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CresudCIF y A (BUE:CRES) Cyclically Adjusted PB Ratio : 10.80 (As of May. 22, 2024)


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What is CresudCIF y A Cyclically Adjusted PB Ratio?

As of today (2024-05-22), CresudCIF y A's current share 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 for today is 10.80.

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

BUE:CRES' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 3.79   Max: 12.98
Current: 10.8

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

BUE:CRES's Cyclically Adjusted PB Ratio is ranked worse than
96.75% of 431 companies
in the Conglomerates industry
Industry Median: 0.97 vs BUE:CRES: 10.80

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


CresudCIF y A Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CresudCIF y A'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.

CresudCIF y A Cyclically Adjusted PB Ratio Chart

CresudCIF y A Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.89 1.69 3.84 3.11 5.92

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 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 4.55 4.36 5.92 6.74 8.98

Competitive Comparison of CresudCIF y A's Cyclically Adjusted PB Ratio

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 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.

CresudCIF y A's Cyclically Adjusted PB Ratio for 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.

CresudCIF y A's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


CresudCIF y A  (BUE:CRES) 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.


CresudCIF y A Cyclically Adjusted PB Ratio Related Terms

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


CresudCIF y A (BUE:CRES) Business Description

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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