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Celulosa Argentina (BUE:CELU) Cyclically Adjusted Book per Share : ARS0.75 (As of Feb. 2024)


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What is Celulosa Argentina 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.

Celulosa Argentina's adjusted book value per share for the three months ended in Feb. 2024 was ARS6.716. 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 ARS0.75 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Celulosa Argentina's average Cyclically Adjusted Book Growth Rate was 102.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 35.20% 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 Celulosa Argentina was 35.20% per year. The lowest was 35.20% per year. And the median was 35.20% per year.

As of today (2024-04-28), Celulosa Argentina's current stock price is ARS727.50. Celulosa Argentina's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was ARS0.75. Celulosa Argentina's Cyclically Adjusted PB Ratio of today is 970.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Celulosa Argentina was 1387.29. The lowest was 75.80. And the median was 141.18.


Celulosa Argentina Cyclically Adjusted Book per Share Historical Data

The historical data trend for Celulosa Argentina'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.

Celulosa Argentina Cyclically Adjusted Book per Share Chart

Celulosa Argentina Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.17 0.23 0.30 0.42

Celulosa Argentina Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.37 0.42 0.48 0.59 0.75

Competitive Comparison of Celulosa Argentina's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Celulosa Argentina'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.


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

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

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



Celulosa Argentina 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, Celulosa Argentina's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=6.716/129.4194*129.4194
=6.716

Current CPI (Feb. 2024) = 129.4194.

Celulosa Argentina Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.095 100.373 0.122
201408 0.095 100.352 0.123
201411 0.098 99.635 0.127
201502 0.102 99.032 0.133
201505 0.109 100.333 0.141
201508 0.111 100.548 0.143
201511 0.113 100.135 0.146
201602 0.128 100.040 0.166
201605 0.134 101.355 0.171
201608 0.126 101.617 0.160
201611 0.115 101.829 0.146
201702 0.100 102.779 0.126
201705 0.143 103.256 0.179
201708 0.134 103.587 0.167
201711 0.129 104.072 0.160
201802 0.094 105.052 0.116
201805 0.390 106.148 0.476
201808 0.105 106.383 0.128
201811 0.111 106.338 0.135
201902 0.317 106.649 0.385
201905 0.629 108.048 0.753
201908 0.349 108.245 0.417
201911 0.451 108.519 0.538
202002 0.498 109.139 0.591
202005 0.608 108.175 0.727
202008 0.409 109.662 0.483
202011 0.445 109.793 0.525
202102 0.462 110.968 0.539
202105 0.711 113.576 0.810
202108 0.495 115.421 0.555
202111 0.570 117.269 0.629
202202 0.671 119.703 0.725
202205 0.968 123.323 1.016
202208 0.693 124.958 0.718
202211 0.805 125.607 0.829
202302 1.202 126.928 1.226
202305 2.005 128.314 2.022
202308 2.458 129.538 2.456
202311 4.406 129.548 4.402
202402 6.716 129.419 6.716

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


Celulosa Argentina  (BUE:CELU) 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.

Celulosa Argentina's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=727.50/0.75
=970.00

* 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 Celulosa Argentina was 1387.29. The lowest was 75.80. And the median was 141.18.


Be Aware

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


Celulosa Argentina Cyclically Adjusted Book per Share Related Terms

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


Celulosa Argentina (BUE:CELU) Business Description

Traded in Other Exchanges
N/A
Address
Av. Del Libertador 2442, Buenos Aires,piso 4, Olivos, ARG, B1636DSR
Celulosa Argentina SA is engaged in the manufacturing, marketing, and distribution of forest products. Its product portfolio includes Paper products, cellulose pulp, forest products as well as wood products. Geographically, the activities are carried out through Argentina.

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