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Semler Scientific (Semler Scientific) Cyclically Adjusted PB Ratio : 6.86 (As of May. 26, 2024)


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What is Semler Scientific Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Semler Scientific's current share price is $23.32. Semler Scientific's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.40. Semler Scientific's Cyclically Adjusted PB Ratio for today is 6.86.

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

SMLR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.74   Med: 14.16   Max: 36
Current: 6.86

During the past years, Semler Scientific's highest Cyclically Adjusted PB Ratio was 36.00. The lowest was 6.74. And the median was 14.16.

SMLR's Cyclically Adjusted PB Ratio is ranked worse than
84.93% of 471 companies
in the Medical Devices & Instruments industry
Industry Median: 2.13 vs SMLR: 6.86

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.

Semler Scientific's adjusted book value per share data for the three months ended in Mar. 2024 was $11.258. 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 $3.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Semler Scientific Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Semler Scientific'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.

Semler Scientific Cyclically Adjusted PB Ratio Chart

Semler Scientific 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 - - - 16.04 14.23

Semler Scientific 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 11.79 10.57 9.02 14.23 8.59

Competitive Comparison of Semler Scientific's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Semler Scientific'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.


Semler Scientific's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Semler Scientific's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Semler Scientific 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.

Semler Scientific's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.32/3.4
=6.86

* 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.

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

For example, Semler Scientific'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)
=11.258/131.7762*131.7762
=11.258

Current CPI (Mar. 2024) = 131.7762.

Semler Scientific Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.255 100.560 1.645
201409 0.981 100.428 1.287
201412 0.729 99.070 0.970
201503 0.537 99.621 0.710
201506 0.341 100.684 0.446
201509 0.107 100.392 0.140
201512 -0.209 99.792 -0.276
201603 -0.324 100.470 -0.425
201606 -0.494 101.688 -0.640
201609 -0.548 101.861 -0.709
201612 -0.570 101.863 -0.737
201703 -0.609 102.862 -0.780
201706 -0.665 103.349 -0.848
201709 -0.657 104.136 -0.831
201712 -0.439 104.011 -0.556
201803 -0.256 105.290 -0.320
201806 0.036 106.317 0.045
201809 0.375 106.507 0.464
201812 0.663 105.998 0.824
201903 0.973 107.251 1.196
201906 0.963 108.070 1.174
201909 2.160 108.329 2.628
201912 2.002 108.420 2.433
202003 2.430 108.902 2.940
202006 2.593 108.767 3.142
202009 3.333 109.815 4.000
202012 4.446 109.897 5.331
202103 5.248 111.754 6.188
202106 5.895 114.631 6.777
202109 6.514 115.734 7.417
202112 6.739 117.630 7.549
202203 7.277 121.301 7.905
202206 7.565 125.017 7.974
202209 7.855 125.227 8.266
202212 8.320 125.222 8.755
202303 9.126 127.348 9.443
202306 9.728 128.729 9.958
202309 10.521 129.860 10.676
202312 10.428 129.419 10.618
202403 11.258 131.776 11.258

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.


Semler Scientific  (NAS:SMLR) 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.


Semler Scientific Cyclically Adjusted PB Ratio Related Terms

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


Semler Scientific (Semler Scientific) Business Description

Traded in Other Exchanges
Address
2340-2348 Walsh Avenue, Suite 2344, Santa Clara, CA, USA, 95051
Semler Scientific Inc is a US-based company that is engaged in providing technology solutions to improve the clinical effectiveness and efficiency of healthcare providers. It focuses on developing, manufacturing, and marketing proprietary products and services that assist customers, including insurance plans, physicians, and risk assessment groups, in evaluating and treating chronic diseases. The company markets its vascular-testing product under the QuantaFlo brand, which is a four-minute in-office blood flow test.
Executives
Eric Semler director 4625 FIELDSTON ROAD, BRONX NY 10471
Renae Cormier officer: Chief Financial Officer C/O SEMLER SCIENTIFIC, INC., 2340-2348 WALSH AVE, SUITE 2344, SANTA CLARA CA 95051
Douglas Murphy-chutorian director, 10 percent owner, officer: Chief Executive Officer C/O SEMLER SCIENTIFIC, INC., 911 BERN COURT, SUITE 110, SAN JOSE CA 95112
Wayne T Pan director 2330 NW EVERETT STREET, PORTLAND OR 97210
William H.c. Chang & Diana Shon Chang Ttee Chang Family Trust U/a Dtd 10/23/2006 10 percent owner C/O SEMLER SCIENTIFIC, INC., 911 BERN CT., SAN JOSE CA 95112
Chang 2020 Delaware Lp 10 percent owner C/O SEMLER SCIENTIFIC, INC., 2340-2348 WALSH AVENUE, SUITE 2344, SANTA CLARA CA 95051
Arthur N Leibowitz director C/O I-TRAX INC, ONE LOGAN SQUARE STE 2615, PHILADELPHIA PA 19103
Chang 2020 Gp Llc 10 percent owner C/O SEMLER SCIENTIFIC, INC., 2340-2348 WALSH AVENUE, STE. 2344, SANTA CLARA CA 95051
Cindy Moon director C/O SEMLER SCIENTIFIC, INC., 911 BERN COURT, SAN JOSE CA 95112
Daniel S Messina director C/O SEMLER SCIENTIFIC, INC., 911 BERN COURT, STE. 110, SAN JOSE Z4 95112
Daniel E Conger officer: Vice President, Finance C/O SEMLER SCIENTIFIC, INC., 911 BERN COURT, SUITE 110, SAN JOSE CA 95112
William H Chang 10 percent owner C/O SEMLER SCIENTIFIC, INC., 911 BERN COURT, SUITE 110, SAN JOSE CA 95112
Diana Shon Chang 10 percent owner 1301 SHOREWAY RD., SUITE 150, BELMONT CA 94002
Andrew B. Weinstein officer: Senior VP, Finance and Acct. C/O SEMLER SCIENTIFIC, INC., 911 BERN COURT, SUITE 110, SAN JOSE CA 95112
Herbert J Semler director, 10 percent owner C/O SEMLER SCIENTIFIC, INC., 2330 NW EVERETT ST., PORTLAND OR 97210