GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Eucatex SA Industria e Comercio (BSP:EUCA3) » Definitions » Cyclically Adjusted PB Ratio

Eucatex Industria e Comercio (BSP:EUCA3) Cyclically Adjusted PB Ratio : 0.79 (As of Apr. 28, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Eucatex Industria e Comercio Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Eucatex Industria e Comercio's current share price is R$16.00. Eucatex Industria e Comercio's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$20.19. Eucatex Industria e Comercio's Cyclically Adjusted PB Ratio for today is 0.79.

The historical rank and industry rank for Eucatex Industria e Comercio's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:EUCA3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.8   Max: 6.27
Current: 0.79

During the past years, Eucatex Industria e Comercio's highest Cyclically Adjusted PB Ratio was 6.27. The lowest was 0.46. And the median was 0.80.

BSP:EUCA3's Cyclically Adjusted PB Ratio is ranked better than
63.18% of 1146 companies
in the Construction industry
Industry Median: 1.105 vs BSP:EUCA3: 0.79

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.

Eucatex Industria e Comercio's adjusted book value per share data for the three months ended in Dec. 2023 was R$26.112. 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$20.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eucatex Industria e Comercio Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eucatex Industria e Comercio'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.

Eucatex Industria e Comercio Cyclically Adjusted PB Ratio Chart

Eucatex Industria e Comercio 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 4.80 1.54 0.67 0.62 0.80

Eucatex Industria e Comercio 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 0.62 0.49 0.81 0.69 0.80

Competitive Comparison of Eucatex Industria e Comercio's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Eucatex Industria e Comercio'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.


Eucatex Industria e Comercio's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Eucatex Industria e Comercio's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eucatex Industria e Comercio's Cyclically Adjusted PB Ratio falls into.



Eucatex Industria e Comercio 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.

Eucatex Industria e Comercio's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.00/20.19
=0.79

* 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.

Eucatex Industria e Comercio's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Eucatex Industria e Comercio'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)
=26.112/156.2729*156.2729
=26.112

Current CPI (Dec. 2023) = 156.2729.

Eucatex Industria e Comercio Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.496 90.447 21.590
201406 12.527 91.838 21.316
201409 12.615 92.602 21.289
201412 12.617 94.194 20.932
201503 12.645 97.799 20.205
201506 12.726 100.006 19.886
201509 12.736 101.392 19.630
201512 12.735 104.247 19.091
201603 12.776 106.979 18.663
201606 12.931 108.851 18.565
201609 12.983 109.986 18.447
201612 13.037 110.802 18.387
201703 13.107 111.869 18.310
201706 13.141 112.115 18.317
201709 13.467 112.777 18.661
201712 13.429 114.068 18.398
201803 13.449 114.868 18.297
201806 13.331 117.038 17.800
201809 13.380 117.881 17.738
201812 13.708 118.340 18.102
201903 13.830 120.124 17.992
201906 13.983 120.977 18.063
201909 14.208 121.292 18.306
201912 14.400 123.436 18.231
202003 14.944 124.092 18.820
202006 15.151 123.557 19.163
202009 15.642 125.095 19.540
202012 16.067 129.012 19.462
202103 16.779 131.660 19.916
202106 18.521 133.871 21.620
202109 19.341 137.913 21.916
202112 20.480 141.992 22.540
202203 21.291 146.537 22.706
202206 21.853 149.784 22.800
202209 22.370 147.800 23.652
202212 21.833 150.207 22.715
202303 22.639 153.352 23.070
202306 23.197 154.519 23.460
202309 23.924 155.464 24.049
202312 26.112 156.273 26.112

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.


Eucatex Industria e Comercio  (BSP:EUCA3) 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.


Eucatex Industria e Comercio Cyclically Adjusted PB Ratio Related Terms

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


Eucatex Industria e Comercio (BSP:EUCA3) Business Description

Traded in Other Exchanges
Address
Tower I and II, 11th Floor, Juscelino - Avenida, Presidente Juscelino, Kubitsche, São Paulo, SP, BRA, 4543900
Eucatex SA Industria e Comercio manufactures laminated flooring, wall partitions, doors, panels, fiberboard, and paints and varnishes. The company provides laminate and vinyl flooring products, baseboards, paints and varnishes, wall partitions, doors, MDF and MDP panels, hardboards, high-density fiberboards, and T-HDF products.

Eucatex Industria e Comercio (BSP:EUCA3) Headlines

No Headlines