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CIAneamento Do Parana-SANEPAR (BSP:SAPR4) Cyclically Adjusted PB Ratio : 0.98 (As of Apr. 28, 2024)


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What is CIAneamento Do Parana-SANEPAR Cyclically Adjusted PB Ratio?

As of today (2024-04-28), CIAneamento Do Parana-SANEPAR's current share price is R$5.25. CIAneamento Do Parana-SANEPAR's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$5.33. CIAneamento Do Parana-SANEPAR's Cyclically Adjusted PB Ratio for today is 0.98.

The historical rank and industry rank for CIAneamento Do Parana-SANEPAR's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:SAPR4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.09   Max: 2.59
Current: 0.98

During the past years, CIAneamento Do Parana-SANEPAR's highest Cyclically Adjusted PB Ratio was 2.59. The lowest was 0.69. And the median was 1.09.

BSP:SAPR4's Cyclically Adjusted PB Ratio is ranked better than
66.82% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs BSP:SAPR4: 0.98

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.

CIAneamento Do Parana-SANEPAR's adjusted book value per share data for the three months ended in Dec. 2023 was R$6.448. 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$5.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CIAneamento Do Parana-SANEPAR Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CIAneamento Do Parana-SANEPAR'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.

CIAneamento Do Parana-SANEPAR Cyclically Adjusted PB Ratio Chart

CIAneamento Do Parana-SANEPAR 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 1.71 1.63 0.90 0.74 1.11

CIAneamento Do Parana-SANEPAR 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 0.74 0.73 0.86 0.88 1.11

Competitive Comparison of CIAneamento Do Parana-SANEPAR's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Water subindustry, CIAneamento Do Parana-SANEPAR'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.


CIAneamento Do Parana-SANEPAR's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIAneamento Do Parana-SANEPAR's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CIAneamento Do Parana-SANEPAR's Cyclically Adjusted PB Ratio falls into.



CIAneamento Do Parana-SANEPAR 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.

CIAneamento Do Parana-SANEPAR's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.25/5.33
=0.98

* 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.

CIAneamento Do Parana-SANEPAR's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, CIAneamento Do Parana-SANEPAR'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)
=6.448/156.2729*156.2729
=6.448

Current CPI (Dec. 2023) = 156.2729.

CIAneamento Do Parana-SANEPAR Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.578 90.447 4.454
201406 2.528 91.838 4.302
201409 2.582 92.602 4.357
201412 2.658 94.194 4.410
201503 2.719 97.799 4.345
201506 2.660 100.006 4.157
201509 2.807 101.392 4.326
201512 2.924 104.247 4.383
201603 3.020 106.979 4.412
201606 2.993 108.851 4.297
201609 3.074 109.986 4.368
201612 3.182 110.802 4.488
201703 3.288 111.869 4.593
201706 3.214 112.115 4.480
201709 3.330 112.777 4.614
201712 3.410 114.068 4.672
201803 3.533 114.868 4.806
201806 3.488 117.038 4.657
201809 3.575 117.881 4.739
201812 3.783 118.340 4.996
201903 3.927 120.124 5.109
201906 3.826 120.977 4.942
201909 3.987 121.292 5.137
201912 4.085 123.436 5.172
202003 4.255 124.092 5.358
202006 4.294 123.557 5.431
202009 4.403 125.095 5.500
202012 4.594 129.012 5.565
202103 4.758 131.660 5.647
202106 4.837 133.871 5.646
202109 5.014 137.913 5.682
202112 5.179 141.992 5.700
202203 5.372 146.537 5.729
202206 5.382 149.784 5.615
202209 5.564 147.800 5.883
202212 5.814 150.207 6.049
202303 6.026 153.352 6.141
202306 6.022 154.519 6.090
202309 6.285 155.464 6.318
202312 6.448 156.273 6.448

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.


CIAneamento Do Parana-SANEPAR  (BSP:SAPR4) 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.


CIAneamento Do Parana-SANEPAR Cyclically Adjusted PB Ratio Related Terms

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


CIAneamento Do Parana-SANEPAR (BSP:SAPR4) Business Description

Traded in Other Exchanges
Address
Rua Engenheiros Reboucas 1376, Curitiba, PR, BRA, 80215-900
CIA Saneamento Do Parana-SANEPAR provides treated water supply sewage collection & treatment, and Solid waste management services. The company provides sanitation services to cities, smaller areas, and municipalities. The firm operates in two business segments: Water treatment & distribution and Sewage collection & treatment. It has a network for the withdrawal & distribution of drinking water, sewage collection, and the discharge of treated sewage. The firm operates landfills in Apucarana, Cornello, Procopio, and Cianorte for solid waste management. The majority of revenue get derived from the Water distribution and treatment segment.

CIAneamento Do Parana-SANEPAR (BSP:SAPR4) Headlines

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