RCEL has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
RCEL has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today (2024-06-02), AVITA Medical's current share price is $9.61. AVITA Medical's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.12. AVITA Medical's Cyclically Adjusted PB Ratio for today is 4.53.
The historical rank and industry rank for AVITA Medical's Cyclically Adjusted PB Ratio or its related term are showing as below:
During the past years, AVITA Medical's highest Cyclically Adjusted PB Ratio was 115.43. The lowest was 2.59. And the median was 8.38.
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.
AVITA Medical's adjusted book value per share data for the three months ended in Mar. 2024 was $1.263. 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 $2.12 for the trailing ten years ended in Mar. 2024.
The historical data trend for AVITA Medical'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.
AVITA Medical 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 | 7.25 | 8.39 | 7.09 | 6.50 | 7.58 |
For the Medical Devices subindustry, AVITA Medical'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.
For the Medical Devices & Instruments industry and Healthcare sector, AVITA Medical's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where AVITA Medical's Cyclically Adjusted PB Ratio falls into.
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.
AVITA Medical's Cyclically Adjusted PB Ratio for today is calculated as
Cyclically Adjusted PB Ratio | = | Share Price | / | Cyclically Adjusted Book per Share |
= | 9.61 | / | 2.12 | |
= | 4.53 |
* 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.
AVITA Medical's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:
For example, AVITA Medical'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) |
= | 1.263 | / | 131.7762 | * | 131.7762 | |
= | 1.263 |
Current CPI (Mar. 2024) = 131.7762.
AVITA Medical Quarterly Data
Book Value per Share | CPI | Adj_Book | |
201406 | 0.282 | 100.560 | 0.370 |
201409 | 0.000 | 100.428 | 0.000 |
201412 | 0.098 | 99.070 | 0.130 |
201503 | 0.000 | 99.621 | 0.000 |
201506 | 0.134 | 100.684 | 0.175 |
201509 | 0.000 | 100.392 | 0.000 |
201512 | 0.209 | 99.792 | 0.276 |
201603 | 0.000 | 100.470 | 0.000 |
201606 | 0.171 | 101.688 | 0.222 |
201609 | 0.000 | 101.861 | 0.000 |
201612 | 0.207 | 101.863 | 0.268 |
201703 | 0.000 | 102.862 | 0.000 |
201706 | 0.111 | 103.349 | 0.142 |
201709 | 0.000 | 104.136 | 0.000 |
201712 | 0.215 | 104.011 | 0.272 |
201803 | 0.000 | 105.290 | 0.000 |
201806 | 0.219 | 106.317 | 0.271 |
201809 | 0.000 | 106.507 | 0.000 |
201812 | 0.266 | 105.998 | 0.331 |
201903 | 0.000 | 107.251 | 0.000 |
201906 | 0.223 | 108.070 | 0.272 |
201909 | 0.000 | 108.329 | 0.000 |
201912 | 0.205 | 108.420 | 0.249 |
202003 | 0.000 | 108.902 | 0.000 |
202006 | 3.373 | 108.767 | 4.087 |
202009 | 3.029 | 109.815 | 3.635 |
202012 | 2.756 | 109.897 | 3.305 |
202103 | 4.788 | 111.754 | 5.646 |
202106 | 4.646 | 114.631 | 5.341 |
202109 | 4.473 | 115.734 | 5.093 |
202112 | 0.000 | 117.630 | 0.000 |
202203 | 3.920 | 121.301 | 4.259 |
202206 | 3.702 | 125.017 | 3.902 |
202209 | 3.515 | 125.227 | 3.699 |
202212 | 3.362 | 125.222 | 3.538 |
202303 | 3.062 | 127.348 | 3.168 |
202306 | 2.698 | 128.729 | 2.762 |
202309 | 2.465 | 129.860 | 2.501 |
202312 | 1.910 | 129.419 | 1.945 |
202403 | 1.263 | 131.776 | 1.263 |
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.
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.
Thank you for viewing the detailed overview of AVITA Medical's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
James Corbett | director | 2 GOODYEAR, IRVINE CA 92618 |
Jeremy Curnock Cook | director | TARGETED GENETICS CORP, 1100 OLIVE WAY STE 100, SEATTLE WA 98101 |
David D O'toole | officer: CFO | 1640 MARENGO STREET, LOS ANGELES CA 90033 |
Donna Shiroma | officer: General Counsel | C/O AVITA MEDICAL, 28159 AVENUE STANFORD, SUITE 220, VALENCIA CA 91355 |
Cary Guy Vance | director | 800 EAST MIDDLEFIELD RD, MOUNTAIN VIEW CA 94043 |
Robert Mcnamara | director | C/O LDR HOLDING CORPORATION, 13785 RESEARCH BOULEVARD, SUITE 200, AUSTIN TX 78750 |
Michael S Perry | director, officer: Chief Executive Officer | C/O BIOTRANSPLANT INC, 196 BOSTON AVE SUITE 2800, MEDFORD MA 02155 |
Suzanne Crowe | director | C/O AVITA MEDICAL, 28159 AVENUE STANFORD, SUITE 220, VALENCIA CA 91355 |
Jan Stern Reed | director | C/O JAN STERN REED BAXTER INTERNATIONAL, ONE BAXTER PARKWAY DF2 2W, DEERFIELD IL 60015 |
Michael Holder | officer: Chief Financial Officer | 6170 RESEARCH RD., STE 103, FRISCO TX 75034 |
Kathy M. Mcgee | officer: Chief Operating Officer | C/O AVITA MEDICAL, 28159 AVENUE STANFORD, SUITE 220, VALENCIA CA 91355 |
Sean Ekins | officer: Sr. VP of Finance | C/O AVITA MEDICAL, 28159 AVENUE STANFORD, SUITE 220, VALENCIA CA 91355 |
David Mcintyre | officer: Chief Financial Officer | SUITE 4 LEVEL 46 2 PARK STREET, SIDNEY C3 2000 |
Damien Mcdonald | director | 5 MERCHANT SQUARE, NORTH WHARF ROAD, LONDON X0 W21AY |
Erin Liberto | officer: Chief Commercial Officer | C/O AVITA MEDICAL, 28159 AVENUE STANFORD, SUITE 220, VALENCIA CA 91355 |
From GuruFocus
By sperokesalga sperokesalga • 06-15-2023
By Value_Insider Value_Insider • 11-21-2022
By GuruFocus Research • 06-22-2023
By Marketwired • 08-14-2023
By sperokesalga sperokesalga • 03-02-2023
By sperokesalga sperokesalga • 04-13-2023
By Marketwired • 07-20-2023
By Value_Insider Value_Insider • 11-10-2022
By Marketwired • 06-29-2023
By Value_Insider Value_Insider • 12-19-2022