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Cielo (CIOXY) Cyclically Adjusted PB Ratio : 1.23 (As of Apr. 28, 2024)


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What is Cielo Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Cielo's current share price is $1.01. Cielo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.82. Cielo's Cyclically Adjusted PB Ratio for today is 1.23.

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

CIOXY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.33   Max: 5.67
Current: 1.3

During the past years, Cielo's highest Cyclically Adjusted PB Ratio was 5.67. The lowest was 0.60. And the median was 1.33.

CIOXY's Cyclically Adjusted PB Ratio is ranked better than
72.36% of 1288 companies
in the Software industry
Industry Median: 2.495 vs CIOXY: 1.30

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.

Cielo's adjusted book value per share data for the three months ended in Mar. 2024 was $0.902. 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 $0.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cielo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cielo'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.

Cielo Cyclically Adjusted PB Ratio Chart

Cielo 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 3.29 1.43 0.68 1.37 1.11

Cielo 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 1.24 1.13 0.85 1.11 1.26

Competitive Comparison of Cielo's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Cielo'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.


Cielo's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Cielo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cielo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.01/0.82
=1.23

* 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.

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

For example, Cielo'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)
=0.902/156.2729*156.2729
=0.902

Current CPI (Mar. 2024) = 156.2729.

Cielo Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.576 91.838 0.980
201409 0.624 92.602 1.053
201412 0.603 94.194 1.000
201503 0.575 97.799 0.919
201506 0.629 100.006 0.983
201509 0.580 101.392 0.894
201512 0.620 104.247 0.929
201603 0.741 106.979 1.082
201606 0.851 108.851 1.222
201609 0.989 109.986 1.405
201612 1.016 110.802 1.433
201703 1.190 111.869 1.662
201706 1.194 112.115 1.664
201709 1.271 112.777 1.761
201712 1.308 114.068 1.792
201803 1.292 114.868 1.758
201806 1.167 117.038 1.558
201809 1.019 117.881 1.351
201812 0.888 118.340 1.173
201903 0.867 120.124 1.128
201906 0.873 120.977 1.128
201909 0.832 121.292 1.072
201912 0.847 123.436 1.072
202003 0.699 124.092 0.880
202006 0.651 123.557 0.823
202009 0.626 125.095 0.782
202012 0.681 129.012 0.825
202103 0.624 131.660 0.741
202106 0.722 133.871 0.843
202109 0.689 137.913 0.781
202112 0.661 141.992 0.727
202203 0.756 146.537 0.806
202206 0.776 149.784 0.810
202209 0.768 147.800 0.812
202212 0.773 150.207 0.804
202303 0.797 153.352 0.812
202306 0.893 154.519 0.903
202309 0.897 155.464 0.902
202312 0.927 156.273 0.927
202403 0.902 156.273 0.902

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.


Cielo  (OTCPK:CIOXY) 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.


Cielo Cyclically Adjusted PB Ratio Related Terms

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


Cielo (CIOXY) Business Description

Industry
Traded in Other Exchanges
Address
Alameda Xingu, 512 - 21st to 31st Floor, Alphaville, Barueri, SP, BRA, 06455-030
Cielo SA is a Brazil-based provider of payment software and related services to large credit and debit card issuers such as Visa, Mastercard, American Express, and private-label card issuers, including retailers, supermarkets, bookstores, gas stations, and insurance companies. Cielo's offerings capture, process, and manage credit and debit card transactions; accredit merchants; and manage payment accounts. The firm also rents, installs, and maintains point-of-sale terminals.