GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Abliva AB (OSTO:ABLI) » Definitions » Cyclically Adjusted Book per Share

Abliva AB (OSTO:ABLI) Cyclically Adjusted Book per Share : kr1.88 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Abliva 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.

Abliva AB's adjusted book value per share for the three months ended in Mar. 2024 was kr0.050. 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 kr1.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Abliva AB's average Cyclically Adjusted Book Growth Rate was -12.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.90% 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 Abliva AB was -3.00% per year. The lowest was -4.30% per year. And the median was -3.90% per year.

As of today (2024-06-10), Abliva AB's current stock price is kr0.174. Abliva AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr1.88. Abliva AB's Cyclically Adjusted PB Ratio of today is 0.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Abliva AB was 0.96. The lowest was 0.06. And the median was 0.22.


Abliva AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Abliva 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.

Abliva AB Cyclically Adjusted Book per Share Chart

Abliva 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 2.41 2.29 2.21 2.20 2.01

Abliva 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 2.15 2.12 2.07 2.01 1.88

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

For the Biotechnology subindustry, Abliva 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.


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

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

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



Abliva 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, Abliva 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)
=0.05/132.2054*132.2054
=0.050

Current CPI (Mar. 2024) = 132.2054.

Abliva AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.673 100.432 4.835
201409 3.575 100.161 4.719
201412 2.937 100.225 3.874
201503 4.309 99.950 5.700
201506 5.200 99.995 6.875
201509 3.795 100.228 5.006
201512 3.627 100.276 4.782
201603 3.428 100.751 4.498
201606 3.237 101.019 4.236
201609 2.702 101.138 3.532
201612 2.483 102.022 3.218
201703 2.268 102.022 2.939
201706 1.871 102.752 2.407
201709 1.733 103.279 2.218
201712 1.520 103.793 1.936
201803 1.320 103.962 1.679
201806 1.214 104.875 1.530
201809 1.070 105.679 1.339
201812 0.934 105.912 1.166
201903 1.003 105.886 1.252
201906 0.893 106.742 1.106
201909 0.813 107.214 1.003
201912 0.671 107.766 0.823
202003 0.584 106.563 0.725
202006 0.478 107.498 0.588
202009 0.505 107.635 0.620
202012 0.292 108.296 0.356
202103 0.392 108.360 0.478
202106 0.398 108.928 0.483
202109 0.189 110.338 0.226
202112 0.101 112.486 0.119
202203 0.049 114.825 0.056
202206 0.180 118.384 0.201
202209 0.172 122.296 0.186
202212 0.156 126.365 0.163
202303 0.141 127.042 0.147
202306 0.122 129.407 0.125
202309 0.091 130.224 0.092
202312 0.067 131.912 0.067
202403 0.050 132.205 0.050

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


Abliva AB  (OSTO:ABLI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.174/1.88
=0.09

* 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 Abliva AB was 0.96. The lowest was 0.06. And the median was 0.22.


Be Aware

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


Abliva AB Cyclically Adjusted Book per Share Related Terms

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


Abliva AB (OSTO:ABLI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Abliva AB (OSTO:ABLI) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Scheeletorget 1, Medicon Village, Lund, SWE, 223 81
Abliva AB is a Swedish company that is active in pharmaceutical development. It develops medicines for the treatment of primary mitochondrial diseases. These congenital, rare, and often very severe diseases occur when the cell's energy provider, the mitochondria, does not function properly. The portfolio includes projects at different stages and ranges from the early discovery phase to the clinical phase.

Abliva AB (OSTO:ABLI) Headlines

No Headlines