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Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3) Cyclically Adjusted Book per Share : R$22.23 (As of Mar. 2024)


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What is Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Brasilagro - Cia Bras de Prop Agricolas's adjusted book value per share for the three months ended in Mar. 2024 was R$19.650. 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$22.23 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Brasilagro - Cia Bras de Prop Agricolas was 10.70% per year. The lowest was 6.00% per year. And the median was 9.80% per year.

As of today (2024-06-01), Brasilagro - Cia Bras de Prop Agricolas's current stock price is R$25.39. Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$22.23. Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brasilagro - Cia Bras de Prop Agricolas was 2.03. The lowest was 0.20. And the median was 1.21.


Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted Book per Share Historical Data

The historical data trend for Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted Book per Share 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.

Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted Book per Share Chart

Brasilagro - Cia Bras de Prop Agricolas Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.40 15.84 17.62 20.36 21.46

Brasilagro - Cia Bras de Prop Agricolas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 - - 21.46 21.88 22.23

Competitive Comparison of Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Brasilagro - Cia Bras de Prop Agricolas'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.


Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio falls into.



Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Brasilagro - Cia Bras de Prop Agricolas'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)
=19.65/159.3724*159.3724
=19.650

Current CPI (Mar. 2024) = 159.3724.

Brasilagro - Cia Bras de Prop Agricolas Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 90.447 0.000
201406 9.995 91.838 17.345
201409 10.149 92.602 17.467
201412 10.303 94.194 17.432
201503 10.890 97.799 17.746
201506 12.987 100.006 20.696
201509 14.053 101.392 22.089
201512 13.307 104.247 20.344
201603 12.595 106.979 18.763
201606 12.527 108.851 18.341
201609 12.600 109.986 18.258
201612 21.095 110.802 30.342
201703 21.410 111.869 30.501
201706 12.445 112.115 17.691
201709 0.000 112.777 0.000
201712 12.895 114.068 18.017
201803 13.326 114.868 18.489
201806 14.049 117.038 19.131
201809 16.731 117.881 22.620
201812 16.409 118.340 22.098
201903 16.512 120.124 21.907
201906 16.366 120.977 21.560
201909 17.450 121.292 22.929
201912 17.478 123.436 22.566
202003 18.595 124.092 23.882
202006 18.900 123.557 24.379
202009 20.298 125.095 25.860
202012 19.399 129.012 23.964
202103 21.867 131.660 26.470
202106 22.004 133.871 26.196
202109 23.439 137.913 27.086
202112 24.714 141.992 27.739
202203 24.895 146.537 27.076
202206 22.420 149.784 23.855
202209 23.016 147.800 24.818
202212 0.000 150.207 0.000
202303 0.000 153.352 0.000
202306 22.237 154.519 22.935
202312 19.837 157.148 20.118
202403 19.650 159.372 19.650

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Brasilagro - Cia Bras de Prop Agricolas  (BSP:AGRO3) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.39/22.23
=1.14

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brasilagro - Cia Bras de Prop Agricolas was 2.03. The lowest was 0.20. And the median was 1.21.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3) Business Description

Traded in Other Exchanges
Address
Avenida Brigadeiro Faria Lima, 1309, 5th Floor, Sao Paulo, SP, BRA, 1452-002
Brasilagro - Cia Bras de Prop Agricolas is a Brazil-based company, engaged in the acquisition, development, operation, and sale of rural properties suitable for agricultural activities. The business activity of the firm is operated through Real estate, Grains, Sugarcane, Cattle rising, Cotton, and Other segments. The Grains segment is involved in the production and sale of soybean and corn. The Sugarcane segment includes the sale of raw product. The Real Estate segment presents the P&L from operations carried out in the company's subsidiaries. The Cattle Raising segment consists of producing and selling beef calves after weaning, which characterizes the activity as breeding and the Other segment engages in other corporate activities. The majority of revenue is earned from Grain Segment.

Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3) Headlines

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