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Embpar Participacoes (BSP:EPAR3) Cyclically Adjusted Book per Share : R$1.04 (As of Mar. 2024)


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What is Embpar Participacoes 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.

Embpar Participacoes's adjusted book value per share for the three months ended in Mar. 2024 was R$5.416. 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$1.04 for the trailing ten years ended in Mar. 2024.

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 Embpar Participacoes was 27.20% per year. The lowest was -8.30% per year. And the median was 9.45% per year.

As of today (2024-09-21), Embpar Participacoes's current stock price is R$5.78. Embpar Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$1.04. Embpar Participacoes's Cyclically Adjusted PB Ratio of today is 5.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Embpar Participacoes was 104.06. The lowest was 5.62. And the median was 14.35.


Embpar Participacoes Cyclically Adjusted Book per Share Historical Data

The historical data trend for Embpar Participacoes'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.

Embpar Participacoes Cyclically Adjusted Book per Share Chart

Embpar Participacoes 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 -5.09 -4.93 -4.69 -1.96 0.58

Embpar Participacoes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.25 -0.55 0.16 0.58 1.04

Competitive Comparison of Embpar Participacoes's Cyclically Adjusted Book per Share

For the Lumber & Wood Production subindustry, Embpar Participacoes'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.


Embpar Participacoes's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Embpar Participacoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Embpar Participacoes 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, Embpar Participacoes'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)
=5.416/159.3724*159.3724
=5.416

Current CPI (Mar. 2024) = 159.3724.

Embpar Participacoes Quarterly Data

Book Value per Share CPI Adj_Book
201406 -8.221 91.838 -14.266
201409 -8.718 92.602 -15.004
201412 -10.825 94.194 -18.316
201503 -14.350 97.799 -23.385
201506 -17.319 100.006 -27.600
201509 -14.327 101.392 -22.520
201512 5.327 104.247 8.144
201603 -4.293 106.979 -6.396
201606 6.272 108.851 9.183
201609 1.628 109.986 2.359
201612 8.724 110.802 12.548
201703 9.300 111.869 13.249
201706 9.607 112.115 13.656
201709 9.411 112.777 13.299
201712 0.701 114.068 0.979
201803 0.418 114.868 0.580
201806 0.668 117.038 0.910
201809 0.849 117.881 1.148
201812 0.027 118.340 0.036
201903 0.090 120.124 0.119
201906 0.315 120.977 0.415
201909 0.556 121.292 0.731
201912 0.696 123.436 0.899
202003 0.677 124.092 0.869
202006 1.004 123.557 1.295
202009 1.319 125.095 1.680
202012 1.749 129.012 2.161
202103 2.550 131.660 3.087
202106 3.655 133.871 4.351
202109 4.841 137.913 5.594
202112 6.061 141.992 6.803
202203 6.682 146.537 7.267
202206 5.263 149.784 5.600
202209 6.285 147.800 6.777
202212 7.729 150.207 8.201
202303 8.199 153.352 8.521
202306 9.098 154.519 9.384
202309 8.335 155.464 8.545
202312 5.389 157.148 5.465
202403 5.416 159.372 5.416

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


Embpar Participacoes  (BSP:EPAR3) 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.

Embpar Participacoes's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.78/1.04
=5.56

* 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 Embpar Participacoes was 104.06. The lowest was 5.62. And the median was 14.35.


Be Aware

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


Embpar Participacoes Cyclically Adjusted Book per Share Related Terms

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


Embpar Participacoes Business Description

Traded in Other Exchanges
N/A
Address
BR-280, Km 133, acesso Rio Preto Velho, Rio Negrinho, SC, BRA, 89295-000
Embpar Participacoes SA formerly Battistella Administracao e Participacoes SA engages in the production of sawn lumber of Pinus taeda and Pinus elliottii, kiln-dried in greenhouses (KD). Its product includes pine limber, wood chips, sawdust, pine timber.

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