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Sartorius AG (Sartorius AG) Cyclically Adjusted PB Ratio : 11.28 (As of Jun. 05, 2024)


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What is Sartorius AG Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Sartorius AG's current share price is $53.82. Sartorius AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.77. Sartorius AG's Cyclically Adjusted PB Ratio for today is 11.28.

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

SOAGY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11.91   Med: 22.48   Max: 84.11
Current: 11.91

During the past years, Sartorius AG's highest Cyclically Adjusted PB Ratio was 84.11. The lowest was 11.91. And the median was 22.48.

SOAGY's Cyclically Adjusted PB Ratio is ranked worse than
93.46% of 474 companies
in the Medical Devices & Instruments industry
Industry Median: 2.095 vs SOAGY: 11.91

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.

Sartorius AG's adjusted book value per share data for the three months ended in Mar. 2024 was $8.489. 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 $4.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sartorius AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sartorius AG'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.

Sartorius AG Cyclically Adjusted PB Ratio Chart

Sartorius AG 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 23.21 41.14 49.56 26.59 17.25

Sartorius AG 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 23.61 18.28 17.81 17.25 16.85

Competitive Comparison of Sartorius AG's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Sartorius AG'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.


Sartorius AG's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sartorius AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sartorius AG 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.

Sartorius AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.82/4.77
=11.28

* 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.

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

For example, Sartorius AG'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)
=8.489/125.0381*125.0381
=8.489

Current CPI (Mar. 2024) = 125.0381.

Sartorius AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.462 99.543 1.836
201409 1.475 99.823 1.848
201412 1.439 99.543 1.808
201503 1.476 99.717 1.851
201506 1.563 100.417 1.946
201509 1.649 100.417 2.053
201512 1.649 99.717 2.068
201603 1.734 100.017 2.168
201606 1.705 100.717 2.117
201609 1.788 101.017 2.213
201612 1.788 101.217 2.209
201703 1.913 101.417 2.359
201706 1.902 102.117 2.329
201709 2.079 102.717 2.531
201712 2.138 102.617 2.605
201803 2.289 102.917 2.781
201806 2.202 104.017 2.647
201809 2.320 104.718 2.770
201812 2.464 104.217 2.956
201903 2.455 104.217 2.945
201906 2.549 105.718 3.015
201909 2.666 106.018 3.144
201912 2.633 105.818 3.111
202003 2.768 105.718 3.274
202006 2.799 106.618 3.283
202009 3.038 105.818 3.590
202012 3.668 105.518 4.347
202103 3.920 107.518 4.559
202106 4.297 108.486 4.953
202109 4.244 109.435 4.849
202112 4.163 110.384 4.716
202203 4.596 113.968 5.042
202206 5.149 115.760 5.562
202209 5.433 118.818 5.717
202212 6.162 119.345 6.456
202303 6.032 122.402 6.162
202306 6.451 123.140 6.550
202309 6.449 124.195 6.493
202312 6.590 123.773 6.657
202403 8.489 125.038 8.489

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.


Sartorius AG  (OTCPK:SOAGY) 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.


Sartorius AG Cyclically Adjusted PB Ratio Related Terms

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


Sartorius AG (Sartorius AG) Business Description

Address
Otto-Brenner-Strasse 20, Gottingen, NI, DEU, 37079
Sartorius AG is a leading provider of bioprocessing solutions. Its Bioprocess division sells equipment and consumables for upstream and downstream manufacturing of biologic drugs, and has a focus on single-use technology, or SUT. Its Lab Products and Services division offers a wide range of products for lab use, including scales, pipettes, and filtration equipment. As of 2022, the Bioprocess and LPS divisions contributed 80% and 20% of revenue, respectively. Bioprocess is housed in its subsidiary Sartorius Stedim Biotech, of which Sartorius AG has a 74% ownership and 85% voting control. The business is geographically diverse, with revenue across Europe, the Middle East, and Africa (37% of 2022 sales), the Americas (37%), and Asia-Pacific (26%). We estimate China revenue to be around 10%.