GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Bionomics Ltd (NAS:BNOX) » Definitions » Cyclically Adjusted PB Ratio

Bionomics (Bionomics) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Bionomics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bionomics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bionomics'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.

Bionomics Cyclically Adjusted PB Ratio Chart

Bionomics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.77 2.97 0.78 0.30

Bionomics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 - 0.57 - 0.30 -

Competitive Comparison of Bionomics's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Bionomics'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.


Bionomics's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Bionomics 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.

Bionomics's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bionomics'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)
=1.817/126.3989*126.3989
=1.817

Current CPI (Dec. 2023) = 126.3989.

Bionomics Quarterly Data

Book Value per Share CPI Adj_Book
201312 12.018 97.330 15.607
201403 0.000 97.887 0.000
201406 15.762 98.352 20.257
201409 0.000 98.816 0.000
201412 12.556 99.002 16.031
201503 0.000 99.187 0.000
201506 9.246 99.838 11.706
201509 0.000 100.302 0.000
201512 11.670 100.673 14.652
201603 0.000 100.488 0.000
201606 10.235 100.859 12.827
201609 0.000 101.602 0.000
201612 8.657 102.159 10.711
201703 0.000 102.624 0.000
201706 9.963 102.809 12.249
201709 0.000 103.460 0.000
201712 7.829 104.110 9.505
201803 0.000 104.574 0.000
201806 4.128 104.945 4.972
201809 0.000 105.410 0.000
201812 3.438 105.967 4.101
201903 0.000 105.967 0.000
201906 3.537 106.617 4.193
201909 0.000 107.174 0.000
201912 2.238 107.917 2.621
202003 0.000 108.289 0.000
202006 2.191 106.246 2.607
202009 0.000 107.917 0.000
202012 2.739 108.846 3.181
202103 0.000 109.496 0.000
202106 6.501 110.332 7.448
202109 0.000 111.168 0.000
202112 5.927 112.654 6.650
202203 0.000 115.069 0.000
202206 5.319 117.112 5.741
202209 0.000 119.248 0.000
202212 3.946 121.477 4.106
202303 0.000 123.148 0.000
202306 2.726 124.170 2.775
202312 1.817 126.399 1.817

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.


Bionomics  (NAS:BNOX) 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.


Bionomics Cyclically Adjusted PB Ratio Related Terms

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


Bionomics (Bionomics) Business Description

Industry
Traded in Other Exchanges
Address
200 Greenhill Road, Eastwood, SA, AUS, 5063
Bionomics Ltd is a global, clinical-stage biopharmaceutical company. It is primarily engaged in the development of therapeutics for diseases of the central nervous system and cancer. The company's reportable segment is the Drug Discovery and Development segment which is engaged in the discovery, development, and commercialization of compounds to match a target product profile. The company generates all of its revenues from Australia.