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Promotora AmbientalB de CV (MEX:PASAB) Cyclically Adjusted Book per Share : MXN22.13 (As of Mar. 2024)


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What is Promotora AmbientalB de CV 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.

Promotora AmbientalB de CV's adjusted book value per share for the three months ended in Mar. 2024 was MXN20.934. 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 MXN22.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Promotora AmbientalB de CV's average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Promotora AmbientalB de CV was 6.10% per year. The lowest was 4.10% per year. And the median was 5.70% per year.

As of today (2024-06-25), Promotora AmbientalB de CV's current stock price is MXN37.00. Promotora AmbientalB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN22.13. Promotora AmbientalB de CV's Cyclically Adjusted PB Ratio of today is 1.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Promotora AmbientalB de CV was 1.74. The lowest was 0.56. And the median was 0.86.


Promotora AmbientalB de CV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Promotora AmbientalB de CV'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.

Promotora AmbientalB de CV Cyclically Adjusted Book per Share Chart

Promotora AmbientalB de CV 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 17.82 18.33 19.68 21.04 21.88

Promotora AmbientalB de CV 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 21.33 21.27 21.54 21.88 22.13

Competitive Comparison of Promotora AmbientalB de CV's Cyclically Adjusted Book per Share

For the Waste Management subindustry, Promotora AmbientalB de CV'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.


Promotora AmbientalB de CV's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Promotora AmbientalB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Promotora AmbientalB de CV's Cyclically Adjusted PB Ratio falls into.



Promotora AmbientalB de CV 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, Promotora AmbientalB de CV'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)
=20.934/152.9470*152.9470
=20.934

Current CPI (Mar. 2024) = 152.9470.

Promotora AmbientalB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.978 96.609 22.129
201409 14.495 97.652 22.703
201412 14.523 99.469 22.331
201503 14.692 99.973 22.477
201506 15.016 99.382 23.109
201509 15.321 100.112 23.407
201512 15.514 101.588 23.357
201603 15.835 102.573 23.612
201606 16.086 101.905 24.143
201609 16.378 103.084 24.300
201612 16.745 105.002 24.391
201703 16.779 108.063 23.748
201706 16.941 108.339 23.916
201709 17.021 109.628 23.747
201712 17.332 112.114 23.645
201803 17.487 113.505 23.564
201806 17.228 113.373 23.242
201809 17.516 115.130 23.269
201812 16.520 117.530 21.498
201903 16.596 118.050 21.502
201906 16.667 117.848 21.631
201909 16.973 118.581 21.892
201912 16.805 120.854 21.268
202003 17.548 121.885 22.020
202006 17.484 121.777 21.959
202009 17.330 123.341 21.490
202012 17.323 124.661 21.254
202103 17.640 127.574 21.148
202106 17.519 128.936 20.782
202109 18.053 130.742 21.119
202112 18.082 133.830 20.665
202203 18.274 137.082 20.389
202206 18.689 139.233 20.530
202209 18.897 142.116 20.337
202212 19.461 144.291 20.628
202303 19.627 146.472 20.495
202306 20.261 146.272 21.186
202309 20.267 148.446 20.881
202312 20.435 151.017 20.696
202403 20.934 152.947 20.934

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


Promotora AmbientalB de CV  (MEX:PASAB) 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.

Promotora AmbientalB de CV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.00/22.13
=1.67

* 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 Promotora AmbientalB de CV was 1.74. The lowest was 0.56. And the median was 0.86.


Be Aware

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


Promotora AmbientalB de CV Cyclically Adjusted Book per Share Related Terms

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


Promotora AmbientalB de CV (MEX:PASAB) Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Antonio Rodriguez 1884, Tower 1st Floor 8 Col. Santa Maria, Monterrey, MEX, 64650
Promotora Ambiental SAB de CV provides private and domestic solid waste collection services, construction and operation of landfills. The company offers services to the petroleum industry in Mexico.

Promotora AmbientalB de CV (MEX:PASAB) Headlines

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