STJ has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
STJ has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
The historical data trend for St Jude Medical'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.
St Jude Medical Quarterly Data | ||||||||||||||||||||
Dec11 | Mar12 | Jun12 | Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | |
Cyclically Adjusted PB Ratio | Get a 7-Day Free Trial | - | - | - | - | - |
For the Medical Devices subindustry, St Jude Medical'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.
For the Medical Devices & Instruments industry and Healthcare sector, St Jude Medical's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where St Jude Medical's Cyclically Adjusted PB Ratio falls into.
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.
St Jude Medical's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2016 is calculated as:
For example, St Jude Medical's adjusted Book Value per Share data for the three months ended in Sep. 2016 was:
Adj_Book | = | Book Value per Share | / | CPI of Sep. 2016 (Change) | * | Current CPI (Sep. 2016) |
= | 15.707 | / | 101.8610 | * | 101.8610 | |
= | 15.707 |
Current CPI (Sep. 2016) = 101.8610.
St Jude Medical Quarterly Data
Book Value per Share | CPI | Adj_Book | |
200612 | 8.389 | 85.142 | 10.036 |
200703 | 7.470 | 86.640 | 8.782 |
200706 | 7.204 | 87.906 | 8.348 |
200709 | 8.070 | 87.964 | 9.345 |
200712 | 8.540 | 88.616 | 9.816 |
200803 | 9.357 | 90.090 | 10.580 |
200806 | 9.358 | 92.320 | 10.325 |
200809 | 10.071 | 92.307 | 11.113 |
200812 | 9.348 | 88.697 | 10.735 |
200903 | 9.912 | 89.744 | 11.250 |
200906 | 10.869 | 91.003 | 12.166 |
200909 | 10.659 | 91.120 | 11.916 |
200912 | 10.241 | 91.111 | 11.449 |
201003 | 10.959 | 91.821 | 12.157 |
201006 | 11.655 | 91.962 | 12.910 |
201009 | 12.746 | 92.162 | 14.087 |
201012 | 13.287 | 92.474 | 14.636 |
201103 | 13.869 | 94.283 | 14.984 |
201106 | 14.688 | 95.235 | 15.710 |
201109 | 13.910 | 95.727 | 14.801 |
201112 | 14.001 | 95.213 | 14.979 |
201203 | 14.076 | 96.783 | 14.815 |
201206 | 14.426 | 96.819 | 15.177 |
201209 | 15.043 | 97.633 | 15.694 |
201212 | 13.848 | 96.871 | 14.561 |
201303 | 13.219 | 98.209 | 13.711 |
201306 | 13.485 | 98.518 | 13.943 |
201309 | 14.746 | 98.790 | 15.204 |
201312 | 14.634 | 98.326 | 15.160 |
201403 | 14.310 | 99.695 | 14.621 |
201406 | 13.983 | 100.560 | 14.164 |
201409 | 14.341 | 100.428 | 14.546 |
201412 | 14.648 | 99.070 | 15.061 |
201503 | 13.715 | 99.621 | 14.023 |
201506 | 13.645 | 100.684 | 13.805 |
201509 | 14.151 | 100.392 | 14.358 |
201512 | 14.260 | 99.792 | 14.556 |
201603 | 14.440 | 100.470 | 14.640 |
201606 | 15.042 | 101.688 | 15.068 |
201609 | 15.707 | 101.861 | 15.707 |
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.
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.
Thank you for viewing the detailed overview of St Jude Medical's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Jeff Fecho | officer: VP, Global Quality | ONE ST. JUDE MEDICAL DRIVE ST. PAUL MN 55117 |
Philip Ebeling | officer: VP, Chief Technology Officer | INSPIRE MEDICAL SYSTEMS, INC., 5500 WAYZATA BLVD., SUITE 1600, GOLDEN VALLEY MN 55416 |
Donald Zurbay | officer: VP Finance and CFO | C/O ST. JUDE MEDICAL, INC., ONE ST JUDE MEDICAL DRIVE, ST. PAUL MN 55117 |
Michael A Rocca | director | C/O LIGAND PHARMACEUTICALS INCORPORATED, 10275 SCIENCE CENTER DRIVE, SAN DIEGO CA 92121 |
Barbara B Hill | director | |
Wendy L Yarno | director | |
Stuart Essig | director | 311 C ENTERPRISE DRIVE, PLAINSBORO NJ 08536 |
John C Heinmiller | officer: Executive Vice President | ONE ST JUDE MEDICAL DRIVE, ST. PAUL MN 55117 |
John W Brown | director | STRYKER CORP, 2725 FAIRFIELD ROAD, KALAMAZOO MI 49002 |
David C Dvorak | director | C/O ZIMMER INC, PO BOX 708, WARSAW IN 46580 |
Michael T Rousseau | director, officer: Director, President and CEO | ONE ST JUDE MEDICAL DRIVE, ST. PAUL MN 55117 |
Eric S Fain | officer: Group President | ONE ST JUDE MEDICAL DRIVE, ST. PAUL MN MN |
Daniel J Starks | director | ONE ST JUDE MEDICAL DRIVE, ST PAUL MN 55117 |
Joel Becker | officer: President, Americas | ONE ST. JUDE MEDICAL DRIVE, ST. PAUL MN 55418 |
Rohan Hoare | officer: President - NMD | 100 CYBERONICS BLVD, HOUSTON TX 77058 |
From GuruFocus
By GuruFocus Research GuruFocus Editor • 05-14-2010
By GuruFocus Research GuruFocus Editor • 09-14-2009
By gurufocus • 08-03-2009
By Holly LaFon Holly LaFon • 10-31-2016
By Tiziano Frateschi Tiziano Frateschi • 11-14-2016
By GuruFocus Research GuruFocus Editor • 10-30-2009
By Holly LaFon Holly LaFon • 02-25-2013
By GuruFocus Research GuruFocus Editor • 11-09-2009
By Sydnee Gatewood Sydnee Gatewood • 08-15-2016
By GuruFocus Research GuruFocus Editor • 11-06-2009