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Ma Kuang Healthcare Holdings (ROCO:4139) Cyclically Adjusted Book per Share : NT$13.33 (As of Sep. 2024)


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What is Ma Kuang Healthcare Holdings Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Ma Kuang Healthcare Holdings's adjusted book value per share for the three months ended in Sep. 2024 was NT$10.076. 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 NT$13.33 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Ma Kuang Healthcare Holdings's average Cyclically Adjusted Book Growth Rate was -4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ma Kuang Healthcare Holdings was 5.00% per year. The lowest was 3.50% per year. And the median was 4.25% per year.

As of today (2024-11-30), Ma Kuang Healthcare Holdings's current stock price is NT$29.75. Ma Kuang Healthcare Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was NT$13.33. Ma Kuang Healthcare Holdings's Cyclically Adjusted PB Ratio of today is 2.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ma Kuang Healthcare Holdings was 5.26. The lowest was 2.12. And the median was 3.28.


Ma Kuang Healthcare Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ma Kuang Healthcare Holdings's Cyclically Adjusted Book per Share 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.

Ma Kuang Healthcare Holdings Cyclically Adjusted Book per Share Chart

Ma Kuang Healthcare Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.95 12.30 13.50 13.82 13.64

Ma Kuang Healthcare Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Book per Share 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 13.90 13.64 13.63 13.48 13.33

Competitive Comparison of Ma Kuang Healthcare Holdings's Cyclically Adjusted Book per Share

For the Medical Care Facilities subindustry, Ma Kuang Healthcare Holdings'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.


Ma Kuang Healthcare Holdings's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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



Ma Kuang Healthcare Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Ma Kuang Healthcare Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=10.076/133.0289*133.0289
=10.076

Current CPI (Sep. 2024) = 133.0289.

Ma Kuang Healthcare Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201412 13.475 99.070 18.094
201503 12.795 99.621 17.086
201506 12.535 100.684 16.562
201509 12.327 100.392 16.335
201512 11.866 99.792 15.818
201603 11.235 100.470 14.876
201606 10.741 101.688 14.051
201609 10.231 101.861 13.362
201612 9.718 101.863 12.691
201703 9.499 102.862 12.285
201706 9.819 103.349 12.639
201709 10.118 104.136 12.925
201712 10.726 104.011 13.718
201803 10.697 105.290 13.515
201806 10.485 106.317 13.119
201809 10.798 106.507 13.487
201812 11.378 105.998 14.280
201903 10.701 107.251 13.273
201906 10.871 108.070 13.382
201909 10.609 108.329 13.028
201912 12.460 108.420 15.288
202003 12.106 108.902 14.788
202006 11.455 108.767 14.010
202009 12.201 109.815 14.780
202012 13.392 109.897 16.211
202103 13.199 111.754 15.712
202106 13.132 114.631 15.240
202109 9.844 115.734 11.315
202112 10.953 117.630 12.387
202203 11.213 121.301 12.297
202206 10.812 125.017 11.505
202209 10.837 125.227 11.512
202212 10.111 125.222 10.741
202303 0.000 127.348 0.000
202306 10.330 128.729 10.675
202309 10.013 129.860 10.257
202312 9.602 129.419 9.870
202403 9.159 131.776 9.246
202406 9.562 132.554 9.596
202409 10.076 133.029 10.076

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Ma Kuang Healthcare Holdings  (ROCO:4139) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Ma Kuang Healthcare Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.75/13.33
=2.23

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ma Kuang Healthcare Holdings was 5.26. The lowest was 2.12. And the median was 3.28.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Ma Kuang Healthcare Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Ma Kuang Healthcare Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ma Kuang Healthcare Holdings Business Description

Traded in Other Exchanges
N/A
Address
North Church Street, P.O. BOX 61, 3rd Floor Harbour Centre, Grand Cayman, CYM, KY1-1102
Ma Kuang Healthcare Holdings Ltd offers a range of traditional Chinese medicine products and services, including consultation, acupuncture, gynecology and pediatrics, massotherapy, andrology, dermatology and women's healthcare, and body wellness. Its business segments include Singapore Medical; Singapore education; China; and Other. The firm generates a Maximum of its revenue from Singapore.

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