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Hypera (BSP:HYPE3) Cyclically Adjusted PB Ratio : 1.57 (As of Apr. 28, 2024)


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What is Hypera Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Hypera's current share price is R$28.55. Hypera's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$18.15. Hypera's Cyclically Adjusted PB Ratio for today is 1.57.

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

BSP:HYPE3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.13   Max: 2.88
Current: 1.57

During the past years, Hypera's highest Cyclically Adjusted PB Ratio was 2.88. The lowest was 1.56. And the median was 2.13.

BSP:HYPE3's Cyclically Adjusted PB Ratio is ranked better than
56.26% of 647 companies
in the Drug Manufacturers industry
Industry Median: 1.75 vs BSP:HYPE3: 1.57

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.

Hypera's adjusted book value per share data for the three months ended in Dec. 2023 was R$18.177. 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 R$18.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hypera Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hypera'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.

Hypera Cyclically Adjusted PB Ratio Chart

Hypera 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 2.35 2.16 1.66 2.56 1.97

Hypera Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.56 2.10 2.55 2.05 1.97

Competitive Comparison of Hypera's Cyclically Adjusted PB Ratio

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


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

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

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



Hypera 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.55/18.15
=1.57

* 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.

Hypera's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Hypera'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)
=18.177/156.2729*156.2729
=18.177

Current CPI (Dec. 2023) = 156.2729.

Hypera Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.341 90.447 19.595
201406 11.527 91.838 19.615
201409 11.717 92.602 19.773
201412 11.827 94.194 19.622
201503 11.973 97.799 19.132
201506 12.150 100.006 18.986
201509 12.258 101.392 18.893
201512 12.535 104.247 18.791
201603 14.300 106.979 20.889
201606 14.342 108.851 20.590
201609 14.338 109.986 20.372
201612 13.832 110.802 19.508
201703 13.586 111.869 18.979
201706 12.420 112.115 17.312
201709 12.712 112.777 17.615
201712 12.246 114.068 16.777
201803 12.516 114.868 17.027
201806 12.756 117.038 17.032
201809 12.930 117.881 17.141
201812 13.081 118.340 17.274
201903 13.330 120.124 17.341
201906 13.566 120.977 17.524
201909 13.707 121.292 17.660
201912 13.802 123.436 17.474
202003 13.834 124.092 17.422
202006 14.327 123.557 18.121
202009 14.678 125.095 18.336
202012 14.589 129.012 17.672
202103 14.819 131.660 17.589
202106 15.172 133.871 17.711
202109 15.312 137.913 17.350
202112 15.580 141.992 17.147
202203 15.666 146.537 16.707
202206 16.130 149.784 16.829
202209 16.574 147.800 17.524
202212 16.847 150.207 17.527
202303 17.076 153.352 17.401
202306 17.467 154.519 17.665
202309 18.001 155.464 18.095
202312 18.177 156.273 18.177

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.


Hypera  (BSP:HYPE3) 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.


Hypera Cyclically Adjusted PB Ratio Related Terms

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


Hypera (BSP:HYPE3) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Magalhaes de Castro, 4800, 240 Floor Continental Tower Building, Bairro Cidade Jardim, Sao Paulo, SP, BRA, CEP 05676-120
Hypera SA is a specialty and generic drug manufacturing company. The company has a focus on the pharmaceutical segments of the Brazilian market, along with a presence in nonprescription drugs and branded generics. Hypermarcas also possesses a share of generic medicines and prescription products. The company also has a wide sales and distribution structure. The Company's operating segments are Consumer Health, Branded Prescription, Similars e Generics, Skincare and Non-Retail Market.

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