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Votorantim Securities Master Fundo Investimento Imobiliario FII (BSP:VOTS11) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Votorantim Securities Master Fundo Investimento Imobiliario FII Cyclically Adjusted PB Ratio?

Votorantim Securities Master Fundo Investimento Imobiliario FII does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Votorantim Securities Master Fundo Investimento Imobiliario FII Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Votorantim Securities Master Fundo Investimento Imobiliario FII'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.

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Votorantim Securities Master Fundo Investimento Imobiliario FII Cyclically Adjusted PB Ratio Chart

Votorantim Securities Master Fundo Investimento Imobiliario FII Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Votorantim Securities Master Fundo Investimento Imobiliario FII Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Competitive Comparison of Votorantim Securities Master Fundo Investimento Imobiliario FII's Cyclically Adjusted PB Ratio

For the REIT - Specialty subindustry, Votorantim Securities Master Fundo Investimento Imobiliario FII'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.


Votorantim Securities Master Fundo Investimento Imobiliario FII's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Votorantim Securities Master Fundo Investimento Imobiliario FII's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Votorantim Securities Master Fundo Investimento Imobiliario FII's Cyclically Adjusted PB Ratio falls into.



Votorantim Securities Master Fundo Investimento Imobiliario FII 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.

Votorantim Securities Master Fundo Investimento Imobiliario FII does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.


Votorantim Securities Master Fundo Investimento Imobiliario FII  (BSP:VOTS11) 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.


Votorantim Securities Master Fundo Investimento Imobiliario FII Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Votorantim Securities Master Fundo Investimento Imobiliario FII's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Votorantim Securities Master Fundo Investimento Imobiliario FII (BSP:VOTS11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenida Nacoes Unidas, 14.171, Tower A, 11th Floor, Sao Paulo, SP, BRA, 04794-000
Website
Votorantim Securities Master Fundo Investimento Imobiliario FII is a real estate fund. The objective of the fund is to provide the shareholders with capital gain and/or profitability through investments in financial assets of real estate origin, such as certificates of receivables real estate, mortgage letters of credit, shares of other investment funds and others.

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