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Gol Linhas Aereas Inteligentes (BSP:GOLL4) Cyclically Adjusted PB Ratio : (As of Sep. 21, 2024)


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What is Gol Linhas Aereas Inteligentes Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gol Linhas Aereas Inteligentes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gol Linhas Aereas Inteligentes'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.

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Gol Linhas Aereas Inteligentes Cyclically Adjusted PB Ratio Chart

Gol Linhas Aereas Inteligentes 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 10.53 19.01 - - -

Gol Linhas Aereas Inteligentes Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio

For the Airlines subindustry, Gol Linhas Aereas Inteligentes'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.


Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio falls into.



Gol Linhas Aereas Inteligentes 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.

Gol Linhas Aereas Inteligentes's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Gol Linhas Aereas Inteligentes's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-7.251/161.0515*161.0515
=-7.251

Current CPI (Jun. 2024) = 161.0515.

Gol Linhas Aereas Inteligentes Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.672 92.602 1.169
201412 -1.844 94.194 -3.153
201503 -4.474 97.799 -7.368
201506 -0.312 100.006 -0.502
201509 -0.650 101.392 -1.032
201512 -0.868 104.247 -1.341
201603 -0.736 106.979 -1.108
201606 -0.688 108.851 -1.018
201609 -0.670 109.986 -0.981
201612 -0.697 110.802 -1.013
201703 -0.662 111.869 -0.953
201706 -0.740 112.115 -1.063
201709 -0.676 112.777 -0.965
201712 -1.119 114.068 -1.580
201803 -1.067 114.868 -1.496
201806 -1.489 117.038 -2.049
201809 -1.588 117.881 -2.170
201812 -1.592 118.340 -2.167
201903 -2.296 120.124 -3.078
201906 -2.387 120.977 -3.178
201909 -2.598 121.292 -3.450
201912 -2.449 123.436 -3.195
202003 -3.521 124.092 -4.570
202006 -4.144 123.557 -5.402
202009 -4.707 125.095 -6.060
202012 -4.594 129.012 -5.735
202103 -5.368 131.660 -6.566
202106 -4.957 133.871 -5.963
202109 -5.741 137.913 -6.704
202112 -6.627 141.992 -7.517
202203 -5.706 146.537 -6.271
202206 -6.304 149.784 -6.778
202209 -6.790 147.800 -7.399
202212 -6.676 150.207 -7.158
202303 -6.576 153.352 -6.906
202306 -6.380 154.519 -6.650
202309 -6.884 155.464 -7.131
202312 -7.238 157.148 -7.418
202403 -6.042 159.372 -6.106
202406 -7.251 161.052 -7.251

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.


Gol Linhas Aereas Inteligentes  (BSP:GOLL4) 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.


Gol Linhas Aereas Inteligentes Cyclically Adjusted PB Ratio Related Terms

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Gol Linhas Aereas Inteligentes Business Description

Traded in Other Exchanges
Address
S/N, Portaria 3, Jardim Aeroporto, Praca Comandante Linneu Gomes, Sao Paulo, SP, BRA, 04626-020
Gol Intelligent Airlines Inc is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operate both domestic and international flights from which the majority of revenues come in from domestic operations.

Gol Linhas Aereas Inteligentes Headlines

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