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Life Technologies (FRA:IVN) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is Life Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Life Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Life Technologies'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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Life Technologies Cyclically Adjusted PB Ratio Chart

Life Technologies Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PB Ratio
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Life Technologies Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of Life Technologies's Cyclically Adjusted PB Ratio

For the Diagnostics & Research subindustry, Life Technologies'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.


Life Technologies's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Life Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Life Technologies 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.

Life Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2013 is calculated as:

For example, Life Technologies's adjusted Book Value per Share data for the three months ended in Sep. 2013 was:

Adj_Book=Book Value per Share/CPI of Sep. 2013 (Change)*Current CPI (Sep. 2013)
=21.55/98.7900*98.7900
=21.550

Current CPI (Sep. 2013) = 98.7900.

Life Technologies Quarterly Data

Book Value per Share CPI Adj_Book
200312 13.872 77.758 17.624
200403 14.046 79.066 17.550
200406 13.011 80.037 16.060
200409 12.894 80.121 15.898
200412 11.261 80.290 13.856
200503 12.362 81.555 14.974
200506 14.773 82.062 17.785
200509 13.637 83.876 16.062
200512 14.671 83.032 17.455
200603 15.856 84.298 18.582
200606 15.582 85.606 17.982
200609 13.540 85.606 15.625
200612 12.837 85.142 14.895
200703 12.498 86.640 14.251
200706 12.739 87.906 14.316
200709 12.798 87.964 14.373
200712 12.112 88.616 13.503
200803 11.844 90.090 12.988
200806 12.449 92.320 13.321
200809 13.233 92.307 14.162
200812 20.837 88.697 23.208
200903 15.258 89.744 16.796
200906 14.674 91.003 15.930
200909 14.248 91.120 15.447
200912 14.718 91.111 15.958
201003 16.235 91.821 17.467
201006 18.721 91.962 20.111
201009 18.295 92.162 19.611
201012 17.523 92.474 18.720
201103 16.771 94.283 17.573
201106 17.088 95.235 17.726
201109 17.796 95.727 18.365
201112 19.618 95.213 20.355
201203 19.984 96.783 20.398
201206 21.325 96.819 21.759
201209 20.834 97.633 21.081
201212 20.704 96.871 21.114
201303 21.107 98.209 21.232
201306 21.166 98.518 21.224
201309 21.550 98.790 21.550

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.


Life Technologies  (FRA:IVN) 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.


Life Technologies Cyclically Adjusted PB Ratio Related Terms

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Life Technologies (FRA:IVN) Business Description

Traded in Other Exchanges
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Address
Life Technologies Corp began operations as a California partnership in 1987 and incorporated in California in 1989. In 1997, the Company reincorporated as a Delaware corporation. On November 21, 2008, Invitrogen Corporation, a predecessor company to Life Technologies, completed the acquisition of Applied Biosystems, Inc. to form a new company called Life Technologies Corporation. The Company is a global life sciences company dedicated to improving the human condition. The Company's systems, consumables and services enable researchers and commercial markets to accelerate scientific exploration, to discoveries and developments that better the quality of life. The Company's products are also used in forensics, food and water testing and other industrial applications. The Company delivers a range of products and services, including systems, instruments, reagents, software, and custom services. Its growing portfolio of products includes innovative technologies for capillary electrophoresis-based sequencing, next generation sequencing, PCR, sample preparation, cell culture, RNA interference analysis, functional genomics research, proteomics and cell biology applications, as well as clinical diagnostic applications, forensics and animal, food, pharmaceutical and water testing analysis. The Company also provides its customers convenient and value-added purchasing options through thousands of sales and service professionals, e-commerce capabilities and onsite supply center solutions. The Company operates is business under three divisions: Molecular Biology Systems ('MBS'), Cell Systems ('CS'), and Genetic Systems ('GS'). The MBS division includes the molecular biology-based technologies, including basic and real-time PCR, RNAi, DNA synthesis, sample prep, transfection, cloning and protein expression profiling, protein analysis and thermo-cycler instrumentation. The CS division includes all product lines used in the study of cell function, including cell culture media and sera, stem cells and related tools, cellular imaging products, antibodies, drug discovery services and cell therapy related products. The GS division includes capillary electrophoresis systems and reagents and next generation sequencing systems and reagents, including the SOLiDTM and Ion TorrentTM systems, as well as reagent kits developed specifically for applied markets, such as forensics and food safety, animal health and pharmaceutical quality monitoring. The Company offers many different products and services and is continually developing and/or acquiring others. Some of its specific product categories include the following: 'High-throughput' gene cloning and expression technology; Pre-cast electrophoresis products; Antibodies; Magnetic beads; Molecular Probes fluorescence-based technologies; Transfection reagents; PCR and Real Time PCR systems and reagents; and RNA Interference reagents. The Company's manufacturing operations require a variety of raw materials, elec

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