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Union Nacional De Empresas (XPTY:UNEM) Cyclically Adjusted Book per Share : $58.07 (As of Mar. 2024)


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What is Union Nacional De Empresas 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.

Union Nacional De Empresas's adjusted book value per share for the three months ended in Mar. 2024 was $61.839. 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 $58.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Union Nacional De Empresas's 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.

As of today (2024-06-15), Union Nacional De Empresas's current stock price is $26.50. Union Nacional De Empresas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $58.07. Union Nacional De Empresas's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Union Nacional De Empresas was 0.74. The lowest was 0.37. And the median was 0.59.


Union Nacional De Empresas Cyclically Adjusted Book per Share Historical Data

The historical data trend for Union Nacional De Empresas'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.

Union Nacional De Empresas Cyclically Adjusted Book per Share Chart

Union Nacional De Empresas 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 - - - 54.01 56.94

Union Nacional De Empresas 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 55.46 56.10 56.65 56.94 58.07

Competitive Comparison of Union Nacional De Empresas's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Union Nacional De Empresas'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.


Union Nacional De Empresas's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Union Nacional De Empresas's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Union Nacional De Empresas's Cyclically Adjusted PB Ratio falls into.



Union Nacional De Empresas 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, Union Nacional De Empresas'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)
=61.839/131.7762*131.7762
=61.839

Current CPI (Mar. 2024) = 131.7762.

Union Nacional De Empresas Quarterly Data

Book Value per Share CPI Adj_Book
201406 33.094 100.560 43.367
201409 33.793 100.428 44.341
201412 34.559 99.070 45.968
201503 35.269 99.621 46.653
201506 35.971 100.684 47.079
201509 36.241 100.392 47.571
201512 37.292 99.792 49.244
201603 38.166 100.470 50.058
201606 39.020 101.688 50.565
201609 39.958 101.861 51.693
201612 48.507 101.863 62.752
201703 41.673 102.862 53.387
201706 42.004 103.349 53.558
201709 42.867 104.136 54.245
201712 50.584 104.011 64.087
201803 43.668 105.290 54.653
201806 43.902 106.317 54.415
201809 44.866 106.507 55.511
201812 54.761 105.998 68.079
201903 55.756 107.251 68.506
201906 55.407 108.070 67.561
201909 56.512 108.329 68.743
201912 56.937 108.420 69.202
202003 55.293 108.902 66.907
202006 53.548 108.767 64.876
202009 53.384 109.815 64.060
202012 53.059 109.897 63.623
202103 53.809 111.754 63.449
202106 54.807 114.631 63.004
202109 54.994 115.734 62.617
202112 56.039 117.630 62.779
202203 62.055 121.301 67.414
202206 56.833 125.017 59.906
202209 56.848 125.227 59.821
202212 57.238 125.222 60.234
202303 57.234 127.348 59.224
202306 57.956 128.729 59.328
202309 59.073 129.860 59.945
202312 60.374 129.419 61.473
202403 61.839 131.776 61.839

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


Union Nacional De Empresas  (XPTY:UNEM) 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.

Union Nacional De Empresas's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.50/58.07
=0.46

* 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 Union Nacional De Empresas was 0.74. The lowest was 0.37. And the median was 0.59.


Be Aware

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


Union Nacional De Empresas Cyclically Adjusted Book per Share Related Terms

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


Union Nacional De Empresas (XPTY:UNEM) Business Description

Traded in Other Exchanges
Address
Spain Corner Road and Calle 50, No. 50, Building Sucasa, Apartado, PAN, 8001
Union Nacional De Empresas SA is a public company engaged in the construction and housing, hospitality, financial services, equipment rental and sales, shopping centers and industrial areas.

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