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Veste Estilo (BSP:VSTE3) Cyclically Adjusted PB Ratio : 0.07 (As of Jun. 04, 2024)


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What is Veste Estilo Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Veste Estilo's current share price is R$16.50. Veste Estilo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$234.42. Veste Estilo's Cyclically Adjusted PB Ratio for today is 0.07.

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

BSP:VSTE3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.14   Max: 1.42
Current: 0.07

During the past years, Veste Estilo's highest Cyclically Adjusted PB Ratio was 1.42. The lowest was 0.04. And the median was 0.14.

BSP:VSTE3's Cyclically Adjusted PB Ratio is ranked better than
97.2% of 751 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs BSP:VSTE3: 0.07

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.

Veste Estilo's adjusted book value per share data for the three months ended in Mar. 2024 was R$9.100. 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$234.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Veste Estilo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Veste Estilo'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.

Veste Estilo Cyclically Adjusted PB Ratio Chart

Veste Estilo 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 0.61 0.17 0.04 0.07 0.09

Veste Estilo 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 0.07 0.08 0.07 0.09 0.07

Competitive Comparison of Veste Estilo's Cyclically Adjusted PB Ratio

For the Apparel Retail subindustry, Veste Estilo'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.


Veste Estilo's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Veste Estilo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Veste Estilo 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.

Veste Estilo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.50/234.42
=0.07

* 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.

Veste Estilo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Veste Estilo'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)
=9.1/159.3724*159.3724
=9.100

Current CPI (Mar. 2024) = 159.3724.

Veste Estilo Quarterly Data

Book Value per Share CPI Adj_Book
201406 45.233 91.838 78.496
201409 44.258 92.602 76.170
201412 293.744 94.194 497.004
201503 296.321 97.799 482.881
201506 288.885 100.006 460.374
201509 290.056 101.392 455.922
201512 283.068 104.247 432.753
201603 284.220 106.979 423.418
201606 282.168 108.851 413.133
201609 280.749 109.986 406.812
201612 273.023 110.802 392.703
201703 276.390 111.869 393.754
201706 277.819 112.115 394.924
201709 276.798 112.777 391.160
201712 321.049 114.068 448.561
201803 324.113 114.868 449.687
201806 328.654 117.038 447.535
201809 329.838 117.881 445.932
201812 332.921 118.340 448.355
201903 331.007 120.124 439.159
201906 337.119 120.977 444.112
201909 329.487 121.292 432.931
201912 255.837 123.436 330.319
202003 98.710 124.092 126.775
202006 82.200 123.557 106.027
202009 69.598 125.095 88.669
202012 31.031 129.012 38.333
202103 26.734 131.660 32.361
202106 20.507 133.871 24.414
202109 14.972 137.913 17.302
202112 -59.156 141.992 -66.397
202203 -65.721 146.537 -71.478
202206 -70.658 149.784 -75.181
202209 -78.148 147.800 -84.267
202212 8.559 150.207 9.081
202303 8.745 153.352 9.088
202306 8.790 154.519 9.066
202309 8.801 155.464 9.022
202312 8.838 157.148 8.963
202403 9.100 159.372 9.100

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.


Veste Estilo  (BSP:VSTE3) 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.


Veste Estilo Cyclically Adjusted PB Ratio Related Terms

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


Veste Estilo (BSP:VSTE3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Othão, 405, Sao Paulo, SP, BRA, 05313-020
Veste SA Estilo is engaged in apparel industry retailers and high-end accessories in Brazil. The Company's main objectives are: development, exploration of the industry, trade, import and export of clothing and clothing accessories and trading in decorative, hygiene and cosmetic objects, among others. It produces clothes, accessories, footwear, and articles for the home, always in line with contemporary lifestyle, bringing joy, elegance, and well-being to customers under its brands Le Lis, Dudalina, john john, Stew, and Individual. The company focuses on designing, developing, manufacturing, and trading apparel and accessories for women and men.

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