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Kiora Pharmaceuticals (FRA:7EY) Cyclically Adjusted Book per Share : €-1,977.28 (As of Mar. 2024)


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What is Kiora 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.

Kiora Pharmaceuticals's adjusted book value per share for the three months ended in Mar. 2024 was €11.007. 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 €-1,977.28 for the trailing ten years ended in Mar. 2024.

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), Kiora Pharmaceuticals's current stock price is €0.4208. Kiora Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €-1,977.28. Kiora Pharmaceuticals's Cyclically Adjusted PB Ratio of today is .


Kiora Pharmaceuticals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kiora 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.

* Premium members only.

Kiora Pharmaceuticals Cyclically Adjusted Book per Share Chart

Kiora Pharmaceuticals 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 - - - -4,246.69 -3,389.98

Kiora Pharmaceuticals 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 -5,141.41 -4,856.46 -4,517.00 -3,389.98 -1,977.28

Competitive Comparison of Kiora Pharmaceuticals's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, Kiora 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.


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

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

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



Kiora 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, Kiora Pharmaceuticals'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)
=11.007/131.7762*131.7762
=11.007

Current CPI (Mar. 2024) = 131.7762.

Kiora Pharmaceuticals Quarterly Data

Book Value per Share CPI Adj_Book
201406 -26,941.406 100.560 -35,304.831
201409 -28,070.313 100.428 -36,832.423
201412 -29,656.250 99.070 -39,446.853
201503 1,671.186 99.621 2,210.601
201506 678.333 100.684 887.810
201509 5,444.366 100.392 7,146.400
201512 3,935.211 99.792 5,196.459
201603 3,887.662 100.470 5,099.027
201606 3,468.072 101.688 4,494.226
201609 1,624.157 101.861 2,101.150
201612 -165.957 101.863 -214.693
201703 -533.333 102.862 -683.250
201706 1,274.608 103.349 1,625.200
201709 178.683 104.136 226.111
201712 -508.750 104.011 -644.558
201803 1,337.500 105.290 1,673.962
201806 1,477.325 106.317 1,831.096
201809 1,183.209 106.507 1,463.934
201812 968.557 105.998 1,204.107
201903 1,052.725 107.251 1,293.459
201906 886.288 108.070 1,080.709
201909 561.329 108.329 682.823
201912 526.037 108.420 639.357
202003 656.265 108.902 794.113
202006 538.911 108.767 652.914
202009 393.852 109.815 472.616
202012 518.341 109.897 621.538
202103 540.314 111.754 637.116
202106 440.010 114.631 505.820
202109 420.713 115.734 479.028
202112 366.742 117.630 410.848
202203 290.563 121.301 315.655
202206 228.347 125.017 240.693
202209 88.631 125.227 93.267
202212 53.950 125.222 56.774
202303 44.483 127.348 46.030
202306 16.399 128.729 16.787
202309 8.887 129.860 9.018
202312 6.544 129.419 6.663
202403 11.007 131.776 11.007

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


Kiora Pharmaceuticals  (FRA:7EY) 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.


Kiora Pharmaceuticals Cyclically Adjusted Book per Share Related Terms

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


Kiora Pharmaceuticals (FRA:7EY) Business Description

Industry
Traded in Other Exchanges
Address
332 Encinitas Blvd, Suite 102, Encinitas, CA, USA, 92024
Kiora Pharmaceuticals Inc is a clinical-stage specialty pharmaceutical company. It focuses on developing and commercializing products for treating diseases and disorders of the eye. It operates in one reportable segment operations and manages.

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