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Panacos Pharmaceuticals (Panacos Pharmaceuticals) Cyclically Adjusted Book per Share : $0.00 (As of Sep. 2008)


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What is Panacos Pharmaceuticals 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.

Panacos Pharmaceuticals's adjusted book value per share for the three months ended in Sep. 2008 was $0.098. 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 $0.00 for the trailing ten years ended in Sep. 2008.

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 (2024-06-20), Panacos Pharmaceuticals's current stock price is $0.0001. Panacos Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2008 was $0.00. Panacos Pharmaceuticals's Cyclically Adjusted PB Ratio of today is .


Panacos Pharmaceuticals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Panacos Pharmaceuticals'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.

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Panacos Pharmaceuticals Cyclically Adjusted Book per Share Chart

Panacos Pharmaceuticals Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Cyclically Adjusted Book per Share
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Panacos Pharmaceuticals Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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Competitive Comparison of Panacos Pharmaceuticals's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, Panacos Pharmaceuticals'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.


Panacos Pharmaceuticals's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Panacos Pharmaceuticals 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, Panacos Pharmaceuticals's adjusted Book Value per Share data for the three months ended in Sep. 2008 was:

Adj_Book= Book Value per Share /CPI of Sep. 2008 (Change)*Current CPI (Sep. 2008)
=0.098/92.3069*92.3069
=0.098

Current CPI (Sep. 2008) = 92.3069.

Panacos Pharmaceuticals Quarterly Data

Book Value per Share CPI Adj_Book
199812 43.369 69.151 57.891
199903 43.826 69.615 58.111
199906 41.328 70.122 54.403
199909 25.387 70.839 33.081
199912 28.065 71.008 36.483
200003 27.944 72.231 35.711
200006 25.456 72.737 32.305
200009 22.999 73.286 28.968
200012 22.655 73.413 28.486
200103 22.634 74.341 28.104
200106 16.268 75.100 19.995
200109 15.258 75.227 18.722
200112 14.417 74.552 17.851
200203 12.714 75.438 15.557
200206 10.304 75.902 12.531
200209 7.679 76.366 9.282
200212 5.647 76.324 6.830
200303 2.857 77.716 3.393
200306 4.400 77.505 5.240
200309 2.769 78.138 3.271
200312 2.306 77.758 2.737
200403 2.906 79.066 3.393
200406 2.381 80.037 2.746
200409 1.733 80.121 1.997
200412 -4.855 80.290 -5.582
200503 3.442 81.555 3.896
200506 0.325 82.062 0.366
200509 0.210 83.876 0.231
200512 1.739 83.032 1.933
200603 1.598 84.298 1.750
200606 1.417 85.606 1.528
200609 1.281 85.606 1.381
200612 1.110 85.142 1.203
200703 0.944 86.640 1.006
200706 0.816 87.906 0.857
200709 0.693 87.964 0.727
200712 0.539 88.616 0.561
200803 0.401 90.090 0.411
200806 0.235 92.320 0.235
200809 0.098 92.307 0.098

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


Panacos Pharmaceuticals  (GREY:PANC) 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.


Be Aware

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


Panacos Pharmaceuticals Cyclically Adjusted Book per Share Related Terms

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


Panacos Pharmaceuticals (Panacos Pharmaceuticals) Business Description

Traded in Other Exchanges
N/A
Address
134 Coolidge Avenue, Watertown, MA, USA, 02472
Panacos Pharmaceuticals Inc is a biotechnology company that seeks to develop next generation anti-infective products through the discovery and development of small-molecule oral drugs designed to treat HIV and other human viral diseases.

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