GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » ProQR Therapeutics NV (MEX:PRQR) » Definitions » Cyclically Adjusted Book per Share

ProQR Therapeutics NV (MEX:PRQR) Cyclically Adjusted Book per Share : MXN44.57 (As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is ProQR Therapeutics NV 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.

ProQR Therapeutics NV's adjusted book value per share for the three months ended in Jun. 2024 was MXN7.932. 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 MXN44.57 for the trailing ten years ended in Jun. 2024.

During the past 12 months, ProQR Therapeutics NV's average Cyclically Adjusted Book Growth Rate was -2.80% 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 (2024-09-24), ProQR Therapeutics NV's current stock price is MXN36.00. ProQR Therapeutics NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was MXN44.57. ProQR Therapeutics NV's Cyclically Adjusted PB Ratio of today is 0.81.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of ProQR Therapeutics NV was 0.92. The lowest was 0.42. And the median was 0.68.


ProQR Therapeutics NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for ProQR Therapeutics NV'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.

ProQR Therapeutics NV Cyclically Adjusted Book per Share Chart

ProQR Therapeutics NV 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 - - - - 38.05

ProQR Therapeutics NV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 47.00 57.95 38.05 32.66 44.57

Competitive Comparison of ProQR Therapeutics NV's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, ProQR Therapeutics NV'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.


ProQR Therapeutics NV's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



ProQR Therapeutics NV 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, ProQR Therapeutics NV's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=7.932/129.9100*129.9100
=7.932

Current CPI (Jun. 2024) = 129.9100.

ProQR Therapeutics NV Quarterly Data

Book Value per Share CPI Adj_Book
201409 82.445 99.960 107.147
201412 85.258 99.050 111.821
201503 77.700 99.750 101.193
201506 76.675 100.230 99.380
201509 77.687 100.500 100.421
201512 72.047 99.730 93.850
201603 65.848 100.310 85.279
201606 63.132 100.260 81.802
201609 57.103 100.570 73.762
201612 49.497 100.710 63.848
201703 38.594 101.440 49.426
201706 30.991 101.370 39.716
201709 27.820 102.030 35.422
201712 28.660 101.970 36.513
201803 20.736 102.470 26.289
201806 16.440 103.100 20.715
201809 57.827 103.950 72.268
201812 53.393 103.970 66.714
201903 45.723 105.370 56.372
201906 39.398 105.840 48.358
201909 33.452 106.700 40.729
201912 39.736 106.800 48.334
202003 42.452 106.850 51.614
202006 41.520 107.510 50.171
202009 35.609 107.880 42.881
202012 27.519 107.850 33.148
202103 23.693 108.870 28.272
202106 42.233 109.670 50.027
202109 43.722 110.790 51.267
202112 37.012 114.010 42.174
202203 30.983 119.460 33.693
202206 26.037 119.050 28.412
202209 18.100 126.890 18.531
202212 17.138 124.940 17.820
202303 14.070 124.720 14.655
202306 11.885 125.830 12.270
202309 10.615 127.160 10.845
202312 9.417 126.450 9.675
202403 7.692 128.580 7.772
202406 7.932 129.910 7.932

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


ProQR Therapeutics NV  (MEX:PRQR) 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.

ProQR Therapeutics NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.00/44.57
=0.81

* 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 ProQR Therapeutics NV was 0.92. The lowest was 0.42. And the median was 0.68.


Be Aware

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


ProQR Therapeutics NV Cyclically Adjusted Book per Share Related Terms

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


ProQR Therapeutics NV Business Description

Industry
Traded in Other Exchanges
Address
Zernikedreef 9, Leiden, ZH, NLD, 2333 CK
ProQR Therapeutics NV is a biopharmaceutical company. It discovers and develops RNA therapeutics for patients with severe genetic rare diseases such as cystic fibrosis, Leber's congenital amaurosis type 10 and dyastrophic epidermolysis bullosa.