GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Companhia De Saneamento Basico Do Estado De Sao Paulo (BUE:SBS) » Definitions » Cyclically Adjusted Book per Share

Companhia Deneamento Basico Do Estado Deo Paulo (BUE:SBS) Cyclically Adjusted Book per Share : ARS16,075.60 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Companhia Deneamento Basico Do Estado Deo Paulo 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.

Companhia Deneamento Basico Do Estado Deo Paulo's adjusted book value per share for the three months ended in Mar. 2024 was ARS7,594.129. 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 ARS16,075.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Companhia Deneamento Basico Do Estado Deo Paulo's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.80% 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 Companhia Deneamento Basico Do Estado Deo Paulo was 9.80% per year. The lowest was 4.30% per year. And the median was 6.65% per year.

As of today (2024-05-26), Companhia Deneamento Basico Do Estado Deo Paulo's current stock price is ARS36635.50. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS16,075.60. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio of today is 2.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Companhia Deneamento Basico Do Estado Deo Paulo was 2.48. The lowest was 0.66. And the median was 1.36.


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Companhia Deneamento Basico Do Estado Deo Paulo'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.

Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted Book per Share Chart

Companhia Deneamento Basico Do Estado Deo Paulo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,562.37 2,326.40 4,558.17 14,435.00

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 5,679.65 7,674.25 12,126.60 14,435.00 16,075.60

Competitive Comparison of Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share

For the Utilities - Regulated Water subindustry, Companhia Deneamento Basico Do Estado Deo Paulo'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.


Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio falls into.



Companhia Deneamento Basico Do Estado Deo Paulo 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, Companhia Deneamento Basico Do Estado Deo Paulo'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)
=7594.129/159.3724*159.3724
=7,594.129

Current CPI (Mar. 2024) = 159.3724.

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data

Book Value per Share CPI Adj_Book
201406 72.662 91.838 126.095
201409 72.492 92.602 124.763
201412 63.002 94.194 106.597
201503 55.956 97.799 91.185
201506 59.546 100.006 94.894
201509 47.076 101.392 73.996
201512 66.929 104.247 102.321
201603 82.884 106.979 123.477
201606 90.402 108.851 132.361
201609 104.143 109.986 150.906
201612 106.623 110.802 153.362
201703 116.067 111.869 165.353
201706 119.776 112.115 170.263
201709 141.288 112.777 199.663
201712 148.484 114.068 207.458
201803 162.663 114.868 225.685
201806 176.314 117.038 240.090
201809 246.174 117.881 332.820
201812 277.732 118.340 374.030
201903 300.774 120.124 399.048
201906 349.121 120.977 459.923
201909 433.030 121.292 568.982
201912 460.974 123.436 595.178
202003 389.871 124.092 500.717
202006 410.704 123.557 529.754
202009 436.407 125.095 555.987
202012 527.506 129.012 651.642
202103 544.706 131.660 659.356
202106 662.504 133.871 788.709
202109 664.082 137.913 767.414
202112 651.423 141.992 731.158
202203 817.815 146.537 889.447
202206 916.359 149.784 975.022
202209 1,060.536 147.800 1,143.577
202212 1,278.132 150.207 1,356.123
202303 1,558.188 153.352 1,619.356
202306 2,079.670 154.519 2,144.993
202309 3,067.963 155.464 3,145.102
202312 3,218.367 157.148 3,263.920
202403 7,594.129 159.372 7,594.129

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


Companhia Deneamento Basico Do Estado Deo Paulo  (BUE:SBS) 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.

Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36635.50/16075.6
=2.28

* 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 Companhia Deneamento Basico Do Estado Deo Paulo was 2.48. The lowest was 0.66. And the median was 1.36.


Be Aware

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


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Companhia Deneamento Basico Do Estado Deo Paulo (BUE:SBS) Business Description

Traded in Other Exchanges
Address
Rua Costa Carvalho, 300, Sao Paulo, SP, BRA, 05429-900
Companhia De Saneamento Basico Do Estado De Sao Paulo is Brazilian water and waste management company. SABESP is one of the largest waste management companies in the world, and the state of Sao Paulo is the company's majority stakeholder. The company generates revenue through exclusive long-term agreements with municipal governments. It is not uncommon for SABESP to serve the vast majority of the market. The company operates in a single segment, which is Sanitation services.