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Gol Linhas Aereas Inteligentes (STU:GOQN) Cyclically Adjusted Book per Share : €-1.02 (As of Mar. 2024)


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What is Gol Linhas Aereas Inteligentes 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.

Gol Linhas Aereas Inteligentes's adjusted book value per share for the three months ended in Mar. 2024 was €-2.232. 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 €-1.02 for the trailing ten years ended in Mar. 2024.

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 Gol Linhas Aereas Inteligentes was -6.80% per year. The lowest was -40.50% per year. And the median was -19.80% per year.

As of today (2024-06-06), Gol Linhas Aereas Inteligentes's current stock price is €0.42. Gol Linhas Aereas Inteligentes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €-1.02. Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gol Linhas Aereas Inteligentes was 1091.50. The lowest was 0.12. And the median was 1.77.


Gol Linhas Aereas Inteligentes Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gol Linhas Aereas Inteligentes'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.

Gol Linhas Aereas Inteligentes Cyclically Adjusted Book per Share Chart

Gol Linhas Aereas Inteligentes 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 1.50 0.39 -0.15 -0.73 -1.21

Gol Linhas Aereas Inteligentes 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 -0.87 -1.02 -1.16 -1.21 -1.02

Competitive Comparison of Gol Linhas Aereas Inteligentes's Cyclically Adjusted Book per Share

For the Airlines subindustry, Gol Linhas Aereas Inteligentes'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.


Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio falls into.



Gol Linhas Aereas Inteligentes 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, Gol Linhas Aereas Inteligentes'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)
=-2.232/159.3724*159.3724
=-2.232

Current CPI (Mar. 2024) = 159.3724.

Gol Linhas Aereas Inteligentes Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.154 91.838 2.003
201409 0.446 92.602 0.768
201412 -1.132 94.194 -1.915
201503 -2.632 97.799 -4.289
201506 -0.179 100.006 -0.285
201509 -0.297 101.392 -0.467
201512 -0.411 104.247 -0.628
201603 -0.357 106.979 -0.532
201606 -0.358 108.851 -0.524
201609 -0.367 109.986 -0.532
201612 -0.394 110.802 -0.567
201703 -0.396 111.869 -0.564
201706 -0.400 112.115 -0.569
201709 -0.362 112.777 -0.512
201712 -0.574 114.068 -0.802
201803 -0.528 114.868 -0.733
201806 -0.676 117.038 -0.921
201809 -0.662 117.881 -0.895
201812 -0.721 118.340 -0.971
201903 -1.058 120.124 -1.404
201906 -1.096 120.977 -1.444
201909 -1.145 121.292 -1.504
201912 -1.074 123.436 -1.387
202003 -1.304 124.092 -1.675
202006 -1.419 123.557 -1.830
202009 -1.480 125.095 -1.886
202012 -1.468 129.012 -1.813
202103 -1.600 131.660 -1.937
202106 -1.636 133.871 -1.948
202109 -1.853 137.913 -2.141
202112 -2.074 141.992 -2.328
202203 -2.082 146.537 -2.264
202206 -2.363 149.784 -2.514
202209 -2.616 147.800 -2.821
202212 -2.403 150.207 -2.550
202303 -2.358 153.352 -2.451
202306 -2.426 154.519 -2.502
202309 -2.612 155.464 -2.678
202312 -2.709 157.148 -2.747
202403 -2.232 159.372 -2.232

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


Gol Linhas Aereas Inteligentes  (STU:GOQN) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gol Linhas Aereas Inteligentes was 1091.50. The lowest was 0.12. And the median was 1.77.


Be Aware

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


Gol Linhas Aereas Inteligentes Cyclically Adjusted Book per Share Related Terms

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


Gol Linhas Aereas Inteligentes (STU:GOQN) Business Description

Traded in Other Exchanges
Address
S/N, Portaria 3, Jardim Aeroporto, Praca Comandante Linneu Gomes, Sao Paulo, SP, BRA, 04626-020
Gol Intelligent Airlines Inc is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operate both domestic and international flights from which the majority of revenues come in from domestic operations.

Gol Linhas Aereas Inteligentes (STU:GOQN) Headlines

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