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BB Biotech AG (FRA:BBZA) Cyclically Adjusted PS Ratio : 6.56 (As of May. 21, 2024)


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What is BB Biotech AG Cyclically Adjusted PS Ratio?

As of today (2024-05-21), BB Biotech AG's current share price is €42.30. BB Biotech AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €6.45. BB Biotech AG's Cyclically Adjusted PS Ratio for today is 6.56.

The historical rank and industry rank for BB Biotech AG's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:BBZA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.88   Med: 6.76   Max: 7.32
Current: 7.08

During the past years, BB Biotech AG's highest Cyclically Adjusted PS Ratio was 7.32. The lowest was 4.88. And the median was 6.76.

FRA:BBZA's Cyclically Adjusted PS Ratio is ranked worse than
56.61% of 507 companies
in the Biotechnology industry
Industry Median: 5.55 vs FRA:BBZA: 7.08

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

BB Biotech AG's adjusted revenue per share data for the three months ended in Dec. 2023 was €2.149. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €6.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BB Biotech AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BB Biotech AG's Cyclically Adjusted PS 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.

BB Biotech AG Cyclically Adjusted PS Ratio Chart

BB Biotech AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 6.77 7.08

BB Biotech AG Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18 Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS 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 6.77 7.29 7.32 7.21 7.08

Competitive Comparison of BB Biotech AG's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, BB Biotech AG's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


BB Biotech AG's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, BB Biotech AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where BB Biotech AG's Cyclically Adjusted PS Ratio falls into.



BB Biotech AG Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

BB Biotech AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.30/6.45
=6.56

* 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.

BB Biotech AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, BB Biotech AG's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.149/106.4612*106.4612
=2.149

Current CPI (Dec. 2023) = 106.4612.

BB Biotech AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201106 0.000 102.678 0.000
201109 -1.155 101.811 -1.208
201112 1.363 101.408 1.431
201203 2.587 101.826 2.705
201206 1.862 101.596 1.951
201209 11.186 101.392 11.745
201212 -1.901 100.968 -2.004
201303 5.183 101.221 5.451
201306 9.580 101.466 10.052
201309 4.919 101.336 5.168
201312 1.471 101.036 1.550
201403 0.970 101.224 1.020
201406 2.921 101.517 3.063
201409 7.160 101.247 7.529
201412 10.734 100.704 11.348
201503 6.404 100.339 6.795
201506 5.917 100.464 6.270
201509 -9.275 99.785 -9.896
201512 8.481 99.386 9.085
201603 -19.875 99.475 -21.271
201606 0.736 100.088 0.783
201609 6.706 99.604 7.168
201612 -0.382 99.380 -0.409
201703 6.351 100.040 6.759
201706 1.880 100.285 1.996
201712 0.000 100.213 0.000
201812 0.000 100.906 0.000
201912 0.000 101.063 0.000
202012 0.000 100.241 0.000
202103 3.639 100.800 3.843
202106 2.363 101.352 2.482
202112 0.000 101.776 0.000
202203 -5.272 103.205 -5.438
202206 -3.938 104.783 -4.001
202209 4.170 104.835 4.235
202212 -0.621 104.666 -0.632
202303 -4.640 106.245 -4.649
202306 -0.085 106.576 -0.085
202309 -0.780 106.570 -0.779
202312 2.149 106.461 2.149

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


BB Biotech AG  (FRA:BBZA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


BB Biotech AG Cyclically Adjusted PS Ratio Related Terms

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


BB Biotech AG (FRA:BBZA) Business Description

Industry
Traded in Other Exchanges
Address
Schwertstrasse 6, Schaffhausen, CHE, CH-8200
BB Biotech AG is a part of the healthcare sector in Switzerland. Its primary activity includes making investments, especially in the biotechnology market and is one of the largest investors in the field of biotechnology. The focus of the investments is on those listed companies that focus on the development and marketing of novel drugs with a clear value for the healthcare system. BB Biotech follows a strategy of carefully screening and selecting biotechnology firms with a long-term time horizon and having established products in the marketplace. Geographically it earns key revenue from the Netherlands.

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