GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Alper Consultoria E Corretora De Seguros SA (BSP:APER3) » Definitions » Cyclically Adjusted PB Ratio

Alper Consultoria E Corretora De Seguros (BSP:APER3) Cyclically Adjusted PB Ratio : 0.82 (As of May. 16, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Alper Consultoria E Corretora De Seguros Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Alper Consultoria E Corretora De Seguros's current share price is R$45.14. Alper Consultoria E Corretora De Seguros's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$55.18. Alper Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio for today is 0.82.

The historical rank and industry rank for Alper Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:APER3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.45   Max: 0.83
Current: 0.82

During the past years, Alper Consultoria E Corretora De Seguros's highest Cyclically Adjusted PB Ratio was 0.83. The lowest was 0.31. And the median was 0.45.

BSP:APER3's Cyclically Adjusted PB Ratio is ranked better than
67.15% of 414 companies
in the Insurance industry
Industry Median: 1.185 vs BSP:APER3: 0.82

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.

Alper Consultoria E Corretora De Seguros's adjusted book value per share data for the three months ended in Dec. 2023 was R$23.979. 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$55.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alper Consultoria E Corretora De Seguros Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alper Consultoria E Corretora De Seguros'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.

Alper Consultoria E Corretora De Seguros Cyclically Adjusted PB Ratio Chart

Alper Consultoria E Corretora De Seguros Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.38 0.43 0.40 0.79

Alper Consultoria E Corretora De Seguros Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.40 0.39 0.46 0.53 0.79

Competitive Comparison of Alper Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio

For the Insurance Brokers subindustry, Alper Consultoria E Corretora De Seguros'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.


Alper Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Alper Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alper Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio falls into.



Alper Consultoria E Corretora De Seguros 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.

Alper Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.14/55.18
=0.82

* 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.

Alper Consultoria E Corretora De Seguros's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Alper Consultoria E Corretora De Seguros'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)
=23.979/156.2729*156.2729
=23.979

Current CPI (Dec. 2023) = 156.2729.

Alper Consultoria E Corretora De Seguros Quarterly Data

Book Value per Share CPI Adj_Book
201403 97.520 90.447 168.493
201406 93.713 91.838 159.464
201409 95.598 92.602 161.330
201412 89.916 94.194 149.176
201503 85.562 97.799 136.719
201506 85.603 100.006 133.766
201509 84.663 101.392 130.489
201512 71.106 104.247 106.592
201603 54.552 106.979 79.689
201606 53.718 108.851 77.121
201609 48.126 109.986 68.379
201612 41.784 110.802 58.931
201703 41.107 111.869 57.423
201706 40.320 112.115 56.201
201709 37.576 112.777 52.068
201712 31.514 114.068 43.174
201803 30.996 114.868 42.169
201806 28.696 117.038 38.316
201809 28.589 117.881 37.900
201812 11.365 118.340 15.008
201903 11.960 120.124 15.559
201906 11.997 120.977 15.497
201909 11.931 121.292 15.372
201912 14.869 123.436 18.824
202003 14.887 124.092 18.748
202006 14.781 123.557 18.695
202009 15.020 125.095 18.763
202012 14.907 129.012 18.057
202103 25.775 131.660 30.593
202106 19.280 133.871 22.506
202109 19.344 137.913 21.919
202112 19.518 141.992 21.481
202203 19.607 146.537 20.910
202206 28.558 149.784 29.795
202209 23.925 147.800 25.297
202212 24.150 150.207 25.125
202303 23.977 153.352 24.434
202306 24.279 154.519 24.555
202309 24.428 155.464 24.555
202312 23.979 156.273 23.979

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.


Alper Consultoria E Corretora De Seguros  (BSP:APER3) 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.


Alper Consultoria E Corretora De Seguros Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Alper Consultoria E Corretora De Seguros's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Alper Consultoria E Corretora De Seguros (BSP:APER3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Gilberto Sabino, 215-13th Floor, Sao Paulo, SP, BRA, 05425-020
Alper Consultoria E Corretora De Seguros SA, formerly BR Insurance Corretora de Seguros SA is a Brazil-based company which specializes in corporate risk management, benefits consulting and massification. It offers complete solutions in mass insurance management, focused on generating new revenues, acting directly in all stages of the business, from development to implementation and after-sales. The company also offers various products of personal insurance.

Alper Consultoria E Corretora De Seguros (BSP:APER3) Headlines

No Headlines