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Papel Prensa (BUE:PREN1) Cyclically Adjusted Book per Share : ARS26.70 (As of Mar. 2024)


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What is Papel Prensa 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.

Papel Prensa's adjusted book value per share for the three months ended in Mar. 2024 was ARS235.723. 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 ARS26.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Papel Prensa's average Cyclically Adjusted Book Growth Rate was 152.40% 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 (2024-06-20), Papel Prensa's current stock price is ARS2.50. Papel Prensa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS26.70. Papel Prensa's Cyclically Adjusted PB Ratio of today is 0.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Papel Prensa was 2.05. The lowest was 0.09. And the median was 0.49.


Papel Prensa Cyclically Adjusted Book per Share Historical Data

The historical data trend for Papel Prensa'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.

Papel Prensa Cyclically Adjusted Book per Share Chart

Papel Prensa 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 - - 2.79 8.86 19.60

Papel Prensa 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 10.58 12.67 15.61 19.60 26.70

Competitive Comparison of Papel Prensa's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Papel Prensa'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.


Papel Prensa's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Papel Prensa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Papel Prensa 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, Papel Prensa'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)
=235.723/131.7762*131.7762
=235.723

Current CPI (Mar. 2024) = 131.7762.

Papel Prensa Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.028 100.560 0.037
201409 0.028 100.428 0.037
201412 0.028 99.070 0.037
201503 0.000 99.621 0.000
201506 0.028 100.684 0.037
201509 0.029 100.392 0.038
201512 0.015 99.792 0.020
201603 0.015 100.470 0.020
201606 0.015 101.688 0.019
201609 0.014 101.861 0.018
201612 0.014 101.863 0.018
201703 0.014 102.862 0.018
201706 0.014 103.349 0.018
201709 0.012 104.136 0.015
201712 0.038 104.011 0.048
201803 0.010 105.290 0.013
201806 0.010 106.317 0.012
201809 0.937 106.507 1.159
201812 6.203 105.998 7.712
201903 4.720 107.251 5.799
201906 4.955 108.070 6.042
201909 5.286 108.329 6.430
201912 8.465 108.420 10.289
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 10.223 111.754 12.055
202106 10.855 114.631 12.479
202109 12.488 115.734 14.219
202112 29.002 117.630 32.490
202203 19.306 121.301 20.973
202206 24.485 125.017 25.809
202209 31.783 125.227 33.445
202212 129.867 125.222 136.665
202303 55.269 127.348 57.191
202306 68.884 128.729 70.515
202309 99.149 129.860 100.612
202312 141.754 129.419 144.335
202403 235.723 131.776 235.723

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


Papel Prensa  (BUE:PREN1) 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.

Papel Prensa's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.50/26.7
=0.09

* 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 Papel Prensa was 2.05. The lowest was 0.09. And the median was 0.49.


Be Aware

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


Papel Prensa Cyclically Adjusted Book per Share Related Terms

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


Papel Prensa (BUE:PREN1) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Bartolome Mitre 739, 4th Floor, Buenos Aires, ARG, 1036
Papel Prensa SA operates in the paper industry. It is engaged in the production of newsprint paper. The company is also engaged in the forestry sector. It offers various products, produced for different usage, papers for publications, books, catalogues, notebooks and pads; papers for advertising material and packaging papers.

Papel Prensa (BUE:PREN1) Headlines

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