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Grupo Casas Bahia (BSP:BHIA3) Cyclically Adjusted PB Ratio : 0.14 (As of Apr. 28, 2024)


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What is Grupo Casas Bahia Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Grupo Casas Bahia's current share price is R$5.44. Grupo Casas Bahia's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$38.63. Grupo Casas Bahia's Cyclically Adjusted PB Ratio for today is 0.14.

The historical rank and industry rank for Grupo Casas Bahia's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:BHIA3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 3.68   Max: 14.05
Current: 0.14

During the past years, Grupo Casas Bahia's highest Cyclically Adjusted PB Ratio was 14.05. The lowest was 0.14. And the median was 3.68.

BSP:BHIA3's Cyclically Adjusted PB Ratio is ranked better than
92.61% of 717 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs BSP:BHIA3: 0.14

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.

Grupo Casas Bahia's adjusted book value per share data for the three months ended in Dec. 2023 was R$36.410. 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$38.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo Casas Bahia Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grupo Casas Bahia'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.

Grupo Casas Bahia Cyclically Adjusted PB Ratio Chart

Grupo Casas Bahia 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 7.65 10.47 3.04 1.34 0.29

Grupo Casas Bahia 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 1.34 1.05 1.21 0.42 0.29

Competitive Comparison of Grupo Casas Bahia's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Grupo Casas Bahia'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.


Grupo Casas Bahia's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grupo Casas Bahia's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grupo Casas Bahia's Cyclically Adjusted PB Ratio falls into.



Grupo Casas Bahia 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.

Grupo Casas Bahia's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.44/38.63
=0.14

* 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.

Grupo Casas Bahia's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Grupo Casas Bahia'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)
=36.41/156.2729*156.2729
=36.410

Current CPI (Dec. 2023) = 156.2729.

Grupo Casas Bahia Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.241 90.447 10.783
201406 6.524 91.838 11.101
201409 6.843 92.602 11.548
201412 7.121 94.194 11.814
201503 6.837 97.799 10.925
201506 7.453 100.006 11.646
201509 7.287 101.392 11.231
201512 6.385 104.247 9.572
201603 7.047 106.979 10.294
201606 6.334 108.851 9.093
201609 6.221 109.986 8.839
201612 3.992 110.802 5.630
201703 4.367 111.869 6.100
201706 4.303 112.115 5.998
201709 4.325 112.777 5.993
201712 3.414 114.068 4.677
201803 4.276 114.868 5.817
201806 4.329 117.038 5.780
201809 4.213 117.881 5.585
201812 33.790 118.340 44.621
201903 33.096 120.124 43.056
201906 31.261 120.977 40.381
201909 24.828 121.292 31.988
201912 9.730 123.436 12.318
202003 10.790 124.092 13.588
202006 69.165 123.557 87.479
202009 77.152 125.095 96.381
202012 81.889 129.012 99.192
202103 84.408 131.660 100.187
202106 86.366 133.871 100.819
202109 77.705 137.913 88.050
202112 77.234 141.992 85.002
202203 77.579 146.537 82.733
202206 77.892 149.784 81.267
202209 76.203 147.800 80.572
202212 73.135 150.207 76.089
202303 70.086 153.352 71.421
202306 63.576 154.519 64.298
202309 46.805 155.464 47.049
202312 36.410 156.273 36.410

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.


Grupo Casas Bahia  (BSP:BHIA3) 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.


Grupo Casas Bahia Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Grupo Casas Bahia's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Grupo Casas Bahia (BSP:BHIA3) Business Description

Traded in Other Exchanges
Address
Eldorado Business Tower Avenue, 8501 – 23rd floor, Pinheiros, Sao Caetano do Sul, SP, BRA, CEP 05425-070
Grupo Casas Bahia SA formerly Via SA is a Brazil-based retailer that is principally engaged in the sale of consumer electronics, home appliances, mobile phones, and furniture. The company also provides credit card services to clients. The company operates through two traditional retail brand chains in Brazil; Casas Bahia and Pontofrio. Over two-thirds of the company's stores are under the Casas Bahia name, and all of its stores are located in Brazil. In addition to physical stores, the company also sells products through its websites of CNova.

Grupo Casas Bahia (BSP:BHIA3) Headlines

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