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Aptahem AB (XSAT:APTA) Cyclically Adjusted PB Ratio : 0.04 (As of Jun. 15, 2024)


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What is Aptahem AB Cyclically Adjusted PB Ratio?

As of today (2024-06-15), Aptahem AB's current share price is kr0.03. Aptahem AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was kr0.84. Aptahem AB's Cyclically Adjusted PB Ratio for today is 0.04.

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

XSAT:APTA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.05
Current: 0.04

During the past 10 years, Aptahem AB's highest Cyclically Adjusted PB Ratio was 0.05. The lowest was 0.00. And the median was 0.00.

XSAT:APTA's Cyclically Adjusted PB Ratio is ranked better than
93.93% of 659 companies
in the Biotechnology industry
Industry Median: 1.73 vs XSAT:APTA: 0.04

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.

Aptahem AB's adjusted book value per share data of for the fiscal year that ended in Dec23 was kr0.227. 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 kr0.84 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aptahem AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aptahem 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.

Aptahem AB Cyclically Adjusted PB Ratio Chart

Aptahem 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 - - - - 0.09

Aptahem 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 - - - 0.09 -

Competitive Comparison of Aptahem AB's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Aptahem 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.


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

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

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



Aptahem 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.84
=0.04

* 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.

Aptahem AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Aptahem AB's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.227/131.9118*131.9118
=0.227

Current CPI (Dec23) = 131.9118.

Aptahem AB Annual Data

Book Value per Share CPI Adj_Book
201412 0.432 100.225 0.569
201512 0.576 100.276 0.758
201612 1.669 102.022 2.158
201712 1.184 103.793 1.505
201812 1.313 105.912 1.635
201912 0.359 107.766 0.439
202012 0.300 108.296 0.365
202112 0.350 112.486 0.410
202212 0.286 126.365 0.299
202312 0.227 131.912 0.227

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.


Aptahem AB  (XSAT:APTA) 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.


Aptahem AB Cyclically Adjusted PB Ratio Related Terms

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


Aptahem AB (XSAT:APTA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Norra Vallgatan 58, Malmo, SWE, 211 22
Aptahem AB develops aptamer-based drugs for the treatment of acute life-threatening conditions where coagulation and inflammation interact in the disease process. The company's main candidate Apta-1 is developed as an emergency medicine intended to prevent the occurrence of life-threatening organ and tissue damage in patients suffering from sepsis.

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