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Multiplan Empreendimentos Imobiliarios (BSP:MULT3) Cyclically Adjusted PB Ratio : 1.96 (As of May. 16, 2024)


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What is Multiplan Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Multiplan Empreendimentos Imobiliarios's current share price is R$24.05. Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$12.25. Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio for today is 1.96.

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

BSP:MULT3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.21   Max: 3.65
Current: 1.93

During the past years, Multiplan Empreendimentos Imobiliarios's highest Cyclically Adjusted PB Ratio was 3.65. The lowest was 1.48. And the median was 2.21.

BSP:MULT3's Cyclically Adjusted PB Ratio is ranked worse than
84.73% of 1316 companies
in the Real Estate industry
Industry Median: 0.69 vs BSP:MULT3: 1.93

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.

Multiplan Empreendimentos Imobiliarios's adjusted book value per share data for the three months ended in Mar. 2024 was R$12.193. 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$12.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Multiplan Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Multiplan Empreendimentos Imobiliarios'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.

Multiplan Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio Chart

Multiplan Empreendimentos Imobiliarios 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 3.44 2.32 1.66 1.84 2.32

Multiplan Empreendimentos Imobiliarios 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 2.03 2.27 2.01 2.32 2.09

Competitive Comparison of Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Multiplan Empreendimentos Imobiliarios'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.


Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Multiplan Empreendimentos Imobiliarios 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.

Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.05/12.25
=1.96

* 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.

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

For example, Multiplan Empreendimentos Imobiliarios'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)
=12.193/159.3724*159.3724
=12.193

Current CPI (Mar. 2024) = 159.3724.

Multiplan Empreendimentos Imobiliarios Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.465 91.838 12.955
201409 7.619 92.602 13.113
201412 7.698 94.194 13.025
201503 7.840 97.799 12.776
201506 7.824 100.006 12.469
201509 7.911 101.392 12.435
201512 7.921 104.247 12.110
201603 8.063 106.979 12.012
201606 8.084 108.851 11.836
201609 8.224 109.986 11.917
201612 8.388 110.802 12.065
201703 9.094 111.869 12.956
201706 9.094 112.115 12.927
201709 9.113 112.777 12.878
201712 9.223 114.068 12.886
201803 9.387 114.868 13.024
201806 9.422 117.038 12.830
201809 9.466 117.881 12.798
201812 9.549 118.340 12.860
201903 9.722 120.124 12.899
201906 9.184 120.977 12.099
201909 9.266 121.292 12.175
201912 9.368 123.436 12.095
202003 9.710 124.092 12.471
202006 9.841 123.557 12.694
202009 10.742 125.095 13.685
202012 10.498 129.012 12.968
202103 10.584 131.660 12.812
202106 10.755 133.871 12.804
202109 10.907 137.913 12.604
202112 10.757 141.992 12.074
202203 11.023 146.537 11.989
202206 11.046 149.784 11.753
202209 11.170 147.800 12.045
202212 11.246 150.207 11.932
202303 11.487 153.352 11.938
202306 11.659 154.519 12.025
202309 11.851 155.464 12.149
202312 11.913 157.148 12.082
202403 12.193 159.372 12.193

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.


Multiplan Empreendimentos Imobiliarios  (BSP:MULT3) 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.


Multiplan Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio Related Terms

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Multiplan Empreendimentos Imobiliarios (BSP:MULT3) Business Description

Traded in Other Exchanges
Address
Avenida das Americas, 4200, Bloco 2 - 5th andar, Sala 501, Barra da Tijuca, CEP, Rio de Janeiro, RJ, BRA, 22640-102
Multiplan Empreendimentos Imobiliarios SA is a general real estate company. The company reports four segments: Properties for lease, Real estate for sale, Projects, and Management and other. The vast majority of the company's revenue is derived from its properties for lease segment, which leases shopping malls. The properties for sale segment builds and sells properties in the surrounding areas of the shopping malls. The company generates its revenue in Brazil. The company utilizes merger and acquisition investment as part of its growth strategy.

Multiplan Empreendimentos Imobiliarios (BSP:MULT3) Headlines

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