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Swedish Orphan Biovitrum AB (Swedish Orphan Biovitrum AB) Cyclically Adjusted PB Ratio : 5.11 (As of May. 24, 2024)


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What is Swedish Orphan Biovitrum AB Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Swedish Orphan Biovitrum AB's current share price is $13.59. Swedish Orphan Biovitrum AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.66. Swedish Orphan Biovitrum AB's Cyclically Adjusted PB Ratio for today is 5.11.

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

SWOBY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.94   Med: 5.79   Max: 13.83
Current: 4.93

During the past years, Swedish Orphan Biovitrum AB's highest Cyclically Adjusted PB Ratio was 13.83. The lowest was 3.94. And the median was 5.79.

SWOBY's Cyclically Adjusted PB Ratio is ranked worse than
83.21% of 685 companies
in the Drug Manufacturers industry
Industry Median: 1.9 vs SWOBY: 4.93

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.

Swedish Orphan Biovitrum AB's adjusted book value per share data for the three months ended in Mar. 2024 was $5.071. 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 $2.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swedish Orphan Biovitrum AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Swedish Orphan Biovitrum 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.

Swedish Orphan Biovitrum AB Cyclically Adjusted PB Ratio Chart

Swedish Orphan Biovitrum 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 5.96 5.68 5.18 4.63 4.95

Swedish Orphan Biovitrum 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 4.97 4.10 4.35 4.95 4.76

Competitive Comparison of Swedish Orphan Biovitrum AB's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Swedish Orphan Biovitrum 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.


Swedish Orphan Biovitrum AB's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Swedish Orphan Biovitrum 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.

Swedish Orphan Biovitrum AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.59/2.66
=5.11

* 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.

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

For example, Swedish Orphan Biovitrum 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)
=5.071/132.2054*132.2054
=5.071

Current CPI (Mar. 2024) = 132.2054.

Swedish Orphan Biovitrum AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.203 100.432 1.584
201409 1.139 100.161 1.503
201412 1.062 100.225 1.401
201503 0.973 99.950 1.287
201506 1.009 99.995 1.334
201509 0.990 100.228 1.306
201512 0.979 100.276 1.291
201603 1.073 100.751 1.408
201606 1.123 101.019 1.470
201609 1.119 101.138 1.463
201612 1.035 102.022 1.341
201703 1.115 102.022 1.445
201706 1.220 102.752 1.570
201709 1.407 103.279 1.801
201712 1.416 103.793 1.804
201803 1.553 103.962 1.975
201806 1.582 104.875 1.994
201809 1.682 105.679 2.104
201812 1.771 105.912 2.211
201903 2.531 105.886 3.160
201906 2.584 106.742 3.200
201909 2.624 107.214 3.236
201912 2.913 107.766 3.574
202003 3.075 106.563 3.815
202006 3.239 107.498 3.983
202009 3.435 107.635 4.219
202012 3.913 108.296 4.777
202103 3.955 108.360 4.825
202106 4.081 108.928 4.953
202109 4.070 110.338 4.877
202112 4.131 112.486 4.855
202203 4.019 114.825 4.627
202206 3.914 118.384 4.371
202209 3.707 122.296 4.007
202212 4.124 126.365 4.315
202303 4.277 127.042 4.451
202306 4.238 129.407 4.330
202309 4.576 130.224 4.646
202312 4.859 131.912 4.870
202403 5.071 132.205 5.071

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.


Swedish Orphan Biovitrum AB  (OTCPK:SWOBY) 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.


Swedish Orphan Biovitrum AB Cyclically Adjusted PB Ratio Related Terms

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Swedish Orphan Biovitrum AB (Swedish Orphan Biovitrum AB) Business Description

Traded in Other Exchanges
Address
Tomtebodavagen 23 A, Solna, Stockholm, SWE, SE-112 76
Swedish Orphan Biovitrum, or Sobi, focuses on rare diseases, primarily in hematology and immunology. Biovitrum started with experience in studying recombinant proteins such as hemophilia factors, and partnered with Syntonix (now part of Sanofi) on long-acting hemophilia factor replacement programs in 2006. Biovitrum acquired Orfadin and a partnered product business with the acquisition of Swedish Orphan. Sobi launched hemophilia products Alprolix and Eloctate in Europe in 2016. Sobi has since been building its immunology pipeline (rare disease drug Gamifant, U.S. rights to RSV antibodies Synagis and Beyfortus, gout drug SEL-212, complement drug Aspaveli) and hematology pipeline outside of hemophilia (thrombocytopenia drug Doptelet, blood cancer drug Zynlonta, myelofibrosis drug Vonjo).