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Aspen Pharmacare Holdings (Aspen Pharmacare Holdings) Cyclically Adjusted PB Ratio : 1.26 (As of Apr. 27, 2024)


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What is Aspen Pharmacare Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Aspen Pharmacare Holdings's current share price is $9.205. Aspen Pharmacare Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $7.28. Aspen Pharmacare Holdings's Cyclically Adjusted PB Ratio for today is 1.26.

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

APNHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.36   Max: 15.81
Current: 1.49

During the past 13 years, Aspen Pharmacare Holdings's highest Cyclically Adjusted PB Ratio was 15.81. The lowest was 0.85. And the median was 2.36.

APNHF's Cyclically Adjusted PB Ratio is ranked better than
56.72% of 647 companies
in the Drug Manufacturers industry
Industry Median: 1.75 vs APNHF: 1.49

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.

Aspen Pharmacare Holdings's adjusted book value per share data of for the fiscal year that ended in Jun23 was $10.356. 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 $7.28 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aspen Pharmacare Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aspen Pharmacare Holdings'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.

Aspen Pharmacare Holdings Cyclically Adjusted PB Ratio Chart

Aspen Pharmacare Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.51 1.48 1.09 1.26

Aspen Pharmacare Holdings 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 - 1.09 - 1.26 -

Competitive Comparison of Aspen Pharmacare Holdings's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Aspen Pharmacare Holdings'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.


Aspen Pharmacare Holdings's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Aspen Pharmacare Holdings 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.

Aspen Pharmacare Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.205/7.28
=1.26

* 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.

Aspen Pharmacare Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Aspen Pharmacare Holdings's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=10.356/148.8016*148.8016
=10.356

Current CPI (Jun23) = 148.8016.

Aspen Pharmacare Holdings Annual Data

Book Value per Share CPI Adj_Book
201406 5.932 95.813 9.213
201506 6.083 100.173 9.036
201606 6.195 106.713 8.638
201706 7.206 112.054 9.569
201806 8.129 116.959 10.342
201906 8.155 122.191 9.931
202006 8.868 124.807 10.573
202106 10.363 131.113 11.761
202206 10.082 140.835 10.652
202306 10.356 148.802 10.356

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.


Aspen Pharmacare Holdings  (OTCPK:APNHF) 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.


Aspen Pharmacare Holdings Cyclically Adjusted PB Ratio Related Terms

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


Aspen Pharmacare Holdings (Aspen Pharmacare Holdings) Business Description

Traded in Other Exchanges
Address
Douglas Saunders Drive, Aspen Place, 9 Rydall Vale Park, La Lucia Ridge, Durban, NL, ZAF
Aspen Pharmacare Holdings Ltd is a specialty pharmaceutical company with a commercial footprint covering more than 50 countries and complex manufacturing capabilities in both API and finished dose form. The company focuses on a broad range of post-patent, branded medicines and domestic brands spanning many therapeutic areas. The company has four business segments such as Active Pharmaceutical Ingredients (API) - this segment includes the API Chemicals business and non-heparin biochemical API business, Heparin - this segment includes the full value chain contribution from all heparin containing products including API and Finished Dose. Form (FDF) sales Key products include the Fraxiparine and MonoEmbolex heparin containing FDF products and FDF Steriles segment.

Aspen Pharmacare Holdings (Aspen Pharmacare Holdings) Headlines

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