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Inepar Industria e Construcoes (BSP:INEP4) Cyclically Adjusted PB Ratio : (As of Jun. 18, 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)
=-28.624/159.3724*159.3724
=-28.624

Current CPI (Mar. 2024) = 159.3724.

Inepar Industria e Construcoes Quarterly Data

Book Value per Share CPI Adj_Book
201406 -4.313 91.838 -7.485
201409 -26.652 92.602 -45.870
201412 -75.193 94.194 -127.224
201503 -56.979 97.799 -92.852
201506 -52.406 100.006 -83.515
201509 -70.260 101.392 -110.438
201512 -11.852 104.247 -18.119
201603 -14.078 106.979 -20.973
201606 -15.777 108.851 -23.100
201609 -20.469 109.986 -29.660
201612 -33.128 110.802 -47.650
201703 -34.629 111.869 -49.334
201706 -36.313 112.115 -51.619
201709 -38.270 112.777 -54.082
201712 -44.141 114.068 -61.673
201803 -53.830 114.868 -74.686
201806 -55.879 117.038 -76.092
201809 -55.542 117.881 -75.091
201812 -54.541 118.340 -73.452
201903 -55.608 120.124 -73.777
201906 -57.089 120.977 -75.208
201909 -55.153 121.292 -72.469
201912 -65.176 123.436 -84.151
202003 -66.938 124.092 -85.969
202006 -66.305 123.557 -85.525
202009 -68.295 125.095 -87.009
202012 -83.116 129.012 -102.675
202103 -83.325 131.660 -100.863
202106 -82.178 133.871 -97.833
202109 -82.056 137.913 -94.824
202112 -40.584 141.992 -45.552
202203 -40.511 146.537 -44.059
202206 -41.761 149.784 -44.434
202209 -42.768 147.800 -46.117
202212 -47.161 150.207 -50.039
202303 -49.054 153.352 -50.980
202306 -51.503 154.519 -53.121
202309 -44.485 155.464 -45.604
202312 -27.265 157.148 -27.651
202403 -28.624 159.372 -28.624

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:INEP4) 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:INEP4) 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:INEP4) Headlines

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