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Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11) Cyclically Adjusted Book per Share : R$203.07 (As of Dec. 2023)


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What is Cshg Real Estate Fundo Invest Imobiliario 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.

Cshg Real Estate Fundo Invest Imobiliario's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was R$153.334. 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$203.07 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cshg Real Estate Fundo Invest Imobiliario's average Cyclically Adjusted Book Growth Rate was -2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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 Cshg Real Estate Fundo Invest Imobiliario was 4.70% per year. The lowest was 1.40% per year. And the median was 3.05% per year.

As of today (2025-05-19), Cshg Real Estate Fundo Invest Imobiliario's current stock price is R$ 114.42. Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was R$203.07. Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cshg Real Estate Fundo Invest Imobiliario was 1.11. The lowest was 0.47. And the median was 0.67.


Cshg Real Estate Fundo Invest Imobiliario Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cshg Real Estate Fundo Invest Imobiliario'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.

Cshg Real Estate Fundo Invest Imobiliario Cyclically Adjusted Book per Share Chart

Cshg Real Estate Fundo Invest Imobiliario 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 188.36 194.84 209.94 207.59 203.07

Cshg Real Estate Fundo Invest Imobiliario Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 188.36 194.84 209.94 207.59 203.07

Competitive Comparison of Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted Book per Share

For the REIT - Diversified subindustry, Cshg Real Estate Fundo Invest Imobiliario'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.


Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted PB Ratio falls into.


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Cshg Real Estate Fundo Invest Imobiliario 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, Cshg Real Estate Fundo Invest Imobiliario's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=153.334/157.1481*157.1481
=153.334

Current CPI (Dec. 2023) = 157.1481.

Cshg Real Estate Fundo Invest Imobiliario Annual Data

Book Value per Share CPI Adj_Book
201412 161.807 94.194 269.951
201512 149.775 104.247 225.780
201612 147.564 110.802 209.287
201712 149.338 114.068 205.739
201812 151.852 118.340 201.649
201912 163.830 123.436 208.574
202012 172.115 129.012 209.651
202112 164.981 141.992 182.590
202212 156.887 150.207 164.137
202312 153.334 157.148 153.334

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


Cshg Real Estate Fundo Invest Imobiliario  (BSP:HGRE11) 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.

Cshg Real Estate Fundo Invest Imobiliario's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=114.42/203.07
=0.56

* 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 Cshg Real Estate Fundo Invest Imobiliario was 1.11. The lowest was 0.47. And the median was 0.67.


Be Aware

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


Cshg Real Estate Fundo Invest Imobiliario Cyclically Adjusted Book per Share Related Terms

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


Cshg Real Estate Fundo Invest Imobiliario Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Juscelino Kubitschek, Tower IV - 7th Floor - Moema, São Paulo, SP, BRA, 04543900
Cshg Real Estate Fundo Invest Imobiliario is engaged in the acquisition of commercial real estate projects for commercial operation.

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