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Latinex Holdings (XPTY:LTXH) Cyclically Adjusted PB Ratio : 1.88 (As of Jun. 19, 2024)


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What is Latinex Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Latinex Holdings's current share price is $1.95. Latinex Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.04. Latinex Holdings's Cyclically Adjusted PB Ratio for today is 1.88.

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

XPTY:LTXH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.88   Med: 1.93   Max: 2.3
Current: 1.88

During the past years, Latinex Holdings's highest Cyclically Adjusted PB Ratio was 2.30. The lowest was 1.88. And the median was 1.93.

XPTY:LTXH's Cyclically Adjusted PB Ratio is ranked worse than
64.31% of 636 companies
in the Capital Markets industry
Industry Median: 1.16 vs XPTY:LTXH: 1.88

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.

Latinex Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $0.929. 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 $1.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Latinex Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Latinex Holdings'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.

Latinex Holdings Cyclically Adjusted PB Ratio Chart

Latinex Holdings 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 - - - 2.30 1.92

Latinex Holdings 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 2.01 1.93 1.92 1.92 1.89

Competitive Comparison of Latinex Holdings's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Latinex Holdings'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.


Latinex Holdings's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Latinex Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Latinex Holdings 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.

Latinex Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.95/1.04
=1.88

* 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.

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

For example, Latinex Holdings'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)
=0.929/131.7762*131.7762
=0.929

Current CPI (Mar. 2024) = 131.7762.

Latinex Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.684 100.428 0.898
201412 0.729 99.070 0.970
201503 0.685 99.621 0.906
201506 0.733 100.684 0.959
201509 0.774 100.392 1.016
201512 0.784 99.792 1.035
201603 0.735 100.470 0.964
201606 0.798 101.688 1.034
201609 0.860 101.861 1.113
201612 0.865 101.863 1.119
201703 0.743 102.862 0.952
201706 0.798 103.349 1.017
201709 0.833 104.136 1.054
201712 0.862 104.011 1.092
201803 0.755 105.290 0.945
201806 0.804 106.317 0.997
201809 0.853 106.507 1.055
201812 0.894 105.998 1.111
201903 0.792 107.251 0.973
201906 0.866 108.070 1.056
201909 0.923 108.329 1.123
201912 0.965 108.420 1.173
202003 0.834 108.902 1.009
202006 0.855 108.767 1.036
202009 0.935 109.815 1.122
202012 0.980 109.897 1.175
202103 0.882 111.754 1.040
202106 0.950 114.631 1.092
202109 1.036 115.734 1.180
202112 1.050 117.630 1.176
202203 0.884 121.301 0.960
202206 0.919 125.017 0.969
202209 0.966 125.227 1.017
202212 1.005 125.222 1.058
202303 0.908 127.348 0.940
202306 0.943 128.729 0.965
202309 1.006 129.860 1.021
202312 1.038 129.419 1.057
202403 0.929 131.776 0.929

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.


Latinex Holdings  (XPTY:LTXH) 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.


Latinex Holdings Cyclically Adjusted PB Ratio Related Terms

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


Latinex Holdings (XPTY:LTXH) Business Description

Traded in Other Exchanges
Address
Avenue Federico Boyd and 49th Street, Building Stock Exchange Panama, Republic of Panama, Panama, PAN
Latinex Holdings Inc through its subsidiaries operates as a stock exchange in the Republic of Panama. It also offers administration, custody, clearing, and settlement services for various investments; and trust services.

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