GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » United Laboratories International Holdings Ltd (FRA:UNJ) » Definitions » Cyclically Adjusted PB Ratio

United Laboratories International Holdings (FRA:UNJ) Cyclically Adjusted PB Ratio : 1.82 (As of May. 14, 2024)


View and export this data going back to 2007. Start your Free Trial

What is United Laboratories International Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-14), United Laboratories International Holdings's current share price is €1.13. United Laboratories International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €0.62. United Laboratories International Holdings's Cyclically Adjusted PB Ratio for today is 1.82.

The historical rank and industry rank for United Laboratories International Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:UNJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.26   Max: 2.33
Current: 1.88

During the past 13 years, United Laboratories International Holdings's highest Cyclically Adjusted PB Ratio was 2.33. The lowest was 0.68. And the median was 1.26.

FRA:UNJ's Cyclically Adjusted PB Ratio is ranked worse than
51.81% of 664 companies
in the Drug Manufacturers industry
Industry Median: 1.875 vs FRA:UNJ: 1.88

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.

United Laboratories International Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was €0.900. 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 €0.62 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Laboratories International Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for United Laboratories International Holdings'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.

United Laboratories International Holdings Cyclically Adjusted PB Ratio Chart

United Laboratories International Holdings 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 1.27 1.22 0.91 0.97 1.28

United Laboratories International Holdings 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 0.91 - 0.97 - 1.28

Competitive Comparison of United Laboratories International Holdings's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, United Laboratories International Holdings'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.


United Laboratories International Holdings's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, United Laboratories International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where United Laboratories International Holdings's Cyclically Adjusted PB Ratio falls into.



United Laboratories International Holdings 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.

United Laboratories International Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.13/0.62
=1.82

* 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.

United Laboratories International Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, United Laboratories International Holdings'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)
=0.9/117.2957*117.2957
=0.900

Current CPI (Dec23) = 117.2957.

United Laboratories International Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 0.449 99.707 0.528
201512 0.492 102.015 0.566
201612 0.450 103.225 0.511
201712 0.429 104.984 0.479
201812 0.477 107.622 0.520
201912 0.522 110.700 0.553
202012 0.588 109.711 0.629
202112 0.708 112.349 0.739
202212 0.791 114.548 0.810
202312 0.900 117.296 0.900

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.


United Laboratories International Holdings  (FRA:UNJ) 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.


United Laboratories International Holdings Cyclically Adjusted PB Ratio Related Terms

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


United Laboratories International Holdings (FRA:UNJ) Business Description

Traded in Other Exchanges
Address
No. 6 Fuk Wang Street, Yuen Long Industrial Estate, New Territories, Hong Kong, HKG
United Laboratories International Holdings Ltd is a major drug manufacturing company. United Laboratories is organized into three revenue streams, including Intermediate products, Bulk medicine, and Finished products. The company's Finished products segment includes antibiotic products, insulin series products, and other medicines. The vast majority of the company's revenue is derived from its Bulk medicine segment, followed by Finished products. Most of the company's sales are generated in China, followed by Europe and India.

United Laboratories International Holdings (FRA:UNJ) Headlines

No Headlines