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Union Nacional De Empresas (XPTY:UNEMB) Cyclically Adjusted Book per Share : $49.75 (As of Dec. 2023)


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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 Dec. 2023 was $60.194. 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 $49.75 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Union Nacional De Empresas's average Cyclically Adjusted Book Growth Rate was 5.40% 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 (2024-05-22), Union Nacional De Empresas's current stock price is $24.25. Union Nacional De Empresas's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $49.75. Union Nacional De Empresas's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Union Nacional De Empresas was 0.73. The lowest was 0.38. 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 - - - 49.86 49.75

Union Nacional De Empresas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 49.86 48.07 58.36 53.56 49.75

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 Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=60.194/129.4194*129.4194
=60.194

Current CPI (Dec. 2023) = 129.4194.

Union Nacional De Empresas Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 32.995 100.560 42.464
201409 33.692 100.428 43.418
201412 34.455 99.070 45.010
201503 35.163 99.621 45.681
201506 35.864 100.684 46.100
201509 36.132 100.392 46.579
201512 37.181 99.792 48.220
201603 38.052 100.470 49.016
201606 38.904 101.688 49.513
201609 39.838 101.861 50.616
201612 48.362 101.863 61.445
201703 41.549 102.862 52.276
201706 41.878 103.349 52.442
201709 42.739 104.136 53.116
201712 50.433 104.011 62.753
201803 43.538 105.290 53.516
201806 43.771 106.317 53.282
201809 44.732 106.507 54.355
201812 54.597 105.998 66.661
201903 55.590 107.251 67.081
201906 55.241 108.070 66.154
201909 56.343 108.329 67.312
201912 56.766 108.420 67.761
202003 55.128 108.902 65.515
202006 53.388 108.767 63.525
202009 53.225 109.815 62.727
202012 52.901 109.897 62.299
202103 53.648 111.754 62.128
202106 54.643 114.631 61.692
202109 54.830 115.734 61.313
202112 55.872 117.630 61.472
202203 61.870 121.301 66.011
202206 56.664 125.017 58.659
202209 56.679 125.227 58.577
202212 57.067 125.222 58.980
202303 57.063 127.348 57.991
202306 57.783 128.729 58.093
202309 58.897 129.860 58.697
202312 60.194 129.419 60.194

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:UNEMB) 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
=24.25/49.75
=0.49

* 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 0.73. The lowest was 0.38. 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:UNEMB) 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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