GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Metrovias SA (BUE:MVIA) » Definitions » Cyclically Adjusted PB Ratio

Metrovias (BUE:MVIA) Cyclically Adjusted PB Ratio : 0.12 (As of Sep. 24, 2024)


View and export this data going back to . Start your Free Trial

What is Metrovias Cyclically Adjusted PB Ratio?

As of today (2024-09-24), Metrovias's current share price is ARS3.63. Metrovias's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was ARS29.05. Metrovias's Cyclically Adjusted PB Ratio for today is 0.12.

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

BUE:MVIA's Cyclically Adjusted PB Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.225
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Metrovias's adjusted book value per share data for the three months ended in Sep. 2022 was ARS94.677. 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 ARS29.05 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metrovias Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metrovias'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.

Metrovias Cyclically Adjusted PB Ratio Chart

Metrovias Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.43 0.30 0.18

Metrovias Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.20 0.18 0.15 0.14 0.12

Competitive Comparison of Metrovias's Cyclically Adjusted PB Ratio

For the Railroads subindustry, Metrovias'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.


Metrovias's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Metrovias's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Metrovias 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.

Metrovias's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.63/29.05
=0.12

* 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.

Metrovias's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Metrovias's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=94.677/125.2265*125.2265
=94.677

Current CPI (Sep. 2022) = 125.2265.

Metrovias Quarterly Data

Book Value per Share CPI Adj_Book
201212 2.036 96.871 2.632
201303 1.756 98.209 2.239
201306 2.079 98.518 2.643
201309 2.500 98.790 3.169
201312 2.643 98.326 3.366
201403 2.540 99.695 3.191
201406 2.053 100.560 2.557
201409 2.626 100.428 3.274
201412 3.560 99.070 4.500
201503 3.414 99.621 4.291
201506 3.264 100.684 4.060
201509 3.884 100.392 4.845
201512 4.164 99.792 5.225
201603 4.949 100.470 6.168
201606 3.406 101.688 4.194
201609 3.711 101.861 4.562
201612 4.111 101.863 5.054
201703 5.018 102.862 6.109
201706 3.677 103.349 4.455
201709 3.997 104.136 4.807
201712 11.112 104.011 13.379
201803 5.825 105.290 6.928
201806 4.433 106.317 5.221
201809 5.382 106.507 6.328
201812 19.217 105.998 22.703
201903 17.318 107.251 20.221
201906 15.737 108.070 18.235
201909 42.551 108.329 49.188
201912 87.371 108.420 100.915
202003 23.281 108.902 26.771
202006 29.143 108.767 33.553
202009 33.342 109.815 38.021
202012 73.716 109.897 83.999
202103 66.561 111.754 74.585
202106 82.077 114.631 89.663
202109 90.572 115.734 98.000
202112 93.584 117.630 99.628
202203 98.114 121.301 101.289
202206 97.013 125.017 97.176
202209 94.677 125.227 94.677

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.


Metrovias  (BUE:MVIA) 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.


Metrovias Cyclically Adjusted PB Ratio Related Terms

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


Metrovias Business Description

Industry
Traded in Other Exchanges
N/A
Address
Bartolomé Mitre 3342, Buenos Aires, ARG
Metrovias SA is engaged in the operation, maintenance, and management of the public transport network.

Metrovias Headlines

No Headlines