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Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Cyclically Adjusted Book per Share : R$9.31 (As of Dec. 2023)


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What is Qualicorp 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.

Qualicorp Consultoria E Corretora De Seguros's adjusted book value per share for the three months ended in Dec. 2023 was R$4.549. 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$9.31 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Qualicorp Consultoria E Corretora De Seguros's average Cyclically Adjusted Book Growth Rate was -5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.60% 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 Qualicorp Consultoria E Corretora De Seguros was 1.70% per year. The lowest was -1.60% per year. And the median was 0.05% per year.

As of today (2024-05-01), Qualicorp Consultoria E Corretora De Seguros's current stock price is R$1.60. Qualicorp Consultoria E Corretora De Seguros's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$9.31. Qualicorp Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio of today is 0.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Qualicorp Consultoria E Corretora De Seguros was 4.72. The lowest was 0.16. And the median was 1.56.


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

The historical data trend for Qualicorp 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.

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

Qualicorp 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 9.31 9.77 10.11 9.80 9.31

Qualicorp 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 9.80 9.79 9.64 9.48 9.31

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

For the Healthcare Plans subindustry, Qualicorp 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.


Qualicorp Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Qualicorp Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Qualicorp 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, Qualicorp 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)
=4.549/156.2729*156.2729
=4.549

Current CPI (Dec. 2023) = 156.2729.

Qualicorp Consultoria E Corretora De Seguros Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.641 90.447 13.202
201406 7.729 91.838 13.152
201409 8.601 92.602 14.515
201412 8.612 94.194 14.288
201503 8.797 97.799 14.057
201506 8.699 100.006 13.593
201509 7.311 101.392 11.268
201512 7.315 104.247 10.966
201603 8.026 106.979 11.724
201606 7.684 108.851 11.032
201609 8.091 109.986 11.496
201612 7.489 110.802 10.562
201703 7.899 111.869 11.034
201706 7.854 112.115 10.947
201709 7.959 112.777 11.029
201712 8.290 114.068 11.357
201803 8.087 114.868 11.002
201806 7.701 117.038 10.283
201809 8.090 117.881 10.725
201812 8.393 118.340 11.083
201903 8.739 120.124 11.369
201906 8.476 120.977 10.949
201909 8.281 121.292 10.669
201912 5.003 123.436 6.334
202003 5.334 124.092 6.717
202006 5.787 123.557 7.319
202009 6.258 125.095 7.818
202012 5.935 129.012 7.189
202103 6.347 131.660 7.534
202106 5.951 133.871 6.947
202109 6.021 137.913 6.823
202112 4.559 141.992 5.018
202203 4.835 146.537 5.156
202206 5.019 149.784 5.236
202209 5.200 147.800 5.498
202212 4.835 150.207 5.030
202303 4.896 153.352 4.989
202306 4.948 154.519 5.004
202309 4.757 155.464 4.782
202312 4.549 156.273 4.549

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


Qualicorp Consultoria E Corretora De Seguros  (BSP:QUAL3) 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.

Qualicorp 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
=1.60/9.31
=0.17

* 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 Qualicorp Consultoria E Corretora De Seguros was 4.72. The lowest was 0.16. And the median was 1.56.


Be Aware

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


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

Thank you for viewing the detailed overview of Qualicorp 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.


Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Doutor Plinio Barreto, 365, 1st Floor, Bela Vista, Sao Paulo, SP, BRA, 01313-020
Qualicorp Consultoria E Corretora De Seguros SA is a full-service healthcare benefits administrator and health management service provider in Brazil. The company administers and manages health benefits by combining pre and post-sale services via a wide range of medical and administrative solutions designed to create value for its clients, customers and partners. It provides benefits administration, billing, benefits planning consulting, health insurance brokerage, health risk management services, analysis and reporting of loss ratios and third-party administration services. The Company has only one reportable segment: the Affinity segment. It operates in this segment through its subsidiaries.

Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Headlines

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