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Abbott Laboratories (Pakistan) (KAR:ABOT) Cyclically Adjusted PB Ratio : 3.95 (As of Jun. 13, 2024)


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What is Abbott Laboratories (Pakistan) Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Abbott Laboratories (Pakistan)'s current share price is ₨680.42. Abbott Laboratories (Pakistan)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨172.13. Abbott Laboratories (Pakistan)'s Cyclically Adjusted PB Ratio for today is 3.95.

The historical rank and industry rank for Abbott Laboratories (Pakistan)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

KAR:ABOT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.1   Med: 2.77   Max: 4.74
Current: 4.01

During the past years, Abbott Laboratories (Pakistan)'s highest Cyclically Adjusted PB Ratio was 4.74. The lowest was 2.10. And the median was 2.77.

KAR:ABOT's Cyclically Adjusted PB Ratio is ranked worse than
75.9% of 751 companies
in the Drug Manufacturers industry
Industry Median: 1.88 vs KAR:ABOT: 4.01

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.

Abbott Laboratories (Pakistan)'s adjusted book value per share data for the three months ended in Mar. 2024 was ₨202.641. 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 ₨172.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abbott Laboratories (Pakistan) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Abbott Laboratories (Pakistan)'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.

Abbott Laboratories (Pakistan) Cyclically Adjusted PB Ratio Chart

Abbott Laboratories (Pakistan) 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 - - - 2.93 2.75

Abbott Laboratories (Pakistan) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.57 2.27 2.09 2.75 2.78

Competitive Comparison of Abbott Laboratories (Pakistan)'s Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Abbott Laboratories (Pakistan)'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.


Abbott Laboratories (Pakistan)'s Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Abbott Laboratories (Pakistan)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Abbott Laboratories (Pakistan)'s Cyclically Adjusted PB Ratio falls into.



Abbott Laboratories (Pakistan) 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.

Abbott Laboratories (Pakistan)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=680.42/172.13
=3.95

* 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.

Abbott Laboratories (Pakistan)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Abbott Laboratories (Pakistan)'s adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=202.641/131.7762*131.7762
=202.641

Current CPI (Mar. 2024) = 131.7762.

Abbott Laboratories (Pakistan) Quarterly Data

Book Value per Share CPI Adj_Book
201406 99.134 100.560 129.908
201409 103.182 100.428 135.390
201412 111.048 99.070 147.709
201503 112.110 99.621 148.296
201506 121.505 100.684 159.027
201509 121.209 100.392 159.102
201512 132.270 99.792 174.663
201603 119.748 100.470 157.061
201606 129.830 101.688 168.245
201609 131.592 101.861 170.239
201612 149.062 101.863 192.836
201703 156.378 102.862 200.335
201706 136.436 103.349 173.964
201709 137.897 104.136 174.499
201712 146.637 104.011 185.781
201803 123.149 105.290 154.128
201806 129.805 106.317 160.889
201809 128.359 106.507 158.813
201812 135.189 105.998 168.066
201903 128.799 107.251 158.252
201906 130.953 108.070 159.680
201909 134.012 108.329 163.018
201912 136.592 108.420 166.017
202003 138.196 108.902 167.224
202006 151.334 108.767 183.348
202009 146.694 109.815 176.031
202012 159.246 109.897 190.950
202103 149.276 111.754 176.020
202106 168.355 114.631 193.535
202109 161.060 115.734 183.384
202112 177.268 117.630 198.587
202203 172.375 121.301 187.261
202206 176.250 125.017 185.779
202209 169.758 125.227 178.637
202212 174.729 125.222 183.875
202303 173.178 127.348 179.200
202306 167.944 128.729 171.920
202309 168.718 129.860 171.208
202312 186.285 129.419 189.677
202403 202.641 131.776 202.641

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.


Abbott Laboratories (Pakistan)  (KAR:ABOT) 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.


Abbott Laboratories (Pakistan) Cyclically Adjusted PB Ratio Related Terms

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


Abbott Laboratories (Pakistan) (KAR:ABOT) Business Description

Traded in Other Exchanges
N/A
Address
Hyderabad Road, Landhi, P.O. Box 7229, Plot No. 258 & 324, Opposite Radio Pakistan Transmission Centre, Karachi, PAK, 75120
Abbott Laboratories (Pakistan) Ltd is engaged in manufacturing, importing, and marketing research-based pharmaceutical, nutritional, diagnostic, diabetes care, molecular devices, hospital, and consumer products. Its operating segments are Pharmaceutical, Nutritional, Diagnostics, and Others. It generates maximum revenue from the Pharmaceutical segment. Geographically, it derives the majority of its revenue from Pakistan and also has a presence in Afghanistan, Sri Lanka, Bangladesh, and Switzerland. Its Brands include Duphaston, Surbex Z, Serc, Duphala, Pediasur, Similac, and others.

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