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Kamada (Kamada) Cyclically Adjusted Book per Share : $3.62 (As of Mar. 2024)


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What is Kamada 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.

Kamada's adjusted book value per share for the three months ended in Mar. 2024 was $4.289. 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 $3.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kamada's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Kamada was 12.30% per year. The lowest was 12.30% per year. And the median was 12.30% per year.

As of today (2024-06-08), Kamada's current stock price is $5.06. Kamada's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.62. Kamada's Cyclically Adjusted PB Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kamada was 2.59. The lowest was 1.15. And the median was 1.61.


Kamada Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kamada'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.

Kamada Cyclically Adjusted Book per Share Chart

Kamada 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 - 2.87 3.45 3.56 3.56

Kamada 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 3.44 3.43 3.36 3.56 3.62

Competitive Comparison of Kamada's Cyclically Adjusted Book per Share

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


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

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

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



Kamada 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, Kamada'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)
=4.289/131.7762*131.7762
=4.289

Current CPI (Mar. 2024) = 131.7762.

Kamada Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.243 100.560 2.939
201409 2.184 100.428 2.866
201412 2.235 99.070 2.973
201503 2.099 99.621 2.777
201506 2.084 100.684 2.728
201509 1.953 100.392 2.564
201512 1.991 99.792 2.629
201603 1.946 100.470 2.552
201606 1.905 101.688 2.469
201609 1.886 101.861 2.440
201612 1.831 101.863 2.369
201703 1.736 102.862 2.224
201706 1.876 103.349 2.392
201709 2.080 104.136 2.632
201712 2.223 104.011 2.816
201803 2.238 105.290 2.801
201806 2.382 106.317 2.952
201809 2.331 106.507 2.884
201812 2.789 105.998 3.467
201903 2.915 107.251 3.582
201906 3.077 108.070 3.752
201909 3.212 108.329 3.907
201912 3.353 108.420 4.075
202003 3.724 108.902 4.506
202006 3.795 108.767 4.598
202009 3.951 109.815 4.741
202012 3.993 109.897 4.788
202103 4.050 111.754 4.776
202106 4.071 114.631 4.680
202109 4.055 115.734 4.617
202112 3.947 117.630 4.422
202203 3.910 121.301 4.248
202206 3.830 125.017 4.037
202209 3.849 125.227 4.050
202212 3.926 125.222 4.131
202303 3.899 127.348 4.035
202306 3.942 128.729 4.035
202309 4.148 129.860 4.209
202312 4.245 129.419 4.322
202403 4.289 131.776 4.289

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


Kamada  (NAS:KMDA) 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.

Kamada's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.06/3.62
=1.40

* 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 Kamada was 2.59. The lowest was 1.15. And the median was 1.61.


Be Aware

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


Kamada Cyclically Adjusted Book per Share Related Terms

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


Kamada (Kamada) Business Description

Industry
Traded in Other Exchanges
Address
2 Holzman Street, P.O. Box 4081, Science Park, Rehovot, ISR, 7670402
Kamada Ltd is a drug-focused, plasma-derived protein therapeutics company. It is involved in the business of developing, producing, and marketing specialty therapeutics using protein purification proprietary technology. Its product portfolio consists of Glassia, Bramitob, Foster, Ixiaro, Factor-IX, and others. The company has two segments namely, Proprietary Products segment and Distribution segment. It derives the majority of its revenue from the Proprietary products segment. The firm categorizes its products in Lung Disease, Vaccines, Haemophilia, Immunoglobulins, Critical care, and Diagnostics.

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