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Chemical Works of Gedeon Richter (Chemical Works of Gedeon Richter) Cyclically Adjusted PB Ratio : 1.60 (As of May. 17, 2024)


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What is Chemical Works of Gedeon Richter Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Chemical Works of Gedeon Richter's current share price is $24.8501. Chemical Works of Gedeon Richter's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $15.54. Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio for today is 1.60.

The historical rank and industry rank for Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio or its related term are showing as below:

GEDSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 1.73   Max: 2.4
Current: 1.68

During the past years, Chemical Works of Gedeon Richter's highest Cyclically Adjusted PB Ratio was 2.40. The lowest was 1.32. And the median was 1.73.

GEDSF's Cyclically Adjusted PB Ratio is ranked better than
54.69% of 671 companies
in the Drug Manufacturers industry
Industry Median: 1.88 vs GEDSF: 1.68

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.

Chemical Works of Gedeon Richter's adjusted book value per share data for the three months ended in Dec. 2023 was $17.299. 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 $15.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chemical Works of Gedeon Richter Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chemical Works of Gedeon Richter'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.

Chemical Works of Gedeon Richter Cyclically Adjusted PB Ratio Chart

Chemical Works of Gedeon Richter Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 2.03 2.13 1.57 1.53

Chemical Works of Gedeon Richter Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.57 1.32 1.50 1.56 1.53

Competitive Comparison of Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Chemical Works of Gedeon Richter'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.


Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio falls into.



Chemical Works of Gedeon Richter 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.

Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.8501/15.54
=1.60

* 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.

Chemical Works of Gedeon Richter's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Chemical Works of Gedeon Richter'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)
=17.299/160.3997*160.3997
=17.299

Current CPI (Dec. 2023) = 160.3997.

Chemical Works of Gedeon Richter Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.423 100.370 13.461
201406 8.543 100.370 13.652
201409 8.626 100.074 13.826
201412 8.422 98.816 13.671
201503 8.835 99.704 14.213
201506 9.211 100.962 14.634
201509 9.149 99.704 14.719
201512 9.270 99.704 14.913
201603 9.491 99.482 15.303
201606 9.626 100.814 15.315
201609 9.794 100.370 15.652
201612 10.185 101.406 16.110
201703 10.526 102.147 16.529
201706 10.217 102.724 15.953
201709 10.446 102.902 16.283
201712 9.895 103.627 15.316
201803 10.117 104.219 15.571
201806 10.403 105.922 15.754
201809 10.456 106.588 15.735
201812 10.225 106.440 15.409
201903 10.646 108.068 15.801
201906 10.655 109.475 15.611
201909 11.127 109.623 16.281
201912 10.810 110.659 15.669
202003 11.254 112.287 16.076
202006 11.706 112.583 16.678
202009 11.866 113.398 16.784
202012 12.147 113.694 17.137
202103 12.579 116.358 17.340
202106 12.344 118.579 16.698
202109 13.014 119.541 17.462
202112 13.765 122.058 18.089
202203 14.214 126.351 18.044
202206 15.169 132.420 18.374
202209 16.486 143.597 18.415
202212 15.990 152.036 16.870
202303 16.367 158.105 16.605
202306 15.622 158.993 15.760
202309 16.575 161.140 16.499
202312 17.299 160.400 17.299

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.


Chemical Works of Gedeon Richter  (GREY:GEDSF) 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.


Chemical Works of Gedeon Richter Cyclically Adjusted PB Ratio Related Terms

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Chemical Works of Gedeon Richter (Chemical Works of Gedeon Richter) Business Description

Traded in Other Exchanges
Address
Gyomroi ut 19-21, Budapest, HUN, 1103
Chemical Works of Gedeon Richter PLC is a pharmaceutical company. The company focuses on the development and manufacture of gynaecological, cardiovascular and central nervous system products. It manufactures medicines including original, generic and licenced products for treatment in the therapeutic area. The group is active in two business segments namely, the Pharmaceuticals segment comprising the research and development, manufacturing, sales and marketing of pharmaceutical products, and Wholesale and Retail segment for the products of the company. The company operates internationally and the majority of its revenue is generated from the Pharmaceuticals segment.

Chemical Works of Gedeon Richter (Chemical Works of Gedeon Richter) Headlines

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