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B3 - Brasil Bolsa Balcao (B3 - Brasil Bolsa Balcao) Cyclically Adjusted PB Ratio : 2.15 (As of May. 27, 2024)


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What is B3 - Brasil Bolsa Balcao Cyclically Adjusted PB Ratio?

As of today (2024-05-27), B3 - Brasil Bolsa Balcao's current share price is $6.45. B3 - Brasil Bolsa Balcao's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.00. B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio for today is 2.15.

The historical rank and industry rank for B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOLSY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 2.75   Max: 4.77
Current: 2.24

During the past years, B3 - Brasil Bolsa Balcao's highest Cyclically Adjusted PB Ratio was 4.77. The lowest was 1.75. And the median was 2.75.

BOLSY's Cyclically Adjusted PB Ratio is ranked worse than
68.73% of 502 companies
in the Capital Markets industry
Industry Median: 1.185 vs BOLSY: 2.24

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.

B3 - Brasil Bolsa Balcao's adjusted book value per share data for the three months ended in Mar. 2024 was $2.149. 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 $3.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


B3 - Brasil Bolsa Balcao Cyclically Adjusted PB Ratio Historical Data

The historical data trend for B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio 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.

B3 - Brasil Bolsa Balcao Cyclically Adjusted PB Ratio Chart

B3 - Brasil Bolsa Balcao Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 4.40 2.26 2.65 2.93

B3 - Brasil Bolsa Balcao Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 2.06 2.92 2.47 2.93 2.41

Competitive Comparison of B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio

For the Financial Data & Stock Exchanges subindustry, B3 - Brasil Bolsa Balcao'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.


B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio falls into.



B3 - Brasil Bolsa Balcao Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.45/3
=2.15

* 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.

B3 - Brasil Bolsa Balcao's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, B3 - Brasil Bolsa Balcao'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)
=2.149/159.3724*159.3724
=2.149

Current CPI (Mar. 2024) = 159.3724.

B3 - Brasil Bolsa Balcao Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.557 91.838 7.908
201409 4.427 92.602 7.619
201412 3.973 94.194 6.722
201503 3.451 97.799 5.624
201506 3.484 100.006 5.552
201509 2.820 101.392 4.433
201512 2.652 104.247 4.054
201603 2.829 106.979 4.215
201606 3.026 108.851 4.430
201609 3.200 109.986 4.637
201612 3.180 110.802 4.574
201703 3.785 111.869 5.392
201706 3.597 112.115 5.113
201709 3.830 112.777 5.412
201712 3.617 114.068 5.054
201803 3.679 114.868 5.104
201806 3.211 117.038 4.372
201809 2.964 117.881 4.007
201812 3.153 118.340 4.246
201903 3.215 120.124 4.265
201906 3.209 120.977 4.227
201909 3.009 121.292 3.954
201912 3.023 123.436 3.903
202003 2.492 124.092 3.201
202006 2.409 123.557 3.107
202009 2.265 125.095 2.886
202012 2.342 129.012 2.893
202103 2.127 131.660 2.575
202106 2.241 133.871 2.668
202109 2.113 137.913 2.442
202112 1.957 141.992 2.197
202203 2.188 146.537 2.380
202206 2.077 149.784 2.210
202209 1.999 147.800 2.156
202212 2.004 150.207 2.126
202303 2.057 153.352 2.138
202306 2.225 154.519 2.295
202309 2.174 155.464 2.229
202312 2.212 157.148 2.243
202403 2.149 159.372 2.149

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


B3 - Brasil Bolsa Balcao  (OTCPK:BOLSY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


B3 - Brasil Bolsa Balcao Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of B3 - Brasil Bolsa Balcao's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


B3 - Brasil Bolsa Balcao (B3 - Brasil Bolsa Balcao) Business Description

Traded in Other Exchanges
Address
Antonio Prado Square, 48 - Center, Rua XV de Novembro, 275, Sao Paulo, SP, BRA, 01010-901
B3 SA - Brasil Bolsa Balcao is a financial market exchange. Its services consist of trading, clearing, and other post-trade services. The company's activities are carried out through its trading systems and clearinghouses and include transactions with securities, interbank foreign exchange, and securities under custody in the special system for settlement and custody. It relies on technology to deliver its services.

B3 - Brasil Bolsa Balcao (B3 - Brasil Bolsa Balcao) Headlines

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