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Lonza Group (XSWX:LONN) Cyclically Adjusted PB Ratio : 5.84 (As of Apr. 29, 2024)


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What is Lonza Group Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Lonza Group's current share price is CHF527.80. Lonza Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF90.32. Lonza Group's Cyclically Adjusted PB Ratio for today is 5.84.

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

XSWX:LONN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.27   Med: 6.26   Max: 13.56
Current: 5.84

During the past 13 years, Lonza Group's highest Cyclically Adjusted PB Ratio was 13.56. The lowest was 2.27. And the median was 6.26.

XSWX:LONN's Cyclically Adjusted PB Ratio is ranked worse than
84.85% of 132 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.96 vs XSWX:LONN: 5.84

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.

Lonza Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF131.066. 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 CHF90.32 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lonza Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lonza Group'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.

Lonza Group Cyclically Adjusted PB Ratio Chart

Lonza Group 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 6.70 9.92 11.28 5.68 3.92

Lonza Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 11.28 - 5.68 - 3.92

Competitive Comparison of Lonza Group's Cyclically Adjusted PB Ratio

For the Diagnostics & Research subindustry, Lonza Group'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.


Lonza Group's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Lonza Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lonza Group 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.

Lonza Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=527.80/90.32
=5.84

* 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.

Lonza Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Lonza Group's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=131.066/106.4611*106.4611
=131.066

Current CPI (Dec23) = 106.4611.

Lonza Group Annual Data

Book Value per Share CPI Adj_Book
201412 37.932 100.704 40.101
201512 37.826 99.386 40.519
201612 40.391 99.380 43.269
201712 82.607 100.213 87.757
201812 83.748 100.906 88.359
201912 87.416 101.063 92.085
202012 91.744 100.241 97.437
202112 131.421 101.776 137.471
202212 142.660 104.666 145.106
202312 131.066 106.461 131.066

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.


Lonza Group  (XSWX:LONN) 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.


Lonza Group Cyclically Adjusted PB Ratio Related Terms

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


Lonza Group (XSWX:LONN) Business Description

Address
Muenchensteinerstrasse 38, Basel, CHE, CH-4002
Lonza Group is a contract development and manufacturing organization, or CDMO. It operates under four segments: small molecules, biologics, cell & gene, and capsules & health ingredients. Lonza derives its revenue primarily from long-term supply agreements with pharmaceutical customers. The company provides a range of development and manufacturing services throughout the entire lifecycle of a product from drug research to commercial supply. The majority of Lonza's customers are pharmaceutical and biotechnology companies, academic institutions, and government research organizations.

Lonza Group (XSWX:LONN) Headlines

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