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Eucatex Industria e Comercio (BSP:EUCA3) Cyclically Adjusted Book per Share : R$20.19 (As of Dec. 2023)


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What is Eucatex Industria e Comercio Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Eucatex Industria e Comercio's adjusted book value per share for the three months ended in Dec. 2023 was R$26.112. 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 R$20.19 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Eucatex Industria e Comercio's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Eucatex Industria e Comercio was 13.00% per year. The lowest was 10.30% per year. And the median was 12.40% per year.

As of today (2024-05-15), Eucatex Industria e Comercio's current stock price is R$14.70. Eucatex Industria e Comercio's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$20.19. Eucatex Industria e Comercio's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eucatex Industria e Comercio was 6.27. The lowest was 0.46. And the median was 0.79.


Eucatex Industria e Comercio Cyclically Adjusted Book per Share Historical Data

The historical data trend for Eucatex Industria e Comercio's Cyclically Adjusted Book per Share 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.

Eucatex Industria e Comercio Cyclically Adjusted Book per Share Chart

Eucatex Industria e Comercio Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.30 15.05 18.03 19.20 20.19

Eucatex Industria e Comercio Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 19.20 19.63 19.82 19.98 20.19

Competitive Comparison of Eucatex Industria e Comercio's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Eucatex Industria e Comercio'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.


Eucatex Industria e Comercio's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Eucatex Industria e Comercio's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eucatex Industria e Comercio's Cyclically Adjusted PB Ratio falls into.



Eucatex Industria e Comercio Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Eucatex Industria e Comercio's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=26.112/156.2729*156.2729
=26.112

Current CPI (Dec. 2023) = 156.2729.

Eucatex Industria e Comercio Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.496 90.447 21.590
201406 12.527 91.838 21.316
201409 12.615 92.602 21.289
201412 12.617 94.194 20.932
201503 12.645 97.799 20.205
201506 12.726 100.006 19.886
201509 12.736 101.392 19.630
201512 12.735 104.247 19.091
201603 12.776 106.979 18.663
201606 12.931 108.851 18.565
201609 12.983 109.986 18.447
201612 13.037 110.802 18.387
201703 13.107 111.869 18.310
201706 13.141 112.115 18.317
201709 13.467 112.777 18.661
201712 13.429 114.068 18.398
201803 13.449 114.868 18.297
201806 13.331 117.038 17.800
201809 13.380 117.881 17.738
201812 13.708 118.340 18.102
201903 13.830 120.124 17.992
201906 13.983 120.977 18.063
201909 14.208 121.292 18.306
201912 14.400 123.436 18.231
202003 14.944 124.092 18.820
202006 15.151 123.557 19.163
202009 15.642 125.095 19.540
202012 16.067 129.012 19.462
202103 16.779 131.660 19.916
202106 18.521 133.871 21.620
202109 19.341 137.913 21.916
202112 20.480 141.992 22.540
202203 21.291 146.537 22.706
202206 21.853 149.784 22.800
202209 22.370 147.800 23.652
202212 21.833 150.207 22.715
202303 22.639 153.352 23.070
202306 23.197 154.519 23.460
202309 23.924 155.464 24.049
202312 26.112 156.273 26.112

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Eucatex Industria e Comercio  (BSP:EUCA3) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Eucatex Industria e Comercio's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.70/20.19
=0.73

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eucatex Industria e Comercio was 6.27. The lowest was 0.46. And the median was 0.79.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Eucatex Industria e Comercio Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Eucatex Industria e Comercio's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Eucatex Industria e Comercio (BSP:EUCA3) Business Description

Traded in Other Exchanges
Address
Tower I and II, 11th Floor, Juscelino - Avenida, Presidente Juscelino, Kubitsche, São Paulo, SP, BRA, 4543900
Eucatex SA Industria e Comercio manufactures laminated flooring, wall partitions, doors, panels, fiberboard, and paints and varnishes. The company provides laminate and vinyl flooring products, baseboards, paints and varnishes, wall partitions, doors, MDF and MDP panels, hardboards, high-density fiberboards, and T-HDF products.

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