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Cosan (FRA:9CI0) Cyclically Adjusted PB Ratio : 1.45 (As of Sep. 19, 2024)


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What is Cosan Cyclically Adjusted PB Ratio?

As of today (2024-09-19), Cosan's current share price is €8.70. Cosan's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €6.00. Cosan's Cyclically Adjusted PB Ratio for today is 1.45.

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

FRA:9CI0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.11   Max: 3.6
Current: 1.49

During the past years, Cosan's highest Cyclically Adjusted PB Ratio was 3.60. The lowest was 1.20. And the median was 2.11.

FRA:9CI0's Cyclically Adjusted PB Ratio is ranked worse than
71.01% of 783 companies
in the Oil & Gas industry
Industry Median: 0.92 vs FRA:9CI0: 1.49

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.

Cosan's adjusted book value per share data for the three months ended in Jun. 2024 was €7.336. 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 €6.00 for the trailing ten years ended in Jun. 2024.

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
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.13 2.04 2.26 1.86 1.54

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.70/6
=1.45

* 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.

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

For example, Cosan's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=7.336/161.0515*161.0515
=7.336

Current CPI (Jun. 2024) = 161.0515.

Cosan Quarterly Data

Book Value per Share CPI Adj_Book
201409 8.149 92.602 14.173
201412 6.670 94.194 11.404
201503 6.361 97.799 10.475
201506 6.160 100.006 9.920
201509 4.744 101.392 7.535
201512 5.059 104.247 7.816
201603 5.216 106.979 7.852
201606 5.539 108.851 8.195
201609 6.018 109.986 8.812
201612 6.222 110.802 9.044
201703 6.864 111.869 9.882
201706 5.990 112.115 8.605
201709 6.229 112.777 8.895
201712 5.963 114.068 8.419
201803 5.947 114.868 8.338
201806 5.118 117.038 7.043
201809 4.701 117.881 6.423
201812 5.725 118.340 7.791
201903 5.545 120.124 7.434
201906 5.607 120.977 7.464
201909 5.858 121.292 7.778
201912 5.921 123.436 7.725
202003 5.203 124.092 6.753
202006 4.661 123.557 6.075
202009 4.355 125.095 5.607
202012 2.197 129.012 2.743
202103 3.217 131.660 3.935
202106 3.648 133.871 4.389
202109 4.883 137.913 5.702
202112 4.938 141.992 5.601
202203 6.112 146.537 6.717
202206 6.289 149.784 6.762
202209 6.579 147.800 7.169
202212 7.965 150.207 8.540
202303 7.533 153.352 7.911
202306 7.306 154.519 7.615
202309 7.510 155.464 7.780
202312 8.400 157.148 8.609
202403 8.198 159.372 8.284
202406 7.336 161.052 7.336

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  (FRA:9CI0) 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

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


Cosan Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cosan SA (FRA:9CI0) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
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.

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