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Camurus AB (OSTO:CAMX) Cyclically Adjusted PB Ratio : 36.11 (As of Jun. 09, 2024)


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What is Camurus AB Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Camurus AB's current share price is kr599.00. Camurus AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr16.59. Camurus AB's Cyclically Adjusted PB Ratio for today is 36.11.

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

OSTO:CAMX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 28.63   Med: 33.26   Max: 38.27
Current: 36.11

During the past years, Camurus AB's highest Cyclically Adjusted PB Ratio was 38.27. The lowest was 28.63. And the median was 33.26.

OSTO:CAMX's Cyclically Adjusted PB Ratio is ranked worse than
98.64% of 661 companies
in the Biotechnology industry
Industry Median: 1.75 vs OSTO:CAMX: 36.11

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.

Camurus AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr45.913. 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 kr16.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Camurus AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Camurus AB'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.

Camurus AB Cyclically Adjusted PB Ratio Chart

Camurus AB 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 - - - - 35.06

Camurus AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 35.06 30.60

Competitive Comparison of Camurus AB's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Camurus AB'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.


Camurus AB's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Camurus AB 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.

Camurus AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=599.00/16.59
=36.11

* 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.

Camurus AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Camurus AB'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)
=45.913/132.2054*132.2054
=45.913

Current CPI (Mar. 2024) = 132.2054.

Camurus AB Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.223 100.541 1.608
201409 0.000 100.161 0.000
201412 3.018 100.225 3.981
201503 0.000 99.950 0.000
201506 0.000 99.995 0.000
201509 2.519 100.228 3.323
201512 15.731 100.276 20.740
201603 15.254 100.751 20.016
201606 14.829 101.019 19.407
201609 14.526 101.138 18.988
201612 13.861 102.022 17.962
201703 12.872 102.022 16.680
201706 12.005 102.752 15.446
201709 10.728 103.279 13.733
201712 9.455 103.793 12.043
201803 8.568 103.962 10.896
201806 9.136 104.875 11.517
201809 8.100 105.679 10.133
201812 6.019 105.912 7.513
201903 11.698 105.886 14.606
201906 10.015 106.742 12.404
201909 8.712 107.214 10.743
201912 12.232 107.766 15.006
202003 11.049 106.563 13.708
202006 10.644 107.498 13.090
202009 15.356 107.635 18.861
202012 15.626 108.296 19.076
202103 15.258 108.360 18.616
202106 15.029 108.928 18.241
202109 15.154 110.338 18.157
202112 15.483 112.486 18.197
202203 15.564 114.825 17.920
202206 16.131 118.384 18.014
202209 17.486 122.296 18.903
202212 17.947 126.365 18.776
202303 19.150 127.042 19.928
202306 24.917 129.407 25.456
202309 26.798 130.224 27.206
202312 26.841 131.912 26.901
202403 45.913 132.205 45.913

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.


Camurus AB  (OSTO:CAMX) 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.


Camurus AB Cyclically Adjusted PB Ratio Related Terms

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


Camurus AB (OSTO:CAMX) Business Description

Industry
Traded in Other Exchanges
Address
Ideon Science Park, Lund, SWE, SE-223 70
Camurus AB is a research and development-focused pharmaceutical company. It develops pharmaceuticals for the treatment of serious and chronic diseases such as opioid addiction, pain, cancer, and endocrine diseases. The company's product pipeline includes CAM2038, CAM2029, CAM2032, and others. The company's geographical revenue includes Europe (of which Sweden), the United States of America, Australia, and Other geographical areas.

Camurus AB (OSTO:CAMX) Headlines