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Swedish Orphan Biovitrum AB (OSTO:SOBI) Cyclically Adjusted PB Ratio : 5.00 (As of Jun. 09, 2024)


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What is Swedish Orphan Biovitrum AB Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Swedish Orphan Biovitrum AB's current share price is kr281.00. Swedish Orphan Biovitrum AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr56.16. Swedish Orphan Biovitrum AB's Cyclically Adjusted PB Ratio for today is 5.00.

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

OSTO:SOBI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.94   Med: 5.78   Max: 13.83
Current: 5

During the past years, Swedish Orphan Biovitrum AB's highest Cyclically Adjusted PB Ratio was 13.83. The lowest was 3.94. And the median was 5.78.

OSTO:SOBI's Cyclically Adjusted PB Ratio is ranked worse than
83.29% of 742 companies
in the Drug Manufacturers industry
Industry Median: 1.875 vs OSTO:SOBI: 5.00

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.

Swedish Orphan Biovitrum AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr105.591. 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 kr56.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swedish Orphan Biovitrum AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Swedish Orphan Biovitrum 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.

Swedish Orphan Biovitrum AB Cyclically Adjusted PB Ratio Chart

Swedish Orphan Biovitrum 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 5.96 5.68 5.18 4.63 4.95

Swedish Orphan Biovitrum 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 4.97 4.10 4.35 4.95 4.76

Competitive Comparison of Swedish Orphan Biovitrum AB's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Swedish Orphan Biovitrum 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.


Swedish Orphan Biovitrum AB's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Swedish Orphan Biovitrum 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.

Swedish Orphan Biovitrum AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=281.00/56.16
=5.00

* 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.

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

For example, Swedish Orphan Biovitrum 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)
=105.591/132.2054*132.2054
=105.591

Current CPI (Mar. 2024) = 132.2054.

Swedish Orphan Biovitrum AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.089 100.432 21.179
201409 16.241 100.161 21.437
201412 16.197 100.225 21.365
201503 16.635 99.950 22.003
201506 16.680 99.995 22.053
201509 16.560 100.228 21.843
201512 16.633 100.276 21.929
201603 17.902 100.751 23.491
201606 18.649 101.019 24.406
201609 19.086 101.138 24.949
201612 19.066 102.022 24.707
201703 19.872 102.022 25.751
201706 21.178 102.752 27.248
201709 22.544 103.279 28.858
201712 23.770 103.793 30.277
201803 25.595 103.962 32.548
201806 27.851 104.875 35.109
201809 30.079 105.679 37.629
201812 31.993 105.912 39.936
201903 47.032 105.886 58.722
201906 48.627 106.742 60.227
201909 50.946 107.214 62.822
201912 54.948 107.766 67.409
202003 60.543 106.563 75.112
202006 60.317 107.498 74.180
202009 60.841 107.635 74.729
202012 65.447 108.296 79.896
202103 67.578 108.360 82.449
202106 68.525 108.928 83.169
202109 70.367 110.338 84.313
202112 75.092 112.486 88.256
202203 76.882 114.825 88.519
202206 78.555 118.384 87.727
202209 80.886 122.296 87.440
202212 85.590 126.365 89.546
202303 89.613 127.042 93.255
202306 91.275 129.407 93.249
202309 101.441 130.224 102.985
202312 99.680 131.912 99.902
202403 105.591 132.205 105.591

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.


Swedish Orphan Biovitrum AB  (OSTO:SOBI) 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.


Swedish Orphan Biovitrum AB Cyclically Adjusted PB Ratio Related Terms

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


Swedish Orphan Biovitrum AB (OSTO:SOBI) Business Description

Traded in Other Exchanges
Address
Tomtebodavagen 23 A, Solna, Stockholm, SWE, SE-112 76
Swedish Orphan Biovitrum, or Sobi, focuses on rare diseases, primarily in hematology and immunology. Biovitrum started with experience in studying recombinant proteins such as hemophilia factors, and partnered with Syntonix (now part of Sanofi) on long-acting hemophilia factor replacement programs in 2006. Biovitrum acquired Orfadin and a partnered product business with the acquisition of Swedish Orphan. Sobi launched hemophilia products Alprolix and Eloctate in Europe in 2016. Sobi has since been building its immunology pipeline (rare disease drug Gamifant, U.S. rights to RSV antibodies Synagis and Beyfortus, gout drug SEL-212, complement drug Aspaveli) and hematology pipeline outside of hemophilia (thrombocytopenia drug Doptelet, blood cancer drug Zynlonta, myelofibrosis drug Vonjo).

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