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Sondotecnica Engenharia Solos (BSP:SOND5) Cyclically Adjusted Book per Share : R$29.79 (As of Mar. 2024)


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What is Sondotecnica Engenharia Solos 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.

Sondotecnica Engenharia Solos's adjusted book value per share for the three months ended in Mar. 2024 was R$23.858. 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$29.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sondotecnica Engenharia Solos's average Cyclically Adjusted Book Growth Rate was -6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.50% 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 Sondotecnica Engenharia Solos was -9.50% per year. The lowest was -10.50% per year. And the median was -10.00% per year.

As of today (2024-06-25), Sondotecnica Engenharia Solos's current stock price is R$60.00. Sondotecnica Engenharia Solos's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$29.79. Sondotecnica Engenharia Solos's Cyclically Adjusted PB Ratio of today is 2.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sondotecnica Engenharia Solos was 1.81. The lowest was 0.87. And the median was 1.20.


Sondotecnica Engenharia Solos Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sondotecnica Engenharia Solos'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.

Sondotecnica Engenharia Solos Cyclically Adjusted Book per Share Chart

Sondotecnica Engenharia Solos 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 41.30 53.54 30.48 19.27 30.22

Sondotecnica Engenharia Solos 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 21.19 25.89 28.84 30.22 29.79

Competitive Comparison of Sondotecnica Engenharia Solos's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Sondotecnica Engenharia Solos'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.


Sondotecnica Engenharia Solos's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sondotecnica Engenharia Solos's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sondotecnica Engenharia Solos 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, Sondotecnica Engenharia Solos'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)
=23.858/159.3724*159.3724
=23.858

Current CPI (Mar. 2024) = 159.3724.

Sondotecnica Engenharia Solos Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.810 91.838 34.378
201409 19.037 92.602 32.764
201412 29.935 94.194 50.649
201503 21.985 97.799 35.826
201506 20.161 100.006 32.129
201509 21.093 101.392 33.155
201512 16.204 104.247 24.773
201603 15.315 106.979 22.816
201606 14.421 108.851 21.114
201609 15.378 109.986 22.283
201612 13.159 110.802 18.927
201703 12.252 111.869 17.455
201706 12.710 112.115 18.067
201709 11.669 112.777 16.490
201712 13.986 114.068 19.541
201803 13.282 114.868 18.428
201806 13.847 117.038 18.856
201809 13.811 117.881 18.672
201812 15.557 118.340 20.951
201903 15.708 120.124 20.840
201906 10.614 120.977 13.983
201909 12.027 121.292 15.803
201912 21.278 123.436 27.473
202003 13.406 124.092 17.218
202006 20.406 123.557 26.321
202009 21.452 125.095 27.330
202012 28.789 129.012 35.564
202103 29.785 131.660 36.054
202106 22.586 133.871 26.889
202109 24.892 137.913 28.765
202112 27.066 141.992 30.379
202203 26.745 146.537 29.088
202206 22.470 149.784 23.908
202209 23.818 147.800 25.683
202212 25.826 150.207 27.402
202303 27.439 153.352 28.516
202306 22.883 154.519 23.602
202309 23.667 155.464 24.262
202312 24.758 157.148 25.108
202403 23.858 159.372 23.858

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


Sondotecnica Engenharia Solos  (BSP:SOND5) 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.

Sondotecnica Engenharia Solos's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=60.00/29.79
=2.01

* 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 Sondotecnica Engenharia Solos was 1.81. The lowest was 0.87. And the median was 1.20.


Be Aware

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


Sondotecnica Engenharia Solos Cyclically Adjusted Book per Share Related Terms

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


Sondotecnica Engenharia Solos (BSP:SOND5) Business Description

Traded in Other Exchanges
Address
R Voluntarios Da Patria 45, Salas 501 a 504, 7th to 9th floor, Salas 1001 a 1003, Botafogo, Rio de Janeiro, RJ, BRA, 22277-900
Sondotecnica Engenharia Solos SA is a Brazil-based company engaged in the provision of services in the engineering sector. It provides engineering consultancy services in the areas of transport, sanitation, hydraulics, environment, electricity, oil & gas & special projects. Its activities include feasibility studies, master planning & others.

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