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AnGes (TSE:4563) Cyclically Adjusted PB Ratio : 0.49 (As of May. 25, 2025)


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What is AnGes Cyclically Adjusted PB Ratio?

As of today (2025-05-25), AnGes's current share price is 円68.00. AnGes's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円140.18. AnGes's Cyclically Adjusted PB Ratio for today is 0.49.

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

TSE:4563' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 3.08   Max: 22.73
Current: 0.49

During the past years, AnGes's highest Cyclically Adjusted PB Ratio was 22.73. The lowest was 0.31. And the median was 3.08.

TSE:4563's Cyclically Adjusted PB Ratio is ranked better than
73.65% of 668 companies
in the Biotechnology industry
Industry Median: 1.485 vs TSE:4563: 0.49

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.

AnGes's adjusted book value per share data for the three months ended in Dec. 2024 was 円7.531. 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 円140.18 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AnGes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AnGes'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.

AnGes Cyclically Adjusted PB Ratio Chart

AnGes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.26 3.35 0.92 0.52 0.38

AnGes Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.47 0.31 0.44 0.38 -

Competitive Comparison of AnGes's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, AnGes'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.


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

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

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


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AnGes 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=68.00/140.18
=0.49

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=7.531/110.7000*110.7000
=7.531

Current CPI (Dec. 2024) = 110.7000.

AnGes Quarterly Data

Book Value per Share CPI Adj_Book
201503 127.497 97.900 144.167
201506 115.703 98.400 130.166
201509 96.432 98.500 108.376
201512 74.656 98.100 84.245
201603 52.807 97.900 59.711
201606 73.704 98.100 83.171
201609 69.588 98.000 78.606
201612 54.783 98.400 61.631
201703 45.204 98.100 51.010
201706 56.970 98.500 64.026
201709 47.250 98.800 52.941
201712 45.430 99.400 50.595
201803 46.961 99.200 52.405
201806 54.808 99.200 61.162
201809 63.332 99.900 70.179
201812 78.938 99.700 87.647
201903 113.472 99.700 125.991
201906 127.914 99.800 141.885
201909 121.461 100.100 134.323
201912 112.699 100.500 124.137
202003 127.078 100.300 140.255
202006 176.122 99.900 195.162
202009 165.457 99.900 183.344
202012 245.603 99.300 273.799
202103 261.412 99.900 289.673
202106 287.766 99.500 320.158
202109 260.099 100.100 287.642
202112 252.396 100.100 279.123
202203 240.803 101.100 263.669
202206 225.468 101.800 245.180
202209 214.477 103.100 230.287
202212 170.332 104.100 181.131
202303 153.928 104.400 163.217
202306 148.952 105.200 156.739
202309 149.055 106.200 155.371
202312 131.522 106.800 136.325
202403 124.451 107.200 128.514
202406 107.333 108.200 109.813
202409 92.420 108.900 93.948
202412 7.531 110.700 7.531

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.


AnGes  (TSE:4563) 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.


AnGes Cyclically Adjusted PB Ratio Related Terms

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


AnGes Business Description

Industry
Traded in Other Exchanges
N/A
Address
7-7-15, Saito-asagi, 4F, Saito Bio-Incubator, Ibaraki, Osaka, JPN, 567-0085
AnGes Inc is a biopharmaceutical company. The company's development projects include - HGF plasmid, NFkB decoy oligonucleotide, and Therapeutic vaccine.

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