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CresudCIF y A (CresudCIF y A) Cyclically Adjusted PB Ratio : 8.71 (As of Apr. 27, 2024)


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What is CresudCIF y A Cyclically Adjusted PB Ratio?

As of today (2024-04-27), CresudCIF y A's current share price is $9.23. CresudCIF y A's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.06. CresudCIF y A's Cyclically Adjusted PB Ratio for today is 8.71.

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

CRESY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 3.77   Max: 12.98
Current: 9.8

During the past years, CresudCIF y A's highest Cyclically Adjusted PB Ratio was 12.98. The lowest was 1.49. And the median was 3.77.

CRESY's Cyclically Adjusted PB Ratio is ranked worse than
97.12% of 416 companies
in the Conglomerates industry
Industry Median: 0.92 vs CRESY: 9.80

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.

CresudCIF y A's adjusted book value per share data for the three months ended in Dec. 2023 was $22.369. 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 $1.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CresudCIF y A Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CresudCIF y A'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.

CresudCIF y A Cyclically Adjusted PB Ratio Chart

CresudCIF y A Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.89 1.69 3.84 3.11 5.92

CresudCIF y A 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 4.55 4.36 5.92 6.74 8.98

Competitive Comparison of CresudCIF y A's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, CresudCIF y A'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.


CresudCIF y A's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CresudCIF y A's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CresudCIF y A 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.

CresudCIF y A's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.23/1.06
=8.71

* 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.

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

For example, CresudCIF y A'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)
=22.369/129.4194*129.4194
=22.369

Current CPI (Dec. 2023) = 129.4194.

CresudCIF y A Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.310 99.695 6.893
201406 16.081 100.560 20.696
201409 3.851 100.428 4.963
201412 3.305 99.070 4.317
201503 2.511 99.621 3.262
201506 15.817 100.684 20.331
201509 2.889 100.392 3.724
201512 2.060 99.792 2.672
201603 0.000 100.470 0.000
201606 17.629 101.688 22.437
201609 0.843 101.861 1.071
201612 2.593 101.863 3.294
201703 3.336 102.862 4.197
201706 17.948 103.349 22.475
201709 17.171 104.136 21.340
201712 18.411 104.011 22.909
201803 17.336 105.290 21.309
201806 26.941 106.317 32.795
201809 13.410 106.507 16.295
201812 13.274 105.998 16.207
201903 13.280 107.251 16.025
201906 10.124 108.070 12.124
201909 5.572 108.329 6.657
201912 4.831 108.420 5.767
202003 2.835 108.902 3.369
202006 10.662 108.767 12.686
202009 8.189 109.815 9.651
202012 7.124 109.897 8.390
202103 6.536 111.754 7.569
202106 9.198 114.631 10.385
202109 5.968 115.734 6.674
202112 8.986 117.630 9.887
202203 0.000 121.301 0.000
202206 24.209 125.017 25.062
202209 12.192 125.227 12.600
202212 12.381 125.222 12.796
202303 13.504 127.348 13.724
202306 14.762 128.729 14.841
202309 15.368 129.860 15.316
202312 22.369 129.419 22.369

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.


CresudCIF y A  (NAS:CRESY) 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.


CresudCIF y A Cyclically Adjusted PB Ratio Related Terms

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


CresudCIF y A (CresudCIF y A) Business Description

Traded in Other Exchanges
Address
Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA
Cresud SACIF y A is engaged in agricultural business and urban properties and investment business. Under its agricultural business the company produces oilseed grains and cereals, sugar cane and meat. The Agricultural business of the company is further comprised of four reportable segments which are Agricultural production, Land transformation and Sales, Corporate and Other segments. The company participates in the real estate business in Argentina through its subsidiary IRSA. The real estate business is further comprised of five reportable segments, namely Shopping Malls, Offices, Sales and Developments, Hotels and others.

CresudCIF y A (CresudCIF y A) Headlines

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