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Diasorin SpA (LTS:0GZX) Cyclically Adjusted Book per Share : €19.40 (As of Mar. 2024)


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What is Diasorin SpA 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.

Diasorin SpA's adjusted book value per share for the three months ended in Mar. 2024 was €30.332. 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 €19.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Diasorin SpA's average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.90% 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 Diasorin SpA was 20.10% per year. The lowest was 11.70% per year. And the median was 16.10% per year.

As of today (2024-06-07), Diasorin SpA's current stock price is €100.55. Diasorin SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €19.40. Diasorin SpA's Cyclically Adjusted PB Ratio of today is 5.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Diasorin SpA was 20.36. The lowest was 4.33. And the median was 10.25.


Diasorin SpA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Diasorin SpA'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.

Diasorin SpA Cyclically Adjusted Book per Share Chart

Diasorin SpA 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 9.69 10.69 12.80 16.74 18.69

Diasorin SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.08 17.48 18.35 18.69 19.40

Competitive Comparison of Diasorin SpA's Cyclically Adjusted Book per Share

For the Diagnostics & Research subindustry, Diasorin SpA'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.


Diasorin SpA's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Diasorin SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Diasorin SpA 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, Diasorin SpA's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=30.332/120.2000*120.2000
=30.332

Current CPI (Mar. 2024) = 120.2000.

Diasorin SpA Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.844 100.093 9.420
201409 8.432 99.814 10.154
201412 8.882 99.721 10.706
201503 9.909 99.814 11.933
201506 9.677 100.279 11.599
201509 10.054 100.000 12.085
201512 10.674 99.814 12.854
201603 10.943 99.600 13.206
201606 10.749 99.900 12.933
201609 0.000 100.100 0.000
201612 12.104 100.300 14.505
201703 12.654 101.000 15.060
201706 12.088 101.100 14.372
201709 12.617 101.200 14.986
201712 13.383 101.200 15.896
201803 13.918 101.800 16.434
201806 11.421 102.400 13.406
201809 12.045 102.600 14.111
201812 12.894 102.300 15.150
201903 13.807 102.800 16.144
201906 13.654 103.100 15.919
201909 14.798 102.900 17.286
201912 15.488 102.800 18.110
202003 16.328 102.900 19.073
202006 16.194 102.900 18.917
202009 16.538 102.300 19.432
202012 17.432 102.600 20.422
202103 19.391 103.700 22.476
202106 20.738 104.200 23.922
202109 22.607 104.900 25.904
202112 24.958 106.600 28.142
202203 27.508 110.400 29.950
202206 28.497 112.500 30.447
202209 30.292 114.200 31.884
202212 28.387 119.000 28.673
202303 28.522 118.800 28.858
202306 28.053 119.700 28.170
202309 29.109 120.300 29.085
202312 28.835 119.700 28.955
202403 30.332 120.200 30.332

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


Diasorin SpA  (LTS:0GZX) 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.

Diasorin SpA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=100.55/19.4
=5.18

* 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 Diasorin SpA was 20.36. The lowest was 4.33. And the median was 10.25.


Be Aware

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


Diasorin SpA Cyclically Adjusted Book per Share Related Terms

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


Diasorin SpA (LTS:0GZX) Business Description

Traded in Other Exchanges
Address
Via Crescentino Snc, Saluggia, Vercelli, ITA, 13040
Diasorin SpA is a biotechnology company engaged in developing, producing, and marketing reagent kits for laboratory diagnostics around the world. The business has focused on the immunodiagnostic market, molecular diagnostics, and Life Science sector. The company has a presence in Italy, Europe, North America, and the Rest of the world, where the majority of its revenue is from North America followed by Italy.

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