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Cowealth Medical Holding Co (ROCO:4745) Cyclically Adjusted PB Ratio : 0.58 (As of Apr. 05, 2025)


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What is Cowealth Medical Holding Co Cyclically Adjusted PB Ratio?

As of today (2025-04-05), Cowealth Medical Holding Co's current share price is NT$19.55. Cowealth Medical Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was NT$33.86. Cowealth Medical Holding Co's Cyclically Adjusted PB Ratio for today is 0.58.

The historical rank and industry rank for Cowealth Medical Holding Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ROCO:4745' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.92   Max: 1.96
Current: 0.58

During the past years, Cowealth Medical Holding Co's highest Cyclically Adjusted PB Ratio was 1.96. The lowest was 0.58. And the median was 0.92.

ROCO:4745's Cyclically Adjusted PB Ratio is ranked better than
82.44% of 467 companies
in the Medical Devices & Instruments industry
Industry Median: 2.04 vs ROCO:4745: 0.58

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.

Cowealth Medical Holding Co's adjusted book value per share data for the three months ended in Dec. 2024 was NT$44.496. 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$33.86 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cowealth Medical Holding Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cowealth Medical Holding Co'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.

Cowealth Medical Holding Co Cyclically Adjusted PB Ratio Chart

Cowealth Medical Holding Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.05 0.85 0.82 0.60

Cowealth Medical Holding Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.82 0.74 0.71 0.70 0.60

Competitive Comparison of Cowealth Medical Holding Co's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Cowealth Medical Holding Co'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.


Cowealth Medical Holding Co's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Cowealth Medical Holding Co's Cyclically Adjusted PB Ratio falls into.


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Cowealth Medical Holding Co 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.

Cowealth Medical Holding Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.55/33.86
=0.58

* 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.

Cowealth Medical Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Cowealth Medical Holding Co's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=44.496/133.1571*133.1571
=44.496

Current CPI (Dec. 2024) = 133.1571.

Cowealth Medical Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201503 21.570 99.621 28.831
201506 19.267 100.684 25.481
201509 19.975 100.392 26.494
201512 22.047 99.792 29.418
201603 21.900 100.470 29.025
201606 20.160 101.688 26.399
201609 19.867 101.861 25.971
201612 19.809 101.863 25.895
201703 19.898 102.862 25.758
201706 19.650 103.349 25.317
201709 20.323 104.136 25.987
201712 20.813 104.011 26.645
201803 21.551 105.290 27.255
201806 23.575 106.317 29.527
201809 23.496 106.507 29.375
201812 23.633 105.998 29.688
201903 24.701 107.251 30.668
201906 32.105 108.070 39.558
201909 31.747 108.329 39.023
201912 31.567 108.420 38.769
202003 31.494 108.902 38.509
202006 31.617 108.767 38.707
202009 32.158 109.815 38.993
202012 32.862 109.897 39.817
202103 32.995 111.754 39.314
202106 33.381 114.631 38.776
202109 32.350 115.734 37.220
202112 33.155 117.630 37.532
202203 37.743 121.301 41.432
202206 36.146 125.017 38.500
202209 36.829 125.227 39.161
202212 36.609 125.222 38.929
202303 37.162 127.348 38.857
202306 34.619 128.729 35.810
202309 35.890 129.860 36.801
202312 35.020 129.419 36.031
202403 36.097 131.776 36.475
202406 35.999 132.554 36.163
202409 37.918 133.029 37.955
202412 44.496 133.157 44.496

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.


Cowealth Medical Holding Co  (ROCO:4745) 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.


Cowealth Medical Holding Co Cyclically Adjusted PB Ratio Related Terms

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


Cowealth Medical Holding Co Business Description

Traded in Other Exchanges
N/A
Address
Cannon Place, North Sound Road, George Town, P.O. Box 712, Suite 102, Grand Cayman, CYM, KY1-9006
Cowealth Medical Holding Co Ltd provides medical equipment. The Company offers radiation oncology products, including CyberKnife robotic radiosurgery system to treat tumors; and Intrabeam miniature radiation source product. It also provides services such as corporate equipment maintenance, training, installation or hospital management consulting and training. The Company operates with two reportable segments: Segment A, which focuses on selling equipment, and Segment B, which sells reagents and other related products.

Cowealth Medical Holding Co Headlines

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