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Veste Estilo (BSP:VSTE3) Cyclically Adjusted Book per Share : R$218.28 (As of Mar. 2025)


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What is Veste Estilo 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.

Veste Estilo's adjusted book value per share for the three months ended in Mar. 2025 was R$9.004. 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$218.28 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Veste Estilo's average Cyclically Adjusted Book Growth Rate was -6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.10% 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 Veste Estilo was 11.20% per year. The lowest was -1.30% per year. And the median was 2.60% per year.

As of today (2025-05-31), Veste Estilo's current stock price is R$6.01. Veste Estilo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$218.28. Veste Estilo's Cyclically Adjusted PB Ratio of today is 0.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Veste Estilo was 1.51. The lowest was 0.02. And the median was 0.09.


Veste Estilo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Veste Estilo'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.

Veste Estilo Cyclically Adjusted Book per Share Chart

Veste Estilo 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 222.51 234.98 231.65 232.96 226.17

Veste Estilo 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 234.42 235.14 235.31 226.17 218.28

Competitive Comparison of Veste Estilo's Cyclically Adjusted Book per Share

For the Apparel Retail subindustry, Veste Estilo'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.


Veste Estilo's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Veste Estilo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Veste Estilo 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, Veste Estilo'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)
=9.004/168.1016*168.1016
=9.004

Current CPI (Mar. 2025) = 168.1016.

Veste Estilo Quarterly Data

Book Value per Share CPI Adj_Book
201506 288.885 100.006 485.590
201509 290.059 101.392 480.899
201512 283.079 104.247 456.474
201603 284.223 106.979 446.615
201606 282.171 108.851 435.766
201609 280.752 109.986 429.098
201612 273.033 110.802 414.228
201703 276.393 111.869 415.326
201706 277.822 112.115 416.559
201709 276.801 112.777 412.590
201712 321.043 114.068 473.121
201803 324.107 114.868 474.308
201806 328.649 117.038 472.040
201809 329.833 117.881 470.349
201812 332.915 118.340 472.904
201903 331.001 120.124 463.205
201906 337.114 120.977 468.430
201909 329.482 121.292 456.637
201912 255.836 123.436 348.410
202003 98.709 124.092 133.717
202006 82.199 123.557 111.833
202009 69.598 125.095 93.525
202012 31.031 129.012 40.433
202103 26.734 131.660 34.133
202106 20.507 133.871 25.751
202109 14.972 137.913 18.249
202112 -59.155 141.992 -70.032
202203 -65.721 146.537 -75.392
202206 -70.657 149.784 -79.298
202209 -78.147 147.800 -88.881
202212 8.559 150.207 9.579
202303 8.745 153.352 9.586
202306 8.790 154.519 9.563
202309 8.801 155.464 9.516
202312 8.838 157.148 9.454
202403 9.100 159.372 9.598
202406 9.151 161.052 9.552
202409 9.047 162.342 9.368
202412 9.152 164.740 9.339
202503 9.004 168.102 9.004

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


Veste Estilo  (BSP:VSTE3) 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.

Veste Estilo's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.01/218.28
=0.03

* 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 Veste Estilo was 1.51. The lowest was 0.02. And the median was 0.09.


Be Aware

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


Veste Estilo Cyclically Adjusted Book per Share Related Terms

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


Veste Estilo Business Description

Traded in Other Exchanges
N/A
Address
Rua Othão, 405, Sao Paulo, SP, BRA, 05313-020
Veste SA Estilo is engaged in apparel industry retailers and high-end accessories in Brazil. The Company's main objectives are: development, exploration of the industry, trade, import and export of clothing and clothing accessories and trading in decorative, hygiene and cosmetic objects, among others. It produces clothes, accessories, footwear, and articles for the home, always in line with contemporary lifestyle, bringing joy, elegance, and well-being to customers under its brands Le Lis, Dudalina, john john, Stew, and Individual. The company focuses on designing, developing, manufacturing, and trading apparel and accessories for women and men.

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