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Magazine Luiza (Magazine Luiza) Cyclically Adjusted PB Ratio : 1.22 (As of Jun. 23, 2024)


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What is Magazine Luiza Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Magazine Luiza's current share price is $8.46. Magazine Luiza's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.94. Magazine Luiza's Cyclically Adjusted PB Ratio for today is 1.22.

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

MGLUD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.3   Med: 13.77   Max: 89.38
Current: 1.3

During the past years, Magazine Luiza's highest Cyclically Adjusted PB Ratio was 89.38. The lowest was 1.30. And the median was 13.77.

MGLUD's Cyclically Adjusted PB Ratio is ranked worse than
54.02% of 772 companies
in the Retail - Cyclical industry
Industry Median: 1.14 vs MGLUD: 1.30

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.

Magazine Luiza's adjusted book value per share data for the three months ended in Mar. 2024 was $11.936. 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 $6.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Magazine Luiza Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Magazine Luiza'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.

Magazine Luiza Cyclically Adjusted PB Ratio Chart

Magazine Luiza 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 51.07 72.70 14.22 4.01 2.56

Magazine Luiza 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 4.53 4.38 2.64 2.56 2.16

Competitive Comparison of Magazine Luiza's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Magazine Luiza'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.


Magazine Luiza's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Magazine Luiza's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Magazine Luiza 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.

Magazine Luiza's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.46/6.94
=1.22

* 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.

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

For example, Magazine Luiza'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)
=11.936/159.3724*159.3724
=11.936

Current CPI (Mar. 2024) = 159.3724.

Magazine Luiza Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.017 91.838 3.500
201409 2.069 92.602 3.561
201412 1.864 94.194 3.154
201503 1.574 97.799 2.565
201506 1.566 100.006 2.496
201509 1.219 101.392 1.916
201512 1.140 104.247 1.743
201603 1.213 106.979 1.807
201606 1.334 108.851 1.953
201609 1.454 109.986 2.107
201612 1.273 110.802 1.831
201703 1.689 111.869 2.406
201706 1.557 112.115 2.213
201709 1.702 112.777 2.405
201712 3.889 114.068 5.434
201803 3.862 114.868 5.358
201806 3.591 117.038 4.890
201809 3.480 117.881 4.705
201812 3.669 118.340 4.941
201903 3.918 120.124 5.198
201906 4.953 120.977 6.525
201909 4.765 121.292 6.261
201912 10.637 123.436 13.734
202003 8.899 124.092 11.429
202006 8.279 123.557 10.679
202009 7.892 125.095 10.054
202012 8.242 129.012 10.182
202103 7.487 131.660 9.063
202106 8.376 133.871 9.972
202109 11.670 137.913 13.486
202112 11.178 141.992 12.546
202203 12.540 146.537 13.638
202206 12.144 149.784 12.921
202209 11.548 147.800 12.452
202212 11.375 150.207 12.069
202303 11.070 153.352 11.505
202306 11.536 154.519 11.898
202309 10.792 155.464 11.063
202312 10.966 157.148 11.121
202403 11.936 159.372 11.936

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.


Magazine Luiza  (OTCPK:MGLUD) 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.


Magazine Luiza Cyclically Adjusted PB Ratio Related Terms

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


Magazine Luiza (Magazine Luiza) Business Description

Traded in Other Exchanges
Address
Rua Arnulfo de Lima, 2385 - Vila Santa Cruz, Franca, SP, BRA, 14403-471
Magazine Luiza SA is a retailing company in Brazil. Its core products are home appliances, personal electronics, and furniture, which are supplied through physical and virtual stores. Its operations include four segments, Retail segment, Financial operations, Insurance operations and Other services. The company derives maximum revenue from Retail segment.

Magazine Luiza (Magazine Luiza) Headlines

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