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Kidswell Bio (TSE:4584) Cyclically Adjusted Book per Share : 円92.93 (As of Dec. 2023)


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What is Kidswell Bio 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.

Kidswell Bio's adjusted book value per share for the three months ended in Dec. 2023 was 円37.566. 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 円92.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kidswell Bio's average Cyclically Adjusted Book Growth Rate was -5.80% 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 (2024-06-11), Kidswell Bio's current stock price is 円134.00. Kidswell Bio's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円92.93. Kidswell Bio's Cyclically Adjusted PB Ratio of today is 1.44.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Kidswell Bio was 4.80. The lowest was 1.32. And the median was 2.46.


Kidswell Bio Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kidswell Bio'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.

Kidswell Bio Cyclically Adjusted Book per Share Chart

Kidswell Bio Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 99.34 96.92

Kidswell Bio Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 98.63 96.92 95.52 94.13 92.93

Competitive Comparison of Kidswell Bio's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, Kidswell Bio'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.


Kidswell Bio's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Kidswell Bio 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, Kidswell Bio's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=37.566/106.8000*106.8000
=37.566

Current CPI (Dec. 2023) = 106.8000.

Kidswell Bio Quarterly Data

Book Value per Share CPI Adj_Book
201403 110.402 95.700 123.207
201406 90.681 98.000 98.824
201409 71.524 98.500 77.551
201412 46.190 97.900 50.389
201503 28.263 97.900 30.832
201506 35.150 98.400 38.151
201509 36.237 98.500 39.290
201512 64.942 98.100 70.701
201603 34.942 97.900 38.119
201606 195.194 98.100 212.505
201609 171.452 98.000 186.848
201612 182.811 98.400 198.417
201703 182.915 98.100 199.137
201706 177.038 98.500 191.956
201709 160.817 98.800 173.839
201712 156.567 99.400 168.223
201803 136.081 99.200 146.507
201806 130.734 99.200 140.750
201809 130.068 99.900 139.052
201812 132.430 99.700 141.861
201903 134.265 99.700 143.826
201906 95.642 99.800 102.350
201909 81.154 100.100 86.586
201912 68.877 100.500 73.195
202003 53.800 100.300 57.287
202006 62.511 99.900 66.829
202009 50.630 99.900 54.127
202012 52.088 99.300 56.022
202103 54.363 99.900 58.118
202106 54.623 99.500 58.631
202109 63.585 100.100 67.841
202112 68.009 100.100 72.561
202203 54.168 101.100 57.222
202206 52.265 101.800 54.832
202209 54.010 103.100 55.948
202212 52.682 104.100 54.048
202303 38.475 104.400 39.359
202306 23.977 105.200 24.342
202309 30.000 106.200 30.169
202312 37.566 106.800 37.566

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


Kidswell Bio  (TSE:4584) 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.

Kidswell Bio's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=134.00/92.93
=1.44

* 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 Kidswell Bio was 4.80. The lowest was 1.32. And the median was 2.46.


Be Aware

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


Kidswell Bio Cyclically Adjusted Book per Share Related Terms

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


Kidswell Bio (TSE:4584) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-2-12, Shinkawa, Kanayama Building, 3rd Floor, Chuo-ku, Tokyo, JPN, 104-0033
Kidswell Bio Corp is a biopharmaceutical company engaged in the discovery and development of drugs.

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