GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Multiplan Empreendimentos Imobiliarios SA (OTCPK:MLTTY) » Definitions » Cyclically Adjusted PB Ratio

Multiplan Empreendimentos Imobiliarios (Multiplan Empreendimentos Imobiliarios) Cyclically Adjusted PB Ratio : 2.05 (As of May. 26, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Multiplan Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Multiplan Empreendimentos Imobiliarios's current share price is $12.01. Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.86. Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio for today is 2.05.

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

MLTTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.21   Max: 3.65
Current: 1.83

During the past years, Multiplan Empreendimentos Imobiliarios's highest Cyclically Adjusted PB Ratio was 3.65. The lowest was 1.48. And the median was 2.21.

MLTTY's Cyclically Adjusted PB Ratio is ranked worse than
83.56% of 1338 companies
in the Real Estate industry
Industry Median: 0.71 vs MLTTY: 1.83

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.

Multiplan Empreendimentos Imobiliarios's adjusted book value per share data for the three months ended in Mar. 2024 was $4.897. 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 $5.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Multiplan Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Multiplan Empreendimentos Imobiliarios'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.

Multiplan Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio Chart

Multiplan Empreendimentos Imobiliarios 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 3.44 2.32 1.66 1.84 2.30

Multiplan Empreendimentos Imobiliarios 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 2.03 2.27 2.01 2.30 2.05

Competitive Comparison of Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Multiplan Empreendimentos Imobiliarios'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.


Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio falls into.



Multiplan Empreendimentos Imobiliarios 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.

Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.01/5.86
=2.05

* 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.

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

For example, Multiplan Empreendimentos Imobiliarios'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)
=4.897/159.3724*159.3724
=4.897

Current CPI (Mar. 2024) = 159.3724.

Multiplan Empreendimentos Imobiliarios Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.677 91.838 11.587
201409 6.518 92.602 11.218
201412 5.827 94.194 9.859
201503 4.992 97.799 8.135
201506 5.029 100.006 8.014
201509 4.054 101.392 6.372
201512 4.082 104.247 6.241
201603 4.361 106.979 6.497
201606 4.723 108.851 6.915
201609 5.056 109.986 7.326
201612 5.002 110.802 7.195
201703 5.815 111.869 8.284
201706 5.519 112.115 7.845
201709 5.818 112.777 8.222
201712 5.598 114.068 7.821
201803 5.726 114.868 7.944
201806 4.997 117.038 6.805
201809 4.608 117.881 6.230
201812 4.918 118.340 6.623
201903 5.063 120.124 6.717
201906 4.764 120.977 6.276
201909 4.499 121.292 5.911
201912 4.565 123.436 5.894
202003 3.974 124.092 5.104
202006 3.793 123.557 4.892
202009 3.979 125.095 5.069
202012 4.081 129.012 5.041
202103 3.757 131.660 4.548
202106 4.278 133.871 5.093
202109 4.132 137.913 4.775
202112 3.804 141.992 4.270
202203 4.430 146.537 4.818
202206 4.377 149.784 4.657
202209 4.260 147.800 4.594
202212 4.288 150.207 4.550
202303 4.411 153.352 4.584
202306 4.804 154.519 4.955
202309 4.799 155.464 4.920
202312 4.863 157.148 4.932
202403 4.897 159.372 4.897

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.


Multiplan Empreendimentos Imobiliarios  (OTCPK:MLTTY) 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.


Multiplan Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio Related Terms

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


Multiplan Empreendimentos Imobiliarios (Multiplan Empreendimentos Imobiliarios) Business Description

Traded in Other Exchanges
Address
Avenida das Americas, 4200, Bloco 2 - 5th andar, Sala 501, Barra da Tijuca, CEP, Rio de Janeiro, RJ, BRA, 22640-102
Multiplan Empreendimentos Imobiliarios SA is a general real estate company. The company reports four segments: Properties for lease, Real estate for sale, Projects, and Management and other. The vast majority of the company's revenue is derived from its properties for lease segment, which leases shopping malls. The properties for sale segment builds and sells properties in the surrounding areas of the shopping malls. The company generates its revenue in Brazil. The company utilizes merger and acquisition investment as part of its growth strategy.

Multiplan Empreendimentos Imobiliarios (Multiplan Empreendimentos Imobiliarios) Headlines