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Alper Consultoria E Corretora De Seguros (BSP:APER3) Cyclically Adjusted Book per Share : R$55.18 (As of Dec. 2023)


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What is Alper Consultoria E Corretora De Seguros 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.

Alper Consultoria E Corretora De Seguros's adjusted book value per share for the three months ended in Dec. 2023 was R$23.979. 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$55.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Alper Consultoria E Corretora De Seguros's average Cyclically Adjusted Book Growth Rate was -18.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -12.30% 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 Alper Consultoria E Corretora De Seguros was -12.30% per year. The lowest was -12.30% per year. And the median was -12.30% per year.

As of today (2024-05-14), Alper Consultoria E Corretora De Seguros's current stock price is R$45.12. Alper Consultoria E Corretora De Seguros's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$55.18. Alper Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alper Consultoria E Corretora De Seguros was 0.83. The lowest was 0.31. And the median was 0.45.


Alper Consultoria E Corretora De Seguros Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alper Consultoria E Corretora De Seguros'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.

Alper Consultoria E Corretora De Seguros Cyclically Adjusted Book per Share Chart

Alper Consultoria E Corretora De Seguros 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 - 81.80 77.55 67.29 55.18

Alper Consultoria E Corretora De Seguros 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 67.29 64.64 61.61 58.50 55.18

Competitive Comparison of Alper Consultoria E Corretora De Seguros's Cyclically Adjusted Book per Share

For the Insurance Brokers subindustry, Alper Consultoria E Corretora De Seguros'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.


Alper Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Alper Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alper Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio falls into.



Alper Consultoria E Corretora De Seguros 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, Alper Consultoria E Corretora De Seguros'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)
=23.979/156.2729*156.2729
=23.979

Current CPI (Dec. 2023) = 156.2729.

Alper Consultoria E Corretora De Seguros Quarterly Data

Book Value per Share CPI Adj_Book
201403 97.520 90.447 168.493
201406 93.713 91.838 159.464
201409 95.598 92.602 161.330
201412 89.916 94.194 149.176
201503 85.562 97.799 136.719
201506 85.603 100.006 133.766
201509 84.663 101.392 130.489
201512 71.106 104.247 106.592
201603 54.552 106.979 79.689
201606 53.718 108.851 77.121
201609 48.126 109.986 68.379
201612 41.784 110.802 58.931
201703 41.107 111.869 57.423
201706 40.320 112.115 56.201
201709 37.576 112.777 52.068
201712 31.514 114.068 43.174
201803 30.996 114.868 42.169
201806 28.696 117.038 38.316
201809 28.589 117.881 37.900
201812 11.365 118.340 15.008
201903 11.960 120.124 15.559
201906 11.997 120.977 15.497
201909 11.931 121.292 15.372
201912 14.869 123.436 18.824
202003 14.887 124.092 18.748
202006 14.781 123.557 18.695
202009 15.020 125.095 18.763
202012 14.907 129.012 18.057
202103 25.775 131.660 30.593
202106 19.280 133.871 22.506
202109 19.344 137.913 21.919
202112 19.518 141.992 21.481
202203 19.607 146.537 20.910
202206 28.558 149.784 29.795
202209 23.925 147.800 25.297
202212 24.150 150.207 25.125
202303 23.977 153.352 24.434
202306 24.279 154.519 24.555
202309 24.428 155.464 24.555
202312 23.979 156.273 23.979

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


Alper Consultoria E Corretora De Seguros  (BSP:APER3) 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.

Alper Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=45.12/55.18
=0.82

* 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 Alper Consultoria E Corretora De Seguros was 0.83. The lowest was 0.31. And the median was 0.45.


Be Aware

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


Alper Consultoria E Corretora De Seguros Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Alper Consultoria E Corretora De Seguros's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Alper Consultoria E Corretora De Seguros (BSP:APER3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Gilberto Sabino, 215-13th Floor, Sao Paulo, SP, BRA, 05425-020
Alper Consultoria E Corretora De Seguros SA, formerly BR Insurance Corretora de Seguros SA is a Brazil-based company which specializes in corporate risk management, benefits consulting and massification. It offers complete solutions in mass insurance management, focused on generating new revenues, acting directly in all stages of the business, from development to implementation and after-sales. The company also offers various products of personal insurance.

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