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Companhia Deneamento Basico Do Estado Deo Paulo (FRA:SAJA) Cyclically Adjusted Book per Share : €6.87 (As of Mar. 2024)


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What is Companhia Deneamento Basico Do Estado Deo Paulo 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 Deneamento Basico Do Estado Deo Paulo's adjusted book value per share for the three months ended in Mar. 2024 was €8.293. 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 €6.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Companhia Deneamento Basico Do Estado Deo Paulo's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.80% 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 Deneamento Basico Do Estado Deo Paulo was 9.80% per year. The lowest was 4.30% per year. And the median was 6.65% per year.

As of today (2024-05-26), Companhia Deneamento Basico Do Estado Deo Paulo's current stock price is €13.30. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.87. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio of today is 1.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Companhia Deneamento Basico Do Estado Deo Paulo was 2.48. The lowest was 0.66. And the median was 1.36.


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Companhia Deneamento Basico Do Estado Deo Paulo'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 Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted Book per Share Chart

Companhia Deneamento Basico Do Estado Deo Paulo 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 5.81 4.40 4.87 6.04 6.82

Companhia Deneamento Basico Do Estado Deo Paulo 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 6.42 6.83 6.54 6.82 6.87

Competitive Comparison of Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share

For the Utilities - Regulated Water subindustry, Companhia Deneamento Basico Do Estado Deo Paulo'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 Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio falls into.



Companhia Deneamento Basico Do Estado Deo Paulo 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 Deneamento Basico Do Estado Deo Paulo'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)
=8.293/159.3724*159.3724
=8.293

Current CPI (Mar. 2024) = 159.3724.

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.582 91.838 11.422
201409 6.682 92.602 11.500
201412 5.975 94.194 10.109
201503 5.862 97.799 9.553
201506 5.839 100.006 9.305
201509 4.461 101.392 7.012
201512 4.747 104.247 7.257
201603 5.097 106.979 7.593
201606 5.755 108.851 8.426
201609 6.221 109.986 9.014
201612 6.376 110.802 9.171
201703 7.039 111.869 10.028
201706 6.465 112.115 9.190
201709 6.765 112.777 9.560
201712 6.571 114.068 9.181
201803 6.547 114.868 9.084
201806 6.052 117.038 8.241
201809 5.733 117.881 7.751
201812 6.475 118.340 8.720
201903 6.810 120.124 9.035
201906 6.915 120.977 9.110
201909 7.031 121.292 9.238
201912 6.941 123.436 8.962
202003 5.685 124.092 7.301
202006 5.327 123.557 6.871
202009 4.991 125.095 6.359
202012 5.328 129.012 6.582
202103 5.079 131.660 6.148
202106 5.805 133.871 6.911
202109 5.773 137.913 6.671
202112 5.709 141.992 6.408
202203 6.916 146.537 7.522
202206 7.204 149.784 7.665
202209 7.709 147.800 8.313
202212 7.197 150.207 7.636
202303 7.367 153.352 7.656
202306 7.998 154.519 8.249
202309 8.215 155.464 8.422
202312 8.175 157.148 8.291
202403 8.293 159.372 8.293

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


Companhia Deneamento Basico Do Estado Deo Paulo  (FRA:SAJA) 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 Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.30/6.87
=1.94

* 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 Deneamento Basico Do Estado Deo Paulo was 2.48. The lowest was 0.66. And the median was 1.36.


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 Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Companhia Deneamento Basico Do Estado Deo Paulo (FRA:SAJA) Business Description

Traded in Other Exchanges
Address
Rua Costa Carvalho, 300, Sao Paulo, SP, BRA, 05429-900
Companhia De Saneamento Basico Do Estado De Sao Paulo is Brazilian water and waste management company. SABESP is one of the largest waste management companies in the world, and the state of Sao Paulo is the company's majority stakeholder. The company generates revenue through exclusive long-term agreements with municipal governments. It is not uncommon for SABESP to serve the vast majority of the market. The company operates in a single segment, which is Sanitation services.

Companhia Deneamento Basico Do Estado Deo Paulo (FRA:SAJA) Headlines

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