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CresudCIF y A (STU:CD8) Cyclically Adjusted Book per Share : €1.12 (As of Mar. 2024)


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What is CresudCIF y A 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.

CresudCIF y A's adjusted book value per share for the three months ended in Mar. 2024 was €10.772. 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 €1.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CresudCIF y A's average Cyclically Adjusted Book Growth Rate was 127.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 54.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 45.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 35.50% 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 CresudCIF y A was 54.60% per year. The lowest was 6.40% per year. And the median was 13.00% per year.

As of today (2024-06-25), CresudCIF y A's current stock price is €7.45. CresudCIF y A's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.12. CresudCIF y A's Cyclically Adjusted PB Ratio of today is 6.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CresudCIF y A was 12.98. The lowest was 1.49. And the median was 3.81.


CresudCIF y A Cyclically Adjusted Book per Share Historical Data

The historical data trend for CresudCIF y A'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.

CresudCIF y A Cyclically Adjusted Book per Share Chart

CresudCIF y A Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 1.44 1.19 1.44 1.13

CresudCIF y A 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 1.24 1.13 0.88 0.93 1.12

Competitive Comparison of CresudCIF y A's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, CresudCIF y A'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.


CresudCIF y A's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CresudCIF y A's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CresudCIF y A 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, CresudCIF y A'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)
=10.772/131.7762*131.7762
=10.772

Current CPI (Mar. 2024) = 131.7762.

CresudCIF y A Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.835 100.560 15.509
201409 2.988 100.428 3.921
201412 2.681 99.070 3.566
201503 2.320 99.621 3.069
201506 14.093 100.684 18.445
201509 2.547 100.392 3.343
201512 1.891 99.792 2.497
201603 0.000 100.470 0.000
201606 15.690 101.688 20.332
201609 0.751 101.861 0.972
201612 2.458 101.863 3.180
201703 3.119 102.862 3.996
201706 15.974 103.349 20.368
201709 14.406 104.136 18.230
201712 15.557 104.011 19.710
201803 14.060 105.290 17.597
201806 23.062 106.317 28.585
201809 11.493 106.507 14.220
201812 11.668 105.998 14.506
201903 11.752 107.251 14.439
201906 8.960 108.070 10.926
201909 5.060 108.329 6.155
201912 4.348 108.420 5.285
202003 2.566 108.902 3.105
202006 9.468 108.767 11.471
202009 6.952 109.815 8.342
202012 5.856 109.897 7.022
202103 5.490 111.754 6.474
202106 7.634 114.631 8.776
202109 5.073 115.734 5.776
202112 7.952 117.630 8.908
202203 0.000 121.301 0.000
202206 22.902 125.017 24.140
202209 12.314 125.227 12.958
202212 11.688 125.222 12.300
202303 12.613 127.348 13.052
202306 13.625 128.729 13.948
202309 14.400 129.860 14.613
202312 20.512 129.419 20.886
202403 10.772 131.776 10.772

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


CresudCIF y A  (STU:CD8) 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.

CresudCIF y A's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.45/1.12
=6.65

* 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 CresudCIF y A was 12.98. The lowest was 1.49. And the median was 3.81.


Be Aware

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


CresudCIF y A Cyclically Adjusted Book per Share Related Terms

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


CresudCIF y A (STU:CD8) Business Description

Industry
Traded in Other Exchanges
Address
Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA
Cresud SACIF y A is engaged in agricultural business and urban properties and investment business. Under its agricultural business the company produces oilseed grains and cereals, sugar cane and meat. The Agricultural business of the company is further comprised of four reportable segments which are Agricultural production, Land transformation and Sales, Corporate and Other segments. The company participates in the real estate business in Argentina through its subsidiary IRSA. The real estate business is further comprised of five reportable segments, namely Shopping Malls, Offices, Sales and Developments, Hotels and others.

CresudCIF y A (STU:CD8) Headlines

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