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Hospira (FRA:HOS) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Hospira Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hospira Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hospira'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.

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Hospira Cyclically Adjusted PB Ratio Chart

Hospira Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
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Hospira Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Hospira's Cyclically Adjusted PB Ratio

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


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

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

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



Hospira 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.

Hospira's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2015 is calculated as:

For example, Hospira's adjusted Book Value per Share data for the three months ended in Jun. 2015 was:

Adj_Book=Book Value per Share/CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=18.622/100.6839*100.6839
=18.622

Current CPI (Jun. 2015) = 100.6839.

Hospira Quarterly Data

Book Value per Share CPI Adj_Book
200509 6.593 83.876 7.914
200512 6.924 83.032 8.396
200603 6.437 84.298 7.688
200606 6.531 85.606 7.681
200609 6.647 85.606 7.818
200612 6.609 85.142 7.815
200703 6.598 86.640 7.667
200706 6.985 87.906 8.000
200709 7.378 87.964 8.445
200712 7.560 88.616 8.589
200803 7.695 90.090 8.600
200806 8.196 92.320 8.938
200809 8.287 92.307 9.039
200812 8.235 88.697 9.348
200903 9.269 89.744 10.399
200906 9.725 91.003 10.760
200909 10.360 91.120 11.447
200912 11.008 91.111 12.165
201003 12.710 91.821 13.937
201006 14.412 91.962 15.779
201009 14.326 92.162 15.651
201012 14.437 92.474 15.719
201103 14.694 94.283 15.692
201106 14.602 95.235 15.438
201109 14.074 95.727 14.803
201112 13.557 95.213 14.336
201203 13.934 96.783 14.496
201206 14.366 96.819 14.939
201209 14.238 97.633 14.683
201212 14.022 96.871 14.574
201303 13.924 98.209 14.275
201306 13.261 98.518 13.553
201309 13.126 98.790 13.378
201312 13.025 98.326 13.337
201403 13.404 99.695 13.537
201406 14.198 100.560 14.216
201409 15.381 100.428 15.420
201412 15.880 99.070 16.139
201503 18.398 99.621 18.594
201506 18.622 100.684 18.622

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.


Hospira  (FRA:HOS) 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.


Hospira Cyclically Adjusted PB Ratio Related Terms

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Hospira (FRA:HOS) Business Description

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Hospira Inc was incorporated in Delaware on September 16, 2003. The Company is a provider of injectable drugs and infusion technologies, and is also engaged in developing, manufacturing, marketing and distribution. Its portfolio includes generic acute-care and oncology injectables, biosimilars, and integrated infusion therapy and medication management products. Its portfolio of products is used by hospitals and alternate site providers, such as clinics, home healthcare providers and long-term care facilities. The Company's business segments are Specialty Injectable Pharmaceuticals, Medication Management and Other Pharmaceuticals. Specialty Injectable Pharmaceuticals consists of generic injectable pharmaceuticals products. Generic injectable pharmaceuticals provide customers with a lower-cost alternative to branded products when associated patent protection expires, when patents are declared invalid, or when the generic products do not infringe the patents of others. Our generic injectable pharmaceuticals are sold in therapeutic areas including analgesia, anesthesia, anti-infectives, cardiovascular, oncology, and other. Medication Management offer the Hospira MedNet safety software system, which is designed for hospitals to customize intravenous drug dosage limits and track drug delivery to prevent medication errors. The wireless network version of the Hospira MedNet system establishes real-time send-and-receive capability and can interface with select hospital and pharmacy information systems. Other Pharmaceuticals primarily consists of large volume I.V. solutions, nutritionals and contract manufacturing services. We offer infusion therapy solutions and related supplies that include I.V. solutions for general use, I.V. nutrition products, and solutions for washing and cleansing of wounds or surgical sites. The Company's primary customers include hospitals, wholesalers, integrated delivery networks and alternate site facilities. Its competitors include Baxter International Inc.; Becton, Dickinson and Company; Fresenius Kabi AG; Mallinckrodt plc; Mylan Inc; Par Pharmaceuticals Companies, Inc.; Pfizer Inc.; Sandoz; Sanofi S.A. and Teva Pharmaceuticals, Aspen Medical; Fresenius Kabi; Pfizer; Sandoz and a number of smaller competitors and the originator companies. The Company's operations and business activities are subject to extensive legal and regulatory requirements that are enforced by numerous governmental agencies in the countries in which it do business.

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