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Armata Pharmaceuticals (Armata Pharmaceuticals) Cyclically Adjusted PB Ratio : 0.04 (As of May. 23, 2024)


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What is Armata Pharmaceuticals Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Armata Pharmaceuticals's current share price is $2.60. Armata Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $66.94. Armata Pharmaceuticals's Cyclically Adjusted PB Ratio for today is 0.04.

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

ARMP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.08   Max: 0.3
Current: 0.04

During the past years, Armata Pharmaceuticals's highest Cyclically Adjusted PB Ratio was 0.30. The lowest was 0.01. And the median was 0.08.

ARMP's Cyclically Adjusted PB Ratio is ranked better than
94.16% of 651 companies
in the Biotechnology industry
Industry Median: 1.74 vs ARMP: 0.04

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.

Armata Pharmaceuticals's adjusted book value per share data for the three months ended in Mar. 2024 was $-1.564. 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 $66.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Armata Pharmaceuticals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Armata Pharmaceuticals'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.

Armata Pharmaceuticals Cyclically Adjusted PB Ratio Chart

Armata Pharmaceuticals 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 - 0.01 0.09 0.17 0.09

Armata Pharmaceuticals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.23 0.16 0.42 0.09 0.06

Competitive Comparison of Armata Pharmaceuticals's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Armata Pharmaceuticals'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.


Armata Pharmaceuticals's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Armata Pharmaceuticals 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.

Armata Pharmaceuticals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.60/66.94
=0.04

* 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.

Armata Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Armata Pharmaceuticals'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)
=-1.564/131.7762*131.7762
=-1.564

Current CPI (Mar. 2024) = 131.7762.

Armata Pharmaceuticals Quarterly Data

Book Value per Share CPI Adj_Book
201406 -349.233 100.560 -457.645
201409 420.755 100.428 552.093
201412 120.808 99.070 160.691
201503 -77.462 99.621 -102.465
201506 321.099 100.684 420.258
201509 372.751 100.392 489.282
201512 302.570 99.792 399.545
201603 211.733 100.470 277.707
201606 270.477 101.688 350.507
201609 229.485 101.861 296.882
201612 82.559 101.863 106.804
201703 56.449 102.862 72.317
201706 16.148 103.349 20.590
201709 14.648 104.136 18.536
201712 11.394 104.011 14.436
201803 9.600 105.290 12.015
201806 7.089 106.317 8.787
201809 5.826 106.507 7.208
201812 3.674 105.998 4.568
201903 2.119 107.251 2.604
201906 2.272 108.070 2.770
201909 1.825 108.329 2.220
201912 1.471 108.420 1.788
202003 1.796 108.902 2.173
202006 1.590 108.767 1.926
202009 1.319 109.815 1.583
202012 1.009 109.897 1.210
202103 1.364 111.754 1.608
202106 1.148 114.631 1.320
202109 0.952 115.734 1.084
202112 0.937 117.630 1.050
202203 1.704 121.301 1.851
202206 1.475 125.017 1.555
202209 1.261 125.227 1.327
202212 0.998 125.222 1.050
202303 0.621 127.348 0.643
202306 0.530 128.729 0.543
202309 -0.343 129.860 -0.348
202312 -0.888 129.419 -0.904
202403 -1.564 131.776 -1.564

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.


Armata Pharmaceuticals  (AMEX:ARMP) 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.


Armata Pharmaceuticals Cyclically Adjusted PB Ratio Related Terms

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


Armata Pharmaceuticals (Armata Pharmaceuticals) Business Description

Traded in Other Exchanges
Address
4503 Glencoe Avenue, Marina del Rey, CA, USA, 90292
Armata Pharmaceuticals Inc is a developer of pathogen-specific bacteriophage therapeutics for the treatment of antibiotic-resistant and difficult-to-treat bacterial infections using its proprietary bacteriophage-based technology. It is developing and advancing a broad pipeline of natural and synthetic phage candidates, including clinical candidates for Pseudomonas aeruginosa, Staphylococcus aureus, and other pathogens. In addition, in collaboration with Merck the company is developing proprietary synthetic phage candidates to target an undisclosed infectious disease agent. Further, the company is committed to advancing phage with drug development expertise that spans bench to clinic including in-house phage specific GMP manufacturing.
Executives
Richard Rychlik officer: Corporate Controller and PFO 5005 MCCONNELL AVENUE, LOS ANGELES CA 90066
Deborah Birx director, officer: Chief Executive Officer 3300 LOWELL STREET NW, WASHINGTON DC 20008
Julianne Averill officer: Chief Financial Officer 361 NEWBURY STREET, SUITE 500, BOSTON MA 02115
Erin Butler officer: Vice President,Finance & Admin 4375 LOMA RIVIERA COURT, SAN DIEGO CA 92110
Theravance Inc director, 10 percent owner 1350 OLD BAYSHORE HIGHWAY, SUITE 400, BURLINGAME CA 94010
Jules Haimovitz director 601 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98004
Innoviva Strategic Opportunities Llc director, 10 percent owner 1209 ORANGE STREET, WILMINGTON DE 19801
Robin Kramer director 999 VANDERBILT BEACH ROAD, 3RD FLOOR, NAPLES FL 34109
Steven Robert Martin officer: Chief Financial Officer 11011 NORTH TORREY PINES ROAD, LA JOLLA CA 92037
Kostas D Odysseas director 660 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830
Sarah J. Schlesinger director C/O ARIAD PHARMACEUTICALS, 26 LANDSDOWNE STREET, CAMBRIDGE MA 02139
Jeremy Curnock Cook director TARGETED GENETICS CORP, 1100 OLIVE WAY STE 100, SEATTLE WA 98101
Michael S Perry director C/O BIOTRANSPLANT INC, 196 BOSTON AVE SUITE 2800, MEDFORD MA 02155
Todd C. Peterson director C/O ARMATA PHARMACEUTICALS, INC., 4503 GLENCOE AVENUE, MARINA DEL REY CA 90292
H Stewart Parker director