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FibroGen (MEX:FGEN) Cyclically Adjusted Book per Share : MXN53.75 (As of Mar. 2024)


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What is FibroGen 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.

FibroGen's adjusted book value per share for the three months ended in Mar. 2024 was MXN-38.060. 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 MXN53.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FibroGen's average Cyclically Adjusted Book Growth Rate was -4.70% 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 (2024-06-25), FibroGen's current stock price is MXN20.14. FibroGen's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN53.75. FibroGen's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of FibroGen was 6.84. The lowest was 0.11. And the median was 0.49.


FibroGen Cyclically Adjusted Book per Share Historical Data

The historical data trend for FibroGen'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.

FibroGen Cyclically Adjusted Book per Share Chart

FibroGen 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 - - - 62.97 62.78

FibroGen 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 93.73 467.57 62.91 62.78 53.75

Competitive Comparison of FibroGen's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, FibroGen'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.


FibroGen's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



FibroGen 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, FibroGen'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)
=-38.06/131.7762*131.7762
=-38.060

Current CPI (Mar. 2024) = 131.7762.

FibroGen Quarterly Data

Book Value per Share CPI Adj_Book
201406 -44.906 100.560 -58.846
201409 -53.777 100.428 -70.563
201412 55.308 99.070 73.567
201503 47.487 99.621 62.815
201506 65.915 100.684 86.270
201509 59.955 100.392 78.698
201512 49.255 99.792 65.041
201603 43.280 100.470 56.766
201606 56.919 101.688 73.761
201609 54.671 101.861 70.727
201612 50.466 101.863 65.286
201703 38.493 102.862 49.313
201706 58.606 103.349 74.726
201709 126.770 104.136 160.418
201712 125.807 104.011 159.390
201803 108.786 105.290 136.152
201806 115.664 106.317 143.362
201809 103.903 106.507 128.555
201812 117.030 105.998 145.491
201903 110.182 107.251 135.378
201906 139.130 108.070 169.650
201909 134.565 108.329 163.690
201912 111.050 108.420 134.973
202003 120.901 108.902 146.296
202006 101.272 108.767 122.695
202009 109.783 109.815 131.738
202012 91.840 109.897 110.124
202103 82.359 111.754 97.114
202106 56.011 114.631 64.388
202109 72.258 115.734 82.274
202112 46.193 117.630 51.748
202203 33.733 121.301 36.646
202206 22.274 125.017 23.478
202209 5.633 125.227 5.928
202212 -4.440 125.222 -4.672
202303 -9.113 127.348 -9.430
202306 -17.854 128.729 -18.277
202309 -27.839 129.860 -28.250
202312 -35.087 129.419 -35.726
202403 -38.060 131.776 -38.060

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


FibroGen  (MEX:FGEN) 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.

FibroGen's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.14/53.75
=0.37

* 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 12 years, the highest Cyclically Adjusted PB Ratio of FibroGen was 6.84. The lowest was 0.11. And the median was 0.49.


Be Aware

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


FibroGen Cyclically Adjusted Book per Share Related Terms

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


FibroGen (MEX:FGEN) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » FibroGen Inc (MEX:FGEN) » Definitions » Cyclically Adjusted Book per Share
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Address
409 Illinois Street, San Francisco, CA, USA, 94158
FibroGen Inc is a biotechnology company focused on discovering, developing, and commercializing novel therapeutics to treat serious unmet medical needs. The company generates the vast majority of its revenue in Europe, followed by Japan. Virtually all of FibroGen's revenue to date has been generated from its collaboration agreements. FibroGen seeks partners with research, development, and marketing capabilities and other resources that strengthen the company's ability to advance product candidates.