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WuXi PharmaTech (Cayman) (FRA:3W11) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is WuXi PharmaTech (Cayman) 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


WuXi PharmaTech (Cayman) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for WuXi PharmaTech (Cayman)'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.

WuXi PharmaTech (Cayman) Cyclically Adjusted PB Ratio Chart

WuXi PharmaTech (Cayman) Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
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WuXi PharmaTech (Cayman) Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of WuXi PharmaTech (Cayman)'s Cyclically Adjusted PB Ratio

For the Diagnostics & Research subindustry, WuXi PharmaTech (Cayman)'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.


WuXi PharmaTech (Cayman)'s Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, WuXi PharmaTech (Cayman)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where WuXi PharmaTech (Cayman)'s Cyclically Adjusted PB Ratio falls into.



WuXi PharmaTech (Cayman) 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.

WuXi PharmaTech (Cayman)'s Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, WuXi PharmaTech (Cayman)'s adjusted Book Value per Share data for the three months ended in Sep. 2015 was:

Adj_Book=Book Value per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=11.334/100.5000*100.5000
=11.334

Current CPI (Sep. 2015) = 100.5000.

WuXi PharmaTech (Cayman) Quarterly Data

Book Value per Share CPI Adj_Book
200512 0.034 75.666 0.045
200603 0.000 76.340 0.000
200606 0.000 76.034 0.000
200609 0.000 76.413 0.000
200612 -0.024 77.793 -0.031
200703 -1.286 78.884 -1.638
200706 -0.851 79.357 -1.078
200709 2.703 81.276 3.342
200712 2.807 82.911 3.402
200803 3.040 85.485 3.574
200806 3.171 85.058 3.747
200809 3.573 85.057 4.222
200812 2.582 83.956 3.091
200903 2.772 84.457 3.299
200906 2.611 83.615 3.138
200909 2.647 84.369 3.153
200912 2.792 85.386 3.286
201003 3.171 86.316 3.692
201006 3.726 85.886 4.360
201009 4.014 87.267 4.623
201012 4.235 89.289 4.767
201103 4.217 91.154 4.649
201106 4.352 91.612 4.774
201109 4.861 92.711 5.269
201112 5.390 92.885 5.832
201203 5.581 94.367 5.944
201206 6.054 93.495 6.508
201209 6.063 94.482 6.449
201212 6.282 95.237 6.629
201303 6.602 96.372 6.885
201306 6.921 95.984 7.247
201309 7.280 97.332 7.517
201312 7.498 97.624 7.719
201403 7.286 98.600 7.426
201406 7.243 98.200 7.413
201409 8.272 98.900 8.406
201412 8.993 99.000 9.129
201503 10.451 99.900 10.514
201506 10.606 99.500 10.713
201509 11.334 100.500 11.334

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.


WuXi PharmaTech (Cayman)  (FRA:3W11) 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.


WuXi PharmaTech (Cayman) Cyclically Adjusted PB Ratio Related Terms

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WuXi PharmaTech (Cayman) (FRA:3W11) Business Description

Traded in Other Exchanges
N/A
Address
WuXi PharmaTech (Cayman) Inc was incorporated on March 16, 2007 and commenced operations and began offering pharmaceutical and biotechnology R&D outsourcing services in 2001. The Company is a pharmaceutical, biotechnology and medical device R&D services company, with operations in China and the United States. It provides a portfolio of laboratory and manufacturing services throughout the drug and medical device R&D process to its customers, which includes pharmaceutical, biotechnology and medical device companies. Its services are designed to assist its customers in shortening the cycle and lowering the cost of pharmaceutical and medical device R&D by providing cost-effective and efficient outsourcing solutions. Its primary China-based facilities include 1,127,000 square feet of facilities in the China (Shanghai) Pilot Free Trade Zone used for synthetic chemistry, biology, medicinal chemistry, DMPK, formulation, analytical development, manufacturing process chemistry, research manufacturing, bioanalytical services, genomics, and biologics drug discovery and development; an R&D center in Tianjin engaged in synthetic chemistry and medicinal chemistry; a facility in Wuhan providing services in synthetic chemistry and medicinal chemistry; a small-scale cGMP clinical manufacturing facility and a large-scale cGMP commercial manufacturing plant in the Jinshan district of Shanghai; a large-scale non-GMP manufacturing plant in Changzhou; a preclinical toxicology facility in Suzhou; a laboratory for manufacturing research reagents in Suzhou; and a biologics manufacturing facility in Wuxi. It also offers services in biologics and medical device testing in three FDA-registered facilities in the United States. The Company has two segments: Laboratory services and Manufacturing services. Laboratory services are provided for pharmaceutical, biotechnology and medical device companies. China-based laboratory services for pharmaceutical and biotechnology companies include services for small molecules, such as synthetic chemistry, biology, medicinal chemistry, DMPK/ADME, formulation, analytical chemistry, toxicology, clinical development, bioanalytical services, genomics, research reagent production, and clinical services, as well as services for discovery and development of biologics. U.S.-based laboratory services include testing services for biologics, medical devices, and combination products. Manufacturing services include the development of manufacturing processes and the production of intermediates and active pharmaceutical ingredients, or APIs, for use by pharmaceutical companies in preclinical and clinical trials of small-molecule products and in commercial products, as well as the production of biologics. The Company offers testing and development services to ensure that a medical device is manufactured, packaged and sterilized in accordance with GMP guidelines. Its in vivo and in vitro toxicology testing includes biocompatibility or safe

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