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Phibro Animal Health (Phibro Animal Health) Cyclically Adjusted PB Ratio : 3.68 (As of May. 24, 2024)


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What is Phibro Animal Health Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Phibro Animal Health's current share price is $18.46. Phibro Animal Health's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.01. Phibro Animal Health's Cyclically Adjusted PB Ratio for today is 3.68.

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

PAHC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 3.45   Max: 6
Current: 3.67

During the past years, Phibro Animal Health's highest Cyclically Adjusted PB Ratio was 6.00. The lowest was 2.16. And the median was 3.45.

PAHC's Cyclically Adjusted PB Ratio is ranked worse than
74.24% of 687 companies
in the Drug Manufacturers industry
Industry Median: 1.88 vs PAHC: 3.67

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.

Phibro Animal Health's adjusted book value per share data for the three months ended in Mar. 2024 was $6.668. 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 $5.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Phibro Animal Health Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Phibro Animal Health'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.

Phibro Animal Health Cyclically Adjusted PB Ratio Chart

Phibro Animal Health Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5.32 3.12

Phibro Animal Health 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 3.75 3.12 2.85 2.47 2.58

Competitive Comparison of Phibro Animal Health's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Phibro Animal Health'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.


Phibro Animal Health's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Phibro Animal Health 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.

Phibro Animal Health's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.46/5.01
=3.68

* 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.

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

For example, Phibro Animal Health'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)
=6.668/131.7762*131.7762
=6.668

Current CPI (Mar. 2024) = 131.7762.

Phibro Animal Health Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.391 100.560 0.512
201409 0.555 100.428 0.728
201412 0.668 99.070 0.889
201503 0.592 99.621 0.783
201506 0.758 100.684 0.992
201509 0.578 100.392 0.759
201512 1.358 99.792 1.793
201603 1.972 100.470 2.586
201606 2.296 101.688 2.975
201609 2.595 101.861 3.357
201612 2.857 101.863 3.696
201703 3.518 102.862 4.507
201706 3.791 103.349 4.834
201709 4.219 104.136 5.339
201712 4.188 104.011 5.306
201803 4.601 105.290 5.758
201806 4.583 106.317 5.680
201809 4.757 106.507 5.886
201812 5.081 105.998 6.317
201903 5.283 107.251 6.491
201906 5.340 108.070 6.511
201909 5.109 108.329 6.215
201912 5.374 108.420 6.532
202003 4.829 108.902 5.843
202006 4.652 108.767 5.636
202009 4.756 109.815 5.707
202012 5.273 109.897 6.323
202103 5.331 111.754 6.286
202106 5.889 114.631 6.770
202109 5.760 115.734 6.558
202112 5.908 117.630 6.619
202203 6.591 121.301 7.160
202206 6.479 125.017 6.829
202209 6.487 125.227 6.826
202212 6.626 125.222 6.973
202303 6.724 127.348 6.958
202306 6.975 128.729 7.140
202309 6.742 129.860 6.842
202312 6.686 129.419 6.808
202403 6.668 131.776 6.668

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.


Phibro Animal Health  (NAS:PAHC) 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.


Phibro Animal Health Cyclically Adjusted PB Ratio Related Terms

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


Phibro Animal Health (Phibro Animal Health) Business Description

Traded in Other Exchanges
Address
300 Frank W. Burr Boulevard, Suite 21, 3rd Floor, Glenpointe Centre East, Teaneck, NJ, USA, 07666-6712
Phibro Animal Health Corp operates as a diversified animal health and mineral nutrition company. It develops, manufactures, and markets products for a range of food animals comprising poultry, swine, beef and dairy cattle, and aquaculture. The product portfolio of the company includes animal health products such as antibacterials, anticoccidials, nutritional specialty products and vaccines, and mineral nutrition products. The company operates through three segments, Animal Health, Mineral Nutrition, and Performance Products, of which key revenue is derived from the Animal Health segment which relates to the development, manufacturing, and marketing of antibacterials, nutritional specialty products, and vaccines. The entity sells its products in the U.S. and other international countries.
Executives
Judith Weinstein officer: See Remarks C/O PHIBRO ANIMAL HEALTH CORP, 300 FRANK W. BURR BOULEVARD, STE 21, TEANECK NJ 07666
Alejandro Bernal director C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
E Thomas Corcoran director
Larry Lee Miller officer: Chief Operating Officer 8 HAZELWOOD COURT, WARREN NJ 07059
Damian Finio officer: Chief Financial Officer C/O IGI LABORATORIES, INC., 105 LINCOLN AVENUE, BUENA NJ 08310
Robin Aukerman officer: President,North America Region C/O PHIBRO, GLENPOINTE CENTRE EAST, 3RD FL, 300 FRANK W. BURR BLVD, STE 21, TEANECK NJ 07666
Daniel M Bendheim director, officer: Exec. VP, Corporate Strategy 300 FRANK W. BURR BOULEVARD, SUITE 21, TEANECK NJ 07666
Dean J Warras officer: Pres Animal Health & Nutr N.A. 5113 SPYGLASS HILL, QUINCY IL 62305
Jack Bendheim director, 10 percent owner, officer: President and CEO C/O EMPIRE RESOURCES, INC., 1 PARKER PLAZA, SUIET 10, FORT LEE NJ 07024
Bfi Co., Llc 10 percent owner 300 FRANK W. BURR BLVD., STE 21, TEANECK NJ 07666
Jonathan Bendheim director GLENPOINTE CENTRE EAST, 3RD FLOOR, 300 FRANK W. BURR BLVD. SUITE 21, TEANECK NJ 07666
Anthony Andolino officer: SEE REMARKS GLENPOINTE CENTRE EAST, 3RD FLOOR, 300 FRANK W. BURR BLVD., STE 21, TEANECK NJ 07666
Richard G Johnson officer: Chief Financial Officer 7 WEST 96TH STREET, APT. 11C, NEW YORK NY 10025
Gerald K Carlson director 2496 OLD BEACH ROAD, WAYZATA MN 55391
Thomas G Dagger officer: SVP, Gen Counsel and Corp Sec 41 WILCOX DRIVE, MOUNTAIN LAKES NJ 07046