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Sernova (STU:PSH) Cyclically Adjusted PB Ratio : 4.92 (As of Dec. 15, 2024)


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What is Sernova Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Sernova's current share price is €0.1475. Sernova's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2024 was €0.03. Sernova's Cyclically Adjusted PB Ratio for today is 4.92.

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

STU:PSH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 14.71
Current: 4.58

During the past years, Sernova's highest Cyclically Adjusted PB Ratio was 14.71. The lowest was 0.00. And the median was 0.00.

STU:PSH's Cyclically Adjusted PB Ratio is ranked worse than
77.5% of 600 companies
in the Biotechnology industry
Industry Median: 1.545 vs STU:PSH: 4.58

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.

Sernova's adjusted book value per share data for the three months ended in Jul. 2024 was €-0.028. 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 €0.03 for the trailing ten years ended in Jul. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sernova Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sernova'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.

Sernova Cyclically Adjusted PB Ratio Chart

Sernova Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.23 7.81 31.11 16.08 14.05

Sernova Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 16.74 14.05 11.92 8.10 5.38

Competitive Comparison of Sernova's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Sernova'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.


Sernova's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Sernova 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.

Sernova's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1475/0.03
=4.92

* 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.

Sernova's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=-0.028/128.0748*128.0748
=-0.028

Current CPI (Jul. 2024) = 128.0748.

Sernova Quarterly Data

Book Value per Share CPI Adj_Book
201410 0.020 99.473 0.026
201501 0.017 98.209 0.022
201504 0.014 99.710 0.018
201507 0.018 100.579 0.023
201510 0.014 100.500 0.018
201601 0.012 100.184 0.015
201604 0.010 101.370 0.013
201607 0.023 101.844 0.029
201610 0.024 102.002 0.030
201701 0.023 102.318 0.029
201704 0.022 103.029 0.027
201707 0.019 103.029 0.024
201710 0.015 103.424 0.019
201801 0.013 104.056 0.016
201804 0.010 105.320 0.012
201807 0.016 106.110 0.019
201810 0.014 105.952 0.017
201901 0.011 105.557 0.013
201904 0.008 107.453 0.010
201907 0.007 108.243 0.008
201910 0.017 107.927 0.020
202001 0.013 108.085 0.015
202004 0.007 107.216 0.008
202007 0.005 108.401 0.006
202010 0.013 108.638 0.015
202101 0.027 109.192 0.032
202104 0.081 110.851 0.094
202107 0.078 112.431 0.089
202110 0.075 113.695 0.084
202201 0.082 114.801 0.091
202204 0.066 118.357 0.071
202207 0.113 120.964 0.120
202210 0.116 121.517 0.122
202301 0.107 121.596 0.113
202304 0.072 123.571 0.075
202307 0.052 124.914 0.053
202310 0.028 125.310 0.029
202401 0.009 125.072 0.009
202404 -0.012 126.890 -0.012
202407 -0.028 128.075 -0.028

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.


Sernova  (STU:PSH) 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.


Sernova Cyclically Adjusted PB Ratio Related Terms

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


Sernova Business Description

Industry
Traded in Other Exchanges
Address
700 Collip Circle, The Stiller Centre, Suite 114, London, ON, CAN, N6G 4X8
Sernova Corp is a clinical-stage company developing products for the treatment of chronic debilitating diseases. The company is engaged in the research and development of its proprietary Cell Pouch and associated technologies including immune-protected therapeutic cells. The Cell Pouch is is a scalable, implantable medical device designed to create a vascularized organ-like environment for the transplantation and engraftment of therapeutic cells, which then release proteins, hormones or other factors into the bloodstream for the long-term treatment of multiple chronic diseases such as type 1 diabetes, hypothyroid disease, and rare diseases such as hemophilia A.

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