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Braskem (Braskem) Cyclically Adjusted PB Ratio : 2.10 (As of May. 16, 2024)


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What is Braskem Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Braskem's current share price is $7.52. Braskem's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.58. Braskem's Cyclically Adjusted PB Ratio for today is 2.10.

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

BAK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 2.27   Max: 6.47
Current: 2.27

During the past years, Braskem's highest Cyclically Adjusted PB Ratio was 6.47. The lowest was 0.53. And the median was 2.27.

BAK's Cyclically Adjusted PB Ratio is ranked worse than
61.53% of 1071 companies
in the Chemicals industry
Industry Median: 1.63 vs BAK: 2.27

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.

Braskem's adjusted book value per share data for the three months ended in Mar. 2024 was $1.554. 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 $3.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Braskem Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Braskem'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.

Braskem Cyclically Adjusted PB Ratio Chart

Braskem 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 2.63 2.43 5.59 2.60 2.39

Braskem 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 2.11 2.98 2.38 2.39 2.94

Competitive Comparison of Braskem's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Braskem'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.


Braskem's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Braskem's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Braskem 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.52/3.58
=2.10

* 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.

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

For example, Braskem'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)
=1.554/159.3724*159.3724
=1.554

Current CPI (Mar. 2024) = 159.3724.

Braskem Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.275 91.838 16.096
201409 8.012 92.602 13.789
201412 5.462 94.194 9.242
201503 3.012 97.799 4.908
201506 3.995 100.006 6.367
201509 1.499 101.392 2.356
201512 1.056 104.247 1.614
201603 2.946 106.979 4.389
201606 4.219 108.851 6.177
201609 4.137 109.986 5.995
201612 2.052 110.802 2.952
201703 4.278 111.869 6.095
201706 4.916 112.115 6.988
201709 6.203 112.777 8.766
201712 4.798 114.068 6.704
201803 6.123 114.868 8.495
201806 3.832 117.038 5.218
201809 4.388 117.881 5.932
201812 4.227 118.340 5.693
201903 5.279 120.124 7.004
201906 5.806 120.977 7.649
201909 4.432 121.292 5.823
201912 2.991 123.436 3.862
202003 -0.514 124.092 -0.660
202006 -1.637 123.557 -2.112
202009 -2.078 125.095 -2.647
202012 -1.076 129.012 -1.329
202103 0.191 131.660 0.231
202106 4.327 133.871 5.151
202109 5.791 137.913 6.692
202112 3.495 141.992 3.923
202203 5.856 146.537 6.369
202206 4.712 149.784 5.014
202209 4.162 147.800 4.488
202212 3.506 150.207 3.720
202303 3.774 153.352 3.922
202306 3.740 154.519 3.857
202309 2.552 155.464 2.616
202312 2.045 157.148 2.074
202403 1.554 159.372 1.554

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.


Braskem  (NYSE:BAK) 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.


Braskem Cyclically Adjusted PB Ratio Related Terms

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


Braskem (Braskem) Business Description

Industry
Address
Rua Lemos Monteiro, 120 - 24 Andar, Butanta, SP, BRA, CEP 05501-050
Braskem SA manufactures and sells chemicals, petrochemicals, fuels, and utilities. The company's geographical segments include Brazil; the United States and Europe and Mexico. It derives a majority of revenue from Brazil. It produces olefins, such as ethylene, polymer and chemical-grade propylene, butadiene and butene-1; fuels, such as automotive gasoline, liquefied petroleum gas, or LPG, ethyl tertiary-butyl ether, or ETBE, and methyl tertiary-butyl ether, or MTBE; intermediates, such as cumene and others.