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LOG Commercial Properties Participacoes (BSP:LOGG3) Cyclically Adjusted PB Ratio : 0.65 (As of Apr. 30, 2024)


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What is LOG Commercial Properties Participacoes Cyclically Adjusted PB Ratio?

As of today (2024-04-30), LOG Commercial Properties Participacoes's current share price is R$22.20. LOG Commercial Properties Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$34.27. LOG Commercial Properties Participacoes's Cyclically Adjusted PB Ratio for today is 0.65.

The historical rank and industry rank for LOG Commercial Properties Participacoes's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:LOGG3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.64   Max: 0.78
Current: 0.65

During the past years, LOG Commercial Properties Participacoes's highest Cyclically Adjusted PB Ratio was 0.78. The lowest was 0.50. And the median was 0.64.

BSP:LOGG3's Cyclically Adjusted PB Ratio is ranked better than
51.19% of 1299 companies
in the Real Estate industry
Industry Median: 0.66 vs BSP:LOGG3: 0.65

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

LOG Commercial Properties Participacoes's adjusted book value per share data for the three months ended in Mar. 2024 was R$37.416. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$34.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LOG Commercial Properties Participacoes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LOG Commercial Properties Participacoes'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.

LOG Commercial Properties Participacoes Cyclically Adjusted PB Ratio Chart

LOG Commercial Properties Participacoes 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 - - - - 0.67

LOG Commercial Properties Participacoes 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 0.50 0.72 0.61 0.67 0.67

Competitive Comparison of LOG Commercial Properties Participacoes's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, LOG Commercial Properties Participacoes'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.


LOG Commercial Properties Participacoes's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, LOG Commercial Properties Participacoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where LOG Commercial Properties Participacoes's Cyclically Adjusted PB Ratio falls into.



LOG Commercial Properties Participacoes 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.

LOG Commercial Properties Participacoes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.20/34.27
=0.65

* 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.

LOG Commercial Properties Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, LOG Commercial Properties Participacoes'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)
=37.416/156.2729*156.2729
=37.416

Current CPI (Mar. 2024) = 156.2729.

LOG Commercial Properties Participacoes Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 91.838 0.000
201409 0.000 92.602 0.000
201412 8.461 94.194 14.037
201503 8.370 97.799 13.374
201506 8.436 100.006 13.182
201509 8.633 101.392 13.306
201512 8.704 104.247 13.048
201603 21.688 106.979 31.681
201606 21.838 108.851 31.352
201609 21.931 109.986 31.160
201612 25.547 110.802 36.031
201703 25.647 111.869 35.827
201706 30.183 112.115 42.071
201709 27.445 112.777 38.030
201712 29.084 114.068 39.845
201803 30.634 114.868 41.676
201806 30.815 117.038 41.145
201809 31.024 117.881 41.128
201812 31.016 118.340 40.958
201903 30.612 120.124 39.824
201906 30.833 120.977 39.829
201909 31.135 121.292 40.114
201912 28.768 123.436 36.421
202003 28.974 124.092 36.488
202006 29.227 123.557 36.966
202009 29.901 125.095 37.353
202012 29.959 129.012 36.289
202103 31.037 131.660 36.839
202106 31.797 133.871 37.118
202109 32.798 137.913 37.164
202112 32.752 141.992 36.046
202203 34.057 146.537 36.320
202206 35.096 149.784 36.617
202209 36.269 147.800 38.348
202212 35.880 150.207 37.329
202303 36.163 153.352 36.852
202306 36.504 154.519 36.918
202309 37.015 155.464 37.208
202312 37.136 156.273 37.136
202403 37.416 156.273 37.416

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.


LOG Commercial Properties Participacoes  (BSP:LOGG3) 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.


LOG Commercial Properties Participacoes Cyclically Adjusted PB Ratio Related Terms

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


LOG Commercial Properties Participacoes (BSP:LOGG3) Business Description

Traded in Other Exchanges
N/A
Address
621 Professor Mario Werneck Avenue, 10th Floor, Belo Horizonte, MG, BRA, 30455-610
LOG Commercial Properties Participacoes SA is a real estate company. The company is engaged in the development, construction and rental of commercial properties such as Logistics Condominiums, Allotment of Industrial Plots, Shopping Centers, Strip Malls and Offices. The majority of the revenue is earned from the lease and service operation.

LOG Commercial Properties Participacoes (BSP:LOGG3) Headlines

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