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ViroPharma, (FRA:VPH) Cyclically Adjusted PB Ratio : (As of Jun. 22, 2024)


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What is ViroPharma, Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ViroPharma, Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ViroPharma,'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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ViroPharma, Cyclically Adjusted PB Ratio Chart

ViroPharma, Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PB Ratio
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ViroPharma, Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of ViroPharma,'s Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, ViroPharma,'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.


ViroPharma,'s Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



ViroPharma, 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.

ViroPharma,'s Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2013 is calculated as:

For example, ViroPharma,'s adjusted Book Value per Share data for the three months ended in Sep. 2013 was:

Adj_Book=Book Value per Share/CPI of Sep. 2013 (Change)*Current CPI (Sep. 2013)
=7.589/98.7900*98.7900
=7.589

Current CPI (Sep. 2013) = 98.7900.

ViroPharma, Quarterly Data

Book Value per Share CPI Adj_Book
200312 -0.233 77.758 -0.296
200403 -0.739 79.066 -0.923
200406 -0.904 80.037 -1.116
200409 -0.999 80.121 -1.232
200412 -0.730 80.290 -0.898
200503 -0.091 81.555 -0.110
200506 0.723 82.062 0.870
200509 1.185 83.876 1.396
200512 4.573 83.032 5.441
200603 3.980 84.298 4.664
200606 4.017 85.606 4.636
200609 4.381 85.606 5.056
200612 4.398 85.142 5.103
200703 4.355 86.640 4.966
200706 3.955 87.906 4.445
200709 4.032 87.964 4.528
200712 4.046 88.616 4.511
200803 3.954 90.090 4.336
200806 4.140 92.320 4.430
200809 4.731 92.307 5.063
200812 6.187 88.697 6.891
200903 6.857 89.744 7.548
200906 5.709 91.003 6.197
200909 5.663 91.120 6.140
200912 6.647 91.111 7.207
201003 6.370 91.821 6.853
201006 7.340 91.962 7.885
201009 7.195 92.162 7.712
201012 7.437 92.474 7.945
201103 6.563 94.283 6.877
201106 7.080 95.235 7.344
201109 7.043 95.727 7.268
201112 8.007 95.213 8.308
201203 7.812 96.783 7.974
201206 9.842 96.819 10.042
201209 9.298 97.633 9.408
201212 8.836 96.871 9.011
201303 8.284 98.209 8.333
201306 8.241 98.518 8.264
201309 7.589 98.790 7.589

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.


ViroPharma,  (FRA:VPH) 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.


ViroPharma, Cyclically Adjusted PB Ratio Related Terms

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ViroPharma, (FRA:VPH) Business Description

Industry
Traded in Other Exchanges
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Address
ViroPharma, Inc. was incorporated in Delaware in September 1994 and commenced operations in December 1994. It is a biotechnology company which develops and commercializes products that address serious diseases, used by physician specialists or in hospital settings. The Company's main development programs include C1 esterase inhibitor and a non-toxigenic strain of C. The Company markets and sells Cinryze in the United States for routine prophylaxis against angioedema attacks in adolescent and adult patients with hereditary angioedema. Cinryze is a C1 esterase inhibitor therapy for routine prophylaxis against HAE, also known as C1 inhibitor deficiency, a rare, severely debilitating, life-threatening genetic disorder. Cinryze was obtained in October 2008, and On 8 January 2010, the company obtained expanded rights to commercialize Cinryze and future C1-INH derived products in certain European countries and other territories throughout the world as well as rights to develop future C1-INH derived products for additional indications. The Company also markets and sells Vancocin HCl capsules, the oral capsule formulation of vancomycin hydrochloride, in the U.S. and its territories. Vancocin is a potent antibiotic approved by the U.S. Food and Drug Administration, or FDA, to treat antibiotic-associated pseudomembranous colitis caused by Clostridium difficile infection, or C. difficile, and enterocolitis caused by Staphylococcus aureus, including methicillin-resistant strains. The Company's product development portfolio is consists of programs such as C1 esterase inhibitor [human], maribavir for cytomegalovirus infection, VP20621: prevention of recurrent CDAD and VP20629: treatment of Friedreich's Ataxia. The Company is working on developing further therapeutic uses; potential additional indications in other C1 mediated diseases, and alternative modes of administration for C1 esterase inhibitor. It is also developing VP20621 for the treatment and prevention of CDAD. On September 30, 2011, it entered into a license agreement for the worldwide rights of Intellect Neurosciences, Inc. to its clinical stage drug candidate, VP-20629, which is a naturally occurring, small molecule that has potent anti-oxidant properties that can protect against neurodegenerative disease. Its main competitors include both public and private entities, including well-known, large pharmaceutical companies, chemical companies, biotechnology companies and research institutions.

ViroPharma, (FRA:VPH) Headlines

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