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Consorcio Alfa De Administracao (BSP:BRGE6) Cyclically Adjusted Book per Share : R$20.25 (As of Dec. 2023)


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What is Consorcio Alfa De Administracao 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.

Consorcio Alfa De Administracao's adjusted book value per share for the three months ended in Dec. 2023 was R$17.980. 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$20.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Consorcio Alfa De Administracao's average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 Consorcio Alfa De Administracao was 6.30% per year. The lowest was 5.60% per year. And the median was 5.95% per year.

As of today (2024-05-01), Consorcio Alfa De Administracao's current stock price is R$12.92. Consorcio Alfa De Administracao's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$20.25. Consorcio Alfa De Administracao's Cyclically Adjusted PB Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Consorcio Alfa De Administracao was 0.78. The lowest was 0.27. And the median was 0.50.


Consorcio Alfa De Administracao Cyclically Adjusted Book per Share Historical Data

The historical data trend for Consorcio Alfa De Administracao'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.

Consorcio Alfa De Administracao Cyclically Adjusted Book per Share Chart

Consorcio Alfa De Administracao 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 12.03 30.35 23.41 24.02 20.25

Consorcio Alfa De Administracao 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 24.02 21.10 18.83 20.88 20.25

Competitive Comparison of Consorcio Alfa De Administracao's Cyclically Adjusted Book per Share

For the Financial Conglomerates subindustry, Consorcio Alfa De Administracao'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.


Consorcio Alfa De Administracao's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Consorcio Alfa De Administracao's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Consorcio Alfa De Administracao's Cyclically Adjusted PB Ratio falls into.



Consorcio Alfa De Administracao 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, Consorcio Alfa De Administracao'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)
=17.98/156.2729*156.2729
=17.980

Current CPI (Dec. 2023) = 156.2729.

Consorcio Alfa De Administracao Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.871 90.447 20.510
201406 11.984 91.838 20.392
201409 12.217 92.602 20.617
201412 12.372 94.194 20.526
201503 12.716 97.799 20.319
201506 12.837 100.006 20.059
201509 13.300 101.392 20.499
201512 13.574 104.247 20.348
201603 13.726 106.979 20.051
201606 13.779 108.851 19.782
201609 14.050 109.986 19.963
201612 14.179 110.802 19.998
201703 14.287 111.869 19.958
201706 14.464 112.115 20.161
201709 14.608 112.777 20.242
201712 14.811 114.068 20.291
201803 15.007 114.868 20.416
201806 15.212 117.038 20.312
201809 15.390 117.881 20.402
201812 15.552 118.340 20.537
201903 15.727 120.124 20.460
201906 15.814 120.977 20.428
201909 16.038 121.292 20.663
201912 16.176 123.436 20.479
202003 16.443 124.092 20.707
202006 16.621 123.557 21.022
202009 16.790 125.095 20.975
202012 16.764 129.012 20.306
202103 16.858 131.660 20.009
202106 16.772 133.871 19.579
202109 16.941 137.913 19.196
202112 16.968 141.992 18.675
202203 16.986 146.537 18.115
202206 17.262 149.784 18.010
202209 17.522 147.800 18.527
202212 17.513 150.207 18.220
202303 17.764 153.352 18.102
202306 17.891 154.519 18.094
202309 18.155 155.464 18.250
202312 17.980 156.273 17.980

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


Consorcio Alfa De Administracao  (BSP:BRGE6) 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.

Consorcio Alfa De Administracao's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.92/20.25
=0.64

* 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 Consorcio Alfa De Administracao was 0.78. The lowest was 0.27. And the median was 0.50.


Be Aware

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


Consorcio Alfa De Administracao Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Consorcio Alfa De Administracao's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Consorcio Alfa De Administracao (BSP:BRGE6) Business Description

Address
Al. Santos, 466, Terreo Cerqueira Cesar, Sao Paulo, SP, BRA, CEP 01418-000
Consorcio Alfa De Administracao SA is an investment holding company. It invests in companies engaged in the financial sector, insurance industry, information technology (IT) and data services, among others.

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