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JHSF Participacoes (JHSF Participacoes) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is JHSF Participacoes 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


JHSF Participacoes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for JHSF 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.

JHSF Participacoes Cyclically Adjusted PB Ratio Chart

JHSF Participacoes 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 1.42 1.45 0.92 0.77 0.81

JHSF Participacoes 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 0.55 0.75 0.69 0.81 0.70

Competitive Comparison of JHSF Participacoes's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, JHSF 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.


JHSF Participacoes's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, JHSF Participacoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



JHSF 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.

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

For example, JHSF Participacoes'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)
=1.895/159.3724*159.3724
=1.895

Current CPI (Mar. 2024) = 159.3724.

JHSF Participacoes Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.293 91.838 3.979
201409 2.226 92.602 3.831
201412 1.988 94.194 3.364
201503 1.729 97.799 2.818
201506 1.531 100.006 2.440
201509 1.252 101.392 1.968
201512 1.299 104.247 1.986
201603 1.339 106.979 1.995
201606 1.410 108.851 2.064
201609 1.442 109.986 2.089
201612 1.219 110.802 1.753
201703 1.333 111.869 1.899
201706 1.261 112.115 1.793
201709 1.306 112.777 1.846
201712 1.225 114.068 1.712
201803 1.226 114.868 1.701
201806 1.062 117.038 1.446
201809 1.029 117.881 1.391
201812 1.092 118.340 1.471
201903 1.108 120.124 1.470
201906 1.107 120.977 1.458
201909 1.069 121.292 1.405
201912 1.397 123.436 1.804
202003 1.167 124.092 1.499
202006 1.190 123.557 1.535
202009 1.346 125.095 1.715
202012 1.387 129.012 1.713
202103 1.328 131.660 1.608
202106 1.613 133.871 1.920
202109 1.602 137.913 1.851
202112 1.445 141.992 1.622
202203 1.759 146.537 1.913
202206 1.819 149.784 1.935
202209 1.804 147.800 1.945
202212 1.722 150.207 1.827
202303 1.822 153.352 1.894
202306 1.974 154.519 2.036
202309 1.942 155.464 1.991
202312 1.867 157.148 1.893
202403 1.895 159.372 1.895

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.


JHSF Participacoes  (OTCPK:JHSFY) 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.


JHSF Participacoes Cyclically Adjusted PB Ratio Related Terms

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


JHSF Participacoes (JHSF Participacoes) Business Description

Traded in Other Exchanges
Address
Avenida Magalhaes de Castro, 4.800 Torre 3 Continental Tower – 27th floor, Sao Paulo, SP, BRA, 05502-001
JHSF Participacoes SA is a real estate company. The company is involved in in the development, purchase and sale, as well as lease of residential and commercial properties; the construction and operation of shopping centers; the provision of administration and contract management services, and the operation of hotels and tourist activities. JHSF has four segments of business: Recurring income, Real estate business and airport, Hotels and restaurants and Main administrative office.

JHSF Participacoes (JHSF Participacoes) Headlines

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