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Inversiones Union Espanola (XSGO:INVIESPA) Cyclically Adjusted Book per Share : CLP1,948.72 (As of Mar. 2024)


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What is Inversiones Union Espanola 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.

Inversiones Union Espanola's adjusted book value per share for the three months ended in Mar. 2024 was CLP1,997.790. 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 CLP1,948.72 for the trailing ten years ended in Mar. 2024.

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 (2024-06-22), Inversiones Union Espanola's current stock price is CLP1458.00. Inversiones Union Espanola's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CLP1,948.72. Inversiones Union Espanola's Cyclically Adjusted PB Ratio of today is 0.75.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Inversiones Union Espanola was 0.75. The lowest was 0.75. And the median was 0.75.


Inversiones Union Espanola Cyclically Adjusted Book per Share Historical Data

The historical data trend for Inversiones Union Espanola'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.

Inversiones Union Espanola Cyclically Adjusted Book per Share Chart

Inversiones Union Espanola 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 - - - - 1,947.39

Inversiones Union Espanola 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 - - 1,948.54 1,947.39 1,948.72

Competitive Comparison of Inversiones Union Espanola's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Inversiones Union Espanola'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.


Inversiones Union Espanola's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Inversiones Union Espanola's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Inversiones Union Espanola's Cyclically Adjusted PB Ratio falls into.



Inversiones Union Espanola 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, Inversiones Union Espanola'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)
=1997.79/146.1089*146.1089
=1,997.790

Current CPI (Mar. 2024) = 146.1089.

Inversiones Union Espanola Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 95.543 0.000
201409 0.000 96.883 0.000
201412 1,636.458 97.515 2,451.944
201503 1,682.657 98.539 2,494.961
201506 1,573.188 99.770 2,303.860
201509 1,489.385 101.383 2,146.443
201512 1,480.373 101.775 2,125.232
201603 1,566.671 102.930 2,223.886
201606 1,544.404 103.965 2,170.451
201609 1,397.930 104.521 1,954.159
201612 1,492.684 104.532 2,086.397
201703 1,554.086 105.752 2,147.156
201706 1,555.943 105.730 2,150.165
201709 1,715.980 106.035 2,364.497
201712 1,855.044 106.907 2,535.275
201803 1,913.308 107.670 2,596.384
201806 1,890.275 108.421 2,547.341
201809 1,858.711 109.369 2,483.096
201812 1,741.237 109.653 2,320.150
201903 1,797.091 110.339 2,379.677
201906 1,717.261 111.352 2,253.275
201909 1,708.641 111.821 2,232.571
201912 1,370.040 112.943 1,772.355
202003 1,045.366 114.468 1,334.319
202006 1,179.462 114.283 1,507.921
202009 1,154.210 115.275 1,462.945
202012 1,204.022 116.299 1,512.641
202103 1,397.851 117.770 1,734.219
202106 1,190.713 118.630 1,466.519
202109 1,107.281 121.431 1,332.313
202112 1,224.033 124.634 1,434.940
202203 1,260.430 128.850 1,429.255
202206 1,252.475 133.448 1,371.301
202209 1,300.231 138.101 1,375.629
202212 1,386.956 140.574 1,441.565
202303 1,448.414 143.145 1,478.400
202306 1,739.770 143.538 1,770.936
202309 1,768.023 145.172 1,779.435
202312 1,881.925 146.109 1,881.925
202403 1,997.790 146.109 1,997.790

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


Inversiones Union Espanola  (XSGO:INVIESPA) 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.

Inversiones Union Espanola's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1458.00/1948.72
=0.75

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Inversiones Union Espanola was 0.75. The lowest was 0.75. And the median was 0.75.


Be Aware

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


Inversiones Union Espanola Cyclically Adjusted Book per Share Related Terms

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


Inversiones Union Espanola (XSGO:INVIESPA) Business Description

Traded in Other Exchanges
N/A
Address
Matias Cousino No. 150 of 201, 2nd Floor, P.O.Box : 2397, Santiago, CHL
Website
Inversiones Union Espanola SA is engaged in investing in movable and immovable, tangible and intangible property.

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