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Abbott Laboratories (Pakistan) (KAR:ABOT) Cyclically Adjusted Book per Share : ₨172.13 (As of Mar. 2024)


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What is Abbott Laboratories (Pakistan) Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Abbott Laboratories (Pakistan)'s adjusted book value per share for the three months ended in Mar. 2024 was ₨202.641. 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 ₨172.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Abbott Laboratories (Pakistan)'s average Cyclically Adjusted Book Growth Rate was 6.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-08), Abbott Laboratories (Pakistan)'s current stock price is ₨690.00. Abbott Laboratories (Pakistan)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨172.13. Abbott Laboratories (Pakistan)'s Cyclically Adjusted PB Ratio of today is 4.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Abbott Laboratories (Pakistan) was 4.74. The lowest was 2.10. And the median was 2.77.


Abbott Laboratories (Pakistan) Cyclically Adjusted Book per Share Historical Data

The historical data trend for Abbott Laboratories (Pakistan)'s Cyclically Adjusted Book per Share 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.

Abbott Laboratories (Pakistan) Cyclically Adjusted Book per Share Chart

Abbott Laboratories (Pakistan) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 158.00 167.06

Abbott Laboratories (Pakistan) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 161.00 162.87 165.90 167.06 172.13

Competitive Comparison of Abbott Laboratories (Pakistan)'s Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Abbott Laboratories (Pakistan)'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.


Abbott Laboratories (Pakistan)'s Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Abbott Laboratories (Pakistan)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Abbott Laboratories (Pakistan)'s Cyclically Adjusted PB Ratio falls into.



Abbott Laboratories (Pakistan) Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Abbott Laboratories (Pakistan)'s adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=202.641/131.7762*131.7762
=202.641

Current CPI (Mar. 2024) = 131.7762.

Abbott Laboratories (Pakistan) Quarterly Data

Book Value per Share CPI Adj_Book
201406 99.134 100.560 129.908
201409 103.182 100.428 135.390
201412 111.048 99.070 147.709
201503 112.110 99.621 148.296
201506 121.505 100.684 159.027
201509 121.209 100.392 159.102
201512 132.270 99.792 174.663
201603 119.748 100.470 157.061
201606 129.830 101.688 168.245
201609 131.592 101.861 170.239
201612 149.062 101.863 192.836
201703 156.378 102.862 200.335
201706 136.436 103.349 173.964
201709 137.897 104.136 174.499
201712 146.637 104.011 185.781
201803 123.149 105.290 154.128
201806 129.805 106.317 160.889
201809 128.359 106.507 158.813
201812 135.189 105.998 168.066
201903 128.799 107.251 158.252
201906 130.953 108.070 159.680
201909 134.012 108.329 163.018
201912 136.592 108.420 166.017
202003 138.196 108.902 167.224
202006 151.334 108.767 183.348
202009 146.694 109.815 176.031
202012 159.246 109.897 190.950
202103 149.276 111.754 176.020
202106 168.355 114.631 193.535
202109 161.060 115.734 183.384
202112 177.268 117.630 198.587
202203 172.375 121.301 187.261
202206 176.250 125.017 185.779
202209 169.758 125.227 178.637
202212 174.729 125.222 183.875
202303 173.178 127.348 179.200
202306 167.944 128.729 171.920
202309 168.718 129.860 171.208
202312 186.285 129.419 189.677
202403 202.641 131.776 202.641

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Abbott Laboratories (Pakistan)  (KAR:ABOT) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Abbott Laboratories (Pakistan)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=690.00/172.13
=4.01

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Abbott Laboratories (Pakistan) was 4.74. The lowest was 2.10. And the median was 2.77.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Abbott Laboratories (Pakistan) Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Abbott Laboratories (Pakistan)'s Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Abbott Laboratories (Pakistan) (KAR:ABOT) Business Description

Traded in Other Exchanges
N/A
Address
Hyderabad Road, Landhi, P.O. Box 7229, Plot No. 258 & 324, Opposite Radio Pakistan Transmission Centre, Karachi, PAK, 75120
Abbott Laboratories (Pakistan) Ltd is engaged in manufacturing, importing, and marketing research-based pharmaceutical, nutritional, diagnostic, diabetes care, molecular devices, hospital, and consumer products. Its operating segments are Pharmaceutical, Nutritional, Diagnostics, and Others. It generates maximum revenue from the Pharmaceutical segment. Geographically, it derives the majority of its revenue from Pakistan and also has a presence in Afghanistan, Sri Lanka, Bangladesh, and Switzerland. Its Brands include Duphaston, Surbex Z, Serc, Duphala, Pediasur, Similac, and others.

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