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Raizen (BSP:RAIZ4) Cyclically Adjusted Book per Share : R$1.81 (As of Dec. 2024)


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What is Raizen 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.

Raizen's adjusted book value per share for the three months ended in Dec. 2024 was R$1.921. 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$1.81 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Raizen's average Cyclically Adjusted Book Growth Rate was 5.20% 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.

As of today (2025-05-16), Raizen's current stock price is R$1.71. Raizen's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was R$1.81. Raizen's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Raizen was 2.65. The lowest was 0.91. And the median was 1.83.


Raizen Cyclically Adjusted Book per Share Historical Data

The historical data trend for Raizen'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.

Raizen Cyclically Adjusted Book per Share Chart

Raizen Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.64 1.75

Raizen Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.72 1.75 1.77 1.79 1.81

Competitive Comparison of Raizen's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Raizen'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.


Raizen's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Raizen's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Raizen 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, Raizen's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.921/164.7402*164.7402
=1.921

Current CPI (Dec. 2024) = 164.7402.

Raizen Quarterly Data

Book Value per Share CPI Adj_Book
201503 1.131 97.799 1.905
201506 1.139 100.006 1.876
201509 1.095 101.392 1.779
201512 1.112 104.247 1.757
201603 1.106 106.979 1.703
201606 1.128 108.851 1.707
201609 1.163 109.986 1.742
201612 1.171 110.802 1.741
201703 1.225 111.869 1.804
201706 1.205 112.115 1.771
201709 1.221 112.777 1.784
201712 1.177 114.068 1.700
201803 1.169 114.868 1.677
201806 1.098 117.038 1.546
201809 1.057 117.881 1.477
201812 1.128 118.340 1.570
201903 1.120 120.124 1.536
201906 1.044 120.977 1.422
201909 1.044 121.292 1.418
201912 1.047 123.436 1.397
202003 1.145 124.092 1.520
202006 1.064 123.557 1.419
202009 1.080 125.095 1.422
202012 1.151 129.012 1.470
202103 0.537 131.660 0.672
202106 1.023 133.871 1.259
202109 1.881 137.913 2.247
202112 1.977 141.992 2.294
202203 2.093 146.537 2.353
202206 2.156 149.784 2.371
202209 2.112 147.800 2.354
202212 2.054 150.207 2.253
202303 2.157 153.352 2.317
202306 2.199 154.519 2.344
202309 2.138 155.464 2.266
202312 2.171 157.148 2.276
202403 2.070 159.372 2.140
202406 2.176 161.052 2.226
202409 2.103 162.342 2.134
202412 1.921 164.740 1.921

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


Raizen  (BSP:RAIZ4) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.71/1.81
=0.94

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Raizen was 2.65. The lowest was 0.91. And the median was 1.83.


Be Aware

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


Raizen Cyclically Adjusted Book per Share Related Terms

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


Raizen Business Description

Traded in Other Exchanges
N/A
Address
Avenida Afonso Arinos de Melo Franco, 222, Apartment building 2, room 321, Barra da Tijuca, Rio de Janeiro, RJ, BRA
Raizen SA is an integrated energy company. Its operating model involves the production and sale of renewable energy and sugar from sugarcane to the delivery of this energy to different parts of the world. The Company's main activities are the distribution and sale of fossil and renewable fuels, the production and sale of automotive and industrial lubricants, oil refining, and operations related to convenience stores. The company operates in three reportable segments Mobility, Sugar and Renewables. The Marketing and Services segment refers to the trading and sale activities of fossil and renewable fuels and lubricants, through a franchised network of service stations under the Shell brand in all the national territory and Latin America, operating in Argentina and Paraguay.

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