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Indivior (LSE:INDV) Cyclically Adjusted PB Ratio : 234.33 (As of May. 15, 2024)


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What is Indivior Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Indivior's current share price is £14.06. Indivior's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was £0.06. Indivior's Cyclically Adjusted PB Ratio for today is 234.33.

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

LSE:INDV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 197.33   Med: 239.42   Max: 294
Current: 231.96

During the past years, Indivior's highest Cyclically Adjusted PB Ratio was 294.00. The lowest was 197.33. And the median was 239.42.

LSE:INDV's Cyclically Adjusted PB Ratio is ranked worse than
99.85% of 667 companies
in the Drug Manufacturers industry
Industry Median: 1.88 vs LSE:INDV: 231.96

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.

Indivior's adjusted book value per share data for the three months ended in Mar. 2024 was £0.058. 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 £0.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indivior Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indivior'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.

Indivior Cyclically Adjusted PB Ratio Chart

Indivior 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 - - - - 190.82

Indivior 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 - - - 190.82 273.26

Competitive Comparison of Indivior's Cyclically Adjusted PB Ratio

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


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

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

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



Indivior 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.

Indivior's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.06/0.06
=234.33

* 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.

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

For example, Indivior'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)
=0.058/129.4194*129.4194
=0.058

Current CPI (Mar. 2024) = 129.4194.

Indivior Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 -2.112 99.070 -2.759
201503 -1.899 99.621 -2.467
201506 -1.492 100.684 -1.918
201509 -1.311 100.392 -1.690
201512 -1.297 99.792 -1.682
201603 -1.123 100.470 -1.447
201606 -0.816 101.688 -1.039
201609 -2.017 101.861 -2.563
201612 -1.640 101.863 -2.084
201703 -1.186 102.862 -1.492
201706 -0.720 103.349 -0.902
201709 -0.385 104.136 -0.478
201712 -1.050 104.011 -1.306
201803 -0.497 105.290 -0.611
201806 -0.222 106.317 -0.270
201809 0.252 106.507 0.306
201812 0.358 105.998 0.437
201903 0.694 107.251 0.837
201906 1.108 108.070 1.327
201909 1.393 108.329 1.664
201912 1.091 108.420 1.302
202003 0.215 108.902 0.256
202006 0.316 108.767 0.376
202009 0.421 109.815 0.496
202012 0.416 109.897 0.490
202103 0.805 111.754 0.932
202106 1.130 114.631 1.276
202109 0.810 115.734 0.906
202112 1.087 117.630 1.196
202203 1.247 121.301 1.330
202206 1.337 125.017 1.384
202209 1.455 125.227 1.504
202212 0.307 125.222 0.317
202303 0.430 127.348 0.437
202306 0.672 128.729 0.676
202309 -0.141 129.860 -0.141
202312 7.696 129.419 7.696
202403 0.058 129.419 0.058

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.


Indivior  (LSE:INDV) 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.


Indivior Cyclically Adjusted PB Ratio Related Terms

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


Indivior (LSE:INDV) Business Description

Traded in Other Exchanges
Address
234 Bath Road, Slough, Berkshire, GBR, SL1 4EE
Indivior PLC is a specialty and generic drug manufacturing company. The company is focused on the development, manufacture, and sale of prescription drugs based on buprenorphine for treatment of opioid dependence. The vast majority of Indivior's revenue is generated in the United States, followed by the rest of the world. The company considers merger and acquisition investment to be a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.

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