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Ledesma (BUE:LEDE) Cyclically Adjusted Book per Share : ARS166.60 (As of Feb. 2025)


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What is Ledesma 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.

Ledesma's adjusted book value per share for the three months ended in Feb. 2025 was ARS957.567. 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 ARS166.60 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Ledesma's average Cyclically Adjusted Book Growth Rate was 111.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 115.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 90.90% 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 Ledesma was 115.70% per year. The lowest was 64.40% per year. And the median was 98.80% per year.

As of today (2025-05-27), Ledesma's current stock price is ARS1065.00. Ledesma's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was ARS166.60. Ledesma's Cyclically Adjusted PB Ratio of today is 6.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ledesma was 18.04. The lowest was 0.07. And the median was 5.48.


Ledesma Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ledesma'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.

Ledesma Cyclically Adjusted Book per Share Chart

Ledesma Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.75 9.79 18.48 45.15 98.31

Ledesma Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 78.61 98.31 118.55 141.17 166.60

Competitive Comparison of Ledesma's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Ledesma'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.


Ledesma's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ledesma's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Ledesma 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, Ledesma's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book= Book Value per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=957.567/134.6241*134.6241
=957.567

Current CPI (Feb. 2025) = 134.6241.

Ledesma Quarterly Data

Book Value per Share CPI Adj_Book
201505 3.417 100.333 4.585
201508 3.467 100.548 4.642
201511 3.348 100.135 4.501
201602 3.472 100.040 4.672
201605 3.065 101.355 4.071
201608 2.959 101.617 3.920
201611 2.882 101.829 3.810
201702 2.824 102.779 3.699
201705 2.726 103.256 3.554
201708 2.277 103.587 2.959
201711 2.652 104.072 3.431
201802 1.873 105.052 2.400
201805 15.923 106.148 20.195
201808 0.510 106.383 0.645
201811 1.758 106.338 2.226
201902 11.529 106.649 14.553
201905 17.912 108.048 22.318
201908 11.166 108.245 13.887
201911 15.082 108.519 18.710
202002 17.054 109.139 21.036
202005 29.152 108.175 36.280
202008 21.251 109.662 26.088
202011 30.201 109.793 37.031
202102 36.532 110.968 44.320
202105 65.851 113.576 78.054
202108 46.451 115.421 54.179
202111 49.534 117.269 56.865
202202 58.949 119.703 66.297
202205 167.099 123.323 182.412
202208 95.129 124.958 102.488
202211 116.824 125.607 125.210
202302 145.411 126.928 154.228
202305 704.865 128.314 739.526
202308 241.867 129.538 251.364
202311 369.524 129.548 384.003
202402 696.665 130.930 716.321
202405 754.992 132.509 767.043
202408 805.089 132.816 816.050
202411 898.802 133.110 909.026
202502 957.567 134.624 957.567

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


Ledesma  (BUE:LEDE) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1065.00/166.60
=6.39

* 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 Ledesma was 18.04. The lowest was 0.07. And the median was 5.48.


Be Aware

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


Ledesma Cyclically Adjusted Book per Share Related Terms

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


Ledesma Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ledesma SA (BUE:LEDE) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
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Address
Avenida Corrientes 415, 8th Floor, Capital Federal, Buenos Aires, ARG
Ledesma SA is engaged in the production of sugar, paper, alcohol, bioethanol, energy, natural juices, meat, syrups, corn starches and cereals. The company also produces notebooks and other school supplies. The geographical scope of the Ledesma Group's operations is mainly in the Argentine Republic. It mainly carry out activities mainly of sugar sugar mill, alcohol distillery both hydrated intended for traditional uses and anhydrous, for bio-fuels, manufacturing of paper and stationery, production of fruits and juices and Agriculture and Livestock. It is one of the main players in the local markets for the production and marketing of sugar, alcohol, reams of paper, notebooks, coated papers and school supplies, and is the main exporter of oranges and grapefruits in the country.

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