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Maternus-Kliniken AG (XTER:MAK) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Maternus-Kliniken AG Cyclically Adjusted PB Ratio?

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Maternus-Kliniken AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maternus-Kliniken AG'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.

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Maternus-Kliniken AG Cyclically Adjusted PB Ratio Chart

Maternus-Kliniken AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Maternus-Kliniken AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Maternus-Kliniken AG's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Maternus-Kliniken AG'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.


Maternus-Kliniken AG's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Maternus-Kliniken AG's Cyclically Adjusted PB Ratio falls into.



Maternus-Kliniken AG 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.

Maternus-Kliniken AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Maternus-Kliniken AG's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-1.874/119.3449*119.3449
=-1.874

Current CPI (Dec22) = 119.3449.

Maternus-Kliniken AG Annual Data

Book Value per Share CPI Adj_Book
201312 -1.538 99.356 -1.847
201412 -0.276 99.543 -0.331
201512 -0.163 99.717 -0.195
201612 -0.112 101.217 -0.132
201712 -0.182 102.617 -0.212
201812 -0.259 104.217 -0.297
201912 -0.755 105.818 -0.852
202012 -1.089 105.518 -1.232
202112 -1.209 110.384 -1.307
202212 -1.874 119.345 -1.874

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.


Maternus-Kliniken AG  (XTER:MAK) 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.


Maternus-Kliniken AG Cyclically Adjusted PB Ratio Related Terms

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Maternus-Kliniken AG (XTER:MAK) Business Description

Traded in Other Exchanges
Address
Strasse 53 - 55, Berlin, DEU, 10117
Maternus -Kliniken AG operates as a German Health Care company focussed on senior housing, care facilities and rehabilitaion clincs. The company has became part of the CURA entrepreneurial group in 2007.

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