GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Ephraim Resources Ltd (ASX:EPA) » Definitions » Cyclically Adjusted PB Ratio

Ephraim Resources (ASX:EPA) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


View and export this data going back to 1989. Start your Free Trial

What is Ephraim Resources Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ephraim Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ephraim Resources's Cyclically Adjusted PB Ratio 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.

Ephraim Resources Cyclically Adjusted PB Ratio Chart

Ephraim Resources Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Ephraim Resources Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
Cyclically Adjusted PB Ratio 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 - - - - -

Competitive Comparison of Ephraim Resources's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Ephraim Resources'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.


Ephraim Resources's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Ephraim Resources Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Ephraim Resources's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun18 is calculated as:

For example, Ephraim Resources's adjusted Book Value per Share data for the fiscal year that ended in Jun18 was:

Adj_Book=Book Value per Share/CPI of Jun18 (Change)*Current CPI (Jun18)
=-0.001/104.9454*104.9454
=-0.001

Current CPI (Jun18) = 104.9454.

Ephraim Resources Annual Data

Book Value per Share CPI Adj_Book
200906 3.234 86.278 3.934
201006 2.796 88.971 3.298
201106 2.363 92.129 2.692
201206 0.001 93.244 0.001
201306 0.002 95.473 0.002
201406 0.002 98.352 0.002
201506 0.002 99.838 0.002
201606 0.001 100.859 0.001
201706 0.000 102.809 0.000
201806 -0.001 104.945 -0.001

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


Ephraim Resources  (ASX:EPA) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Ephraim Resources Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Ephraim Resources's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ephraim Resources (ASX:EPA) Business Description

Traded in Other Exchanges
N/A
Address
C/- Nexia Perth, 88 William Street, Level 3, Perth, WA, AUS, 6000
Ephraim Resources Ltd is an Australia-based company involved in agricultural biogenetics research and experimentation, licensing and consultancy, with a focus on nipah palm breeding, tissue culture, cultivation and plantation, and producing sugar syrup from nipah palm sap.

Ephraim Resources (ASX:EPA) Headlines

No Headlines