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Profarma Distribuidora De Produtos Farmaceuticos (BSP:PFRM3) Cyclically Adjusted Book per Share : R$14.63 (As of Dec. 2023)


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What is Profarma Distribuidora De Produtos Farmaceuticos 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.

Profarma Distribuidora De Produtos Farmaceuticos's adjusted book value per share for the three months ended in Dec. 2023 was R$10.181. 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$14.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Profarma Distribuidora De Produtos Farmaceuticos's average Cyclically Adjusted Book Growth Rate was -7.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.80% 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 Profarma Distribuidora De Produtos Farmaceuticos was -2.50% per year. The lowest was -4.50% per year. And the median was -2.95% per year.

As of today (2024-05-16), Profarma Distribuidora De Produtos Farmaceuticos's current stock price is R$5.74. Profarma Distribuidora De Produtos Farmaceuticos's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$14.63. Profarma Distribuidora De Produtos Farmaceuticos's Cyclically Adjusted PB Ratio of today is 0.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Profarma Distribuidora De Produtos Farmaceuticos was 0.44. The lowest was 0.18. And the median was 0.27.


Profarma Distribuidora De Produtos Farmaceuticos Cyclically Adjusted Book per Share Historical Data

The historical data trend for Profarma Distribuidora De Produtos Farmaceuticos'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.

Profarma Distribuidora De Produtos Farmaceuticos Cyclically Adjusted Book per Share Chart

Profarma Distribuidora De Produtos Farmaceuticos 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 17.46 16.79 16.72 15.82 14.63

Profarma Distribuidora De Produtos Farmaceuticos 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 15.82 15.69 15.35 15.00 14.63

Competitive Comparison of Profarma Distribuidora De Produtos Farmaceuticos's Cyclically Adjusted Book per Share

For the Medical Distribution subindustry, Profarma Distribuidora De Produtos Farmaceuticos'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.


Profarma Distribuidora De Produtos Farmaceuticos's Cyclically Adjusted PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Profarma Distribuidora De Produtos Farmaceuticos's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Profarma Distribuidora De Produtos Farmaceuticos's Cyclically Adjusted PB Ratio falls into.



Profarma Distribuidora De Produtos Farmaceuticos 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, Profarma Distribuidora De Produtos Farmaceuticos'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)
=10.181/157.1481*157.1481
=10.181

Current CPI (Dec. 2023) = 157.1481.

Profarma Distribuidora De Produtos Farmaceuticos Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.442 90.447 26.830
201406 16.560 91.838 28.337
201409 16.097 92.602 27.317
201412 15.643 94.194 26.098
201503 15.471 97.799 24.859
201506 15.477 100.006 24.320
201509 15.333 101.392 23.765
201512 15.168 104.247 22.865
201603 16.819 106.979 24.706
201606 12.133 108.851 17.516
201609 11.989 109.986 17.130
201612 11.410 110.802 16.183
201703 12.501 111.869 17.561
201706 10.276 112.115 14.404
201709 9.826 112.777 13.692
201712 9.502 114.068 13.091
201803 8.393 114.868 11.482
201806 8.371 117.038 11.240
201809 8.311 117.881 11.079
201812 8.329 118.340 11.060
201903 8.018 120.124 10.489
201906 8.028 120.977 10.428
201909 8.028 121.292 10.401
201912 8.194 123.436 10.432
202003 8.200 124.092 10.384
202006 8.164 123.557 10.384
202009 8.309 125.095 10.438
202012 8.534 129.012 10.395
202103 8.606 131.660 10.272
202106 8.881 133.871 10.425
202109 9.061 137.913 10.325
202112 8.858 141.992 9.803
202203 8.953 146.537 9.601
202206 9.507 149.784 9.974
202209 9.830 147.800 10.452
202212 9.714 150.207 10.163
202303 9.662 153.352 9.901
202306 9.785 154.519 9.951
202309 10.290 155.464 10.402
202312 10.181 157.148 10.181

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


Profarma Distribuidora De Produtos Farmaceuticos  (BSP:PFRM3) 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.

Profarma Distribuidora De Produtos Farmaceuticos's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.74/14.63
=0.39

* 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 Profarma Distribuidora De Produtos Farmaceuticos was 0.44. The lowest was 0.18. And the median was 0.27.


Be Aware

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


Profarma Distribuidora De Produtos Farmaceuticos Cyclically Adjusted Book per Share Related Terms

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


Profarma Distribuidora De Produtos Farmaceuticos (BSP:PFRM3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Ayrton Senna, 2.150, Bloco P, 3rd floor andar, Barra da Tijuca, RJ, BRA, 22775-900
Profarma Distribuidora Produtos Farmaceuticos SA is a Brazil-based company. It is engaged in wholesale and distribution of pharmaceuticals, cosmetics and similar products, and toiletries. Profarma also holds interests in other companies, regardless of their business sector. The company through its logistics department distributes products in the South, Southeast, Northeast and Center-West regions of Brazil. The firm operates in the pharmaceutical distribution, hospital and specialty, retail segments.

Profarma Distribuidora De Produtos Farmaceuticos (BSP:PFRM3) Headlines

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