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Mendus AB (STU:1YG0) Cyclically Adjusted Book per Share : €3.46 (As of Mar. 2024)


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What is Mendus 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.

Mendus AB's adjusted book value per share for the three months ended in Mar. 2024 was €1.376. 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 €3.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mendus AB's average Cyclically Adjusted Book Growth Rate was 1.60% 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 (2024-06-14), Mendus AB's current stock price is €0.796. Mendus AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.46. Mendus AB's Cyclically Adjusted PB Ratio of today is 0.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mendus AB was 0.89. The lowest was 0.10. And the median was 0.40.


Mendus AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mendus 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.

Mendus AB Cyclically Adjusted Book per Share Chart

Mendus AB Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5.53 6.00 4.24

Mendus 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 5.23 3.98 3.29 4.24 3.46

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

For the Biotechnology subindustry, Mendus 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.


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

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

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



Mendus 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, Mendus 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)
=1.376/132.2054*132.2054
=1.376

Current CPI (Mar. 2024) = 132.2054.

Mendus AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.110 100.432 11.992
201409 8.452 100.161 11.156
201412 7.288 100.225 9.614
201503 6.466 99.950 8.553
201506 5.752 99.995 7.605
201509 4.995 100.228 6.589
201512 4.045 100.276 5.333
201603 3.453 100.751 4.531
201606 9.855 101.019 12.897
201609 8.776 101.138 11.472
201612 0.000 102.022 0.000
201703 5.665 102.022 7.341
201706 4.237 102.752 5.452
201709 2.829 103.279 3.621
201712 12.609 103.793 16.061
201803 5.711 103.962 7.263
201806 4.964 104.875 6.258
201809 4.080 105.679 5.104
201812 -0.649 105.912 -0.810
201903 7.167 105.886 8.948
201906 6.469 106.742 8.012
201909 5.879 107.214 7.249
201912 -0.108 107.766 -0.132
202003 4.425 106.563 5.490
202006 4.088 107.498 5.028
202009 3.683 107.635 4.524
202012 7.204 108.296 8.795
202103 6.748 108.360 8.233
202106 6.539 108.928 7.936
202109 6.259 110.338 7.499
202112 5.907 112.486 6.943
202203 5.518 114.825 6.353
202206 5.228 118.384 5.838
202209 4.799 122.296 5.188
202212 4.323 126.365 4.523
202303 3.979 127.042 4.141
202306 3.779 129.407 3.861
202309 1.471 130.224 1.493
202312 1.460 131.912 1.463
202403 1.376 132.205 1.376

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


Mendus AB  (STU:1YG0) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.796/3.46
=0.23

* 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 Mendus AB was 0.89. The lowest was 0.10. And the median was 0.40.


Be Aware

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


Mendus AB Cyclically Adjusted Book per Share Related Terms

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


Mendus AB (STU:1YG0) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Mendus AB (STU:1YG0) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Vastra Tradgardsgatan 15, Stockholm, SWE, 11153
Mendus AB is a clinical-level biopharmaceutical company that focuses on the development of immunotherapies that address tumor recurrence and difficult-to-treat established tumors. Its operations consist of research and development for pharmaceuticals.

Mendus AB (STU:1YG0) Headlines

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