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IGB Eletronica (BSP:IGBR3) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is IGB Eletronica Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IGB Eletronica Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IGB Eletronica'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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IGB Eletronica Cyclically Adjusted PB Ratio Chart

IGB Eletronica Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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IGB Eletronica Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of IGB Eletronica's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, IGB Eletronica'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.


IGB Eletronica's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



IGB Eletronica 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.

IGB Eletronica's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 is calculated as:

For example, IGB Eletronica's adjusted Book Value per Share data for the fiscal year that ended in Dec21 was:

Adj_Book=Book Value per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=-833.843/141.9924*141.9924
=-833.843

Current CPI (Dec21) = 141.9924.

IGB Eletronica Annual Data

Book Value per Share CPI Adj_Book
201212 -244.434 83.581 -415.257
201312 -262.709 88.522 -421.396
201412 -508.808 94.194 -767.003
201512 -570.708 104.247 -777.348
201612 -648.641 110.802 -831.231
201712 -613.453 114.068 -763.631
201812 -671.120 118.340 -805.253
201912 -722.707 123.436 -831.351
202012 -790.532 129.012 -870.068
202112 -833.843 141.992 -833.843

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.


IGB Eletronica  (BSP:IGBR3) 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.


IGB Eletronica Cyclically Adjusted PB Ratio Related Terms

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IGB Eletronica (BSP:IGBR3) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Acai 875, Bloco C - Dist.indl, Amazonas, Manaus, BRA, 69075110
IGB Eletronica SA is a real estate company engaged in renting industrial and commercial property. Majority of the revenue is earned from leasing of properties owned mainly in the Manaus Free Zone, and which are available for rental.

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