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Kamada (Kamada) Cyclically Adjusted PB Ratio : 1.46 (As of Apr. 29, 2024)


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What is Kamada Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Kamada's current share price is $5.28. Kamada's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.62. Kamada's Cyclically Adjusted PB Ratio for today is 1.46.

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

KMDA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.59   Max: 2.54
Current: 1.47

During the past years, Kamada's highest Cyclically Adjusted PB Ratio was 2.54. The lowest was 1.13. And the median was 1.59.

KMDA's Cyclically Adjusted PB Ratio is ranked better than
56.99% of 651 companies
in the Drug Manufacturers industry
Industry Median: 1.76 vs KMDA: 1.47

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.

Kamada's adjusted book value per share data for the three months ended in Dec. 2023 was $4.245. 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 $3.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kamada Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kamada'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.

Kamada Cyclically Adjusted PB Ratio Chart

Kamada 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 - 2.22 1.87 1.11 1.69

Kamada 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 1.11 1.33 1.51 1.56 1.69

Competitive Comparison of Kamada's Cyclically Adjusted PB Ratio

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


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

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

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



Kamada 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.

Kamada's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.28/3.62
=1.46

* 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.

Kamada's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kamada'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)
=4.245/129.4194*129.4194
=4.245

Current CPI (Dec. 2023) = 129.4194.

Kamada Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.445 99.695 3.174
201406 2.243 100.560 2.887
201409 2.184 100.428 2.814
201412 2.235 99.070 2.920
201503 2.099 99.621 2.727
201506 2.084 100.684 2.679
201509 1.953 100.392 2.518
201512 1.991 99.792 2.582
201603 1.946 100.470 2.507
201606 1.905 101.688 2.425
201609 1.886 101.861 2.396
201612 1.831 101.863 2.326
201703 1.736 102.862 2.184
201706 1.876 103.349 2.349
201709 2.080 104.136 2.585
201712 2.223 104.011 2.766
201803 2.238 105.290 2.751
201806 2.382 106.317 2.900
201809 2.331 106.507 2.832
201812 2.789 105.998 3.405
201903 2.915 107.251 3.518
201906 3.077 108.070 3.685
201909 3.212 108.329 3.837
201912 3.353 108.420 4.002
202003 3.724 108.902 4.426
202006 3.795 108.767 4.516
202009 3.951 109.815 4.656
202012 3.993 109.897 4.702
202103 4.050 111.754 4.690
202106 4.071 114.631 4.596
202109 4.055 115.734 4.534
202112 3.947 117.630 4.343
202203 3.910 121.301 4.172
202206 3.830 125.017 3.965
202209 3.849 125.227 3.978
202212 3.926 125.222 4.058
202303 3.899 127.348 3.962
202306 3.942 128.729 3.963
202309 4.148 129.860 4.134
202312 4.245 129.419 4.245

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.


Kamada  (NAS:KMDA) 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.


Kamada Cyclically Adjusted PB Ratio Related Terms

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


Kamada (Kamada) Business Description

Industry
Traded in Other Exchanges
Address
2 Holzman Street, P.O. Box 4081, Science Park, Rehovot, ISR, 7670402
Kamada Ltd is a drug-focused, plasma-derived protein therapeutics company. It is involved in the business of developing, producing, and marketing specialty therapeutics using protein purification proprietary technology. Its product portfolio consists of Glassia, Bramitob, Foster, Ixiaro, Factor-IX, and others. The company has two segments namely, Proprietary Products segment and Distribution segment. It derives the majority of its revenue from the Proprietary products segment. The firm categorizes its products in Lung Disease, Vaccines, Haemophilia, Immunoglobulins, Critical care, and Diagnostics.

Kamada (Kamada) Headlines

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