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Square Pharmaceuticals (DHA:SQURPHARMA) Cyclically Adjusted PB Ratio : 2.39 (As of Apr. 29, 2024)


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What is Square Pharmaceuticals Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Square Pharmaceuticals's current share price is BDT212.10. Square Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was BDT88.58. Square Pharmaceuticals's Cyclically Adjusted PB Ratio for today is 2.39.

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

DHA:SQURPHARMA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.37   Med: 3.22   Max: 4.53
Current: 2.39

During the past years, Square Pharmaceuticals's highest Cyclically Adjusted PB Ratio was 4.53. The lowest was 2.37. And the median was 3.22.

DHA:SQURPHARMA's Cyclically Adjusted PB Ratio is ranked worse than
59.91% of 651 companies
in the Drug Manufacturers industry
Industry Median: 1.76 vs DHA:SQURPHARMA: 2.39

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.

Square Pharmaceuticals's adjusted book value per share data for the three months ended in Dec. 2023 was BDT132.069. 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 BDT88.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Square Pharmaceuticals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Square Pharmaceuticals'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.

Square Pharmaceuticals Cyclically Adjusted PB Ratio Chart

Square Pharmaceuticals Annual Data
Trend Mar14 Mar15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.18 3.69 3.05 2.53

Square Pharmaceuticals 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 2.76 2.63 2.53 2.43 2.37

Competitive Comparison of Square Pharmaceuticals's Cyclically Adjusted PB Ratio

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


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

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

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



Square Pharmaceuticals 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.

Square Pharmaceuticals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=212.10/88.58
=2.39

* 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.

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

For example, Square Pharmaceuticals'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)
=132.069/129.4194*129.4194
=132.069

Current CPI (Dec. 2023) = 129.4194.

Square Pharmaceuticals Quarterly Data

Book Value per Share CPI Adj_Book
201403 30.165 99.695 39.159
201406 31.636 100.560 40.715
201409 31.523 100.428 40.623
201412 33.177 99.070 43.341
201503 35.198 99.621 45.726
201506 37.130 100.684 47.727
201509 37.546 100.392 48.402
201512 39.996 99.792 51.870
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 48.659 101.861 61.824
201612 48.750 101.863 61.938
201703 52.237 102.862 65.724
201706 55.308 103.349 69.260
201709 58.980 104.136 73.300
201712 59.322 104.011 73.813
201803 62.179 105.290 76.429
201806 65.223 106.317 79.396
201809 68.892 106.507 83.713
201812 69.339 105.998 84.660
201903 72.942 107.251 88.019
201906 76.576 108.070 91.704
201909 80.109 108.329 95.705
201912 80.113 108.420 95.630
202003 83.989 108.902 99.813
202006 87.208 108.767 103.767
202009 92.505 109.815 109.019
202012 92.468 109.897 108.894
202103 96.427 111.754 111.669
202106 104.533 114.631 118.018
202109 108.706 115.734 121.560
202112 107.356 117.630 118.116
202203 112.394 121.301 119.916
202206 118.678 125.017 122.857
202209 122.838 125.227 126.951
202212 118.532 125.222 122.505
202303 123.333 127.348 125.339
202306 129.952 128.729 130.649
202309 136.790 129.860 136.326
202312 132.069 129.419 132.069

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.


Square Pharmaceuticals  (DHA:SQURPHARMA) 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.


Square Pharmaceuticals Cyclically Adjusted PB Ratio Related Terms

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


Square Pharmaceuticals (DHA:SQURPHARMA) Business Description

Traded in Other Exchanges
N/A
Address
Square Centre, 48, Mohakhali Commercial Area, Dhaka, BGD, 1212
Square Pharmaceuticals PLC is a Bangladesh-based pharmaceutical company engaged in the manufacturing and marketing of generic pharmaceuticals products, Basic chemical products, and animal health products. It manufactures drugs like paracetamol, clotrimazole, antiallergic, Nitroglycerin, xylometazoline HCl, erythromycin, and various other drugs. The company operates in Bangladesh and sells its products locally and internationally. The company operates in one segment, which is the business of developing, manufacturing, and marketing drugs.

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