GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » ChromaDex Corp (NAS:CDXC) » Definitions » Cyclically Adjusted PB Ratio

ChromaDex (ChromaDex) Cyclically Adjusted PB Ratio : 7.82 (As of Apr. 27, 2024)


View and export this data going back to 2008. Start your Free Trial

What is ChromaDex Cyclically Adjusted PB Ratio?

As of today (2024-04-27), ChromaDex's current share price is $3.44. ChromaDex's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.44. ChromaDex's Cyclically Adjusted PB Ratio for today is 7.82.

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

CDXC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.93   Med: 13.77   Max: 43.53
Current: 7.65

During the past years, ChromaDex's highest Cyclically Adjusted PB Ratio was 43.53. The lowest was 2.93. And the median was 13.77.

CDXC's Cyclically Adjusted PB Ratio is ranked worse than
85.49% of 641 companies
in the Biotechnology industry
Industry Median: 1.72 vs CDXC: 7.65

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.

ChromaDex's adjusted book value per share data for the three months ended in Dec. 2023 was $0.380. 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 $0.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ChromaDex Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ChromaDex'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.

ChromaDex Cyclically Adjusted PB Ratio Chart

ChromaDex 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 13.72 14.90 9.85 4.05 3.23

ChromaDex 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 4.05 3.61 3.65 3.32 3.23

Competitive Comparison of ChromaDex's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, ChromaDex'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.


ChromaDex's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



ChromaDex 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.44/0.44
=7.82

* 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.

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

For example, ChromaDex'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)
=0.38/129.4194*129.4194
=0.380

Current CPI (Dec. 2023) = 129.4194.

ChromaDex Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.138 99.695 0.179
201406 0.124 100.560 0.160
201409 0.128 100.428 0.165
201412 0.114 99.070 0.149
201503 0.104 99.621 0.135
201506 0.110 100.684 0.141
201509 0.122 100.392 0.157
201512 0.147 99.792 0.191
201603 0.178 100.470 0.229
201606 0.332 101.688 0.423
201609 0.316 101.861 0.401
201612 0.266 101.863 0.338
201703 0.247 102.862 0.311
201706 0.564 103.349 0.706
201709 0.708 104.136 0.880
201712 0.984 104.011 1.224
201803 0.853 105.290 1.048
201806 0.738 106.317 0.898
201809 0.608 106.507 0.739
201812 0.493 105.998 0.602
201903 0.379 107.251 0.457
201906 0.273 108.070 0.327
201909 0.457 108.329 0.546
201912 0.343 108.420 0.409
202003 0.277 108.902 0.329
202006 0.351 108.767 0.418
202009 0.316 109.815 0.372
202012 0.265 109.897 0.312
202103 0.647 111.754 0.749
202106 0.620 114.631 0.700
202109 0.521 115.734 0.583
202112 0.466 117.630 0.513
202203 0.380 121.301 0.405
202206 0.305 125.017 0.316
202209 0.308 125.227 0.318
202212 0.385 125.222 0.398
202303 0.374 127.348 0.380
202306 0.363 128.729 0.365
202309 0.365 129.860 0.364
202312 0.380 129.419 0.380

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.


ChromaDex  (NAS:CDXC) 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.


ChromaDex Cyclically Adjusted PB Ratio Related Terms

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


ChromaDex (ChromaDex) Business Description

Industry
Traded in Other Exchanges
Address
10900 Wilshire Boulevard, Suite 600, Los Angeles, CA, USA, 90024
ChromaDex Corp is a bioscience company dedicated to healthy aging. It is engaged in research on nicotinamide adenine dinucleotide (NAD+), levels of which decline with age. The company is the innovator behind NAD+ precursor nicotinamide riboside (NR), commercialized as the flagship ingredient Niagen. The company has three reportable segment namely Consumer Products, Ingredients segment and Analytical Reference Standards and Services. Majority of the revenue is earned from Consumer Products segment.
Executives
Brianna Gerber officer: SVP Finance / Interim CFO C/O CHROMADEX, INC., 1735 FLIGHT WAY, SUITE 200, TUSTIN CA 92782
Champion River Ventures Ltd 10 percent owner C/O 7F, CHEUNG KONG CENTER, 2 QUEEN'S ROAD, CENTRAL K3 00000
Jaksch Frank L Jr director, 10 percent owner, officer: Chief Executive Officer 10005 MUIRLANDS BOULEVARD, SUITE G FIRST FLOOR, IRVINE CA 92618
Robert N Fried director 100 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Steven D Rubin director OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 33137
Li Ka Shing 10 percent owner 79 DEEP WATER BAY ROAD, HONG KONG F4 00000
Chau Hoi Shuen Solina Holly 10 percent owner SUITES PT. 2909 & 2910, HARBOUR CENTRE, 25 HARBOUR ROAD, WANCHAI K3 999077
Hamed Shahbazi director C/O CHROMADEX, INC., 1735 FLIGHT WAY, SUITE 200, TUSTIN CA 92782
Ann Cohen director C/O CHROMADEX CORPORATION, 10900 WILSHIRE BLVD. STE 600, LOS ANGELES CA 90024
Kristin Patrick director 3329 CAY DRIVE, SHERMAN OAKS CA 91423
Ng Wang Yu Gary director ROOM 1709 HARBOUR CENTER, 25 HARBOUR ROAD, WANCHAI K3 -
Caroline S Levy director 2424 N FEDERAL HIGHWAY, SUITE 208, BOCA RATON FL 33431
Stephen A Block director INTERNATIONAL FLAVORS & FRAGRANCES INC., 521 WEST 57TH ST, NEW YORK NY 10019
Lisa Hatton Harrington officer: General Counsel 53 SEA TERRACE, NEWPORT COAST CA 92657
Kevin M Farr officer: Chief Financial Officer MATTEL, INC., 333 CONTINENTAL BLVD, M1-1518, EL SEGUNDO CA 90245

ChromaDex (ChromaDex) Headlines

From GuruFocus

ChromaDex to Participate in the LD Micro Invitational XIII

By Business Wire Business Wire 05-30-2023

A Letter from the ChromaDex Chief Executive Officer

By Business Wire Business Wire 02-21-2023