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Benitec Biopharma (Benitec Biopharma) Cyclically Adjusted PB Ratio : 0.04 (As of Jun. 08, 2024)


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What is Benitec Biopharma Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Benitec Biopharma's current share price is $7.42. Benitec Biopharma's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $190.26. Benitec Biopharma's Cyclically Adjusted PB Ratio for today is 0.04.

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

BNTC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.05
Current: 0.04

During the past years, Benitec Biopharma's highest Cyclically Adjusted PB Ratio was 0.05. The lowest was 0.01. And the median was 0.01.

BNTC's Cyclically Adjusted PB Ratio is ranked better than
94.1% of 661 companies
in the Biotechnology industry
Industry Median: 1.75 vs BNTC: 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.

Benitec Biopharma's adjusted book value per share data for the three months ended in Mar. 2024 was $4.221. 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 $190.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Benitec Biopharma Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Benitec Biopharma'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.

Benitec Biopharma Cyclically Adjusted PB Ratio Chart

Benitec Biopharma Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
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Benitec Biopharma 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 - - - 0.01 0.03

Competitive Comparison of Benitec Biopharma's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Benitec Biopharma'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.


Benitec Biopharma's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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



Benitec Biopharma 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.

Benitec Biopharma's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.42/190.26
=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.

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

For example, Benitec Biopharma'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)
=4.221/131.7762*131.7762
=4.221

Current CPI (Mar. 2024) = 131.7762.

Benitec Biopharma Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 98.326 0.000
201406 3,746.833 100.560 4,909.963
201412 62.731 99.070 83.441
201503 0.000 99.621 0.000
201506 47.412 100.684 62.053
201509 0.000 100.392 0.000
201512 40.673 99.792 53.709
201603 38.941 100.470 51.075
201606 28.800 101.688 37.322
201609 30.819 101.861 39.870
201612 22.791 101.863 29.484
201703 26.829 102.862 34.370
201706 24.168 103.349 30.816
201709 21.543 104.136 27.261
201712 18.176 104.011 23.028
201803 14.814 105.290 18.541
201806 16.071 106.317 19.919
201809 0.000 106.507 0.000
201812 23.111 105.998 28.732
201903 0.000 107.251 0.000
201906 19.368 108.070 23.617
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 0.000 108.902 0.000
202006 157.025 108.767 190.242
202009 118.650 109.815 142.378
202012 54.757 109.897 65.659
202103 38.566 111.754 45.475
202106 41.628 114.631 47.854
202109 32.193 115.734 36.655
202112 22.543 117.630 25.254
202203 15.644 121.301 16.995
202206 5.996 125.017 6.320
202209 9.625 125.227 10.128
202212 5.464 125.222 5.750
202303 2.863 127.348 2.963
202306 0.123 128.729 0.126
202309 8.757 129.860 8.886
202312 5.967 129.419 6.076
202403 4.221 131.776 4.221

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.


Benitec Biopharma  (NAS:BNTC) 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.


Benitec Biopharma Cyclically Adjusted PB Ratio Related Terms

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


Benitec Biopharma (Benitec Biopharma) Business Description

Traded in Other Exchanges
N/A
Address
3940 Trust Way, Hayward, CA, USA, 94545
Benitec Biopharma Inc is a biotechnology company developing a proprietary therapeutic technology platform that combines RNA interference with gene therapy for providing sustained, long-lasting silencing of disease-causing genes from a single administration. Its technology has the potential to provide a one-shot cure for a wide range of diseases that are addressed by strict ongoing treatment regimens or that have no effective treatment or only palliative care options. The company is developing product candidates in chronic and life-threatening human disease areas including Orphan disease: Oculopharyngeal Muscular Dystrophy (OPMD) and Infectious disease: Hepatitis B Virus (HBV). BB-301 is currently under development by the group; it is designed to slow, or halt, the disease progression.
Executives
J Kevin Buchi director 41 MOORES ROAD, FRAZER PA 19355
Megan Boston director, officer: Executive Director LEVEL 14, 114 WILLIAM ST, MELBOURNE, VIC C3 3000
Steven Michael Oliveira 10 percent owner 18 FIELDSTONE COURT, NEW CITY NY 10956
Patrick Soon-shiong 10 percent owner 9922 JEFFERSON BOULEVARD, CULVER CITY CA 90232
Edward F Smith director C/O POLYMEDIX, INC., 3701 MARKET STREET, PHILADELPHIA PA 19104
California Capital Equity, Llc 10 percent owner 10182 CULVER BOULEVARD, CULVER CITY CA 90232
Nant Capital, Llc 10 percent owner 9922 JEFFERSON BOULEVARD, CULVER CITY CA 90232
Peter Francis director LEVEL 14, 114 WILLIAM ST, MELBOURNE, VIC C3 3000
Jerel A. Banks director, officer: Chief Executive Officer LEVEL 14, 114 WILLIAM ST, MELBOURNE, VIC C3 3000