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Arrowhead Pharmaceuticals (Arrowhead Pharmaceuticals) Cyclically Adjusted PB Ratio : 6.89 (As of Apr. 28, 2024)


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What is Arrowhead Pharmaceuticals Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Arrowhead Pharmaceuticals's current share price is $22.12. Arrowhead Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.21. Arrowhead Pharmaceuticals's Cyclically Adjusted PB Ratio for today is 6.89.

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

ARWR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 8.38   Max: 43.2
Current: 6.9

During the past years, Arrowhead Pharmaceuticals's highest Cyclically Adjusted PB Ratio was 43.20. The lowest was 0.12. And the median was 8.38.

ARWR's Cyclically Adjusted PB Ratio is ranked worse than
83.62% of 641 companies
in the Biotechnology industry
Industry Median: 1.72 vs ARWR: 6.90

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.

Arrowhead Pharmaceuticals's adjusted book value per share data for the three months ended in Dec. 2023 was $1.492. 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 $3.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arrowhead Pharmaceuticals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arrowhead Pharmaceuticals'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.

Arrowhead Pharmaceuticals Cyclically Adjusted PB Ratio Chart

Arrowhead Pharmaceuticals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.66 20.93 25.78 11.44 8.27

Arrowhead Pharmaceuticals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 13.70 8.18 11.19 8.27 9.54

Competitive Comparison of Arrowhead Pharmaceuticals's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Arrowhead Pharmaceuticals'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.


Arrowhead Pharmaceuticals's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Arrowhead Pharmaceuticals 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.

Arrowhead Pharmaceuticals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.12/3.21
=6.89

* 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.

Arrowhead Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Arrowhead Pharmaceuticals's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.492/129.4194*129.4194
=1.492

Current CPI (Dec. 2023) = 129.4194.

Arrowhead Pharmaceuticals Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.690 99.695 4.790
201406 3.522 100.560 4.533
201409 3.047 100.428 3.927
201412 2.673 99.070 3.492
201503 2.435 99.621 3.163
201506 2.207 100.684 2.837
201509 1.850 100.392 2.385
201512 1.558 99.792 2.021
201603 1.242 100.470 1.600
201606 0.993 101.688 1.264
201609 1.370 101.861 1.741
201612 1.314 101.863 1.669
201703 1.256 102.862 1.580
201706 1.205 103.349 1.509
201709 1.089 104.136 1.353
201712 0.944 104.011 1.175
201803 1.305 105.290 1.604
201806 1.165 106.317 1.418
201809 1.082 106.507 1.315
201812 1.858 105.998 2.269
201903 2.125 107.251 2.564
201906 2.376 108.070 2.845
201909 2.561 108.329 3.060
201912 4.946 108.420 5.904
202003 4.856 108.902 5.771
202006 4.823 108.767 5.739
202009 4.511 109.815 5.316
202012 4.404 109.897 5.186
202103 4.283 111.754 4.960
202106 4.192 114.631 4.733
202109 3.919 115.734 4.382
202112 3.555 117.630 3.911
202203 4.279 121.301 4.565
202206 4.291 125.017 4.442
202209 3.761 125.227 3.887
202212 3.552 125.222 3.671
202303 4.181 127.348 4.249
202306 3.406 128.729 3.424
202309 2.529 129.860 2.520
202312 1.492 129.419 1.492

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.


Arrowhead Pharmaceuticals  (NAS:ARWR) 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.


Arrowhead Pharmaceuticals Cyclically Adjusted PB Ratio Related Terms

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


Arrowhead Pharmaceuticals (Arrowhead Pharmaceuticals) Business Description

Traded in Other Exchanges
Address
177 E. Colorado Boulevard, Suite 700, Pasadena, CA, USA, 91105
Arrowhead Pharmaceuticals Inc is an American biotechnology company. Its main target is the development of medicine to treat diseases with a genetic origin, characterized by the overproduction of one or more proteins. Its medical solutions are aimed at the genes that trigger the diseases. Its portfolio includes drugs targeting hepatitis B, Alpha-1 Antitrypsin Deficiency, thrombosis and angioedema, clear-cell and renal cell carcinoma, and cardiovascular disease.
Executives
James C Hamilton other: Senior Vice President 177 EAST COLORADO BLVD, SUITE 700, PASADENA CA 91105
Victoria Vakiener director C/O EPIZYME, INC., 400 TECHNOLOGY SQUARE, CAMBRIDGE MA 02139
Mauro Ferrari director 201 SOUTH LAKE AVENUE, PASADENA CA 91101
William D. Waddill director C/O CALITHERA BIOSCIENCES, 343 OYSTER POINT BLVD, SUITE 200, SO. SAN FRANCISCO CA 94080
Douglas B Given director C/O NEORX CORP, 410 WEST HARRISON ST, SEATTLE WA 98119
Tracie Oliver officer: Chief Commercial Officer 177 E COLORADO BLVD, SUITE 700, PASADENA CA 91105
Patrick O'brien officer: General Counsel 225 S. LAKE AVENUE SUITE 1050, PASADENA CA 91101
Martin Javier San officer: Chief Medical Officer 177 E COLORADO BLVD, STE 700, PASADENA CA 91105
Kenneth Allen Myszkowski officer: CFO ARROWHEAD RESEARCH CORPORATION, 201 SOUTH LAKE AVENUE, SUITE 703, PASADENA CA 91101
Christopher Richard Anzalone director, officer: President and CEO ARROWHEAD RESEARCH CORPORATION, 201 SOUTH LAKE AVENUE, SUITE 703, PASADENA CA 91101
Adeoye Y Olukotun director 3621 SOUTH STATE ST, 695 KMS PL, ANN ARBOR MI 48108
Backer Marianne De director 177 E COLORADO BLVD, SUITE 700, PASADENA CA 91105
Michael S Perry director C/O BIOTRANSPLANT INC, 196 BOSTON AVE SUITE 2800, MEDFORD MA 02155
James Hassard officer: Chief Commercial Officer 177 E COLORADO BLVD, STE 700, PASADENA CA 91105
Curt Bradshaw officer: Chief Scientific Officer 177 E COLORADO BLVD, STE 700, PASADENA CA 91105