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Interpace Biosciences (STU:PF42) Cyclically Adjusted PB Ratio : 0.05 (As of Jun. 06, 2024)


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What is Interpace Biosciences Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Interpace Biosciences's current share price is €1.23. Interpace Biosciences's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €24.83. Interpace Biosciences's Cyclically Adjusted PB Ratio for today is 0.05.

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

STU:PF42' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.71
Current: 0.06

During the past years, Interpace Biosciences's highest Cyclically Adjusted PB Ratio was 0.71. The lowest was 0.01. And the median was 0.04.

STU:PF42's Cyclically Adjusted PB Ratio is ranked better than
95.52% of 134 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.985 vs STU:PF42: 0.06

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.

Interpace Biosciences's adjusted book value per share data for the three months ended in Mar. 2024 was €-12.853. 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 €24.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Interpace Biosciences Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Interpace Biosciences'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.

Interpace Biosciences Cyclically Adjusted PB Ratio Chart

Interpace Biosciences Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.07 0.02 0.03

Interpace Biosciences 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 0.02 0.02 0.02 0.03 0.05

Competitive Comparison of Interpace Biosciences's Cyclically Adjusted PB Ratio

For the Diagnostics & Research subindustry, Interpace Biosciences'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.


Interpace Biosciences's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

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

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



Interpace Biosciences 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.

Interpace Biosciences's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.23/24.83
=0.05

* 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.

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

For example, Interpace Biosciences'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)
=-12.853/131.7762*131.7762
=-12.853

Current CPI (Mar. 2024) = 131.7762.

Interpace Biosciences Quarterly Data

Book Value per Share CPI Adj_Book
201406 140.626 100.560 184.281
201409 128.444 100.428 168.538
201412 106.237 99.070 141.310
201503 94.792 99.621 125.388
201506 54.894 100.684 71.846
201509 31.232 100.392 40.996
201512 67.763 99.792 89.481
201603 41.067 100.470 53.863
201606 29.367 101.688 38.056
201609 -7.257 101.861 -9.388
201612 28.449 101.863 36.803
201703 34.166 102.862 43.770
201706 16.101 103.349 20.530
201709 13.321 104.136 16.857
201712 12.102 104.011 15.333
201803 11.572 105.290 14.483
201806 11.705 106.317 14.508
201809 10.913 106.507 13.502
201812 4.732 105.998 5.883
201903 8.310 107.251 10.210
201906 7.143 108.070 8.710
201909 5.609 108.329 6.823
201912 -1.028 108.420 -1.249
202003 -8.885 108.902 -10.751
202006 0.372 108.767 0.451
202009 -14.355 109.815 -17.226
202012 -5.895 109.897 -7.069
202103 -16.223 111.754 -19.129
202106 -7.205 114.631 -8.283
202109 -7.870 115.734 -8.961
202112 -8.948 117.630 -10.024
202203 -9.526 121.301 -10.349
202206 -10.724 125.017 -11.304
202209 -14.650 125.227 -15.416
202212 -13.857 125.222 -14.582
202303 -13.548 127.348 -14.019
202306 -13.317 128.729 -13.632
202309 -13.622 129.860 -13.823
202312 -12.996 129.419 -13.233
202403 -12.853 131.776 -12.853

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.


Interpace Biosciences  (STU:PF42) 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.


Interpace Biosciences Cyclically Adjusted PB Ratio Related Terms

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


Interpace Biosciences (STU:PF42) Business Description

Traded in Other Exchanges
Address
300 Interpace Parkway, Morris Corporate Center 1, Building C, Parsippany, NJ, USA, 07054
Interpace Biosciences Inc is engaged in the life sciences industry. It provides molecular diagnostics, bioinformatics, and pathology services for the evaluation of the risk of cancer by leveraging the latest technology in personalized medicine for improved patient diagnosis and management. The company develops and commercializes genomic tests and related first-line assays principally focused on the early detection of patients with indeterminate biopsies and at high risk of cancer using the latest technology. It operates under one segment which is the business of developing and selling diagnostic clinical services.

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