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SID (Companhia Siderurgica Nacional) Cyclically Adjusted Book per Share : $1.69 (As of Dec. 2024)


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What is Companhia Siderurgica Nacional 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.

Companhia Siderurgica Nacional's adjusted book value per share for the three months ended in Dec. 2024 was $1.517. 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 $1.69 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Companhia Siderurgica Nacional's average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.70% 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 Companhia Siderurgica Nacional was 12.90% per year. The lowest was -0.90% per year. And the median was 5.30% per year.

As of today (2025-05-12), Companhia Siderurgica Nacional's current stock price is $1.61. Companhia Siderurgica Nacional's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $1.69. Companhia Siderurgica Nacional's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Companhia Siderurgica Nacional was 7.40. The lowest was 0.47. And the median was 1.51.


Companhia Siderurgica Nacional Cyclically Adjusted Book per Share Historical Data

The historical data trend for Companhia Siderurgica Nacional'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.

Companhia Siderurgica Nacional Cyclically Adjusted Book per Share Chart

Companhia Siderurgica Nacional 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 1.25 1.38 1.67 1.92 1.69

Companhia Siderurgica Nacional 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 1.92 1.97 1.79 1.89 1.69

Competitive Comparison of Companhia Siderurgica Nacional's Cyclically Adjusted Book per Share

For the Steel subindustry, Companhia Siderurgica Nacional'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.


Companhia Siderurgica Nacional's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Companhia Siderurgica Nacional's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Companhia Siderurgica Nacional 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, Companhia Siderurgica Nacional'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)
=1.517/164.7402*164.7402
=1.517

Current CPI (Dec. 2024) = 164.7402.

Companhia Siderurgica Nacional Quarterly Data

Book Value per Share CPI Adj_Book
201503 1.447 97.799 2.437
201506 1.226 100.006 2.020
201509 0.683 101.392 1.110
201512 1.132 104.247 1.789
201603 1.443 106.979 2.222
201606 1.631 108.851 2.468
201609 1.786 109.986 2.675
201612 1.361 110.802 2.024
201703 1.519 111.869 2.237
201706 1.297 112.115 1.906
201709 1.575 112.777 2.301
201712 1.572 114.068 2.270
201803 1.566 114.868 2.246
201806 1.338 117.038 1.883
201809 1.315 117.881 1.838
201812 1.624 118.340 2.261
201903 1.669 120.124 2.289
201906 2.074 120.977 2.824
201909 1.555 121.292 2.112
201912 1.796 123.436 2.397
202003 0.618 124.092 0.820
202006 0.580 123.557 0.773
202009 0.670 125.095 0.882
202012 1.396 129.012 1.783
202103 1.850 131.660 2.315
202106 3.129 133.871 3.851
202109 2.772 137.913 3.311
202112 2.677 141.992 3.106
202203 3.314 146.537 3.726
202206 3.036 149.784 3.339
202209 3.036 147.800 3.384
202212 2.802 150.207 3.073
202303 2.783 153.352 2.990
202306 2.871 154.519 3.061
202309 2.712 155.464 2.874
202312 2.693 157.148 2.823
202403 2.619 159.372 2.707
202406 1.967 161.052 2.012
202409 1.827 162.342 1.854
202412 1.517 164.740 1.517

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


Companhia Siderurgica Nacional  (NYSE:SID) 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.

Companhia Siderurgica Nacional's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.61/1.69
=0.95

* 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 Companhia Siderurgica Nacional was 7.40. The lowest was 0.47. And the median was 1.51.


Be Aware

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


Companhia Siderurgica Nacional Cyclically Adjusted Book per Share Related Terms

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


Companhia Siderurgica Nacional Business Description

Address
Avenue Brigadeiro Faria Lima, 3400, 20th Floor, Sao Paulo, SP, BRA, 04538-132
Companhia Siderurgica Nacional is an integrated steel producer. together with its subsidiaries operates in five main business segments: Steel industry: production and marketing of flat and long steels; Mining: extraction, processing and marketing of iron ore, tin, limestone and dolomite; Cement: production and commercialization of bagged and bulk cement, in addition to aggregates, concrete, and other related products; Energy: generation and sale of energy from almost all renewable sources; and Logistics: participations in railways and port terminals. The group generates the majority of its revenue from the Steel industry segment. Geographically, it derives a majority of revenue from Asia.