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Klabin (BSP:KLBN4) Cyclically Adjusted PB Ratio : 2.65 (As of Apr. 28, 2024)


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What is Klabin Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Klabin's current share price is R$4.64. Klabin's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$1.75. Klabin's Cyclically Adjusted PB Ratio for today is 2.65.

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

BSP:KLBN4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 2.86   Max: 5.19
Current: 2.63

During the past years, Klabin's highest Cyclically Adjusted PB Ratio was 5.19. The lowest was 1.68. And the median was 2.86.

BSP:KLBN4's Cyclically Adjusted PB Ratio is ranked worse than
88.32% of 214 companies
in the Forest Products industry
Industry Median: 0.87 vs BSP:KLBN4: 2.63

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.

Klabin's adjusted book value per share data for the three months ended in Mar. 2024 was R$2.048. 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$1.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Klabin Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Klabin'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.

Klabin Cyclically Adjusted PB Ratio Chart

Klabin 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 2.60 3.31 3.36 2.35 2.50

Klabin Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.09 2.49 2.71 2.50 2.88

Competitive Comparison of Klabin's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Klabin'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.


Klabin's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Klabin's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Klabin 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.

Klabin's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.64/1.75
=2.65

* 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.

Klabin's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Klabin's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.048/156.2729*156.2729
=2.048

Current CPI (Mar. 2024) = 156.2729.

Klabin Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.623 91.838 2.762
201409 1.592 92.602 2.687
201412 1.541 94.194 2.557
201503 1.361 97.799 2.175
201506 1.422 100.006 2.222
201509 1.090 101.392 1.680
201512 1.169 104.247 1.752
201603 1.371 106.979 2.003
201606 1.621 108.851 2.327
201609 1.601 109.986 2.275
201612 1.553 110.802 2.190
201703 1.677 111.869 2.343
201706 1.557 112.115 2.170
201709 1.637 112.777 2.268
201712 1.562 114.068 2.140
201803 1.368 114.868 1.861
201806 1.330 117.038 1.776
201809 1.144 117.881 1.517
201812 1.196 118.340 1.579
201903 1.155 120.124 1.503
201906 1.130 120.977 1.460
201909 1.133 121.292 1.460
201912 1.147 123.436 1.452
202003 0.547 124.092 0.689
202006 0.515 123.557 0.651
202009 0.479 125.095 0.598
202012 0.695 129.012 0.842
202103 0.559 131.660 0.663
202106 0.971 133.871 1.133
202109 0.983 137.913 1.114
202112 1.045 141.992 1.150
202203 1.569 146.537 1.673
202206 1.449 149.784 1.512
202209 1.636 147.800 1.730
202212 1.737 150.207 1.807
202303 1.939 153.352 1.976
202306 2.136 154.519 2.160
202309 2.023 155.464 2.034
202312 2.100 156.273 2.100
202403 2.048 156.273 2.048

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.


Klabin  (BSP:KLBN4) 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.


Klabin Cyclically Adjusted PB Ratio Related Terms

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


Klabin (BSP:KLBN4) Business Description

Traded in Other Exchanges
Address
Avenida Brigadeiro Faria Lima 3600, 3rd, 4th and 5th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Klabin SA manufactures and sells timber, pulp, and a variety of paper products. It owns and operates forests in Brazil and harvests timber. The timber is either sold to third parties or transported to the firm's mills, which produce pulp and paper products. The firm organizes itself into four segments based on product type: forestry, paper, conversion, and pulp. The forestry segment involves operations related to planting and growing pine and eucalyptus trees and selling timber to third parties; the other segments involve the production and sale of paper products. The paper and pulp segments contribute heavily to the company's overall revenue. Klabin has a global presence.

Klabin (BSP:KLBN4) Headlines

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