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Gol Linhas Aereas Inteligentes (FRA:GOQN) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Gol Linhas Aereas Inteligentes Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gol Linhas Aereas Inteligentes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gol Linhas Aereas Inteligentes'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.

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Gol Linhas Aereas Inteligentes Cyclically Adjusted PB Ratio Chart

Gol Linhas Aereas Inteligentes 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 10.53 19.01 - - -

Gol Linhas Aereas Inteligentes 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 - - - - -

Competitive Comparison of Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio

For the Airlines subindustry, Gol Linhas Aereas Inteligentes'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.


Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio falls into.



Gol Linhas Aereas Inteligentes 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.

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

For example, Gol Linhas Aereas Inteligentes'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)
=-2.232/159.3724*159.3724
=-2.232

Current CPI (Mar. 2024) = 159.3724.

Gol Linhas Aereas Inteligentes Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.154 91.838 2.003
201409 0.446 92.602 0.768
201412 -1.132 94.194 -1.915
201503 -2.632 97.799 -4.289
201506 -0.179 100.006 -0.285
201509 -0.297 101.392 -0.467
201512 -0.411 104.247 -0.628
201603 -0.357 106.979 -0.532
201606 -0.358 108.851 -0.524
201609 -0.367 109.986 -0.532
201612 -0.394 110.802 -0.567
201703 -0.396 111.869 -0.564
201706 -0.400 112.115 -0.569
201709 -0.362 112.777 -0.512
201712 -0.574 114.068 -0.802
201803 -0.528 114.868 -0.733
201806 -0.676 117.038 -0.921
201809 -0.662 117.881 -0.895
201812 -0.721 118.340 -0.971
201903 -1.058 120.124 -1.404
201906 -1.096 120.977 -1.444
201909 -1.145 121.292 -1.504
201912 -1.074 123.436 -1.387
202003 -1.304 124.092 -1.675
202006 -1.419 123.557 -1.830
202009 -1.480 125.095 -1.886
202012 -1.468 129.012 -1.813
202103 -1.600 131.660 -1.937
202106 -1.636 133.871 -1.948
202109 -1.853 137.913 -2.141
202112 -2.074 141.992 -2.328
202203 -2.082 146.537 -2.264
202206 -2.363 149.784 -2.514
202209 -2.616 147.800 -2.821
202212 -2.403 150.207 -2.550
202303 -2.358 153.352 -2.451
202306 -2.426 154.519 -2.502
202309 -2.612 155.464 -2.678
202312 -2.709 157.148 -2.747
202403 -2.232 159.372 -2.232

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.


Gol Linhas Aereas Inteligentes  (FRA:GOQN) 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.


Gol Linhas Aereas Inteligentes Cyclically Adjusted PB Ratio Related Terms

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Gol Linhas Aereas Inteligentes (FRA:GOQN) Business Description

Traded in Other Exchanges
Address
S/N, Portaria 3, Jardim Aeroporto, Praca Comandante Linneu Gomes, Sao Paulo, SP, BRA, 04626-020
Gol Intelligent Airlines Inc is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operate both domestic and international flights from which the majority of revenues come in from domestic operations.

Gol Linhas Aereas Inteligentes (FRA:GOQN) Headlines

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