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IRSA Inversiones y Representaciones (IRSA Inversiones y Representaciones) Cyclically Adjusted PB Ratio : 5.94 (As of Apr. 28, 2024)


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What is IRSA Inversiones y Representaciones Cyclically Adjusted PB Ratio?

As of today (2024-04-28), IRSA Inversiones y Representaciones's current share price is $9.45. IRSA Inversiones y Representaciones's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.59. IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio for today is 5.94.

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

IRS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 3.15   Max: 7.14
Current: 6.44

During the past years, IRSA Inversiones y Representaciones's highest Cyclically Adjusted PB Ratio was 7.14. The lowest was 1.15. And the median was 3.15.

IRS's Cyclically Adjusted PB Ratio is ranked worse than
97.59% of 1285 companies
in the Real Estate industry
Industry Median: 0.66 vs IRS: 6.44

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.

IRSA Inversiones y Representaciones's adjusted book value per share data for the three months ended in Dec. 2023 was $30.234. 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 $1.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


IRSA Inversiones y Representaciones Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IRSA Inversiones y Representaciones'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.

IRSA Inversiones y Representaciones Cyclically Adjusted PB Ratio Chart

IRSA Inversiones y Representaciones 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 1.91 1.11 1.56 1.35 4.00

IRSA Inversiones y Representaciones 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 2.08 2.60 4.00 4.71 5.40

Competitive Comparison of IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, IRSA Inversiones y Representaciones'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.


IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio falls into.



IRSA Inversiones y Representaciones 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.

IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.45/1.59
=5.94

* 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.

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

For example, IRSA Inversiones y Representaciones'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)
=30.234/129.4194*129.4194
=30.234

Current CPI (Dec. 2023) = 129.4194.

IRSA Inversiones y Representaciones Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.850 99.695 7.594
201406 23.436 100.560 30.162
201409 4.566 100.428 5.884
201412 4.098 99.070 5.353
201503 3.540 99.621 4.599
201506 24.681 100.684 31.725
201509 4.418 100.392 5.695
201512 2.739 99.792 3.552
201603 1.629 100.470 2.098
201606 28.830 101.688 36.692
201609 0.581 101.861 0.738
201612 3.529 101.863 4.484
201703 4.378 102.862 5.508
201706 29.226 103.349 36.598
201709 27.758 104.136 34.498
201712 29.843 104.011 37.133
201803 28.343 105.290 34.839
201806 45.820 106.317 55.777
201809 25.678 106.507 31.202
201812 20.914 105.998 25.535
201903 21.593 107.251 26.056
201906 19.117 108.070 22.894
201909 12.551 108.329 14.994
201912 10.747 108.420 12.829
202003 8.653 108.902 10.283
202006 23.446 108.767 27.898
202009 17.814 109.815 20.994
202012 16.116 109.897 18.979
202103 0.000 111.754 0.000
202106 17.593 114.631 19.863
202109 11.229 115.734 12.557
202112 19.002 117.630 20.907
202203 18.045 121.301 19.253
202206 37.998 125.017 39.336
202209 18.644 125.227 19.268
202212 18.661 125.222 19.287
202303 20.118 127.348 20.445
202306 20.614 128.729 20.725
202309 19.885 129.860 19.818
202312 30.234 129.419 30.234

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.


IRSA Inversiones y Representaciones  (NYSE:IRS) 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.


IRSA Inversiones y Representaciones Cyclically Adjusted PB Ratio Related Terms

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


IRSA Inversiones y Representaciones (IRSA Inversiones y Representaciones) Business Description

Traded in Other Exchanges
Address
Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA
IRSA Inversiones y Representaciones SA is engaged in a diversified business. The company's operating segment includes Shopping Malls; Offices; Sales and Developments; Hotels and others. It generates maximum revenue from the Shopping Malls segment. The Shopping Malls segment comprised lease and service revenues related to rental of commercial space and other spaces in the shopping malls of the company.

IRSA Inversiones y Representaciones (IRSA Inversiones y Representaciones) Headlines

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