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Metisa Metalurgica Timboense (BSP:MTSA4) Cyclically Adjusted PB Ratio : 1.65 (As of May. 29, 2025)


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What is Metisa Metalurgica Timboense Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Metisa Metalurgica Timboense's current share price is R$43.52. Metisa Metalurgica Timboense's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$26.43. Metisa Metalurgica Timboense's Cyclically Adjusted PB Ratio for today is 1.65.

The historical rank and industry rank for Metisa Metalurgica Timboense's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:MTSA4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 2.05   Max: 2.21
Current: 1.79

During the past years, Metisa Metalurgica Timboense's highest Cyclically Adjusted PB Ratio was 2.21. The lowest was 0.83. And the median was 2.05.

BSP:MTSA4's Cyclically Adjusted PB Ratio is ranked worse than
54.76% of 168 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.59 vs BSP:MTSA4: 1.79

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.

Metisa Metalurgica Timboense's adjusted book value per share data for the three months ended in Mar. 2025 was R$53.393. 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$26.43 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metisa Metalurgica Timboense Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metisa Metalurgica Timboense'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.

Metisa Metalurgica Timboense Cyclically Adjusted PB Ratio Chart

Metisa Metalurgica Timboense Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 2.03 2.01 2.11 1.92

Metisa Metalurgica Timboense Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.06 2.01 1.97 1.92 1.66

Competitive Comparison of Metisa Metalurgica Timboense's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Metisa Metalurgica Timboense'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.


Metisa Metalurgica Timboense's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Metisa Metalurgica Timboense's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Metisa Metalurgica Timboense's Cyclically Adjusted PB Ratio falls into.


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Metisa Metalurgica Timboense 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.

Metisa Metalurgica Timboense's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.52/26.43
=1.65

* 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.

Metisa Metalurgica Timboense's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Metisa Metalurgica Timboense's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=53.393/168.1016*168.1016
=53.393

Current CPI (Mar. 2025) = 168.1016.

Metisa Metalurgica Timboense Quarterly Data

Book Value per Share CPI Adj_Book
201506 21.950 100.006 36.896
201509 22.619 101.392 37.501
201512 22.491 104.247 36.267
201603 22.752 106.979 35.751
201606 23.053 108.851 35.602
201609 23.602 109.986 36.073
201612 23.468 110.802 35.604
201703 23.606 111.869 35.472
201706 23.906 112.115 35.844
201709 24.437 112.777 36.425
201712 24.403 114.068 35.963
201803 24.730 114.868 36.191
201806 25.239 117.038 36.251
201809 25.910 117.881 36.948
201812 25.612 118.340 36.382
201903 26.071 120.124 36.484
201906 26.157 120.977 36.346
201909 26.679 121.292 36.975
201912 26.876 123.436 36.601
202003 26.847 124.092 36.369
202006 30.224 123.557 41.120
202009 31.414 125.095 42.214
202012 31.622 129.012 41.203
202103 32.723 131.660 41.780
202106 34.117 133.871 42.841
202109 35.321 137.913 43.053
202112 35.938 141.992 42.546
202203 37.492 146.537 43.009
202206 39.848 149.784 44.721
202209 42.373 147.800 48.193
202212 43.599 150.207 48.793
202303 45.465 153.352 49.838
202306 47.507 154.519 51.683
202309 49.091 155.464 53.082
202312 50.743 157.148 54.280
202403 51.054 159.372 53.850
202406 51.558 161.052 53.815
202409 52.418 162.342 54.278
202412 52.786 164.740 53.863
202503 53.393 168.102 53.393

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.


Metisa Metalurgica Timboense  (BSP:MTSA4) 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.


Metisa Metalurgica Timboense Cyclically Adjusted PB Ratio Related Terms

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


Metisa Metalurgica Timboense Business Description

Traded in Other Exchanges
Address
Rua Fritz Lorenz, 2442, Distrito Industrial - PO Box: 11, Timbo, SC, BRA, 89120000
Metisa Metalurgica Timboense SA manufactures and markets steel parts for industrial and agricultural equipment. Its products include parts for agricultural equipment, tractors, railways, blades for the construction sector, and hand tools, among others. It offers agricultural disc blades and implements for a range of equipment, including sugar-alcohol sector; stone saw blades; blades and edges, teeth, adapters and tips, track shoes, and grouser bars for tractors, bulldozers, scrapers, excavators, earth movers, motor graders; and railroad accessories, such as tie plates, joint bars, metallic cores, and steel sleepers for the construction of permanent ways. The company also provides hand tools comprising shovels, spades, picks, post hole diggers, and hoes.

Metisa Metalurgica Timboense Headlines

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