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Cytori Cell Research Institute (TSE:3750) Cyclically Adjusted PB Ratio : 2.19 (As of Jun. 09, 2024)


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What is Cytori Cell Research Institute Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Cytori Cell Research Institute's current share price is 円1015.00. Cytori Cell Research Institute's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円463.75. Cytori Cell Research Institute's Cyclically Adjusted PB Ratio for today is 2.19.

The historical rank and industry rank for Cytori Cell Research Institute's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:3750' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 2.39   Max: 3.26
Current: 2.19

During the past years, Cytori Cell Research Institute's highest Cyclically Adjusted PB Ratio was 3.26. The lowest was 0.64. And the median was 2.39.

TSE:3750's Cyclically Adjusted PB Ratio is ranked worse than
56.58% of 661 companies
in the Biotechnology industry
Industry Median: 1.75 vs TSE:3750: 2.19

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.

Cytori Cell Research Institute's adjusted book value per share data for the three months ended in Dec. 2023 was 円235.205. 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 円463.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cytori Cell Research Institute Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cytori Cell Research Institute'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.

Cytori Cell Research Institute Cyclically Adjusted PB Ratio Chart

Cytori Cell Research Institute Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.94 3.05 2.49 2.41

Cytori Cell Research Institute Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.57 2.41 2.19 2.52 2.46

Competitive Comparison of Cytori Cell Research Institute's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Cytori Cell Research Institute'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.


Cytori Cell Research Institute's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Cytori Cell Research Institute's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cytori Cell Research Institute's Cyclically Adjusted PB Ratio falls into.



Cytori Cell Research Institute 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.

Cytori Cell Research Institute's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1015.00/463.75
=2.19

* 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.

Cytori Cell Research Institute's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cytori Cell Research Institute's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=235.205/106.8000*106.8000
=235.205

Current CPI (Dec. 2023) = 106.8000.

Cytori Cell Research Institute Quarterly Data

Book Value per Share CPI Adj_Book
201403 421.417 95.700 470.296
201406 413.280 98.000 450.391
201409 407.709 98.500 442.064
201412 421.553 97.900 459.876
201503 444.242 97.900 484.628
201506 488.106 98.400 529.774
201509 486.327 98.500 527.307
201512 487.099 98.100 530.297
201603 449.077 97.900 489.902
201606 421.374 98.100 458.744
201609 462.043 98.000 503.533
201612 458.508 98.400 497.649
201703 389.149 98.100 423.661
201706 379.608 98.500 411.595
201709 378.779 98.800 409.449
201712 403.353 99.400 433.381
201803 458.090 99.200 493.186
201806 492.796 99.200 530.551
201809 474.508 99.900 507.282
201812 481.198 99.700 515.466
201903 536.388 99.700 574.586
201906 520.646 99.800 557.164
201909 520.022 100.100 554.829
201912 511.793 100.500 543.876
202003 568.056 100.300 604.869
202006 627.573 99.900 670.919
202009 510.478 99.900 545.736
202012 505.337 99.300 543.504
202103 406.971 99.900 435.080
202106 399.267 99.500 428.560
202109 414.368 100.100 442.103
202112 428.757 100.100 457.455
202203 415.810 101.100 439.253
202206 383.615 101.800 402.457
202209 352.955 103.100 365.622
202212 334.870 104.100 343.555
202303 297.102 104.400 303.932
202306 279.036 105.200 283.280
202309 247.446 106.200 248.844
202312 235.205 106.800 235.205

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.


Cytori Cell Research Institute  (TSE:3750) 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.


Cytori Cell Research Institute Cyclically Adjusted PB Ratio Related Terms

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Cytori Cell Research Institute (TSE:3750) Business Description

Traded in Other Exchanges
N/A
Address
1-1-1 Otemachi, Otemachi Park Building, Chiyoda-ku, Tokyo, JPN, 100-0004
Cytori Cell Research Institute Inc developing a new clinical approach to cell therapy to provide better medical care to patients by providing medical care that responds to unmet medical needs based on innovative regenerative medicine. Its product pipeline includes Habeo; ECCO-50 and others.

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