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Antibiotice (BSE:ATB) Cyclically Adjusted Book per Share : lei0.86 (As of Dec. 2023)


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What is Antibiotice Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Antibiotice's adjusted book value per share for the three months ended in Dec. 2023 was lei1.262. 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 lei0.86 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Antibiotice's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Antibiotice was 10.40% per year. The lowest was 10.40% per year. And the median was 10.40% per year.

As of today (2024-05-15), Antibiotice's current stock price is lei1.90. Antibiotice's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was lei0.86. Antibiotice's Cyclically Adjusted PB Ratio of today is 2.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Antibiotice was 2.30. The lowest was 0.64. And the median was 0.80.


Antibiotice Cyclically Adjusted Book per Share Historical Data

The historical data trend for Antibiotice's Cyclically Adjusted Book per Share 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.

Antibiotice Cyclically Adjusted Book per Share Chart

Antibiotice Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.64 0.72 0.79 0.86

Antibiotice Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 0.79 0.81 0.83 0.85 0.86

Competitive Comparison of Antibiotice's Cyclically Adjusted Book per Share

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


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

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

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



Antibiotice Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Antibiotice's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.262/129.4194*129.4194
=1.262

Current CPI (Dec. 2023) = 129.4194.

Antibiotice Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.527 99.695 0.684
201406 0.524 100.560 0.674
201409 0.527 100.428 0.679
201412 0.543 99.070 0.709
201503 0.552 99.621 0.717
201506 0.542 100.684 0.697
201509 0.541 100.392 0.697
201512 0.585 99.792 0.759
201603 0.596 100.470 0.768
201606 0.589 101.688 0.750
201609 0.591 101.861 0.751
201612 0.609 101.863 0.774
201703 0.617 102.862 0.776
201706 0.600 103.349 0.751
201709 0.601 104.136 0.747
201712 0.621 104.011 0.773
201803 0.625 105.290 0.768
201806 0.624 106.317 0.760
201809 0.626 106.507 0.761
201812 0.704 105.998 0.860
201903 0.709 107.251 0.856
201906 0.727 108.070 0.871
201909 0.726 108.329 0.867
201912 0.748 108.420 0.893
202003 0.746 108.902 0.887
202006 0.739 108.767 0.879
202009 0.734 109.815 0.865
202012 0.860 109.897 1.013
202103 0.866 111.754 1.003
202106 0.885 114.631 0.999
202109 0.884 115.734 0.989
202112 0.901 117.630 0.991
202203 0.913 121.301 0.974
202206 0.932 125.017 0.965
202209 0.942 125.227 0.974
202212 1.104 125.222 1.141
202303 0.989 127.348 1.005
202306 1.054 128.729 1.060
202309 1.084 129.860 1.080
202312 1.262 129.419 1.262

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Antibiotice  (BSE:ATB) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Antibiotice's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.90/0.86
=2.21

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Antibiotice was 2.30. The lowest was 0.64. And the median was 0.80.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Antibiotice Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Antibiotice's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Antibiotice (BSE:ATB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1 Valea Lupului Street, Iasi, ROU, 707410
Antibiotice Ord is a Romania based company engaged in manufacturing generic medicines. It primarily develops and produces generic medicines for human use, veterinary medicines and active substance Nystatin. The group's generic medicines are primarily targeted at patients with infections, dermatological, cardiovascular, digestive tract diseases or diseases of the musculoskeletal system. It manufactures firm powders for solutions for injection and suspensions for injection (penicillins), capsules, tablets, suppositories and topical preparations (ointments, gels, creams).

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