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Klabin (BSP:KLBN4) Cyclically Adjusted Book per Share : R$1.59 (As of Mar. 2024)


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What is Klabin 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.

Klabin's adjusted book value per share for the three months ended in Mar. 2024 was R$1.864. 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$1.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Klabin's average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.50% 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 Klabin was 2.80% per year. The lowest was 0.70% per year. And the median was 1.00% per year.

As of today (2024-05-14), Klabin's current stock price is R$4.34. Klabin's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$1.59. Klabin's Cyclically Adjusted PB Ratio of today is 2.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Klabin was 5.17. The lowest was 1.67. And the median was 2.83.


Klabin Cyclically Adjusted Book per Share Historical Data

The historical data trend for Klabin'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.

Klabin Cyclically Adjusted Book per Share Chart

Klabin 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 1.25 1.43 1.35 1.56 1.61

Klabin Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.58 1.59 1.61 1.61 1.59

Competitive Comparison of Klabin's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Klabin'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.


Klabin's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Klabin's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Klabin 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, Klabin'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)
=1.864/156.2729*156.2729
=1.864

Current CPI (Mar. 2024) = 156.2729.

Klabin Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.476 91.838 2.512
201409 1.447 92.602 2.442
201412 1.401 94.194 2.324
201503 1.237 97.799 1.977
201506 1.293 100.006 2.020
201509 0.991 101.392 1.527
201512 1.063 104.247 1.594
201603 1.246 106.979 1.820
201606 1.473 108.851 2.115
201609 1.455 109.986 2.067
201612 1.411 110.802 1.990
201703 1.525 111.869 2.130
201706 1.415 112.115 1.972
201709 1.488 112.777 2.062
201712 1.420 114.068 1.945
201803 1.244 114.868 1.692
201806 1.209 117.038 1.614
201809 1.040 117.881 1.379
201812 1.087 118.340 1.435
201903 1.050 120.124 1.366
201906 1.027 120.977 1.327
201909 1.030 121.292 1.327
201912 1.043 123.436 1.320
202003 0.497 124.092 0.626
202006 0.468 123.557 0.592
202009 0.436 125.095 0.545
202012 0.631 129.012 0.764
202103 0.508 131.660 0.603
202106 0.883 133.871 1.031
202109 0.893 137.913 1.012
202112 0.950 141.992 1.046
202203 1.426 146.537 1.521
202206 1.317 149.784 1.374
202209 1.488 147.800 1.573
202212 1.579 150.207 1.643
202303 1.763 153.352 1.797
202306 1.942 154.519 1.964
202309 1.839 155.464 1.849
202312 1.909 156.273 1.909
202403 1.864 156.273 1.864

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


Klabin  (BSP:KLBN4) 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.

Klabin's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.34/1.59
=2.73

* 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 Klabin was 5.17. The lowest was 1.67. And the median was 2.83.


Be Aware

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


Klabin Cyclically Adjusted Book per Share Related Terms

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


Klabin (BSP:KLBN4) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Brigadeiro Faria Lima 3600, 3rd, 4th and 5th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Klabin SA manufactures and sells timber, pulp, and a variety of paper products. It owns and operates forests in Brazil and harvests timber. The timber is either sold to third parties or transported to the firm's mills, which produce pulp and paper products. The firm organizes itself into four segments based on product type: forestry, paper, conversion, and pulp. The forestry segment involves operations related to planting and growing pine and eucalyptus trees and selling timber to third parties; the other segments involve the production and sale of paper products. The paper and pulp segments contribute heavily to the company's overall revenue. Klabin has a global presence.

Klabin (BSP:KLBN4) Headlines

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