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GNI Group (FRA:3G6) Cyclically Adjusted Book per Share : €1.74 (As of Mar. 2024)


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What is GNI Group 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.

GNI Group's adjusted book value per share for the three months ended in Mar. 2024 was €4.258. 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 €1.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GNI Group's average Cyclically Adjusted Book Growth Rate was 24.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 25.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 22.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of GNI Group was 25.40% per year. The lowest was 19.90% per year. And the median was 22.60% per year.

As of today (2024-05-26), GNI Group's current stock price is €12.00. GNI Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.74. GNI Group's Cyclically Adjusted PB Ratio of today is 6.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GNI Group was 28.29. The lowest was 4.23. And the median was 10.26.


GNI Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for GNI Group'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.

GNI Group Cyclically Adjusted Book per Share Chart

GNI Group 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 1.02 1.12 1.35 1.57 1.76

GNI Group 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 1.61 1.56 1.66 1.76 1.74

Competitive Comparison of GNI Group's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, GNI Group'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.


GNI Group's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



GNI Group 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, GNI Group'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)
=4.258/107.2000*107.2000
=4.258

Current CPI (Mar. 2024) = 107.2000.

GNI Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.954 98.000 1.044
201409 0.935 98.500 1.018
201412 0.889 97.900 0.973
201503 0.965 97.900 1.057
201506 0.878 98.400 0.957
201509 0.866 98.500 0.942
201512 0.849 98.100 0.928
201603 0.849 97.900 0.930
201606 0.825 98.100 0.902
201609 0.838 98.000 0.917
201612 0.779 98.400 0.849
201703 0.736 98.100 0.804
201706 1.905 98.500 2.073
201709 2.178 98.800 2.363
201712 2.169 99.400 2.339
201803 2.081 99.200 2.249
201806 2.129 99.200 2.301
201809 2.106 99.900 2.260
201812 1.699 99.700 1.827
201903 1.762 99.700 1.895
201906 1.978 99.800 2.125
201909 2.127 100.100 2.278
201912 2.034 100.500 2.170
202003 2.068 100.300 2.210
202006 2.017 99.900 2.164
202009 1.978 99.900 2.123
202012 2.002 99.300 2.161
202103 2.690 99.900 2.887
202106 2.849 99.500 3.069
202109 3.008 100.100 3.221
202112 3.089 100.100 3.308
202203 3.279 101.100 3.477
202206 3.279 101.800 3.453
202209 3.400 103.100 3.535
202212 3.090 104.100 3.182
202303 3.120 104.400 3.204
202306 3.159 105.200 3.219
202309 3.231 106.200 3.261
202312 4.318 106.800 4.334
202403 4.258 107.200 4.258

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


GNI Group  (FRA:3G6) 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.

GNI Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.00/1.74
=6.90

* 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 GNI Group was 28.29. The lowest was 4.23. And the median was 10.26.


Be Aware

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


GNI Group Cyclically Adjusted Book per Share Related Terms

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


GNI Group (FRA:3G6) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » GNI Group Ltd (FRA:3G6) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Shinjuku Park Tower, 3-7-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1030
GNI Group Ltd is a clinical stage drug development company. It works on the treatment of diseases that are more common in Asia, especially Japan and China. It is engaged in the discovery, development, manufacture, and sale of drugs for the treatment of cancer and inflammatory diseases.

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