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Curis (FRA:CUS0) Cyclically Adjusted Book per Share : €18.86 (As of Mar. 2024)


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What is Curis 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.

Curis's adjusted book value per share for the three months ended in Mar. 2024 was €1.477. 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 €18.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Curis's average Cyclically Adjusted Book Growth Rate was -19.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -13.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -11.50% 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 Curis was -6.80% per year. The lowest was -16.60% per year. And the median was -11.70% per year.

As of today (2024-06-06), Curis's current stock price is €8.70. Curis's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €18.86. Curis's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Curis was 9.29. The lowest was 0.17. And the median was 1.97.


Curis Cyclically Adjusted Book per Share Historical Data

The historical data trend for Curis'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.

Curis Cyclically Adjusted Book per Share Chart

Curis 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 31.09 23.38 26.25 24.45 12.32

Curis 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 21.34 22.25 25.75 12.32 18.86

Competitive Comparison of Curis's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, Curis'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.


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

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

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



Curis 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, Curis'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)
=1.477/131.7762*131.7762
=1.477

Current CPI (Mar. 2024) = 131.7762.

Curis Quarterly Data

Book Value per Share CPI Adj_Book
201406 33.727 100.560 44.197
201409 31.261 100.428 41.019
201412 28.077 99.070 37.346
201503 63.081 99.621 83.442
201506 55.918 100.684 73.186
201509 52.736 100.392 69.222
201512 45.911 99.792 60.626
201603 38.931 100.470 51.062
201606 31.751 101.688 41.146
201609 24.102 101.861 31.180
201612 19.659 101.863 25.432
201703 13.976 102.862 17.905
201706 5.708 103.349 7.278
201709 15.578 104.136 19.713
201712 12.350 104.011 15.647
201803 7.084 105.290 8.866
201806 3.668 106.317 4.546
201809 0.405 106.507 0.501
201812 -2.384 105.998 -2.964
201903 -7.330 107.251 -9.006
201906 -10.805 108.070 -13.175
201909 -14.230 108.329 -17.310
201912 -18.362 108.420 -22.318
202003 -19.924 108.902 -24.109
202006 -10.655 108.767 -12.909
202009 -8.574 109.815 -10.289
202012 23.477 109.897 28.151
202103 22.376 111.754 26.385
202106 20.384 114.631 23.433
202109 19.097 115.734 21.744
202112 17.519 117.630 19.626
202203 15.055 121.301 16.355
202206 12.786 125.017 13.477
202209 11.681 125.227 12.292
202212 9.098 125.222 9.574
202303 7.074 127.348 7.320
202306 4.873 128.729 4.988
202309 4.711 129.860 4.781
202312 3.060 129.419 3.116
202403 1.477 131.776 1.477

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


Curis  (FRA:CUS0) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.70/18.86
=0.46

* 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 Curis was 9.29. The lowest was 0.17. And the median was 1.97.


Be Aware

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


Curis Cyclically Adjusted Book per Share Related Terms

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


Curis (FRA:CUS0) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Curis Inc (FRA:CUS0) » Definitions » Cyclically Adjusted Book per Share
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Address
128 Spring Street, Building C - Suite 500, Lexington, MA, USA, 02421
Curis Inc is a biotechnology company that develops and commercializes innovative drugs and therapies in the immuno-oncology and precision oncology therapeutic areas. The company targets solid tumors, diffuse large B-cell lymphoma, advanced solid tumors or lymphomas, hematological cancers, and others. Its pipeline products include Fimepinostat, CA-170, CA-4948, CA-327, and Erivedge.

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