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XOMA (STU:X0M1) Cyclically Adjusted Book per Share : €2.74 (As of Mar. 2024)


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What is XOMA 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.

XOMA's adjusted book value per share for the three months ended in Mar. 2024 was €6.506. 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 €2.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, XOMA's average Cyclically Adjusted Book Growth Rate was 57.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 33.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.30% 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 XOMA was 33.60% per year. The lowest was -55.00% per year. And the median was -7.40% per year.

As of today (2024-06-09), XOMA's current stock price is €21.20. XOMA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.74. XOMA's Cyclically Adjusted PB Ratio of today is 7.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of XOMA was 43.18. The lowest was 4.51. And the median was 12.54.


XOMA Cyclically Adjusted Book per Share Historical Data

The historical data trend for XOMA'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.

XOMA Cyclically Adjusted Book per Share Chart

XOMA 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 2.10 1.01 0.67 1.61 2.72

XOMA 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 1.90 2.15 2.63 2.72 2.74

Competitive Comparison of XOMA's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, XOMA'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.


XOMA's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



XOMA 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, XOMA'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)
=6.506/131.7762*131.7762
=6.506

Current CPI (Mar. 2024) = 131.7762.

XOMA Quarterly Data

Book Value per Share CPI Adj_Book
201406 -1.041 100.560 -1.364
201409 -2.620 100.428 -3.438
201412 0.434 99.070 0.577
201503 -2.115 99.621 -2.798
201506 -4.726 100.684 -6.185
201509 -4.379 100.392 -5.748
201512 -0.356 99.792 -0.470
201603 -1.123 100.470 -1.473
201606 -3.018 101.688 -3.911
201609 -4.609 101.861 -5.963
201612 -7.320 101.863 -9.470
201703 -3.847 102.862 -4.928
201706 -3.413 103.349 -4.352
201709 0.419 104.136 0.530
201712 0.593 104.011 0.751
201803 0.549 105.290 0.687
201806 0.496 106.317 0.615
201809 0.118 106.507 0.146
201812 1.900 105.998 2.362
201903 2.438 107.251 2.996
201906 2.129 108.070 2.596
201909 2.675 108.329 3.254
201912 4.057 108.420 4.931
202003 3.812 108.902 4.613
202006 3.094 108.767 3.749
202009 2.930 109.815 3.516
202012 6.323 109.897 7.582
202103 6.093 111.754 7.185
202106 8.552 114.631 9.831
202109 8.381 115.734 9.543
202112 11.093 117.630 12.427
202203 11.131 121.301 12.092
202206 11.172 125.017 11.776
202209 11.491 125.227 12.092
202212 10.217 125.222 10.752
202303 9.329 127.348 9.653
202306 8.856 128.729 9.066
202309 8.650 129.860 8.778
202312 7.073 129.419 7.202
202403 6.506 131.776 6.506

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


XOMA  (STU:X0M1) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.20/2.74
=7.74

* 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 XOMA was 43.18. The lowest was 4.51. And the median was 12.54.


Be Aware

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


XOMA Cyclically Adjusted Book per Share Related Terms

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


XOMA (STU:X0M1) Business Description

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Address
2200 Powell Street, Suite 310, Emeryville, CA, USA, 94608
XOMA Corp is a biotechnology royalty aggregator playing a role in helping biotech companies achieve their goal of improving human health. XOMA acquires the potential future economics associated with pre-commercial therapeutic candidates that have been licensed to pharmaceutical or biotechnology companies. When XOMA acquires future economic rights, the seller receives non-dilutive, non-recourse funding that can use to advance their internal drug candidate(s) or for general corporate purposes.

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