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Ultrapar Participacoes (FRA:UGR) Cyclically Adjusted PB Ratio : 1.97 (As of Jun. 26, 2025)


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What is Ultrapar Participacoes Cyclically Adjusted PB Ratio?

As of today (2025-06-26), Ultrapar Participacoes's current share price is €2.58. Ultrapar Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €1.31. Ultrapar Participacoes's Cyclically Adjusted PB Ratio for today is 1.97.

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

FRA:UGR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 2.95   Max: 4.6
Current: 2.06

During the past years, Ultrapar Participacoes's highest Cyclically Adjusted PB Ratio was 4.60. The lowest was 1.29. And the median was 2.95.

FRA:UGR's Cyclically Adjusted PB Ratio is ranked worse than
77.72% of 790 companies
in the Oil & Gas industry
Industry Median: 0.98 vs FRA:UGR: 2.06

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.

Ultrapar Participacoes's adjusted book value per share data for the three months ended in Mar. 2025 was €2.270. 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 €1.31 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultrapar Participacoes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ultrapar Participacoes'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.

Ultrapar Participacoes Cyclically Adjusted PB Ratio Chart

Ultrapar Participacoes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 2.96 2.18 3.94 2.02

Ultrapar Participacoes Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.06 2.97 2.81 2.02 2.08

Competitive Comparison of Ultrapar Participacoes's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Ultrapar Participacoes'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.


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

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

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


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Ultrapar Participacoes 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.

Ultrapar Participacoes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.58/1.31
=1.97

* 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.

Ultrapar Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Ultrapar Participacoes's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.27/168.1016*168.1016
=2.270

Current CPI (Mar. 2025) = 168.1016.

Ultrapar Participacoes Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.958 100.006 1.610
201509 0.751 101.392 1.245
201512 0.778 104.247 1.255
201603 0.812 106.979 1.276
201606 0.902 108.851 1.393
201609 0.952 109.986 1.455
201612 0.988 110.802 1.499
201703 1.088 111.869 1.635
201706 1.005 112.115 1.507
201709 1.012 112.777 1.508
201712 1.005 114.068 1.481
201803 0.935 114.868 1.368
201806 0.868 117.038 1.247
201809 0.814 117.881 1.161
201812 0.907 118.340 1.288
201903 0.936 120.124 1.310
201906 0.944 120.977 1.312
201909 0.906 121.292 1.256
201912 0.880 123.436 1.198
202003 0.715 124.092 0.969
202006 0.661 123.557 0.899
202009 0.627 125.095 0.843
202012 0.645 129.012 0.840
202103 0.604 131.660 0.771
202106 1.463 133.871 1.837
202109 1.447 137.913 1.764
202112 1.448 141.992 1.714
202203 1.763 146.537 2.022
202206 1.866 149.784 2.094
202209 1.930 147.800 2.195
202212 1.935 150.207 2.166
202303 1.958 153.352 2.146
202306 2.111 154.519 2.297
202309 2.212 155.464 2.392
202312 2.320 157.148 2.482
202403 2.344 159.372 2.472
202406 2.259 161.052 2.358
202409 2.193 162.342 2.271
202412 2.193 164.740 2.238
202503 2.270 168.102 2.270

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.


Ultrapar Participacoes  (FRA:UGR) 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.


Ultrapar Participacoes Cyclically Adjusted PB Ratio Related Terms

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


Ultrapar Participacoes Business Description

Industry
Traded in Other Exchanges
Address
Brigadeiro Luis Antonio Avenue, 1343, 9th Floor, Sao Paulo, SP, BRA, 01317-910
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, and industrial activities, through the subscription or acquisition of shares of other companies. The Company has three business segments: Ultragaz distributes LPG in the segments: bulk, comprising condominiums, trade, services, industries, and agribusiness; and bottled, mainly comprising residential consumers. The Ipiranga engages in the distribution and sale of oil-related products, biofuels, and similar products to service stations that operate under the Ipiranga brand throughout Brazil and to consumers and carrier-reseller-retailer. The Ultracargo operates in specialized liquid bulk storage solutions in the main logistics centers of Brazil.

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