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Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3) Cyclically Adjusted PB Ratio : 1.17 (As of Apr. 29, 2024)


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What is Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Brasilagro - Cia Bras de Prop Agricolas's current share price is R$25.30. Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$21.66. Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio for today is 1.17.

The historical rank and industry rank for Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:AGRO3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.22   Max: 2.03
Current: 1.17

During the past years, Brasilagro - Cia Bras de Prop Agricolas's highest Cyclically Adjusted PB Ratio was 2.03. The lowest was 0.20. And the median was 1.22.

BSP:AGRO3's Cyclically Adjusted PB Ratio is ranked better than
55.13% of 1237 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs BSP:AGRO3: 1.17

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.

Brasilagro - Cia Bras de Prop Agricolas's adjusted book value per share data for the three months ended in Dec. 2023 was R$19.837. 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$21.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio 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.

Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted PB Ratio Chart

Brasilagro - Cia Bras de Prop Agricolas Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.32 1.70 1.20 1.15

Brasilagro - Cia Bras de Prop Agricolas Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio 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 1.20 1.49 - 1.15 1.23

Competitive Comparison of Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Brasilagro - Cia Bras de Prop Agricolas'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.


Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio falls into.



Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.30/21.66
=1.17

* 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.

Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Brasilagro - Cia Bras de Prop Agricolas'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)
=19.837/156.2729*156.2729
=19.837

Current CPI (Dec. 2023) = 156.2729.

Brasilagro - Cia Bras de Prop Agricolas Quarterly Data

Book Value per Share CPI Adj_Book
201309 9.984 86.749 17.986
201312 10.002 88.522 17.657
201403 0.000 90.447 0.000
201406 9.995 91.838 17.008
201409 10.149 92.602 17.127
201412 10.303 94.194 17.093
201503 10.890 97.799 17.401
201506 12.987 100.006 20.294
201509 14.053 101.392 21.660
201512 13.307 104.247 19.948
201603 12.595 106.979 18.399
201606 12.527 108.851 17.985
201609 12.600 109.986 17.903
201612 21.095 110.802 29.752
201703 21.410 111.869 29.908
201706 12.445 112.115 17.347
201709 0.000 112.777 0.000
201712 12.895 114.068 17.666
201803 13.326 114.868 18.129
201806 14.049 117.038 18.759
201809 16.731 117.881 22.180
201812 16.409 118.340 21.669
201903 16.512 120.124 21.481
201906 16.366 120.977 21.141
201909 17.450 121.292 22.483
201912 17.478 123.436 22.128
202003 18.595 124.092 23.417
202006 18.900 123.557 23.904
202009 20.298 125.095 25.357
202012 19.399 129.012 23.498
202103 21.867 131.660 25.955
202106 22.004 133.871 25.686
202109 23.439 137.913 26.559
202112 24.714 141.992 27.200
202203 24.895 146.537 26.549
202206 22.420 149.784 23.391
202209 23.016 147.800 24.335
202212 0.000 150.207 0.000
202306 22.237 154.519 22.489
202312 19.837 156.273 19.837

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


Brasilagro - Cia Bras de Prop Agricolas  (BSP:AGRO3) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3) Business Description

Traded in Other Exchanges
Address
Avenida Brigadeiro Faria Lima, 1309, 5th Floor, Sao Paulo, SP, BRA, 1452-002
Brasilagro - Cia Bras de Prop Agricolas is a Brazil-based company, engaged in the acquisition, development, operation, and sale of rural properties suitable for agricultural activities. The business activity of the firm is operated through Real estate, Grains, Sugarcane, Cattle rising, Cotton, and Other segments. The Grains segment is involved in the production and sale of soybean and corn. The Sugarcane segment includes the sale of raw product. The Real Estate segment presents the P&L from operations carried out in the company's subsidiaries. The Cattle Raising segment consists of producing and selling beef calves after weaning, which characterizes the activity as breeding and the Other segment engages in other corporate activities. The majority of revenue is earned from Grain Segment.

Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3) Headlines

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