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CTT-Correios de Portugal (MEX:CTT N) Cyclically Adjusted Book per Share : MXN19.29 (As of Mar. 2025)


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What is CTT-Correios de Portugal 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.

CTT-Correios de Portugal's adjusted book value per share for the three months ended in Mar. 2025 was MXN40.298. 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 MXN19.29 for the trailing ten years ended in Mar. 2025.

During the past 12 months, CTT-Correios de Portugal's average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.60% 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 CTT-Correios de Portugal was 1.60% per year. The lowest was 1.60% per year. And the median was 1.60% per year.

As of today (2025-07-09), CTT-Correios de Portugal's current stock price is MXN94.31. CTT-Correios de Portugal's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN19.29. CTT-Correios de Portugal's Cyclically Adjusted PB Ratio of today is 4.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CTT-Correios de Portugal was 5.05. The lowest was 1.78. And the median was 2.75.


CTT-Correios de Portugal Cyclically Adjusted Book per Share Historical Data

The historical data trend for CTT-Correios de Portugal'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.

CTT-Correios de Portugal Cyclically Adjusted Book per Share Chart

CTT-Correios de Portugal Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 23.40 28.67 29.30 26.72

CTT-Correios de Portugal Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 24.92 29.29 27.96 26.72 19.29

Competitive Comparison of CTT-Correios de Portugal's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, CTT-Correios de Portugal'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.


CTT-Correios de Portugal's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CTT-Correios de Portugal's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CTT-Correios de Portugal's Cyclically Adjusted PB Ratio falls into.


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CTT-Correios de Portugal 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, CTT-Correios de Portugal's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=40.298/122.6242*122.6242
=40.298

Current CPI (Mar. 2025) = 122.6242.

CTT-Correios de Portugal Quarterly Data

Book Value per Share CPI Adj_Book
201506 26.109 100.769 31.772
201509 29.720 100.489 36.266
201512 32.456 100.119 39.752
201603 35.792 100.547 43.651
201606 30.316 101.319 36.691
201609 33.787 101.122 40.971
201612 35.064 100.998 42.572
201703 33.858 101.924 40.734
201706 25.123 102.240 30.132
201709 27.023 102.527 32.320
201712 27.360 102.479 32.739
201803 28.934 102.626 34.572
201806 20.785 103.790 24.557
201809 20.310 103.960 23.956
201812 22.528 103.159 26.779
201903 21.005 103.495 24.887
201906 19.350 104.192 22.773
201909 21.457 103.844 25.338
201912 18.912 103.592 22.387
202003 24.024 103.544 28.451
202006 23.158 104.323 27.221
202009 24.326 103.699 28.766
202012 24.966 103.354 29.621
202103 26.562 104.014 31.314
202106 24.483 104.852 28.633
202109 26.279 105.232 30.622
202112 27.905 106.191 32.223
202203 26.818 109.559 30.016
202206 28.951 114.003 31.140
202209 28.626 114.999 30.524
202212 32.426 116.377 34.167
202303 32.486 117.701 33.845
202306 30.189 117.872 31.406
202309 31.161 119.111 32.080
202312 33.388 118.032 34.687
202403 32.992 120.396 33.603
202406 34.213 121.165 34.625
202409 38.823 121.574 39.158
202412 40.155 121.585 40.498
202503 40.298 122.624 40.298

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


CTT-Correios de Portugal  (MEX:CTT N) 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.

CTT-Correios de Portugal's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=94.31/19.29
=4.89

* 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 CTT-Correios de Portugal was 5.05. The lowest was 1.78. And the median was 2.75.


Be Aware

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


CTT-Correios de Portugal Cyclically Adjusted Book per Share Related Terms

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


CTT-Correios de Portugal Business Description

Traded in Other Exchanges
Address
Avenida dos Combatentes 43, No.1643-0011, 4th Floor, Lisbon, PRT, 1999-001
CTT-Correios de Portugal SA is a logistics company domiciled in Portugal. The company organizes itself into four segments: mail, express and parcels, financial services, and bank. The mail segment, which generates a vast majority of the company's revenue, provides mail postal services to business customers, distribution of advertising materials, and postal communication solutions, among others. Express and parcels, the next segment, provides parcel postal and courier services. The company provides financial services such as payment processing and retail banking through both the financial services segment and the bank segment. The company earns majority of its revenue domestically.

CTT-Correios de Portugal Headlines

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