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Companhia Brasileira De Distribuicao (FRA:C1B2) Cyclically Adjusted Book per Share : €9.42 (As of Dec. 2023)


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What is Companhia Brasileira De Distribuicao 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.

Companhia Brasileira De Distribuicao's adjusted book value per share for the three months ended in Dec. 2023 was €2.927. 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 €9.42 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Companhia Brasileira De Distribuicao's average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 Companhia Brasileira De Distribuicao was 11.40% per year. The lowest was 2.10% per year. And the median was 5.65% per year.

As of today (2024-06-10), Companhia Brasileira De Distribuicao's current stock price is €0.466. Companhia Brasileira De Distribuicao's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €9.42. Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Companhia Brasileira De Distribuicao was 0.81. The lowest was 0.05. And the median was 0.26.


Companhia Brasileira De Distribuicao Cyclically Adjusted Book per Share Historical Data

The historical data trend for Companhia Brasileira De Distribuicao'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.

Companhia Brasileira De Distribuicao Cyclically Adjusted Book per Share Chart

Companhia Brasileira De Distribuicao 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 7.04 5.34 3.48 4.11 -

Companhia Brasileira De Distribuicao 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 4.30 4.23 9.34 9.42 -

Competitive Comparison of Companhia Brasileira De Distribuicao's Cyclically Adjusted Book per Share

For the Department Stores subindustry, Companhia Brasileira De Distribuicao'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.


Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio falls into.



Companhia Brasileira De Distribuicao 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, Companhia Brasileira De Distribuicao's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.927/157.1481*157.1481
=2.927

Current CPI (Dec. 2023) = 157.1481.

Companhia Brasileira De Distribuicao Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.968 90.447 19.056
201406 11.885 91.838 20.337
201409 12.269 92.602 20.821
201412 11.612 94.194 19.373
201503 11.442 97.799 18.386
201506 11.159 100.006 17.535
201509 8.621 101.392 13.362
201512 8.830 104.247 13.311
201603 9.136 106.979 13.420
201606 9.479 108.851 13.685
201609 9.900 109.986 14.145
201612 9.959 110.802 14.125
201703 10.762 111.869 15.118
201706 9.888 112.115 13.860
201709 9.829 112.777 13.696
201712 8.656 114.068 11.925
201803 9.197 114.868 12.582
201806 8.764 117.038 11.768
201809 8.075 117.881 10.765
201812 8.324 118.340 11.054
201903 8.607 120.124 11.260
201906 8.849 120.977 11.495
201909 8.575 121.292 11.110
201912 8.584 123.436 10.928
202003 6.965 124.092 8.820
202006 7.189 123.557 9.143
202009 6.872 125.095 8.633
202012 7.306 129.012 8.899
202103 6.971 131.660 8.320
202106 6.970 133.871 8.182
202109 7.098 137.913 8.088
202112 7.103 141.992 7.861
202203 8.665 146.537 9.292
202206 8.891 149.784 9.328
202209 8.663 147.800 9.211
202212 6.858 150.207 7.175
202303 6.803 153.352 6.971
202306 7.074 154.519 7.194
202309 3.155 155.464 3.189
202312 2.927 157.148 2.927

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


Companhia Brasileira De Distribuicao  (FRA:C1B2) 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.

Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.466/9.42
=0.05

* 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 Companhia Brasileira De Distribuicao was 0.81. The lowest was 0.05. And the median was 0.26.


Be Aware

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


Companhia Brasileira De Distribuicao Cyclically Adjusted Book per Share Related Terms

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


Companhia Brasileira De Distribuicao (FRA:C1B2) Business Description

Traded in Other Exchanges
Address
Avenida Brigadeiro Luiz Antonio, 3142, Sao Paulo, SP, BRA, 01402-901
Companhia Brasileira De Distribuicao, or GPA, is part of Casino Group, a Brazilian retail and distribution group. The company has a multichannel, multiformat, and multiregional approach. It operates in Latin America. GPA operates various store concepts under different names: MultiVarejo (Pao de Acucar, Extra and Proximity units), Assai Atacadista, Via Varejo, GPA Malls, and Cnova. The firm's specialties include supermarkets, hypermarkets, electronics and household appliances, convenience stores, its cash-and-carry segment, and e-commerce operations.

Companhia Brasileira De Distribuicao (FRA:C1B2) Headlines

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