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Camurus AB (FRA:7CA) Cyclically Adjusted Book per Share : €1.48 (As of Mar. 2024)


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What is Camurus AB 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.

Camurus AB's adjusted book value per share for the three months ended in Mar. 2024 was €4.057. 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 €1.48 for the trailing ten years ended in Mar. 2024.

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 (2024-06-05), Camurus AB's current stock price is €52.95. Camurus AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.48. Camurus AB's Cyclically Adjusted PB Ratio of today is 35.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Camurus AB was 38.27. The lowest was 28.63. And the median was 33.16.


Camurus AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Camurus AB'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.

Camurus AB Cyclically Adjusted Book per Share Chart

Camurus AB 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 - - - - 1.39

Camurus AB 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 - - - 1.39 1.48

Competitive Comparison of Camurus AB's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, Camurus AB'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.


Camurus AB's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Camurus AB 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, Camurus AB'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)
=4.057/132.2054*132.2054
=4.057

Current CPI (Mar. 2024) = 132.2054.

Camurus AB Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.137 100.541 0.180
201409 0.000 100.161 0.000
201412 0.321 100.225 0.423
201503 0.000 99.950 0.000
201506 0.000 99.995 0.000
201509 0.268 100.228 0.354
201512 1.700 100.276 2.241
201603 1.643 100.751 2.156
201606 1.589 101.019 2.080
201609 1.517 101.138 1.983
201612 1.427 102.022 1.849
201703 1.350 102.022 1.749
201706 1.231 102.752 1.584
201709 1.124 103.279 1.439
201712 0.952 103.793 1.213
201803 0.843 103.962 1.072
201806 0.889 104.875 1.121
201809 0.776 105.679 0.971
201812 0.586 105.912 0.731
201903 1.114 105.886 1.391
201906 0.942 106.742 1.167
201909 0.815 107.214 1.005
201912 1.167 107.766 1.432
202003 1.016 106.563 1.260
202006 1.015 107.498 1.248
202009 1.472 107.635 1.808
202012 1.536 108.296 1.875
202103 1.500 108.360 1.830
202106 1.486 108.928 1.804
202109 1.490 110.338 1.785
202112 1.507 112.486 1.771
202203 1.477 114.825 1.701
202206 1.521 118.384 1.699
202209 1.619 122.296 1.750
202212 1.632 126.365 1.707
202303 1.707 127.042 1.776
202306 2.136 129.407 2.182
202309 2.265 130.224 2.299
202312 2.400 131.912 2.405
202403 4.057 132.205 4.057

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


Camurus AB  (FRA:7CA) 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.

Camurus AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=52.95/1.48
=35.78

* 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 Camurus AB was 38.27. The lowest was 28.63. And the median was 33.16.


Be Aware

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


Camurus AB Cyclically Adjusted Book per Share Related Terms

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


Camurus AB (FRA:7CA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Camurus AB (FRA:7CA) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Ideon Science Park, Lund, SWE, SE-223 70
Camurus AB is a research and development-focused pharmaceutical company. It develops pharmaceuticals for the treatment of serious and chronic diseases such as opioid addiction, pain, cancer, and endocrine diseases. The company's product pipeline includes CAM2038, CAM2029, CAM2032, and others. The company's geographical revenue includes Europe (of which Sweden), the United States of America, Australia, and Other geographical areas.

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