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Companhia Deneamento Basico Do Estado Deo Paulo (BSP:SBSP3) Cyclically Adjusted Book per Share : R$36.60 (As of Sep. 2023)


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What is Companhia Deneamento Basico Do Estado Deo Paulo 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.

Companhia Deneamento Basico Do Estado Deo Paulo's adjusted book value per share for the three months ended in Sep. 2023 was R$43.297. 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$36.60 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Companhia Deneamento Basico Do Estado Deo Paulo's average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Companhia Deneamento Basico Do Estado Deo Paulo was 9.50% per year. The lowest was 4.30% per year. And the median was 6.00% per year.

As of today (2024-04-29), Companhia Deneamento Basico Do Estado Deo Paulo's current stock price is R$82.30. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was R$36.60. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio of today is 2.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Companhia Deneamento Basico Do Estado Deo Paulo was 2.48. The lowest was 0.66. And the median was 1.36.


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Companhia Deneamento Basico Do Estado Deo Paulo'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.

Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted Book per Share Chart

Companhia Deneamento Basico Do Estado Deo Paulo Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.96 26.45 28.11 31.90 34.70

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 33.88 34.70 35.69 36.11 36.60

Competitive Comparison of Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share

For the Utilities - Regulated Water subindustry, Companhia Deneamento Basico Do Estado Deo Paulo'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.


Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio falls into.



Companhia Deneamento Basico Do Estado Deo Paulo 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, Companhia Deneamento Basico Do Estado Deo Paulo's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=43.297/155.4635*155.4635
=43.297

Current CPI (Sep. 2023) = 155.4635.

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data

Book Value per Share CPI Adj_Book
201312 18.918 88.522 33.224
201403 19.617 90.447 33.718
201406 19.997 91.838 33.851
201409 20.131 92.602 33.797
201412 19.465 94.194 32.126
201503 19.930 97.799 31.681
201506 20.392 100.006 31.700
201509 19.543 101.392 29.965
201512 20.068 104.247 29.927
201603 20.988 106.979 30.500
201606 22.138 108.851 31.618
201609 22.713 109.986 32.104
201612 22.559 110.802 31.652
201703 23.545 111.869 32.720
201706 23.939 112.115 33.195
201709 25.257 112.777 34.817
201712 25.622 114.068 34.920
201803 26.471 114.868 35.826
201806 26.659 117.038 35.412
201809 27.486 117.881 36.249
201812 28.605 118.340 37.578
201903 29.552 120.124 38.246
201906 30.128 120.977 38.716
201909 31.897 121.292 40.883
201912 31.654 123.436 39.867
202003 30.691 124.092 38.450
202006 31.126 123.557 39.164
202009 31.743 125.095 39.449
202012 33.348 129.012 40.185
202103 34.075 131.660 40.235
202106 35.167 133.871 40.839
202109 35.853 137.913 40.416
202112 36.476 141.992 39.937
202203 37.903 146.537 40.212
202206 38.440 149.784 39.898
202209 40.022 147.800 42.097
202212 39.990 150.207 41.390
202303 41.083 153.352 41.649
202306 42.059 154.519 42.316
202309 43.297 155.464 43.297

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


Companhia Deneamento Basico Do Estado Deo Paulo  (BSP:SBSP3) 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.

Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=82.30/36.6
=2.25

* 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 Companhia Deneamento Basico Do Estado Deo Paulo was 2.48. The lowest was 0.66. And the median was 1.36.


Be Aware

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


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Companhia Deneamento Basico Do Estado Deo Paulo (BSP:SBSP3) Business Description

Traded in Other Exchanges
Address
Rua Costa Carvalho, 300, Sao Paulo, SP, BRA, 05429-900
Companhia De Saneamento Basico Do Estado De Sao Paulo is Brazilian water and waste management company. SABESP is one of the largest waste management companies in the world, and the state of Sao Paulo is the company's majority stakeholder. The company generates revenue through exclusive long-term agreements with municipal governments. It is not uncommon for SABESP to serve the vast majority of the market. The company operates in a single segment, which is Sanitation services.

Companhia Deneamento Basico Do Estado Deo Paulo (BSP:SBSP3) Headlines

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