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Chemical Works of Gedeon Richter (STU:RIG2) Cyclically Adjusted PB Ratio : 1.61 (As of May. 19, 2024)


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What is Chemical Works of Gedeon Richter Cyclically Adjusted PB Ratio?

As of today (2024-05-19), Chemical Works of Gedeon Richter's current share price is €23.50. Chemical Works of Gedeon Richter's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €14.63. Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio for today is 1.61.

The historical rank and industry rank for Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:RIG2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 1.73   Max: 2.4
Current: 1.62

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

STU:RIG2's Cyclically Adjusted PB Ratio is ranked better than
54.32% of 672 companies
in the Drug Manufacturers industry
Industry Median: 1.88 vs STU:RIG2: 1.62

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 adjusted book value per share data for the three months ended in Dec. 2023 was €16.192. 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 €14.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chemical Works of Gedeon Richter Cyclically Adjusted PB Ratio Historical Data

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

Chemical Works of Gedeon Richter Cyclically Adjusted PB Ratio Chart

Chemical Works of Gedeon Richter 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 1.87 2.03 2.13 1.57 1.53

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 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 1.57 1.32 1.50 1.56 1.53

Competitive Comparison of Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.50/14.63
=1.61

* 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.

Chemical Works of Gedeon Richter's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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)
=16.192/160.3997*160.3997
=16.192

Current CPI (Dec. 2023) = 160.3997.

Chemical Works of Gedeon Richter Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.884 100.370 12.599
201406 7.997 100.370 12.780
201409 8.074 100.074 12.941
201412 7.883 98.816 12.796
201503 8.270 99.704 13.304
201506 8.622 100.962 13.698
201509 8.564 99.704 13.777
201512 8.677 99.704 13.959
201603 8.884 99.482 14.324
201606 9.011 100.814 14.337
201609 9.167 100.370 14.650
201612 9.533 101.406 15.079
201703 9.852 102.147 15.470
201706 9.564 102.724 14.934
201709 9.778 102.902 15.242
201712 9.262 103.627 14.336
201803 9.470 104.219 14.575
201806 9.738 105.922 14.747
201809 9.787 106.588 14.728
201812 9.571 106.440 14.423
201903 9.965 108.068 14.791
201906 9.973 109.475 14.612
201909 10.416 109.623 15.241
201912 10.119 110.659 14.667
202003 10.534 112.287 15.048
202006 10.957 112.583 15.611
202009 11.106 113.398 15.709
202012 11.370 113.694 16.041
202103 11.775 116.358 16.232
202106 11.554 118.579 15.629
202109 12.182 119.541 16.346
202112 12.884 122.058 16.931
202203 13.304 126.351 16.889
202206 14.198 132.420 17.198
202209 15.431 143.597 17.237
202212 14.967 152.036 15.790
202303 15.320 158.105 15.542
202306 14.623 158.993 14.752
202309 15.514 161.140 15.443
202312 16.192 160.400 16.192

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.


Chemical Works of Gedeon Richter  (STU:RIG2) 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.


Chemical Works of Gedeon Richter Cyclically Adjusted PB Ratio Related Terms

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Chemical Works of Gedeon Richter (STU:RIG2) Business Description

Traded in Other Exchanges
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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