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Bioethics (Bioethics) Cyclically Adjusted PB Ratio : (As of Apr. 30, 2024)


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What is Bioethics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bioethics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bioethics'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.

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Bioethics Cyclically Adjusted PB Ratio Chart

Bioethics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Bioethics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Bioethics's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Bioethics'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.


Bioethics's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bioethics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bioethics 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.

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

For example, Bioethics'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)
=-0.684/129.4194*129.4194
=-0.684

Current CPI (Dec. 2023) = 129.4194.

Bioethics Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.095 99.695 -0.123
201406 -0.001 100.560 -0.001
201409 0.000 100.428 0.000
201412 -0.001 99.070 -0.001
201503 -0.002 99.621 -0.003
201506 -0.002 100.684 -0.003
201509 0.004 100.392 0.005
201512 0.000 99.792 0.000
201603 -0.003 100.470 -0.004
201606 -0.007 101.688 -0.009
201609 -0.009 101.861 -0.011
201612 -0.010 101.863 -0.013
201703 -0.011 102.862 -0.014
201706 -0.013 103.349 -0.016
201709 -0.014 104.136 -0.017
201712 -0.016 104.011 -0.020
201803 -0.192 105.290 -0.236
201806 -0.217 106.317 -0.264
201809 -0.229 106.507 -0.278
201812 -0.244 105.998 -0.298
201903 -0.267 107.251 -0.322
201906 -0.284 108.070 -0.340
201909 -0.302 108.329 -0.361
201912 -0.333 108.420 -0.397
202003 -0.365 108.902 -0.434
202006 -0.385 108.767 -0.458
202009 -0.396 109.815 -0.467
202012 -0.422 109.897 -0.497
202103 -0.447 111.754 -0.518
202106 -0.473 114.631 -0.534
202109 -0.495 115.734 -0.554
202112 -0.516 117.630 -0.568
202203 -0.536 121.301 -0.572
202206 -0.560 125.017 -0.580
202209 -0.580 125.227 -0.599
202212 -0.598 125.222 -0.618
202303 -0.619 127.348 -0.629
202306 -0.643 128.729 -0.646
202309 -0.662 129.860 -0.660
202312 -0.684 129.419 -0.684

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.


Bioethics  (OTCPK:BOTH) 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.


Bioethics Cyclically Adjusted PB Ratio Related Terms

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Bioethics (Bioethics) Business Description

Traded in Other Exchanges
N/A
Address
1661 Lakeview Circle, Ogden, UT, USA, 84403
Bioethics Ltd is a shell company.

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