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Suzano (FRA:SPXB) Cyclically Adjusted Book per Share : €3.03 (As of Mar. 2024)


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What is Suzano 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.

Suzano's adjusted book value per share for the three months ended in Mar. 2024 was €6.420. 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 €3.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Suzano's average Cyclically Adjusted Book Growth Rate was 15.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.70% 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 Suzano was 1.90% per year. The lowest was -7.20% per year. And the median was -5.90% per year.

As of today (2024-06-02), Suzano's current stock price is €8.75. Suzano's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.03. Suzano's Cyclically Adjusted PB Ratio of today is 2.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Suzano was 5.07. The lowest was 1.65. And the median was 3.27.


Suzano Cyclically Adjusted Book per Share Historical Data

The historical data trend for Suzano'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.

Suzano Cyclically Adjusted Book per Share Chart

Suzano 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 3.63 2.27 2.05 2.43 2.91

Suzano 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 2.64 2.79 2.85 2.91 3.03

Competitive Comparison of Suzano's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Suzano'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.


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

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

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



Suzano 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, Suzano'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)
=6.42/159.3724*159.3724
=6.420

Current CPI (Mar. 2024) = 159.3724.

Suzano Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.296 91.838 5.720
201409 3.213 92.602 5.530
201412 2.914 94.194 4.930
201503 2.582 97.799 4.208
201506 2.594 100.006 4.134
201509 1.866 101.392 2.933
201512 1.998 104.247 3.055
201603 2.298 106.979 3.423
201606 2.615 108.851 3.829
201609 2.765 109.986 4.007
201612 2.630 110.802 3.783
201703 2.902 111.869 4.134
201706 2.678 112.115 3.807
201709 2.847 112.777 4.023
201712 2.728 114.068 3.811
201803 2.817 114.868 3.908
201806 2.221 117.038 3.024
201809 2.028 117.881 2.742
201812 2.459 118.340 3.312
201903 3.455 120.124 4.584
201906 3.456 120.977 4.553
201909 2.764 121.292 3.632
201912 2.921 123.436 3.771
202003 0.624 124.092 0.801
202006 0.316 123.557 0.408
202009 0.156 125.095 0.199
202012 0.856 129.012 1.057
202103 0.493 131.660 0.597
202106 1.772 133.871 2.110
202109 1.613 137.913 1.864
202112 1.749 141.992 1.963
202203 3.419 146.537 3.718
202206 3.373 149.784 3.589
202209 4.112 147.800 4.434
202212 4.544 150.207 4.821
202303 5.238 153.352 5.444
202306 6.270 154.519 6.467
202309 6.145 155.464 6.300
202312 6.487 157.148 6.579
202403 6.420 159.372 6.420

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


Suzano  (FRA:SPXB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.75/3.03
=2.89

* 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 Suzano was 5.07. The lowest was 1.65. And the median was 3.27.


Be Aware

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


Suzano Cyclically Adjusted Book per Share Related Terms

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


Suzano (FRA:SPXB) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Professor Magalhaes Neto, No. 1,752, 10th Floor, Rooms 1010 and 1011, Salvador, BA, BRA, 41810-011
Suzano SA produces and sells pulp and a variety of paper products. The company organizes itself into two segments based on product type: Pulp and Paper. The Pulp segment generates the majority of revenue. The firm's product portfolio includes printing and writing paper, paperboard, diapers, and sanitary napkins. The company owns forest land and plants in Brazil, where it harvests timber and turns the timber into pulp and paper in its plants. More revenue comes from Europe than any other geographic area.

Suzano (FRA:SPXB) Headlines

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