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Construtora Adolpho Lindenberg (BSP:CALI3) Cyclically Adjusted PB Ratio : 1.74 (As of May. 14, 2024)


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What is Construtora Adolpho Lindenberg Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Construtora Adolpho Lindenberg's current share price is R$28.38. Construtora Adolpho Lindenberg's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$16.32. Construtora Adolpho Lindenberg's Cyclically Adjusted PB Ratio for today is 1.74.

The historical rank and industry rank for Construtora Adolpho Lindenberg's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:CALI3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.07   Max: 20.13
Current: 1.74

During the past years, Construtora Adolpho Lindenberg's highest Cyclically Adjusted PB Ratio was 20.13. The lowest was 0.37. And the median was 1.07.

BSP:CALI3's Cyclically Adjusted PB Ratio is ranked worse than
66.69% of 1186 companies
in the Construction industry
Industry Median: 1.115 vs BSP:CALI3: 1.74

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.

Construtora Adolpho Lindenberg's adjusted book value per share data for the three months ended in Dec. 2023 was R$8.339. 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$16.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Construtora Adolpho Lindenberg Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Construtora Adolpho Lindenberg'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.

Construtora Adolpho Lindenberg Cyclically Adjusted PB Ratio Chart

Construtora Adolpho Lindenberg 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 1.85 1.54 0.94 0.54 1.23

Construtora Adolpho Lindenberg 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 0.54 0.57 0.83 0.86 1.23

Competitive Comparison of Construtora Adolpho Lindenberg's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Construtora Adolpho Lindenberg'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.


Construtora Adolpho Lindenberg's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Construtora Adolpho Lindenberg's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Construtora Adolpho Lindenberg's Cyclically Adjusted PB Ratio falls into.



Construtora Adolpho Lindenberg 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.

Construtora Adolpho Lindenberg's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.38/16.32
=1.74

* 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.

Construtora Adolpho Lindenberg's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Construtora Adolpho Lindenberg'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)
=8.339/156.2729*156.2729
=8.339

Current CPI (Dec. 2023) = 156.2729.

Construtora Adolpho Lindenberg Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.245 90.447 14.246
201406 10.574 91.838 17.993
201409 12.755 92.602 21.525
201412 12.700 94.194 21.070
201503 14.620 97.799 23.361
201506 18.086 100.006 28.262
201509 21.757 101.392 33.533
201512 21.669 104.247 32.483
201603 20.456 106.979 29.882
201606 22.482 108.851 32.277
201609 20.661 109.986 29.356
201612 18.022 110.802 25.418
201703 19.969 111.869 27.895
201706 19.538 112.115 27.233
201709 18.578 112.777 25.743
201712 19.531 114.068 26.757
201803 18.398 114.868 25.030
201806 19.705 117.038 26.311
201809 16.449 117.881 21.806
201812 20.989 118.340 27.717
201903 14.713 120.124 19.141
201906 12.137 120.977 15.678
201909 7.352 121.292 9.472
201912 1.096 123.436 1.388
202003 2.259 124.092 2.845
202006 2.865 123.557 3.624
202009 0.632 125.095 0.790
202012 2.663 129.012 3.226
202103 2.890 131.660 3.430
202106 5.033 133.871 5.875
202109 5.785 137.913 6.555
202112 7.388 141.992 8.131
202203 7.388 146.537 7.879
202206 1.570 149.784 1.638
202209 5.297 147.800 5.601
202212 6.356 150.207 6.613
202303 7.460 153.352 7.602
202306 8.165 154.519 8.258
202309 8.633 155.464 8.678
202312 8.339 156.273 8.339

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.


Construtora Adolpho Lindenberg  (BSP:CALI3) 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.


Construtora Adolpho Lindenberg Cyclically Adjusted PB Ratio Related Terms

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Construtora Adolpho Lindenberg (BSP:CALI3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Joaquim Floriano 466, 2nd Floor, Itaim Bibi, Sao Paulo, SP, BRA, 4534002
Construtora Adolpho Lindenberg SA is engaged in execution & management of civil construction works & development of real estate properties. It also provides project construction services, as well as incorporates real estate projects such as apartment buildings, single-family housing, office buildings & others.

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