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Pettenati Industria Textil (BSP:PTNT3) Cyclically Adjusted Book per Share : R$5.83 (As of Dec. 2023)


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What is Pettenati Industria Textil 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.

Pettenati Industria Textil's adjusted book value per share for the three months ended in Dec. 2023 was R$7.810. 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$5.83 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Pettenati Industria Textil's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% 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 Pettenati Industria Textil was 12.90% per year. The lowest was 12.90% per year. And the median was 12.90% per year.

As of today (2024-04-28), Pettenati Industria Textil's current stock price is R$10.39. Pettenati Industria Textil's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$5.83. Pettenati Industria Textil's Cyclically Adjusted PB Ratio of today is 1.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pettenati Industria Textil was 5.95. The lowest was 1.22. And the median was 2.14.


Pettenati Industria Textil Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pettenati Industria Textil'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.

Pettenati Industria Textil Cyclically Adjusted Book per Share Chart

Pettenati Industria Textil Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.89 4.36 5.12 5.60

Pettenati Industria Textil 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 5.29 5.48 5.60 5.72 5.83

Competitive Comparison of Pettenati Industria Textil's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Pettenati Industria Textil'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.


Pettenati Industria Textil's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pettenati Industria Textil's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pettenati Industria Textil 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, Pettenati Industria Textil'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)
=7.81/156.2729*156.2729
=7.810

Current CPI (Dec. 2023) = 156.2729.

Pettenati Industria Textil Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.563 90.447 4.428
201406 2.523 91.838 4.293
201409 2.566 92.602 4.330
201412 2.593 94.194 4.302
201503 2.931 97.799 4.683
201506 2.923 100.006 4.568
201509 3.309 101.392 5.100
201512 3.233 104.247 4.846
201603 3.135 106.979 4.580
201606 2.987 108.851 4.288
201609 3.108 109.986 4.416
201612 3.115 110.802 4.393
201703 3.245 111.869 4.533
201706 3.389 112.115 4.724
201709 3.425 112.777 4.746
201712 3.524 114.068 4.828
201803 3.636 114.868 4.947
201806 3.923 117.038 5.238
201809 4.164 117.881 5.520
201812 3.991 118.340 5.270
201903 4.208 120.124 5.474
201906 4.241 120.977 5.478
201909 4.569 121.292 5.887
201912 4.467 123.436 5.655
202003 5.249 124.092 6.610
202006 5.121 123.557 6.477
202009 5.484 125.095 6.851
202012 5.561 129.012 6.736
202103 6.117 131.660 7.261
202106 5.745 133.871 6.706
202109 6.226 137.913 7.055
202112 7.099 141.992 7.813
202203 6.798 146.537 7.250
202206 6.995 149.784 7.298
202209 7.351 147.800 7.772
202212 7.485 150.207 7.787
202303 7.696 153.352 7.843
202306 7.516 154.519 7.601
202309 7.803 155.464 7.844
202312 7.810 156.273 7.810

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


Pettenati Industria Textil  (BSP:PTNT3) 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.

Pettenati Industria Textil's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.39/5.83
=1.78

* 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 Pettenati Industria Textil was 5.95. The lowest was 1.22. And the median was 2.14.


Be Aware

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


Pettenati Industria Textil Cyclically Adjusted Book per Share Related Terms

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


Pettenati Industria Textil (BSP:PTNT3) Business Description

Traded in Other Exchanges
Address
Rodovia RSC, 453 – Km 2.4, Caxias Do Sul, RS, BRA, 95010550
Pettenati SA Industria Textil manufactures fabrics finished in mesh point and apparel. The company creates, develops, tests, manufactures and markets types of fabrics covering dyed woven and printed fabric types. The company's product line include Softs, Plushs, Half Meshes, Viscose and Sport Lines, among others.

Pettenati Industria Textil (BSP:PTNT3) Headlines

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