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Grazziotin (BSP:CGRA3) Cyclically Adjusted PB Ratio : 0.67 (As of May. 23, 2024)


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What is Grazziotin Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Grazziotin's current share price is R$24.70. Grazziotin's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$37.01. Grazziotin's Cyclically Adjusted PB Ratio for today is 0.67.

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

BSP:CGRA3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.08   Max: 1.74
Current: 0.67

During the past years, Grazziotin's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.67. And the median was 1.08.

BSP:CGRA3's Cyclically Adjusted PB Ratio is ranked better than
70.73% of 731 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs BSP:CGRA3: 0.67

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.

Grazziotin's adjusted book value per share data for the three months ended in Mar. 2024 was R$44.304. 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$37.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grazziotin Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grazziotin'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.

Grazziotin Cyclically Adjusted PB Ratio Chart

Grazziotin 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 1.26 1.36 1.32 0.86 0.72

Grazziotin 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 0.84 0.82 0.71 0.72 0.73

Competitive Comparison of Grazziotin's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Grazziotin'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.


Grazziotin's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grazziotin's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Grazziotin 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.

Grazziotin's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.70/37.01
=0.67

* 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.

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

For example, Grazziotin'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)
=44.304/159.3724*159.3724
=44.304

Current CPI (Mar. 2024) = 159.3724.

Grazziotin Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.603 91.838 30.548
201409 18.076 92.602 31.110
201412 18.282 94.194 30.932
201503 0.000 97.799 0.000
201506 19.201 100.006 30.599
201509 19.601 101.392 30.810
201512 19.675 104.247 30.079
201603 19.971 106.979 29.752
201606 21.135 108.851 30.945
201609 21.647 109.986 31.367
201612 20.819 110.802 29.945
201703 22.410 111.869 31.926
201706 23.302 112.115 33.124
201709 23.271 112.777 32.886
201712 23.685 114.068 33.092
201803 23.934 114.868 33.207
201806 24.785 117.038 33.750
201809 25.271 117.881 34.166
201812 25.112 118.340 33.819
201903 25.156 120.124 33.375
201906 25.812 120.977 34.004
201909 26.372 121.292 34.652
201912 29.893 123.436 38.596
202003 29.965 124.092 38.484
202006 30.656 123.557 39.542
202009 31.631 125.095 40.298
202012 32.170 129.012 39.740
202103 32.929 131.660 39.860
202106 35.441 133.871 42.192
202109 39.331 137.913 45.451
202112 38.665 141.992 43.398
202203 39.881 146.537 43.374
202206 41.288 149.784 43.931
202209 41.796 147.800 45.069
202212 42.980 150.207 45.603
202303 43.523 153.352 45.232
202306 43.574 154.519 44.943
202309 43.609 155.464 44.705
202312 44.030 157.148 44.653
202403 44.304 159.372 44.304

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.


Grazziotin  (BSP:CGRA3) 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.


Grazziotin Cyclically Adjusted PB Ratio Related Terms

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


Grazziotin (BSP:CGRA3) Business Description

Traded in Other Exchanges
Address
Valentin Grazziotin Street, 77 - Saint Kitts, Passo Fundo, RS, BRA, 99060030
Grazziotin SA is engaged in retail trade of clothing for men, women and children, footwear, bath products, furniture, watches, jewelry, construction materials, electrical products, health products, hardware, among others.

Grazziotin (BSP:CGRA3) Headlines

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