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IRS (IRSA Inversiones y Representaciones) Cyclically Adjusted Book per Share : $2.80 (As of Dec. 2024)


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What is IRSA Inversiones y Representaciones 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.

IRSA Inversiones y Representaciones's adjusted book value per share for the three months ended in Dec. 2024 was $15.981. 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 $2.80 for the trailing ten years ended in Dec. 2024.

During the past 12 months, IRSA Inversiones y Representaciones's average Cyclically Adjusted Book Growth Rate was 81.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 80.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 64.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 50.50% 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 IRSA Inversiones y Representaciones was 80.60% per year. The lowest was 2.80% per year. And the median was 26.80% per year.

As of today (2025-05-12), IRSA Inversiones y Representaciones's current stock price is $15.21. IRSA Inversiones y Representaciones's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $2.80. IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio of today is 5.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IRSA Inversiones y Representaciones was 6.70. The lowest was 1.15. And the median was 3.59.


IRSA Inversiones y Representaciones Cyclically Adjusted Book per Share Historical Data

The historical data trend for IRSA Inversiones y Representaciones'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.

IRSA Inversiones y Representaciones Cyclically Adjusted Book per Share Chart

IRSA Inversiones y Representaciones Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.83 2.48 2.78 2.77 1.89

IRSA Inversiones y Representaciones Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.87 2.01 1.89 2.38 2.80

Competitive Comparison of IRSA Inversiones y Representaciones's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, IRSA Inversiones y Representaciones'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.


IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio falls into.


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IRSA Inversiones y Representaciones 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, IRSA Inversiones y Representaciones's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=15.981/133.1571*133.1571
=15.981

Current CPI (Dec. 2024) = 133.1571.

IRSA Inversiones y Representaciones Quarterly Data

Book Value per Share CPI Adj_Book
201503 3.417 99.621 4.567
201506 23.824 100.684 31.508
201509 4.264 100.392 5.656
201512 2.644 99.792 3.528
201603 1.573 100.470 2.085
201606 27.828 101.688 36.440
201609 0.561 101.861 0.733
201612 3.407 101.863 4.454
201703 4.226 102.862 5.471
201706 28.211 103.349 36.348
201709 26.793 104.136 34.260
201712 28.805 104.011 36.877
201803 27.358 105.290 34.599
201806 44.227 106.317 55.392
201809 24.785 106.507 30.987
201812 20.187 105.998 25.359
201903 20.842 107.251 25.876
201906 18.453 108.070 22.737
201909 12.115 108.329 14.892
201912 10.374 108.420 12.741
202003 8.352 108.902 10.212
202006 22.632 108.767 27.707
202009 17.194 109.815 20.849
202012 15.555 109.897 18.847
202103 0.000 111.754 0.000
202106 16.981 114.631 19.725
202109 10.838 115.734 12.470
202112 18.342 117.630 20.763
202203 17.418 121.301 19.120
202206 36.677 125.017 39.065
202209 17.996 125.227 19.136
202212 18.012 125.222 19.153
202303 19.418 127.348 20.304
202306 73.926 128.729 76.469
202309 19.194 129.860 19.681
202312 29.183 129.419 30.026
202403 13.864 131.776 14.009
202406 16.191 132.554 16.265
202409 15.542 133.029 15.557
202412 15.981 133.157 15.981

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


IRSA Inversiones y Representaciones  (NYSE:IRS) 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.

IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.21/2.80
=5.43

* 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 IRSA Inversiones y Representaciones was 6.70. The lowest was 1.15. And the median was 3.59.


Be Aware

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


IRSA Inversiones y Representaciones Cyclically Adjusted Book per Share Related Terms

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


IRSA Inversiones y Representaciones Business Description

Traded in Other Exchanges
Address
Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA
IRSA Inversiones y Representaciones SA is engaged in a diversified business. The company's operating segment includes Shopping Malls; Offices; Sales and Developments; Hotels and others. It generates maximum revenue from the Shopping Malls segment. The Shopping Malls segment comprised of lease and service revenues related to rental of commercial space and other spaces in the shopping malls of the company.