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Suzano (BSP:SUZB3) Cyclically Adjusted PB Ratio : 3.77 (As of Apr. 28, 2024)


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What is Suzano Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Suzano's current share price is R$59.58. Suzano's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$15.81. Suzano's Cyclically Adjusted PB Ratio for today is 3.77.

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

BSP:SUZB3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.65   Med: 3.28   Max: 5.07
Current: 3.77

During the past years, Suzano's highest Cyclically Adjusted PB Ratio was 5.07. The lowest was 1.65. And the median was 3.28.

BSP:SUZB3's Cyclically Adjusted PB Ratio is ranked worse than
92.06% of 214 companies
in the Forest Products industry
Industry Median: 0.87 vs BSP:SUZB3: 3.77

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.

Suzano's adjusted book value per share data for the three months ended in Dec. 2023 was R$34.663. 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$15.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suzano Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Suzano'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.

Suzano Cyclically Adjusted PB Ratio Chart

Suzano 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 2.40 3.90 4.44 3.50 3.52

Suzano 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 3.50 2.90 2.98 3.55 3.52

Competitive Comparison of Suzano's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Suzano'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.


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

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

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



Suzano 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=59.58/15.81
=3.77

* 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.

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

For example, Suzano'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)
=34.663/156.2729*156.2729
=34.663

Current CPI (Dec. 2023) = 156.2729.

Suzano Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.035 90.447 17.338
201406 10.015 91.838 17.042
201409 9.679 92.602 16.334
201412 9.493 94.194 15.749
201503 8.779 97.799 14.028
201506 9.059 100.006 14.156
201509 8.174 101.392 12.598
201512 8.445 104.247 12.660
201603 9.461 106.979 13.820
201606 10.057 108.851 14.438
201609 10.096 109.986 14.345
201612 9.304 110.802 13.122
201703 9.708 111.869 13.561
201706 9.915 112.115 13.820
201709 10.628 112.777 14.727
201712 10.638 114.068 14.574
201803 11.389 114.868 15.494
201806 9.785 117.038 13.065
201809 9.721 117.881 12.887
201812 10.862 118.340 14.344
201903 14.995 120.124 19.508
201906 15.055 120.977 19.447
201909 12.540 121.292 16.157
201912 13.321 123.436 16.865
202003 3.371 124.092 4.245
202006 1.847 123.557 2.336
202009 0.989 125.095 1.235
202012 5.360 129.012 6.493
202103 3.304 131.660 3.922
202106 10.738 133.871 12.535
202109 10.019 137.913 11.353
202112 11.173 141.992 12.297
202203 18.737 146.537 19.982
202206 17.998 149.784 18.778
202209 21.348 147.800 22.572
202212 25.250 150.207 26.270
202303 29.213 153.352 29.769
202306 32.971 154.519 33.345
202309 32.390 155.464 32.559
202312 34.663 156.273 34.663

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.


Suzano  (BSP:SUZB3) 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.


Suzano Cyclically Adjusted PB Ratio Related Terms

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


Suzano (BSP:SUZB3) Business Description

Traded in Other Exchanges
Address
Avenida Professor Magalhaes Neto, No. 1,752, 10th Floor, Rooms 1010 and 1011, Salvador, BA, BRA, 41810-011
Suzano SA produces and sells pulp and a variety of paper products. The company organizes itself into two segments based on product type: Pulp and Paper. The Pulp segment generates the majority of revenue. The firm's product portfolio includes printing and writing paper, paperboard, diapers, and sanitary napkins. The company owns forest land and plants in Brazil, where it harvests timber and turns the timber into pulp and paper in its plants. More revenue comes from Europe than any other geographic area.

Suzano (BSP:SUZB3) Headlines

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