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Cosan (CSAIF) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


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What is Cosan 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


Cosan Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cosan'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.

Cosan Cyclically Adjusted PB Ratio Chart

Cosan 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 2.46 2.57 2.75 2.10 2.26

Cosan 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 1.81 2.13 2.04 2.26 1.86

Competitive Comparison of Cosan's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Cosan'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.


Cosan's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cosan's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cosan 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.

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

For example, Cosan'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)
=2.224/159.3724*159.3724
=2.224

Current CPI (Mar. 2024) = 159.3724.

Cosan Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.717 91.838 4.715
201409 2.593 92.602 4.463
201412 2.062 94.194 3.489
201503 1.717 97.799 2.798
201506 1.725 100.006 2.749
201509 1.328 101.392 2.087
201512 1.248 104.247 1.908
201603 1.412 106.979 2.104
201606 1.525 108.851 2.233
201609 1.660 109.986 2.405
201612 1.611 110.802 2.317
201703 1.827 111.869 2.603
201706 1.679 112.115 2.387
201709 1.844 112.777 2.606
201712 1.691 114.068 2.363
201803 1.816 114.868 2.520
201806 1.445 117.038 1.968
201809 1.356 117.881 1.833
201812 1.610 118.340 2.168
201903 1.549 120.124 2.055
201906 1.564 120.977 2.060
201909 1.607 121.292 2.112
201912 1.637 123.436 2.114
202003 1.414 124.092 1.816
202006 1.293 123.557 1.668
202009 1.281 125.095 1.632
202012 0.394 129.012 0.487
202103 1.029 131.660 1.246
202106 1.097 133.871 1.306
202109 1.435 137.913 1.658
202112 1.388 141.992 1.558
202203 1.677 146.537 1.824
202206 1.656 149.784 1.762
202209 1.626 147.800 1.753
202212 2.101 150.207 2.229
202303 2.016 153.352 2.095
202306 1.979 154.519 2.041
202309 2.005 155.464 2.055
202312 2.291 157.148 2.323
202403 2.224 159.372 2.224

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.


Cosan  (OTCPK:CSAIF) 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.


Cosan Cyclically Adjusted PB Ratio Related Terms

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Cosan (CSAIF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cosan SA (OTCPK:CSAIF) » Definitions » Cyclically Adjusted PB Ratio
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Address
Avenue Brigadeiro Faria Lima, 4100 / 15th Floor Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Cosan SA engages in several services throughout the energy and logistics sectors. Cosan SA and Cosan Logistica account for the many segments that constitute Cosan's operations. Cosan SA delivers over half of the group's revenue. It is diversified across the energy sector with companies specializing in fuel distribution, sugar and ethanol production, power generation, natural gas distribution, lubricants, and land management. The majority of the revenue is generated from the distribution of fuels in Brazil.

Cosan (CSAIF) Headlines

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