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B3 - Brasil Bolsa Balcao (FRA:YBV0) Cyclically Adjusted Book per Share : €2.42 (As of Jun. 2024)


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What is B3 - Brasil Bolsa Balcao 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.

B3 - Brasil Bolsa Balcao's adjusted book value per share for the three months ended in Jun. 2024 was €1.812. 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 €2.42 for the trailing ten years ended in Jun. 2024.

During the past 12 months, B3 - Brasil Bolsa Balcao's average Cyclically Adjusted Book Growth Rate was -0.80% 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 2.20% 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 B3 - Brasil Bolsa Balcao was 3.20% per year. The lowest was 1.90% per year. And the median was 2.40% per year.

As of today (2024-09-22), B3 - Brasil Bolsa Balcao's current stock price is €5.65. B3 - Brasil Bolsa Balcao's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €2.42. B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio of today is 2.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of B3 - Brasil Bolsa Balcao was 4.77. The lowest was 1.75. And the median was 2.71.


B3 - Brasil Bolsa Balcao Cyclically Adjusted Book per Share Historical Data

The historical data trend for B3 - Brasil Bolsa Balcao'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.

B3 - Brasil Bolsa Balcao Cyclically Adjusted Book per Share Chart

B3 - Brasil Bolsa Balcao 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 - - - 2.17 2.68

B3 - Brasil Bolsa Balcao Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.75 2.85 2.68 2.74 2.42

Competitive Comparison of B3 - Brasil Bolsa Balcao's Cyclically Adjusted Book per Share

For the Financial Data & Stock Exchanges subindustry, B3 - Brasil Bolsa Balcao'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.


B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio falls into.



B3 - Brasil Bolsa Balcao 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, B3 - Brasil Bolsa Balcao's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.812/161.0515*161.0515
=1.812

Current CPI (Jun. 2024) = 161.0515.

B3 - Brasil Bolsa Balcao Quarterly Data

Book Value per Share CPI Adj_Book
201409 3.436 92.602 5.976
201412 3.222 94.194 5.509
201503 3.189 97.799 5.252
201506 3.104 100.006 4.999
201509 2.512 101.392 3.990
201512 2.435 104.247 3.762
201603 2.541 106.979 3.825
201606 2.693 108.851 3.984
201609 2.851 109.986 4.175
201612 3.015 110.802 4.382
201703 3.539 111.869 5.095
201706 3.201 112.115 4.598
201709 3.213 112.777 4.588
201712 3.056 114.068 4.315
201803 2.984 114.868 4.184
201806 2.749 117.038 3.783
201809 2.540 117.881 3.470
201812 2.772 118.340 3.772
201903 2.845 120.124 3.814
201906 2.840 120.977 3.781
201909 2.732 121.292 3.628
201912 2.721 123.436 3.550
202003 2.255 124.092 2.927
202006 2.139 123.557 2.788
202009 1.923 125.095 2.476
202012 1.925 129.012 2.403
202103 1.787 131.660 2.186
202106 1.860 133.871 2.238
202109 1.796 137.913 2.097
202112 1.732 141.992 1.964
202203 1.987 146.537 2.184
202206 1.964 149.784 2.112
202209 2.019 147.800 2.200
202212 1.892 150.207 2.029
202303 1.922 153.352 2.018
202306 2.054 154.519 2.141
202309 2.037 155.464 2.110
202312 2.028 157.148 2.078
202403 1.977 159.372 1.998
202406 1.812 161.052 1.812

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


B3 - Brasil Bolsa Balcao  (FRA:YBV0) 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.

B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.65/2.42
=2.33

* 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 B3 - Brasil Bolsa Balcao was 4.77. The lowest was 1.75. And the median was 2.71.


Be Aware

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


B3 - Brasil Bolsa Balcao Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of B3 - Brasil Bolsa Balcao's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


B3 - Brasil Bolsa Balcao Business Description

Traded in Other Exchanges
Address
Antonio Prado Square, 48 - Center, Rua XV de Novembro, 275, Sao Paulo, SP, BRA, 01010-901
B3 SA - Brasil Bolsa Balcao is a financial market exchange. Its services consist of trading, clearing, and other post-trade services. The company's activities are carried out through its trading systems and clearinghouses and include transactions with securities, interbank foreign exchange, and securities under custody in the special system for settlement and custody. It relies on technology to deliver its services.

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