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Eco Animal Health Group (LSE:EAH) Cyclically Adjusted PB Ratio : 0.76 (As of Apr. 30, 2024)


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What is Eco Animal Health Group Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Eco Animal Health Group's current share price is £1.10. Eco Animal Health Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was £1.44. Eco Animal Health Group's Cyclically Adjusted PB Ratio for today is 0.76.

The historical rank and industry rank for Eco Animal Health Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

LSE:EAH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 2.5   Max: 5.45
Current: 0.75

During the past 13 years, Eco Animal Health Group's highest Cyclically Adjusted PB Ratio was 5.45. The lowest was 0.59. And the median was 2.50.

LSE:EAH's Cyclically Adjusted PB Ratio is ranked better than
76.8% of 651 companies
in the Drug Manufacturers industry
Industry Median: 1.76 vs LSE:EAH: 0.75

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.

Eco Animal Health Group's adjusted book value per share data of for the fiscal year that ended in Mar23 was £1.230. 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 £1.44 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eco Animal Health Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eco Animal Health Group'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.

Eco Animal Health Group Cyclically Adjusted PB Ratio Chart

Eco Animal Health Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.51 1.76 2.56 1.21 0.67

Eco Animal Health Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.21 - 0.67 -

Competitive Comparison of Eco Animal Health Group's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Eco Animal Health Group'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.


Eco Animal Health Group's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Eco Animal Health Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eco Animal Health Group's Cyclically Adjusted PB Ratio falls into.



Eco Animal Health Group 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.

Eco Animal Health Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.10/1.44
=0.76

* 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.

Eco Animal Health Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Eco Animal Health Group's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=1.23/126.8000*126.8000
=1.230

Current CPI (Mar23) = 126.8000.

Eco Animal Health Group Annual Data

Book Value per Share CPI Adj_Book
201403 1.131 99.300 1.444
201503 1.160 99.600 1.477
201603 1.282 100.400 1.619
201703 1.434 102.700 1.771
201803 1.232 105.100 1.486
201903 1.158 107.000 1.372
202003 1.091 108.600 1.274
202103 1.210 109.700 1.399
202203 1.212 116.500 1.319
202303 1.230 126.800 1.230

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.


Eco Animal Health Group  (LSE:EAH) 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.


Eco Animal Health Group Cyclically Adjusted PB Ratio Related Terms

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Eco Animal Health Group (LSE:EAH) Business Description

Traded in Other Exchanges
N/A
Address
78 Coombe Road, New Malden, London, Surrey, GBR, KT3 4QS
Eco Animal Health Group PLC is engaged in the manufacture and marketing of animal health products. The company's product portfolio includes Aivlosin - macrolide antibiotic for the treatment of respiratory and enteric diseases in pigs and poultry; Ecomectin, Eco heart, Ecotraz, and Ecomintic for treatment and prevention of parasites in cattle, sheep, pigs, horses, and dogs; and Chlortetracycline and Oxytetracycline for treatment of bacterial infections in pigs, poultry and cattle. The geographical segments of the company include Corporate/UK, China & Japan, North America, South & South East Asia, Latin America, Europe, and the Rest of the World.

Eco Animal Health Group (LSE:EAH) Headlines

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