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Inepar Industria e Construcoes (BSP:INEP3) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Inepar Industria e Construcoes Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Inepar Industria e Construcoes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Inepar Industria e Construcoes'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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Inepar Industria e Construcoes Cyclically Adjusted PB Ratio Chart

Inepar Industria e Construcoes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Inepar Industria e Construcoes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Inepar Industria e Construcoes's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Inepar Industria e Construcoes'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.


Inepar Industria e Construcoes's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inepar Industria e Construcoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Inepar Industria e Construcoes's Cyclically Adjusted PB Ratio falls into.



Inepar Industria e Construcoes 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.

Inepar Industria e Construcoes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Inepar Industria e Construcoes'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)
=-26.022/159.3724*159.3724
=-26.022

Current CPI (Mar. 2024) = 159.3724.

Inepar Industria e Construcoes Quarterly Data

Book Value per Share CPI Adj_Book
201406 -3.921 91.838 -6.804
201409 -24.229 92.602 -41.699
201412 -68.357 94.194 -115.658
201503 -51.799 97.799 -84.411
201506 -47.642 100.006 -75.923
201509 -63.872 101.392 -100.397
201512 -10.775 104.247 -16.473
201603 -12.799 106.979 -19.067
201606 -14.343 108.851 -21.000
201609 -18.608 109.986 -26.963
201612 -30.116 110.802 -43.317
201703 -31.481 111.869 -44.849
201706 -33.012 112.115 -46.927
201709 -34.790 112.777 -49.164
201712 -40.128 114.068 -56.066
201803 -48.936 114.868 -67.896
201806 -50.799 117.038 -69.174
201809 -50.493 117.881 -68.265
201812 -49.582 118.340 -66.774
201903 -50.553 120.124 -67.071
201906 -51.899 120.977 -68.370
201909 -50.139 121.292 -65.880
201912 -59.251 123.436 -76.501
202003 -60.852 124.092 -78.153
202006 -60.278 123.557 -77.751
202009 -62.087 125.095 -79.099
202012 -75.560 129.012 -93.341
202103 -75.750 131.660 -91.694
202106 -74.708 133.871 -88.940
202109 -74.596 137.913 -86.203
202112 -36.894 141.992 -41.410
202203 -36.828 146.537 -40.054
202206 -37.965 149.784 -40.395
202209 -38.880 147.800 -41.924
202212 -42.874 150.207 -45.490
202303 -44.595 153.352 -46.346
202306 -46.821 154.519 -48.292
202309 -40.441 155.464 -41.458
202312 -24.786 157.148 -25.137
202403 -26.022 159.372 -26.022

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.


Inepar Industria e Construcoes  (BSP:INEP3) 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.


Inepar Industria e Construcoes Cyclically Adjusted PB Ratio Related Terms

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Inepar Industria e Construcoes (BSP:INEP3) Business Description

Traded in Other Exchanges
Address
Al Dos Jurupis 455, 10th Floor, Sao Paulo, SP, BRA, 4088001
Inepar SA Industria e Construcoes, together with its subsidiaries, is engaged in creating solutions, manufacture, and supply of capital goods, equipment, and services for the generation, transmission and distribution of electricity, among others.

Inepar Industria e Construcoes (BSP:INEP3) Headlines

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