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Abliva AB (OSTO:ABLI) Cyclically Adjusted PB Ratio : 0.09 (As of Jun. 10, 2024)


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What is Abliva AB Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Abliva AB's current share price is kr0.174. Abliva AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr1.88. Abliva AB's Cyclically Adjusted PB Ratio for today is 0.09.

The historical rank and industry rank for Abliva AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

OSTO:ABLI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.22   Max: 0.96
Current: 0.09

During the past years, Abliva AB's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.06. And the median was 0.22.

OSTO:ABLI's Cyclically Adjusted PB Ratio is ranked better than
87.9% of 661 companies
in the Biotechnology industry
Industry Median: 1.67 vs OSTO:ABLI: 0.09

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.

Abliva AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr0.050. 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 kr1.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abliva AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Abliva AB'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.

Abliva AB Cyclically Adjusted PB Ratio Chart

Abliva AB 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 0.54 0.33 0.26 0.08 0.12

Abliva AB 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 0.11 0.10 0.12 0.12 0.09

Competitive Comparison of Abliva AB's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Abliva AB'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.


Abliva AB's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Abliva AB 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.

Abliva AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.174/1.88
=0.09

* 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.

Abliva AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Abliva AB'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)
=0.05/132.2054*132.2054
=0.050

Current CPI (Mar. 2024) = 132.2054.

Abliva AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.673 100.432 4.835
201409 3.575 100.161 4.719
201412 2.937 100.225 3.874
201503 4.309 99.950 5.700
201506 5.200 99.995 6.875
201509 3.795 100.228 5.006
201512 3.627 100.276 4.782
201603 3.428 100.751 4.498
201606 3.237 101.019 4.236
201609 2.702 101.138 3.532
201612 2.483 102.022 3.218
201703 2.268 102.022 2.939
201706 1.871 102.752 2.407
201709 1.733 103.279 2.218
201712 1.520 103.793 1.936
201803 1.320 103.962 1.679
201806 1.214 104.875 1.530
201809 1.070 105.679 1.339
201812 0.934 105.912 1.166
201903 1.003 105.886 1.252
201906 0.893 106.742 1.106
201909 0.813 107.214 1.003
201912 0.671 107.766 0.823
202003 0.584 106.563 0.725
202006 0.478 107.498 0.588
202009 0.505 107.635 0.620
202012 0.292 108.296 0.356
202103 0.392 108.360 0.478
202106 0.398 108.928 0.483
202109 0.189 110.338 0.226
202112 0.101 112.486 0.119
202203 0.049 114.825 0.056
202206 0.180 118.384 0.201
202209 0.172 122.296 0.186
202212 0.156 126.365 0.163
202303 0.141 127.042 0.147
202306 0.122 129.407 0.125
202309 0.091 130.224 0.092
202312 0.067 131.912 0.067
202403 0.050 132.205 0.050

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.


Abliva AB  (OSTO:ABLI) 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.


Abliva AB Cyclically Adjusted PB Ratio Related Terms

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


Abliva AB (OSTO:ABLI) Business Description

Industry
Traded in Other Exchanges
Address
Scheeletorget 1, Medicon Village, Lund, SWE, 223 81
Abliva AB is a Swedish company that is active in pharmaceutical development. It develops medicines for the treatment of primary mitochondrial diseases. These congenital, rare, and often very severe diseases occur when the cell's energy provider, the mitochondria, does not function properly. The portfolio includes projects at different stages and ranges from the early discovery phase to the clinical phase.

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