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Chemical Works of Gedeon Richter (LUX:CHWGR) Cyclically Adjusted Book per Share : $16.52 (As of Dec. 2023)


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What is Chemical Works of Gedeon Richter 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.

Chemical Works of Gedeon Richter's adjusted book value per share for the three months ended in Dec. 2023 was $17.467. 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 $16.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Chemical Works of Gedeon Richter's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.00% 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 Chemical Works of Gedeon Richter was 16.00% per year. The lowest was 7.10% per year. And the median was 11.85% per year.

As of today (2024-05-16), Chemical Works of Gedeon Richter's current stock price is $27.00. Chemical Works of Gedeon Richter's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $16.52. Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio of today is 1.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Chemical Works of Gedeon Richter was 2.40. The lowest was 1.32. And the median was 1.73.


Chemical Works of Gedeon Richter Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chemical Works of Gedeon Richter'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.

Chemical Works of Gedeon Richter Cyclically Adjusted Book per Share Chart

Chemical Works of Gedeon Richter 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 11.68 12.35 12.50 14.05 16.52

Chemical Works of Gedeon Richter Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.05 16.04 16.50 15.62 16.52

Competitive Comparison of Chemical Works of Gedeon Richter's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Chemical Works of Gedeon Richter'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.


Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio falls into.



Chemical Works of Gedeon Richter 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, Chemical Works of Gedeon Richter'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)
=17.467/160.9178*160.9178
=17.467

Current CPI (Dec. 2023) = 160.9178.

Chemical Works of Gedeon Richter Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.505 100.370 13.636
201406 8.626 100.370 13.830
201409 8.710 100.074 14.006
201412 8.504 98.816 13.848
201503 8.921 99.704 14.398
201506 9.301 100.962 14.824
201509 9.239 99.704 14.911
201512 9.361 99.704 15.108
201603 9.583 99.482 15.501
201606 9.720 100.814 15.515
201609 9.889 100.370 15.854
201612 10.284 101.406 16.319
201703 10.628 102.147 16.743
201706 10.317 102.724 16.162
201709 10.548 102.902 16.495
201712 9.991 103.627 15.515
201803 10.216 104.219 15.774
201806 10.505 105.922 15.959
201809 10.558 106.588 15.940
201812 10.325 106.440 15.610
201903 10.750 108.068 16.007
201906 10.759 109.475 15.815
201909 11.236 109.623 16.494
201912 10.916 110.659 15.874
202003 11.363 112.287 16.284
202006 11.820 112.583 16.895
202009 11.981 113.398 17.002
202012 12.265 113.694 17.359
202103 12.702 116.358 17.566
202106 12.464 118.579 16.914
202109 13.141 119.541 17.689
202112 13.899 122.058 18.324
202203 14.352 126.351 18.278
202206 15.316 132.420 18.612
202209 16.646 143.597 18.654
202212 16.146 152.036 17.089
202303 16.526 158.105 16.820
202306 15.774 158.993 15.965
202309 16.736 161.140 16.713
202312 17.467 160.918 17.467

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


Chemical Works of Gedeon Richter  (LUX:CHWGR) 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.

Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.00/16.52
=1.63

* 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 Chemical Works of Gedeon Richter was 2.40. The lowest was 1.32. And the median was 1.73.


Be Aware

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


Chemical Works of Gedeon Richter Cyclically Adjusted Book per Share Related Terms

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


Chemical Works of Gedeon Richter (LUX:CHWGR) Business Description

Address
Gyomroi ut 19-21, Budapest, HUN, 1103
Chemical Works of Gedeon Richter PLC is a pharmaceutical company. The company focuses on the development and manufacture of gynaecological, cardiovascular and central nervous system products. It manufactures medicines including original, generic and licenced products for treatment in the therapeutic area. The group is active in two business segments namely, the Pharmaceuticals segment comprising the research and development, manufacturing, sales and marketing of pharmaceutical products, and Wholesale and Retail segment for the products of the company. The company operates internationally and the majority of its revenue is generated from the Pharmaceuticals segment.

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