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Faes Farma (XMAD:FAE) Cyclically Adjusted PB Ratio : (As of Jun. 13, 2024)


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What is Faes Farma Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Faes Farma Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Faes Farma'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.

Faes Farma Cyclically Adjusted PB Ratio Chart

Faes Farma 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 4.62 3.04 2.63 2.36 2.03

Faes Farma Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 2.36 - 2.10 2.03 -

Competitive Comparison of Faes Farma's Cyclically Adjusted PB Ratio

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


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

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

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



Faes Farma 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.

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

For example, Faes Farma'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)
=0/122.7621*122.7621
=0.000

Current CPI (Mar. 2024) = 122.7621.

Faes Farma Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 100.139 0.000
201406 0.908 101.081 1.103
201409 0.000 100.441 0.000
201412 0.949 100.251 1.162
201503 0.000 99.474 0.000
201506 0.947 101.138 1.149
201509 0.000 99.559 0.000
201512 1.001 100.268 1.226
201603 0.000 98.638 0.000
201606 1.028 100.333 1.258
201609 0.000 99.737 0.000
201612 1.090 101.842 1.314
201703 0.000 100.896 0.000
201706 1.154 101.848 1.391
201709 0.000 101.524 0.000
201712 1.192 102.975 1.421
201803 0.000 102.122 0.000
201806 1.241 104.165 1.463
201809 0.000 103.818 0.000
201812 1.303 104.193 1.535
201903 0.000 103.488 0.000
201906 1.372 104.612 1.610
201909 0.000 103.905 0.000
201912 1.452 105.015 1.697
202003 0.000 103.469 0.000
202006 1.537 104.254 1.810
202009 0.000 103.521 0.000
202012 1.616 104.456 1.899
202103 0.000 104.857 0.000
202106 1.673 107.102 1.918
202109 0.000 107.669 0.000
202112 1.762 111.298 1.943
202203 0.000 115.153 0.000
202206 1.823 118.044 1.896
202209 0.000 117.221 0.000
202212 1.892 117.650 1.974
202303 0.000 118.948 0.000
202306 2.053 120.278 2.095
202312 2.128 121.300 2.154
202403 0.000 122.762 0.000

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.


Faes Farma  (XMAD:FAE) 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.


Faes Farma Cyclically Adjusted PB Ratio Related Terms

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Faes Farma (XMAD:FAE) Business Description

Traded in Other Exchanges
Address
Maximo Aguirre, 14, Leioa, Vizcaya, ESP, 48940
Faes Farma SA is a pharmaceutical company that specializes in the research, production, distribution, and sale of prescription and generic drugs, over-the-counter medicines, food supplements and personal care treatments, as well as raw materials for the pharmaceutical use. The company develops new drugs for the treatment of allergy, venous insufficiency, and irritable bowel syndrome. It also provides animal nutrition products. Faes Farma exports its products to more than 60 countries and has operations in Spain, Portugal, Chile, and Mexico, among others.

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