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Fleury (BSP:FLRY3) Cyclically Adjusted Book per Share : R$7.69 (As of Mar. 2025)


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What is Fleury 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.

Fleury's adjusted book value per share for the three months ended in Mar. 2025 was R$9.590. 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$7.69 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Fleury's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% 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 Fleury was 5.90% per year. The lowest was 2.70% per year. And the median was 3.50% per year.

As of today (2025-05-17), Fleury's current stock price is R$12.55. Fleury's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$7.69. Fleury's Cyclically Adjusted PB Ratio of today is 1.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fleury was 4.84. The lowest was 1.47. And the median was 2.53.


Fleury Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fleury'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.

Fleury Cyclically Adjusted Book per Share Chart

Fleury Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.43 6.79 6.83 7.10 7.54

Fleury Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.21 7.31 7.40 7.54 7.69

Competitive Comparison of Fleury's Cyclically Adjusted Book per Share

For the Diagnostics & Research subindustry, Fleury'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.


Fleury's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Fleury's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Fleury 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, Fleury's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=9.59/167.1655*167.1655
=9.590

Current CPI (Mar. 2025) = 167.1655.

Fleury Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.869 100.006 8.139
201509 4.949 101.392 8.159
201512 4.994 104.247 8.008
201603 5.130 106.979 8.016
201606 5.238 108.851 8.044
201609 5.337 109.986 8.112
201612 4.609 110.802 6.954
201703 4.647 111.869 6.944
201706 4.932 112.115 7.354
201709 5.021 112.777 7.442
201712 5.104 114.068 7.480
201803 4.788 114.868 6.968
201806 5.053 117.038 7.217
201809 5.160 117.881 7.317
201812 5.220 118.340 7.374
201903 4.858 120.124 6.760
201906 5.079 120.977 7.018
201909 5.172 121.292 7.128
201912 5.237 123.436 7.092
202003 4.830 124.092 6.507
202006 4.612 123.557 6.240
202009 5.014 125.095 6.700
202012 5.204 129.012 6.743
202103 5.046 131.660 6.407
202106 5.237 133.871 6.539
202109 5.400 137.913 6.545
202112 5.490 141.992 6.463
202203 5.186 146.537 5.916
202206 5.403 149.784 6.030
202209 5.690 147.800 6.436
202212 6.970 150.207 7.757
202303 7.233 153.352 7.885
202306 9.319 154.519 10.082
202309 9.468 155.464 10.181
202312 9.327 157.148 9.922
202403 9.500 159.372 9.965
202406 9.818 161.052 10.191
202409 9.816 162.342 10.108
202412 9.718 164.740 9.861
202503 9.590 167.166 9.590

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


Fleury  (BSP:FLRY3) 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.

Fleury's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.55/7.69
=1.63

* 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 Fleury was 4.84. The lowest was 1.47. And the median was 2.53.


Be Aware

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


Fleury Cyclically Adjusted Book per Share Related Terms

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


Fleury Business Description

Traded in Other Exchanges
N/A
Address
Avenida Morumbi 8.860, Itaim Bibi, Sao Paulo, SP, BRA, 4344903
Fleury SA is engaged in the provision of medical services in the diagnostic, treatment, clinical analysis, health management, medical care, orthopedics and ophthalmology areas and offers its digital healthcare platform. The company carries out its activities through customer service units and hospital-based units. Furthermore, the company has a mobile service operation with coverage in municipalities in addition to a digital platform. It has two reportable business segments: Diagnostic Medicine and Integrated Medicine. The maximum revenue is generated from Diagnostic Medicine Segment.

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