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Pharma-Bio Serv (Pharma-Bio Serv) Cyclically Adjusted PB Ratio : 0.71 (As of Apr. 27, 2024)


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What is Pharma-Bio Serv Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Pharma-Bio Serv's current share price is $0.735. Pharma-Bio Serv's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $1.03. Pharma-Bio Serv's Cyclically Adjusted PB Ratio for today is 0.71.

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

PBSV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.13   Max: 2.55
Current: 0.77

During the past years, Pharma-Bio Serv's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.56. And the median was 1.13.

PBSV's Cyclically Adjusted PB Ratio is ranked better than
78.22% of 303 companies
in the Healthcare Providers & Services industry
Industry Median: 1.94 vs PBSV: 0.77

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.

Pharma-Bio Serv's adjusted book value per share data for the three months ended in Jan. 2024 was $0.616. 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 $1.03 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pharma-Bio Serv Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pharma-Bio Serv'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.

Pharma-Bio Serv Cyclically Adjusted PB Ratio Chart

Pharma-Bio Serv Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.52 1.08 0.83 0.81

Pharma-Bio Serv Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.00 0.97 1.02 0.81 0.93

Competitive Comparison of Pharma-Bio Serv's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, Pharma-Bio Serv'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.


Pharma-Bio Serv's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pharma-Bio Serv's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pharma-Bio Serv's Cyclically Adjusted PB Ratio falls into.



Pharma-Bio Serv 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.

Pharma-Bio Serv's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.735/1.03
=0.71

* 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.

Pharma-Bio Serv's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Pharma-Bio Serv's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.616/129.4194*129.4194
=0.616

Current CPI (Jan. 2024) = 129.4194.

Pharma-Bio Serv Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.828 100.023 1.071
201407 0.853 100.520 1.098
201410 0.890 100.176 1.150
201501 0.896 98.604 1.176
201504 0.912 99.824 1.182
201507 0.932 100.691 1.198
201510 0.954 100.346 1.230
201601 0.968 99.957 1.253
201604 0.974 100.947 1.249
201607 0.970 101.524 1.237
201610 0.948 101.988 1.203
201701 0.928 102.456 1.172
201704 0.915 103.167 1.148
201707 0.911 103.278 1.142
201710 0.899 104.070 1.118
201801 0.788 104.578 0.975
201804 0.781 105.708 0.956
201807 0.812 106.324 0.988
201810 0.879 106.695 1.066
201901 0.900 106.200 1.097
201904 0.929 107.818 1.115
201907 0.948 108.250 1.133
201910 0.896 108.577 1.068
202001 0.919 108.841 1.093
202004 0.948 108.173 1.134
202007 0.982 109.318 1.163
202010 0.988 109.861 1.164
202101 0.925 110.364 1.085
202104 0.936 112.673 1.075
202107 1.035 115.183 1.163
202110 0.822 116.696 0.912
202201 0.759 118.619 0.828
202204 0.692 121.978 0.734
202207 0.704 125.002 0.729
202210 0.722 125.734 0.743
202301 0.740 126.223 0.759
202304 0.682 127.992 0.690
202307 0.705 128.974 0.707
202310 0.702 129.810 0.700
202401 0.616 129.419 0.616

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.


Pharma-Bio Serv  (OTCPK:PBSV) 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.


Pharma-Bio Serv Cyclically Adjusted PB Ratio Related Terms

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


Pharma-Bio Serv (Pharma-Bio Serv) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Road 696, Pharma-Bio Serv Building, Dorado, PRI, 00646
Pharma-Bio Serv Inc is a compliance and technology transfer services consulting firm. It also provides microbiological testing services and chemical testing services through its laboratory testing facility in Puerto Rico. It has three reportable segments: Puerto Rico technical compliance consulting which is the key revenue driver; United States technical compliance consulting; and Europe technical compliance consulting. The company offers solutions to the pharmaceutical, chemical, biotechnology, medical devices, cosmetic and food industries, and allied products companies.
Executives
Elizabeth Plaza 10 percent owner 363 DORADO BEACH EAST, DORADO PR 00646
Altura Victor Sanchez officer: President and CEO C/O PHARMA-BIO SERV, INC., 6 ROAD 696, DORADO PR 00646
San Juan Holdings 10 percent owner 255 PONCE DE LEON, SUITE 305 MCS PLAZA, SAN JUAN PR 00917
Pedro J Lasanta officer: Chief Financial Officer 373 MENDEZ VIGO, STE 110, DORADO PR 00646
Dov Perlysky director 2 LAKESIDE DRIVE WEST, LAWRENCE NY 11559
L P Venturetek 10 percent owner C/O DAVID SELENGUT ELLENOFF GROSSMAN, 370 LEXINGTON AVENUE 19TH FLOOR, NEW YORK NY 10017
Barron Partners Lp 10 percent owner 730 FIFTH AVENUE, 25TH FLOOR, NEW YORK NY 10019
Manuel O Morera officer: Chief Financial Officer 373 MENDEZ VIGO, SUITE 110, DORADO PR 00646
Mark A Fazio officer: Exec. Vice President and COO P O BOX 1026 GREEN STREET, PERKASIE PA 18944
Kirk Wheeler Michel director 209 EAST TRYON STREET, HILLSBOROUGH NC 27278
Irving L Wiesen director 1273 NORTH AVENUE, APT 1E 7, NEW ROCHELLE NY 10804
Howard Spindel director 39 BROADWAY SUITE 3300, NEW YORK NY 10028
Nelida Plaza Rodriguez officer: Vice President and Secretary G11 CALLE MADRE PERLA URB, DORADO DEL MAR, DORADO PR 00646
Krovim Llc director, 10 percent owner, officer: Manager P.O. BOX 339, LAWRENCE NY 11559