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BR Properties (BSP:BRPR3) Cyclically Adjusted PB Ratio : 0.01 (As of Jun. 09, 2024)


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What is BR Properties Cyclically Adjusted PB Ratio?

As of today (2024-06-09), BR Properties's current share price is R$131.17. BR Properties's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was R$20,894.60. BR Properties's Cyclically Adjusted PB Ratio for today is 0.01.

The historical rank and industry rank for BR Properties's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:BRPR3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.34   Max: 0.66
Current: 0.01

During the past years, BR Properties's highest Cyclically Adjusted PB Ratio was 0.66. The lowest was 0.01. And the median was 0.34.

BSP:BRPR3's Cyclically Adjusted PB Ratio is not ranked
in the Real Estate industry.
Industry Median: 0.71 vs BSP:BRPR3: 0.01

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.

BR Properties's adjusted book value per share data for the three months ended in Sep. 2023 was R$2,447.960. 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 R$20,894.60 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BR Properties Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BR Properties'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.

BR Properties Cyclically Adjusted PB Ratio Chart

BR Properties Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.60 0.40 0.29 0.28

BR Properties Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.35 0.28 0.26 0.09 0.03

Competitive Comparison of BR Properties's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, BR Properties'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.


BR Properties's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where BR Properties's Cyclically Adjusted PB Ratio falls into.



BR Properties 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.

BR Properties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=131.17/20894.6
=0.01

* 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.

BR Properties's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, BR Properties's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=2447.96/155.4635*155.4635
=2,447.960

Current CPI (Sep. 2023) = 155.4635.

BR Properties Quarterly Data

Book Value per Share CPI Adj_Book
201312 25,374.597 88.522 44,563.352
201403 25,712.475 90.447 44,195.413
201406 20,313.128 91.838 34,386.168
201409 20,788.251 92.602 34,900.199
201412 20,182.550 94.194 33,310.613
201503 20,241.827 97.799 32,176.800
201506 20,363.874 100.006 31,656.397
201509 18,765.020 101.392 28,772.219
201512 15,558.750 104.247 23,202.756
201603 15,917.500 106.979 23,131.573
201606 16,047.380 108.851 22,919.321
201609 16,101.029 109.986 22,758.533
201612 15,857.368 110.802 22,249.074
201703 16,477.869 111.869 22,899.149
201706 16,479.395 112.115 22,851.143
201709 14,410.980 112.777 19,865.553
201712 14,466.002 114.068 19,715.777
201803 14,463.762 114.868 19,575.383
201806 14,327.720 117.038 19,031.811
201809 14,239.598 117.881 18,779.364
201812 14,551.139 118.340 19,115.813
201903 14,138.750 120.124 18,298.316
201906 14,281.788 120.977 18,352.988
201909 14,348.785 121.292 18,391.227
201912 14,763.655 123.436 18,594.283
202003 14,801.689 124.092 18,543.755
202006 14,794.288 123.557 18,614.647
202009 14,855.492 125.095 18,461.848
202012 15,077.573 129.012 18,168.891
202103 15,125.339 131.660 17,859.874
202106 15,105.389 133.871 17,541.853
202109 15,089.440 137.913 17,009.701
202112 15,303.737 141.992 16,755.633
202203 15,234.028 146.537 16,162.007
202206 11,975.261 149.784 12,429.371
202209 9,658.808 147.800 10,159.649
202212 9,508.479 150.207 9,841.242
202303 4,009.547 153.352 4,064.744
202306 4,005.682 154.519 4,030.169
202309 2,447.960 155.464 2,447.960

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.


BR Properties  (BSP:BRPR3) 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.


BR Properties Cyclically Adjusted PB Ratio Related Terms

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


BR Properties (BSP:BRPR3) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Avenida das Nacoes Unidas, 12495 - 18th Floor/181, Sao Paulo, SP, BRA, 4578000
BR Properties SA is a commercial real estate investment company in Brazil, engaged in the acquisition, lease, management, development and sale of commercial real estate, including office buildings and industrial and logistics warehouses, located in the main metropolitan regions of Brazil.

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