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PPLA Participations (BSP:PPLA11) Cyclically Adjusted PB Ratio : (As of May. 01, 2024)


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What is PPLA Participations Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


PPLA Participations Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PPLA Participations'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.

PPLA Participations Cyclically Adjusted PB Ratio Chart

PPLA Participations Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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PPLA Participations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of PPLA Participations's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, PPLA Participations'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.


PPLA Participations's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PPLA Participations's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PPLA Participations 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.

PPLA Participations's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PPLA Participations's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/129.4194*129.4194
=0.000

Current CPI (Dec. 2023) = 129.4194.

PPLA Participations Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.858 99.695 8.903
201406 7.064 100.560 9.091
201409 6.925 100.428 8.924
201412 7.198 99.070 9.403
201503 6.750 99.621 8.769
201506 6.437 100.684 8.274
201509 11.771 100.392 15.175
201512 8.443 99.792 10.950
201603 8.119 100.470 10.458
201606 9.241 101.688 11.761
201609 10.189 101.861 12.946
201612 8.294 101.863 10.538
201703 6.877 102.862 8.653
201706 3.745 103.349 4.690
201709 2.893 104.136 3.595
201712 1.850 104.011 2.302
201803 0.662 105.290 0.814
201806 0.364 106.317 0.443
201809 0.121 106.507 0.147
201812 0.044 105.998 0.054
201903 0.014 107.251 0.017
201906 0.002 108.070 0.002
201909 0.001 108.329 0.001
201912 0.000 108.420 0.000
202003 -4.913 108.902 -5.839
202006 -4.913 108.767 -5.846
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 0.000 129.419 0.000

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.


PPLA Participations  (BSP:PPLA11) 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.


PPLA Participations Cyclically Adjusted PB Ratio Related Terms

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


PPLA Participations (BSP:PPLA11) Business Description

Traded in Other Exchanges
N/A
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
PPLA Participations Ltd is an investment vehicle, constituted to carry out several investments in proprietary position, including several foreign investments and some Brazilian investments. Proprietary investment activities in a wide range of financial instruments include investments in Merchant Banking and real estate investments primarily in Brazil and investments in a variety of financial instruments in the global market.

PPLA Participations (BSP:PPLA11) Headlines

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