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Biofrontera AG (Biofrontera AG) Cyclically Adjusted Book per Share : $16.20 (As of Mar. 2024)


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What is Biofrontera AG Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Biofrontera AG's adjusted book value per share for the three months ended in Mar. 2024 was $6.174. 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 $16.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Biofrontera AG's average Cyclically Adjusted Book Growth Rate was 10.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-23), Biofrontera AG's current stock price is $22.68. Biofrontera AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.20. Biofrontera AG's Cyclically Adjusted PB Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Biofrontera AG was 259.34. The lowest was 0.52. And the median was 6.32.


Biofrontera AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Biofrontera AG's Cyclically Adjusted Book per Share 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.

Biofrontera AG Cyclically Adjusted Book per Share Chart

Biofrontera AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.03 3.66 7.13 13.79

Biofrontera 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 Book per Share 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 5.44 6.00 9.50 13.79 16.20

Competitive Comparison of Biofrontera AG's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Biofrontera 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.


Biofrontera AG's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Biofrontera AG Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Biofrontera 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)
=6.174/125.0381*125.0381
=6.174

Current CPI (Mar. 2024) = 125.0381.

Biofrontera AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.186 99.543 6.514
201409 2.551 99.823 3.195
201412 -0.019 99.543 -0.024
201503 -1.864 99.717 -2.337
201506 -3.320 100.417 -4.134
201509 -4.816 100.417 -5.997
201512 -3.334 99.717 -4.181
201603 -0.515 100.017 -0.644
201606 0.742 100.717 0.921
201609 -1.773 101.017 -2.195
201612 8.254 101.217 10.197
201703 6.560 101.417 8.088
201706 5.661 102.117 6.932
201709 2.801 102.717 3.410
201712 1.940 102.617 2.364
201803 11.857 102.917 14.406
201806 8.887 104.017 10.683
201809 6.638 104.718 7.926
201812 8.154 104.217 9.783
201903 6.676 104.217 8.010
201906 12.440 105.718 14.713
201909 6.844 106.018 8.072
201912 4.823 105.818 5.699
202003 2.054 105.718 2.429
202006 2.326 106.618 2.728
202009 -0.556 105.818 -0.657
202012 3.675 105.518 4.355
202103 10.809 107.518 12.570
202106 9.207 108.486 10.612
202109 6.624 109.435 7.568
202112 22.984 110.384 26.035
202203 11.668 113.968 12.801
202206 7.967 115.760 8.606
202209 5.678 118.818 5.975
202212 7.090 119.345 7.428
202303 5.945 122.402 6.073
202306 6.085 123.140 6.179
202309 4.878 124.195 4.911
202312 7.171 123.773 7.244
202403 6.174 125.038 6.174

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Biofrontera AG  (OTCPK:BFFTF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Biofrontera AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.68/16.2
=1.40

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Biofrontera AG was 259.34. The lowest was 0.52. And the median was 6.32.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Biofrontera AG Cyclically Adjusted Book per Share Related Terms

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


Biofrontera AG (Biofrontera AG) Business Description

Industry
Traded in Other Exchanges
Address
Hemmelrather Weg 201, Leverkusen, NW, DEU, 51377
Biofrontera AG is active in the field of healthcare. It manufactures pharmaceutical products, especially medical cosmetics and dermatological drugs for the care and treatment of skin diseases. Its suite of products includes the prescription drugs Ameluz and BF-RhodoLED, for the treatment of actinic keratosis and Belixos, for the regenerative care of reddened and inflamed skin.