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Neurologix (Neurologix) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Neurologix Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Neurologix Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Neurologix'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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Neurologix Cyclically Adjusted PB Ratio Chart

Neurologix Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Cyclically Adjusted PB Ratio
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Neurologix Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
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Competitive Comparison of Neurologix's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Neurologix'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.


Neurologix's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Neurologix 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.

Neurologix's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2011 is calculated as:

For example, Neurologix's adjusted Book Value per Share data for the three months ended in Jun. 2011 was:

Adj_Book=Book Value per Share/CPI of Jun. 2011 (Change)*Current CPI (Jun. 2011)
=-0.313/95.2345*95.2345
=-0.313

Current CPI (Jun. 2011) = 95.2345.

Neurologix Quarterly Data

Book Value per Share CPI Adj_Book
200109 2.941 75.227 3.723
200112 2.043 74.552 2.610
200203 1.901 75.438 2.400
200206 1.747 75.902 2.192
200209 1.656 76.366 2.065
200212 1.596 76.324 1.991
200303 1.502 77.716 1.841
200306 1.114 77.505 1.369
200309 1.043 78.138 1.271
200312 0.939 77.758 1.150
200403 0.227 79.066 0.273
200406 0.192 80.037 0.228
200409 0.165 80.121 0.196
200412 0.136 80.290 0.161
200503 0.215 81.555 0.251
200506 0.232 82.062 0.269
200509 0.202 83.876 0.229
200512 0.170 83.032 0.195
200603 0.137 84.298 0.155
200606 0.527 85.606 0.586
200609 0.451 85.606 0.502
200612 0.407 85.142 0.455
200703 0.354 86.640 0.389
200706 0.299 87.906 0.324
200709 0.247 87.964 0.267
200712 0.727 88.616 0.781
200803 0.664 90.090 0.702
200806 0.795 92.320 0.820
200809 0.737 92.307 0.760
200812 0.690 88.697 0.741
200903 0.480 89.744 0.509
200906 0.408 91.003 0.427
200909 0.288 91.120 0.301
200912 0.189 91.111 0.198
201003 0.071 91.821 0.074
201006 -0.081 91.962 -0.084
201009 -0.159 92.162 -0.164
201012 -0.153 92.474 -0.158
201103 -0.223 94.283 -0.225
201106 -0.313 95.235 -0.313

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.


Neurologix  (GREY:NRGXQ) 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.


Neurologix Cyclically Adjusted PB Ratio Related Terms

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Neurologix (Neurologix) Business Description

Traded in Other Exchanges
N/A
Address
One Bridge Plaza, Fort Lee, NJ, USA, 07024
Neurologix Inc is a development stage company that is engaged in the research and development of proprietary treatments for disorders of the brain and central nervous system, using gene transfer and other innovative therapies.

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