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Omeros (FRA:3O8) Cyclically Adjusted Book per Share : €-1.25 (As of Dec. 2023)


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What is Omeros 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.

Omeros's adjusted book value per share for the three months ended in Dec. 2023 was €-0.375. 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 €-1.25 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -24.00% 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 Omeros was 15.50% per year. The lowest was -35.50% per year. And the median was -23.35% per year.

As of today (2024-05-15), Omeros's current stock price is €3.796. Omeros's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €-1.25. Omeros's Cyclically Adjusted PB Ratio of today is .


Omeros Cyclically Adjusted Book per Share Historical Data

The historical data trend for Omeros'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.

Omeros Cyclically Adjusted Book per Share Chart

Omeros 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 -0.51 -0.76 -1.21 -1.20 -1.25

Omeros Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.20 -1.18 -1.21 -1.22 -1.25

Competitive Comparison of Omeros's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, Omeros'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.


Omeros's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Omeros's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Omeros 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, Omeros's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.375/129.4194*129.4194
=-0.375

Current CPI (Dec. 2023) = 129.4194.

Omeros Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.111 99.695 0.144
201406 -0.230 100.560 -0.296
201409 -0.606 100.428 -0.781
201412 -1.012 99.070 -1.322
201503 0.534 99.621 0.694
201506 0.187 100.684 0.240
201509 -0.211 100.392 -0.272
201512 -0.633 99.792 -0.821
201603 -0.935 100.470 -1.204
201606 -1.110 101.688 -1.413
201609 -0.473 101.861 -0.601
201612 -0.810 101.863 -1.029
201703 -1.024 102.862 -1.288
201706 -1.098 103.349 -1.375
201709 0.161 104.136 0.200
201712 -0.049 104.011 -0.061
201803 -0.491 105.290 -0.604
201806 -0.994 106.317 -1.210
201809 -1.556 106.507 -1.891
201812 -1.796 105.998 -2.193
201903 -2.185 107.251 -2.637
201906 -2.344 108.070 -2.807
201909 -2.565 108.329 -3.064
201912 -1.810 108.420 -2.161
202003 -2.189 108.902 -2.601
202006 -2.627 108.767 -3.126
202009 -1.203 109.815 -1.418
202012 -1.609 109.897 -1.895
202103 -2.995 111.754 -3.468
202106 -3.271 114.631 -3.693
202109 -3.570 115.734 -3.992
202112 0.336 117.630 0.370
202203 -0.071 121.301 -0.076
202206 -0.493 125.017 -0.510
202209 -0.746 125.227 -0.771
202212 1.287 125.222 1.330
202303 0.817 127.348 0.830
202306 0.301 128.729 0.303
202309 -0.208 129.860 -0.207
202312 -0.375 129.419 -0.375

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


Omeros  (FRA:3O8) 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.


Be Aware

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


Omeros Cyclically Adjusted Book per Share Related Terms

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


Omeros (FRA:3O8) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Omeros Corp (FRA:3O8) » Definitions » Cyclically Adjusted Book per Share
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Address
201 Elliott Avenue West, Seattle, WA, USA, 98119
Omeros Corp is a United States-based clinical-stage biopharmaceutical company engaged in discovering, developing and commercializing small-molecule and protein therapeutics for large-market as well as orphan indications targeting immunologic disorders including complement-mediated diseases, cancers, and addictive and compulsive disorders. The lead drug candidate in pipeline of complement-targeted therapeutics is narsoplimab (OMS721), a proprietary, patented human monoclonal antibody targeting mannan-binding lectin-associated serine protease 2, the key activator of the lectin pathway of complement. Clinical development of narsoplimab is currently focused on hematopoietic stem cell transplant-associated thrombotic microangiopathy and immunoglobulin nephropathy.

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