GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hoteis Othon SA (BSP:HOOT3) » Definitions » Cyclically Adjusted PB Ratio

Hoteis Othon (BSP:HOOT3) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Hoteis Othon Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hoteis Othon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hoteis Othon'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.

Hoteis Othon Cyclically Adjusted PB Ratio Chart

Hoteis Othon 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 - - - - -

Hoteis Othon 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 - - - - -

Competitive Comparison of Hoteis Othon's Cyclically Adjusted PB Ratio

For the Lodging subindustry, Hoteis Othon'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.


Hoteis Othon's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hoteis Othon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hoteis Othon 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.

Hoteis Othon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hoteis Othon'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)
=-7.016/159.3724*159.3724
=-7.016

Current CPI (Mar. 2024) = 159.3724.

Hoteis Othon Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 91.838 0.000
201409 -2.083 92.602 -3.585
201412 -2.708 94.194 -4.582
201503 -2.622 97.799 -4.273
201506 -2.983 100.006 -4.754
201509 -3.242 101.392 -5.096
201512 -4.004 104.247 -6.121
201603 -4.185 106.979 -6.235
201606 -4.750 108.851 -6.955
201609 -4.519 109.986 -6.548
201612 -4.234 110.802 -6.090
201703 -4.290 111.869 -6.112
201706 -5.010 112.115 -7.122
201709 -5.679 112.777 -8.025
201712 -6.417 114.068 -8.966
201803 -7.275 114.868 -10.094
201806 -8.283 117.038 -11.279
201809 0.000 117.881 0.000
201812 -12.315 118.340 -16.585
201903 -12.481 120.124 -16.559
201906 -12.973 120.977 -17.090
201909 -13.623 121.292 -17.900
201912 -19.752 123.436 -25.502
202003 -21.031 124.092 -27.010
202006 -22.484 123.557 -29.001
202009 -22.838 125.095 -29.096
202012 -24.549 129.012 -30.326
202103 -25.028 131.660 -30.296
202106 -25.460 133.871 -30.310
202109 -25.386 137.913 -29.336
202112 -26.209 141.992 -29.417
202203 -27.259 146.537 -29.647
202206 -19.167 149.784 -20.394
202209 -18.253 147.800 -19.682
202212 -15.298 150.207 -16.231
202303 -10.638 153.352 -11.056
202306 -11.545 154.519 -11.908
202309 -11.371 155.464 -11.657
202312 -7.703 157.148 -7.812
202403 -7.016 159.372 -7.016

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.


Hoteis Othon  (BSP:HOOT3) 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.


Hoteis Othon Cyclically Adjusted PB Ratio Related Terms

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


Hoteis Othon (BSP:HOOT3) Business Description

Traded in Other Exchanges
Address
R Teofilo Otoni 15 - Sala 1204/parte, Rio de Janeiro, RJ, BRA, 20090080
Hoteis Othon SA provides services in the hotel industry. It manages hotels, inns and suites in the states of Rio de Janeiro, São Paulo, Minas Gerais, Bahia, Ceará in Brazil, and in the cities of Lisbon and Porto in Portugal.

Hoteis Othon (BSP:HOOT3) Headlines

No Headlines