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ALLOS (BSP:ALOS3) Cyclically Adjusted Book per Share : R$39.05 (As of Mar. 2024)


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What is ALLOS Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

ALLOS's adjusted book value per share for the three months ended in Mar. 2024 was R$25.492. 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 R$39.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ALLOS's average Cyclically Adjusted Book Growth Rate was -2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of ALLOS was 1.10% per year. The lowest was 0.30% per year. And the median was 0.70% per year.

As of today (2024-05-28), ALLOS's current stock price is R$21.36. ALLOS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$39.05. ALLOS's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ALLOS was 1.42. The lowest was 0.39. And the median was 0.61.


ALLOS Cyclically Adjusted Book per Share Historical Data

The historical data trend for ALLOS's Cyclically Adjusted Book per Share 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.

ALLOS Cyclically Adjusted Book per Share Chart

ALLOS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.59 38.81 39.91 39.91 39.15

ALLOS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 40.15 39.81 39.39 39.15 39.05

Competitive Comparison of ALLOS's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, ALLOS'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.


ALLOS's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ALLOS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ALLOS Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, ALLOS'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)
=25.492/159.3724*159.3724
=25.492

Current CPI (Mar. 2024) = 159.3724.

ALLOS Quarterly Data

Book Value per Share CPI Adj_Book
201406 29.934 91.838 51.947
201409 30.245 92.602 52.053
201412 30.786 94.194 52.089
201503 31.039 97.799 50.581
201506 31.948 100.006 50.913
201509 32.234 101.392 50.667
201512 31.646 104.247 48.380
201603 31.891 106.979 47.510
201606 31.898 108.851 46.703
201609 32.111 109.986 46.530
201612 32.407 110.802 46.613
201703 32.638 111.869 46.497
201706 33.353 112.115 47.412
201709 33.627 112.777 47.520
201712 33.826 114.068 47.261
201803 34.151 114.868 47.382
201806 34.635 117.038 47.163
201809 34.975 117.881 47.285
201812 33.419 118.340 45.006
201903 36.582 120.124 48.535
201906 36.619 120.977 48.241
201909 21.867 121.292 28.732
201912 24.245 123.436 31.303
202003 24.638 124.092 31.643
202006 24.785 123.557 31.969
202009 24.854 125.095 31.664
202012 24.707 129.012 30.521
202103 24.877 131.660 30.113
202106 25.011 133.871 29.776
202109 25.247 137.913 29.175
202112 25.450 141.992 28.565
202203 25.763 146.537 28.020
202206 25.295 149.784 26.914
202209 26.057 147.800 28.097
202212 25.611 150.207 27.174
202303 26.222 153.352 27.251
202306 26.002 154.519 26.819
202309 26.041 155.464 26.696
202312 25.310 157.148 25.668
202403 25.492 159.372 25.492

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


ALLOS  (BSP:ALOS3) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

ALLOS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.36/39.05
=0.55

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ALLOS was 1.42. The lowest was 0.39. And the median was 0.61.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


ALLOS Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of ALLOS's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ALLOS (BSP:ALOS3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ALLOS SA (BSP:ALOS3) » Definitions » Cyclically Adjusted Book per Share
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Address
Rua Dias Ferreira, 190/3rd Floor, Leblon, Rio de Janeiro, RJ, BRA
ALLOS SA Formerly Aliansce Sonae Shopping Centers SA is a full-service company engaged in investing, directly or indirectly in commercial centers, shopping malls, and similar ventures, and in other companies as a partner or stockholder, as well as rendering commercial advisory services, and management of shopping malls and condominiums. It has three operating segments; Rent refers to the operating leases of the shopping malls that include rent, assignment of the right of use, and transfer fee revenue, Parking lot refers to the operation of the parking lot of the shopping mall, and Rendering of services involves the trading, rental, and condominium management and development/planning services carried out in shopping malls owned by the Company and third parties.

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