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Companhia Habitasul de Participacoes (BSP:HBTS5) Cyclically Adjusted PB Ratio : 0.78 (As of Apr. 28, 2024)


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What is Companhia Habitasul de Participacoes Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Companhia Habitasul de Participacoes's current share price is R$45.89. Companhia Habitasul de Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$59.01. Companhia Habitasul de Participacoes's Cyclically Adjusted PB Ratio for today is 0.78.

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

BSP:HBTS5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.49   Max: 1.17
Current: 0.78

During the past years, Companhia Habitasul de Participacoes's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.14. And the median was 0.49.

BSP:HBTS5's Cyclically Adjusted PB Ratio is ranked worse than
52.76% of 1285 companies
in the Real Estate industry
Industry Median: 0.66 vs BSP:HBTS5: 0.78

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.

Companhia Habitasul de Participacoes's adjusted book value per share data for the three months ended in Dec. 2023 was R$74.852. 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$59.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia Habitasul de Participacoes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Companhia Habitasul de 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.

Companhia Habitasul de Participacoes Cyclically Adjusted PB Ratio Chart

Companhia Habitasul de 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 0.20 0.41 0.81 0.48 0.85

Companhia Habitasul de 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 0.48 0.47 0.65 0.95 0.85

Competitive Comparison of Companhia Habitasul de Participacoes's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Companhia Habitasul de 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.


Companhia Habitasul de Participacoes's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Companhia Habitasul de Participacoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Companhia Habitasul de 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.

Companhia Habitasul de Participacoes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.89/59.01
=0.78

* 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.

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

For example, Companhia Habitasul de 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)
=74.852/156.2729*156.2729
=74.852

Current CPI (Dec. 2023) = 156.2729.

Companhia Habitasul de Participacoes Quarterly Data

Book Value per Share CPI Adj_Book
201403 54.832 90.447 94.738
201406 55.137 91.838 93.822
201409 54.025 92.602 91.172
201412 52.858 94.194 87.695
201503 50.093 97.799 80.043
201506 50.777 100.006 79.346
201509 46.987 101.392 72.420
201512 47.887 104.247 71.786
201603 49.421 106.979 72.193
201606 51.044 108.851 73.282
201609 49.978 109.986 71.011
201612 50.714 110.802 71.526
201703 50.110 111.869 70.000
201706 48.842 112.115 68.079
201709 48.515 112.777 67.226
201712 38.354 114.068 52.545
201803 36.537 114.868 49.707
201806 32.466 117.038 43.350
201809 27.642 117.881 36.644
201812 30.667 118.340 40.497
201903 28.888 120.124 37.581
201906 27.519 120.977 35.548
201909 24.975 121.292 32.178
201912 25.500 123.436 32.284
202003 26.108 124.092 32.879
202006 25.559 123.557 32.327
202009 32.254 125.095 40.293
202012 32.189 129.012 38.991
202103 34.197 131.660 40.590
202106 41.809 133.871 48.805
202109 57.251 137.913 64.873
202112 49.788 141.992 54.795
202203 52.204 146.537 55.672
202206 53.326 149.784 55.636
202209 54.723 147.800 57.860
202212 52.821 150.207 54.954
202303 55.166 153.352 56.217
202306 62.761 154.519 63.473
202309 63.133 155.464 63.462
202312 74.852 156.273 74.852

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.


Companhia Habitasul de Participacoes  (BSP:HBTS5) 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.


Companhia Habitasul de Participacoes Cyclically Adjusted PB Ratio Related Terms

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


Companhia Habitasul de Participacoes (BSP:HBTS5) Business Description

Traded in Other Exchanges
N/A
Address
Rua General João Manoel, 157, Porto Alegre, RS, BRA, 90010-030
Companhia Habitasul de Participacoes, through its subsidiaries, engages in the purchase, sale, rental and management of real estate properties, as well as supervision of works, studies and projects related to real estate.

Companhia Habitasul de Participacoes (BSP:HBTS5) Headlines

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