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Curative Biosciences (Curative Biosciences) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is Curative Biosciences Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Curative Biosciences Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Curative Biosciences'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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Curative Biosciences Cyclically Adjusted PB Ratio Chart

Curative Biosciences Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Cyclically Adjusted PB Ratio
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Curative Biosciences Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Curative Biosciences's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Curative Biosciences'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.


Curative Biosciences's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Curative Biosciences's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Curative Biosciences 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.

Curative Biosciences's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2018 is calculated as:

For example, Curative Biosciences's adjusted Book Value per Share data for the three months ended in Mar. 2018 was:

Adj_Book=Book Value per Share/CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=-0.036/105.2895*105.2895
=-0.036

Current CPI (Mar. 2018) = 105.2895.

Curative Biosciences Quarterly Data

Book Value per Share CPI Adj_Book
200806 -1.571 92.320 -1.792
200809 -3.571 92.307 -4.073
200812 0.286 88.697 0.340
200903 -1.000 89.744 -1.173
200906 -2.857 91.003 -3.306
200909 -3.200 91.120 -3.698
200912 -6.000 91.111 -6.934
201003 -4.500 91.821 -5.160
201006 14.000 91.962 16.029
201009 -7.333 92.162 -8.378
201012 21.652 92.474 24.653
201103 25.237 94.283 28.183
201106 -10.210 95.235 -11.288
201109 15.980 95.727 17.576
201112 7.919 95.213 8.757
201203 -6.958 96.783 -7.570
201206 -84.585 96.819 -91.985
201209 -86.717 97.633 -93.517
201212 -68.388 96.871 -74.331
201303 -2.923 98.209 -3.134
201306 -3.161 98.518 -3.378
201309 -1.003 98.790 -1.069
201312 -0.001 98.326 -0.001
201403 -0.012 99.695 -0.013
201406 -0.067 100.560 -0.070
201409 -0.078 100.428 -0.082
201412 -0.085 99.070 -0.090
201503 -0.050 99.621 -0.053
201506 -0.062 100.684 -0.065
201509 -0.059 100.392 -0.062
201512 -0.036 99.792 -0.038
201603 -0.037 100.470 -0.039
201606 -0.040 101.688 -0.041
201609 -0.039 101.861 -0.040
201612 -0.039 101.863 -0.040
201703 -0.039 102.862 -0.040
201706 -0.040 103.349 -0.041
201709 -0.041 104.136 -0.041
201712 -0.043 104.011 -0.044
201803 -0.036 105.290 -0.036

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.


Curative Biosciences  (OTCPK:CBDX) 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.


Curative Biosciences Cyclically Adjusted PB Ratio Related Terms

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Curative Biosciences (Curative Biosciences) Business Description

Traded in Other Exchanges
N/A
Address
2 South Biscayne Boulevard, Suite 3760, Miami, FL, USA, 33131
Curative Biosciences Inc is a life sciences company focused on developing and commercializing novel therapeutics using hemp-derived CBD. Its products comprise of CBD softgels, Hemp oil, and Topicals.

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