GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dexxos Participacoes SA (BSP:DEXP3) » Definitions » Cyclically Adjusted PB Ratio

Dexxos Participacoes (BSP:DEXP3) Cyclically Adjusted PB Ratio : 3.72 (As of Apr. 29, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Dexxos Participacoes Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Dexxos Participacoes's current share price is R$11.24. Dexxos Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$3.02. Dexxos Participacoes's Cyclically Adjusted PB Ratio for today is 3.72.

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

BSP:DEXP3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 3.54   Max: 8.13
Current: 3.73

During the past years, Dexxos Participacoes's highest Cyclically Adjusted PB Ratio was 8.13. The lowest was 0.65. And the median was 3.54.

BSP:DEXP3's Cyclically Adjusted PB Ratio is ranked worse than
78.97% of 1051 companies
in the Chemicals industry
Industry Median: 1.57 vs BSP:DEXP3: 3.73

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.

Dexxos Participacoes's adjusted book value per share data for the three months ended in Dec. 2023 was R$7.772. 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$3.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dexxos Participacoes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dexxos Participacoes'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.

Dexxos Participacoes Cyclically Adjusted PB Ratio Chart

Dexxos Participacoes 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 1.24 3.67 4.89 2.84 3.85

Dexxos Participacoes 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 2.84 2.92 3.51 3.77 3.85

Competitive Comparison of Dexxos Participacoes's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Dexxos Participacoes'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.


Dexxos Participacoes's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dexxos Participacoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dexxos Participacoes 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.

Dexxos Participacoes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.24/3.02
=3.72

* 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.

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

For example, Dexxos Participacoes'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)
=7.772/156.2729*156.2729
=7.772

Current CPI (Dec. 2023) = 156.2729.

Dexxos Participacoes Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.792 86.749 1.427
201312 0.477 88.522 0.842
201406 0.000 91.838 0.000
201412 0.208 94.194 0.345
201503 0.000 97.799 0.000
201506 0.063 100.006 0.098
201509 0.000 101.392 0.000
201512 -0.255 104.247 -0.382
201603 -0.232 106.979 -0.339
201606 -0.225 108.851 -0.323
201609 -0.320 109.986 -0.455
201612 0.219 110.802 0.309
201703 0.765 111.869 1.069
201706 0.676 112.115 0.942
201709 0.740 112.777 1.025
201712 1.767 114.068 2.421
201803 1.732 114.868 2.356
201806 1.624 117.038 2.168
201809 1.673 117.881 2.218
201812 1.715 118.340 2.265
201903 1.918 120.124 2.495
201906 1.784 120.977 2.304
201909 1.905 121.292 2.454
201912 1.901 123.436 2.407
202003 2.025 124.092 2.550
202006 2.708 123.557 3.425
202009 2.941 125.095 3.674
202012 3.004 129.012 3.639
202103 3.436 131.660 4.078
202106 4.150 133.871 4.844
202109 4.879 137.913 5.529
202112 4.701 141.992 5.174
202203 5.329 146.537 5.683
202206 5.623 149.784 5.867
202209 5.933 147.800 6.273
202212 6.094 150.207 6.340
202303 6.581 153.352 6.706
202306 6.947 154.519 7.026
202309 7.373 155.464 7.411
202312 7.772 156.273 7.772

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.


Dexxos Participacoes  (BSP:DEXP3) 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.


Dexxos Participacoes Cyclically Adjusted PB Ratio Related Terms

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


Dexxos Participacoes (BSP:DEXP3) Business Description

Traded in Other Exchanges
Address
Do Passeio street 70 - 13 Floor, Rio de Janeiro, RJ, BRA, 20021290
Dexxos Participacoes SA formerly GPC Participacoes SA is a holding company. Through its holdings, it is engaged in the steel pipes, and chemical segments. Its activities include production of methanol and its derivative products, manufacturing steel tubes, among others.

Dexxos Participacoes (BSP:DEXP3) Headlines

No Headlines