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Braskem (Braskem) Cyclically Adjusted Book per Share : $3.65 (As of Mar. 2024)


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What is Braskem 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.

Braskem's adjusted book value per share for the three months ended in Mar. 2024 was $1.554. 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 $3.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Braskem's average Cyclically Adjusted Book Growth Rate was -8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.90% 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 Braskem was 4.00% per year. The lowest was -78.50% per year. And the median was -6.40% per year.

As of today (2024-06-04), Braskem's current stock price is $7.01. Braskem's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.65. Braskem's Cyclically Adjusted PB Ratio of today is 1.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Braskem was 6.47. The lowest was 0.53. And the median was 2.27.


Braskem Cyclically Adjusted Book per Share Historical Data

The historical data trend for Braskem'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.

Braskem Cyclically Adjusted Book per Share Chart

Braskem 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 5.64 3.71 3.77 3.54 3.71

Braskem 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 3.64 3.91 3.45 3.71 3.65

Competitive Comparison of Braskem's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Braskem'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.


Braskem's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Braskem 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, Braskem'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)
=1.554/159.3724*159.3724
=1.554

Current CPI (Mar. 2024) = 159.3724.

Braskem Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.275 91.838 16.096
201409 8.012 92.602 13.789
201412 5.462 94.194 9.242
201503 3.012 97.799 4.908
201506 3.995 100.006 6.367
201509 1.499 101.392 2.356
201512 1.056 104.247 1.614
201603 2.946 106.979 4.389
201606 4.219 108.851 6.177
201609 4.137 109.986 5.995
201612 2.052 110.802 2.952
201703 4.278 111.869 6.095
201706 4.916 112.115 6.988
201709 6.203 112.777 8.766
201712 4.798 114.068 6.704
201803 6.123 114.868 8.495
201806 3.832 117.038 5.218
201809 4.388 117.881 5.932
201812 4.227 118.340 5.693
201903 5.279 120.124 7.004
201906 5.806 120.977 7.649
201909 4.432 121.292 5.823
201912 2.991 123.436 3.862
202003 -0.514 124.092 -0.660
202006 -1.637 123.557 -2.112
202009 -2.078 125.095 -2.647
202012 -1.076 129.012 -1.329
202103 0.191 131.660 0.231
202106 4.327 133.871 5.151
202109 5.791 137.913 6.692
202112 3.495 141.992 3.923
202203 5.856 146.537 6.369
202206 4.712 149.784 5.014
202209 4.162 147.800 4.488
202212 3.506 150.207 3.720
202303 3.774 153.352 3.922
202306 3.740 154.519 3.857
202309 2.552 155.464 2.616
202312 2.045 157.148 2.074
202403 1.554 159.372 1.554

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


Braskem  (NYSE:BAK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.01/3.65
=1.92

* 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 Braskem was 6.47. The lowest was 0.53. And the median was 2.27.


Be Aware

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


Braskem Cyclically Adjusted Book per Share Related Terms

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


Braskem (Braskem) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Braskem SA (NYSE:BAK) » Definitions » Cyclically Adjusted Book per Share
Address
Rua Lemos Monteiro, 120 - 24 Andar, Butanta, SP, BRA, CEP 05501-050
Braskem SA manufactures and sells chemicals, petrochemicals, fuels, and utilities. The company's geographical segments include Brazil; the United States and Europe and Mexico. It derives a majority of revenue from Brazil. It produces olefins, such as ethylene, polymer and chemical-grade propylene, butadiene and butene-1; fuels, such as automotive gasoline, liquefied petroleum gas, or LPG, ethyl tertiary-butyl ether, or ETBE, and methyl tertiary-butyl ether, or MTBE; intermediates, such as cumene and others.