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Tiziana Life Sciences (Tiziana Life Sciences) Cyclically Adjusted PB Ratio : 5.40 (As of May. 25, 2024)


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What is Tiziana Life Sciences Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Tiziana Life Sciences's current share price is $0.8099. Tiziana Life Sciences's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $0.15. Tiziana Life Sciences's Cyclically Adjusted PB Ratio for today is 5.40.

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

TLSA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.78
Current: 5.39

During the past 13 years, Tiziana Life Sciences's highest Cyclically Adjusted PB Ratio was 5.78. The lowest was 0.00. And the median was 0.00.

TLSA's Cyclically Adjusted PB Ratio is ranked worse than
79.17% of 653 companies
in the Biotechnology industry
Industry Median: 1.73 vs TLSA: 5.39

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.

Tiziana Life Sciences's adjusted book value per share data of for the fiscal year that ended in Dec23 was $0.055. 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 $0.15 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tiziana Life Sciences Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tiziana Life Sciences'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.

Tiziana Life Sciences Cyclically Adjusted PB Ratio Chart

Tiziana Life Sciences 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 171.63 20.47 6.78 3.84 3.72

Tiziana Life Sciences Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 6.78 - 3.84 - 3.72

Competitive Comparison of Tiziana Life Sciences's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Tiziana Life Sciences'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.


Tiziana Life Sciences's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Tiziana Life Sciences 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.

Tiziana Life Sciences's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.8099/0.15
=5.40

* 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.

Tiziana Life Sciences's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Tiziana Life Sciences's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.055/129.4194*129.4194
=0.055

Current CPI (Dec23) = 129.4194.

Tiziana Life Sciences Annual Data

Book Value per Share CPI Adj_Book
201412 0.024 99.070 0.031
201512 0.028 99.792 0.036
201612 0.087 101.863 0.111
201712 -0.036 104.011 -0.045
201812 0.008 105.998 0.010
201912 -0.080 108.420 -0.095
202012 0.641 109.897 0.755
202112 0.404 117.630 0.444
202212 0.195 125.222 0.202
202312 0.055 129.419 0.055

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.


Tiziana Life Sciences  (NAS:TLSA) 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.


Tiziana Life Sciences Cyclically Adjusted PB Ratio Related Terms

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Tiziana Life Sciences (Tiziana Life Sciences) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Tiziana Life Sciences Ltd is a clinical-stage biotechnology company that specializes in the developing transformative therapies for neurodegenerative and lung diseases. Its clinical pipeline includes drug assets for Secondary Progressive Multiple Sclerosis, ALS. Alzheimer's, Crohn's Disease and KRAS+ NSCLC. Tiziana is led by a team of highly qualified executives with extensive drug development and commercialization experience.

Tiziana Life Sciences (Tiziana Life Sciences) Headlines

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