
201806 0.130 106.317 0.161
201809 0.125 106.507 0.155
201812 0.129 105.998 0.160
201903 0.133 107.251 0.163
201906 0.114 108.070 0.139
201909 0.115 108.329 0.140
201912 0.119 108.420 0.145
202003 0.128 108.902 0.155
202006 0.121 108.767 0.147
202009 0.127 109.815 0.152
202012 0.129 109.897 0.155
202103 0.131 111.754 0.154
202106 0.126 114.631 0.145
202109 0.128 115.734 0.146
202112 0.125 117.630 0.140
202203 0.129 121.301 0.140
202206 0.135 125.017 0.142
202209 0.140 125.227 0.147
202212 0.140 125.222 0.147
202303 0.145 127.348 0.150
202306 0.137 128.729 0.140
202309 0.136 129.860 0.138
202312 0.140 129.419 0.143
202403 0.145 131.776 0.145

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.


ISEC Healthcare  (SGX:40T) 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.


ISEC Healthcare Cyclically Adjusted PB Ratio Related Terms

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


ISEC Healthcare (SGX:40T) Business Description

Traded in Other Exchanges
N/A
Address
51 Goldhill Plaza, No. 10-07/08, Singapore, SGP, 308900
ISEC Healthcare Ltd is a Singapore based company engaged in providing medical eye care services through its subsidiaries. It also provides ambulatory surgical centers. In addition, the group is also focused on offering general medical services and aesthetic treatment services. The company has two reportable segments, namely Specialized health services, which include the provision of medical care, consultancy, treatment and surgery in the field of ophthalmology; and General health services which includes the provision of general medical and procedural treatment services It generates maximum revenue from the specialized health services segment. The firm operates in Singapore and Malaysia, of which key revenue is derived from Malaysia.

ISEC Healthcare (SGX:40T) Headlines

No Headlines