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HLOSF (Healios KK) Cyclically Adjusted PB Ratio : (As of Mar. 11, 2025)


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What is Healios KK Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Healios KK Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Healios KK'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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Healios KK Cyclically Adjusted PB Ratio Chart

Healios KK Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.89 0.94

Healios KK Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 - 0.89 - - 0.94

Competitive Comparison of Healios KK's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Healios KK'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.


Healios KK's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Healios KK 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.

Healios KK's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Healios KK's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.228/108.2000*108.2000
=0.228

Current CPI (Jun. 2024) = 108.2000.

Healios KK Quarterly Data

Book Value per Share CPI Adj_Book
0.000 0.000
201412 0.562 97.900 0.621
201503 0.000 97.900 0.000
201506 1.818 98.400 1.999
201509 1.996 98.500 2.193
201512 1.897 98.100 2.092
201603 1.579 97.900 1.745
201606 1.572 98.100 1.734
201609 1.517 98.000 1.675
201612 1.263 98.400 1.389
201703 1.587 98.100 1.750
201706 2.593 98.500 2.848
201709 2.575 98.800 2.820
201712 2.914 99.400 3.172
201803 3.002 99.200 3.274
201806 2.425 99.200 2.645
201809 2.279 99.900 2.468
201812 2.600 99.700 2.822
201903 1.823 99.700 1.978
201906 1.721 99.800 1.866
201909 1.873 100.100 2.025
201912 2.205 100.500 2.374
202003 2.415 100.300 2.605
202006 2.123 99.900 2.299
202009 1.744 99.900 1.889
202012 1.463 99.300 1.594
202103 1.267 99.900 1.372
202106 1.000 99.500 1.087
202109 1.737 100.100 1.878
202112 1.376 100.100 1.487
202203 1.037 101.100 1.110
202206 0.604 101.800 0.642
202209 0.542 103.100 0.569
202212 0.514 104.100 0.534
202303 0.453 104.400 0.469
202306 0.360 105.200 0.370
202309 0.508 106.200 0.518
202312 0.359 106.800 0.364
202403 0.274 107.200 0.277
202406 0.228 108.200 0.228

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.


Healios KK  (OTCPK:HLOSF) 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.


Healios KK Cyclically Adjusted PB Ratio Related Terms

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Healios KK Business Description

Industry
Traded in Other Exchanges
Address
World Trade Center Bldg. 15th Floor, 2-4-1 Hamamatsucho, Minato-ku, Tokyo, JPN, 105-6115
Healios KK is involved in development and sales of opthalmological surgery adjuvants and research, development and manufacture of cell therapy products and regenerative medicine products. The company is developing treatments for age-related macular degeneration and organ anlage transplantation therapy.