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Raia Drogasil (BSP:RADL3) Cyclically Adjusted PB Ratio : 9.35 (As of Apr. 27, 2024)


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What is Raia Drogasil Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Raia Drogasil's current share price is R$25.62. Raia Drogasil's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$2.74. Raia Drogasil's Cyclically Adjusted PB Ratio for today is 9.35.

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

BSP:RADL3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.42   Med: 9.62   Max: 12.93
Current: 9.3

During the past years, Raia Drogasil's highest Cyclically Adjusted PB Ratio was 12.93. The lowest was 6.42. And the median was 9.62.

BSP:RADL3's Cyclically Adjusted PB Ratio is ranked worse than
93.07% of 303 companies
in the Healthcare Providers & Services industry
Industry Median: 1.94 vs BSP:RADL3: 9.30

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.

Raia Drogasil's adjusted book value per share data for the three months ended in Dec. 2023 was R$3.474. 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$2.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raia Drogasil Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Raia Drogasil'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.

Raia Drogasil Cyclically Adjusted PB Ratio Chart

Raia Drogasil 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 11.53 11.43 9.71 8.94 10.71

Raia Drogasil 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 8.94 8.96 11.11 10.22 10.71

Competitive Comparison of Raia Drogasil's Cyclically Adjusted PB Ratio

For the Pharmaceutical Retailers subindustry, Raia Drogasil'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.


Raia Drogasil's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Raia Drogasil's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Raia Drogasil 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.

Raia Drogasil's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.62/2.74
=9.35

* 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.

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

For example, Raia Drogasil'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)
=3.474/156.2729*156.2729
=3.474

Current CPI (Dec. 2023) = 156.2729.

Raia Drogasil Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.367 90.447 2.362
201406 1.378 91.838 2.345
201409 1.405 92.602 2.371
201412 1.435 94.194 2.381
201503 1.457 97.799 2.328
201506 1.477 100.006 2.308
201509 1.504 101.392 2.318
201512 1.538 104.247 2.306
201603 1.537 106.979 2.245
201606 1.602 108.851 2.300
201609 1.642 109.986 2.333
201612 1.698 110.802 2.395
201703 1.694 111.869 2.366
201706 1.747 112.115 2.435
201709 1.799 112.777 2.493
201712 1.880 114.068 2.576
201803 1.866 114.868 2.539
201806 1.918 117.038 2.561
201809 1.965 117.881 2.605
201812 2.044 118.340 2.699
201903 2.062 120.124 2.683
201906 2.072 120.977 2.677
201909 2.312 121.292 2.979
201912 2.348 123.436 2.973
202003 2.393 124.092 3.014
202006 2.369 123.557 2.996
202009 2.433 125.095 3.039
202012 2.543 129.012 3.080
202103 2.577 131.660 3.059
202106 2.719 133.871 3.174
202109 2.774 137.913 3.143
202112 2.731 141.992 3.006
202203 2.773 146.537 2.957
202206 2.926 149.784 3.053
202209 2.949 147.800 3.118
202212 3.117 150.207 3.243
202303 3.184 153.352 3.245
202306 3.227 154.519 3.264
202309 3.338 155.464 3.355
202312 3.474 156.273 3.474

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.


Raia Drogasil  (BSP:RADL3) 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.


Raia Drogasil Cyclically Adjusted PB Ratio Related Terms

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


Raia Drogasil (BSP:RADL3) Business Description

Traded in Other Exchanges
Address
Avenue Corifeu de Azevedo Marques, 3097 Butanta, Sao Paulo, SP, BRA, 05339-9000
Raia Drogasil SA is a large retail drug store operator in Brazil. The company's stores sell branded and generic medication, over-the-counter medicine, health and beauty aids, perfumery, cosmetics, household items, and personal care products. The company also acts as a pharmacy benefit manager, performing medical purchases with prenegotiated discounts. The majority of Raia Drogasil's revenue is generated through branded drug sales, while the bulk of the remaining revenue stems from perfumery, over-the-counter drugs, and generic drugs. The company owns a variety of stakes in operational subsidiaries.

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