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CresudCIF y A (BUE:CRES) Cyclically Adjusted Book per Share : ARS102.55 (As of Dec. 2023)


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What is CresudCIF y A 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.

CresudCIF y A's adjusted book value per share for the three months ended in Dec. 2023 was ARS807.510. 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 ARS102.55 for the trailing ten years ended in Dec. 2023.

During the past 12 months, CresudCIF y A's average Cyclically Adjusted Book Growth Rate was 106.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 54.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 45.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 35.50% 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 CresudCIF y A was 54.60% per year. The lowest was 6.40% per year. And the median was 13.00% per year.

As of today (2024-05-22), CresudCIF y A's current stock price is ARS1107.45. CresudCIF y A's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ARS102.55. CresudCIF y A's Cyclically Adjusted PB Ratio of today is 10.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CresudCIF y A was 12.98. The lowest was 1.49. And the median was 3.79.


CresudCIF y A Cyclically Adjusted Book per Share Historical Data

The historical data trend for CresudCIF y A'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.

CresudCIF y A Cyclically Adjusted Book per Share Chart

CresudCIF y A Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.63 18.17 25.60 39.96 67.13

CresudCIF y A Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 49.64 57.34 67.13 81.72 102.55

Competitive Comparison of CresudCIF y A's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, CresudCIF y A'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.


CresudCIF y A's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CresudCIF y A's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CresudCIF y A 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, CresudCIF y A'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)
=807.51/129.4194*129.4194
=807.510

Current CPI (Dec. 2023) = 129.4194.

CresudCIF y A Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.210 99.695 5.465
201406 13.066 100.560 16.816
201409 3.242 100.428 4.178
201412 2.826 99.070 3.692
201503 2.214 99.621 2.876
201506 14.372 100.684 18.474
201509 2.716 100.392 3.501
201512 2.666 99.792 3.457
201603 0.000 100.470 0.000
201606 24.646 101.688 31.367
201609 1.257 101.861 1.597
201612 4.111 101.863 5.223
201703 5.142 102.862 6.470
201706 29.593 103.349 37.058
201709 30.090 104.136 37.396
201712 35.156 104.011 43.744
201803 34.931 105.290 42.936
201806 67.192 106.317 81.793
201809 49.349 106.507 59.965
201812 50.048 105.998 61.107
201903 51.910 107.251 62.640
201906 45.232 108.070 54.168
201909 31.163 108.329 37.230
201912 28.877 108.420 34.470
202003 17.599 108.902 20.915
202006 72.993 108.767 86.852
202009 60.792 109.815 71.645
202012 57.972 109.897 68.270
202103 58.873 111.754 68.179
202106 87.130 114.631 98.370
202109 58.353 115.734 65.253
202112 90.746 117.630 99.841
202203 0.000 121.301 0.000
202206 291.311 125.017 301.570
202209 169.413 125.227 175.085
202212 207.572 125.222 214.530
202303 266.771 127.348 271.111
202306 354.286 128.729 356.187
202309 537.811 129.860 535.988
202312 807.510 129.419 807.510

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


CresudCIF y A  (BUE:CRES) 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.

CresudCIF y A's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1107.45/102.55
=10.80

* 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 CresudCIF y A was 12.98. The lowest was 1.49. And the median was 3.79.


Be Aware

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


CresudCIF y A Cyclically Adjusted Book per Share Related Terms

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


CresudCIF y A (BUE:CRES) Business Description

Industry
Traded in Other Exchanges
Address
Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA
Cresud SACIF y A is engaged in agricultural business and urban properties and investment business. Under its agricultural business the company produces oilseed grains and cereals, sugar cane and meat. The Agricultural business of the company is further comprised of four reportable segments which are Agricultural production, Land transformation and Sales, Corporate and Other segments. The company participates in the real estate business in Argentina through its subsidiary IRSA. The real estate business is further comprised of five reportable segments, namely Shopping Malls, Offices, Sales and Developments, Hotels and others.

CresudCIF y A (BUE:CRES) Headlines

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