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Vivoryon Therapeutics NV (FRA:05Y) Cyclically Adjusted PB Ratio : 1.54 (As of Jun. 07, 2024)


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What is Vivoryon Therapeutics NV Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Vivoryon Therapeutics NV's current share price is €2.62. Vivoryon Therapeutics NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €1.70. Vivoryon Therapeutics NV's Cyclically Adjusted PB Ratio for today is 1.54.

The historical rank and industry rank for Vivoryon Therapeutics NV's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:05Y' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 7.46   Max: 15.04
Current: 1.45

During the past 13 years, Vivoryon Therapeutics NV's highest Cyclically Adjusted PB Ratio was 15.04. The lowest was 0.27. And the median was 7.46.

FRA:05Y's Cyclically Adjusted PB Ratio is ranked better than
54.46% of 661 companies
in the Biotechnology industry
Industry Median: 1.75 vs FRA:05Y: 1.45

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.

Vivoryon Therapeutics NV's adjusted book value per share data of for the fiscal year that ended in Dec23 was €1.008. 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 €1.70 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vivoryon Therapeutics NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vivoryon Therapeutics NV'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.

Vivoryon Therapeutics NV Cyclically Adjusted PB Ratio Chart

Vivoryon Therapeutics NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 6.61 14.92 7.38 4.94

Vivoryon Therapeutics NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 14.92 - 7.38 - 4.94

Competitive Comparison of Vivoryon Therapeutics NV's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Vivoryon Therapeutics NV'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.


Vivoryon Therapeutics NV's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Vivoryon Therapeutics NV 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.

Vivoryon Therapeutics NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.62/1.7
=1.54

* 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.

Vivoryon Therapeutics NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Vivoryon Therapeutics NV's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.008/123.7729*123.7729
=1.008

Current CPI (Dec23) = 123.7729.

Vivoryon Therapeutics NV Annual Data

Book Value per Share CPI Adj_Book
201412 2.314 99.543 2.877
201512 2.125 99.717 2.638
201612 1.961 101.217 2.398
201712 1.066 102.617 1.286
201812 0.147 104.217 0.175
201912 2.136 105.818 2.498
202012 1.313 105.518 1.540
202112 0.826 110.384 0.926
202212 1.100 119.345 1.141
202312 1.008 123.773 1.008

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.


Vivoryon Therapeutics NV  (FRA:05Y) 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.


Vivoryon Therapeutics NV Cyclically Adjusted PB Ratio Related Terms

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Vivoryon Therapeutics NV (FRA:05Y) Business Description

Traded in Other Exchanges
Address
Weinbergweg 22, Halle, SN, DEU, 06120
Vivoryon Therapeutics NV is a Germany-based biopharmaceutical company engaged in the activities of research and development, preclinical and clinical trials. It is focused on the development of therapeutic products for the treatment of Alzheimer's disease and cancer. The company's pipeline products include PQ912 and PQ1565. Geographically, the majority is from Greater China.

Vivoryon Therapeutics NV (FRA:05Y) Headlines

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