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Suzano (BUE:SUZ) Cyclically Adjusted Book per Share : ARS3,605.67 (As of Mar. 2024)


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What is Suzano 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.

Suzano's adjusted book value per share for the three months ended in Mar. 2024 was ARS5,879.547. 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 ARS3,605.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Suzano's average Cyclically Adjusted Book Growth Rate was 15.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.70% 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 Suzano was 1.90% per year. The lowest was -7.20% per year. And the median was -5.90% per year.

As of today (2024-06-06), Suzano's current stock price is ARS11719.50. Suzano's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS3,605.67. Suzano's Cyclically Adjusted PB Ratio of today is 3.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Suzano was 5.07. The lowest was 1.65. And the median was 3.27.


Suzano Cyclically Adjusted Book per Share Historical Data

The historical data trend for Suzano'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.

Suzano Cyclically Adjusted Book per Share Chart

Suzano 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 327.61 390.77 484.49 884.74 3,049.18

Suzano 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 1,145.07 1,582.33 2,497.24 3,049.18 3,605.67

Competitive Comparison of Suzano's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Suzano'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.


Suzano's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Suzano's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Suzano 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, Suzano'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)
=5879.547/159.3724*159.3724
=5,879.547

Current CPI (Mar. 2024) = 159.3724.

Suzano Quarterly Data

Book Value per Share CPI Adj_Book
201406 36.390 91.838 63.150
201409 34.857 92.602 59.991
201412 30.726 94.194 51.987
201503 24.649 97.799 40.168
201506 26.454 100.006 42.158
201509 19.690 101.392 30.950
201512 28.167 104.247 43.062
201603 37.364 106.979 55.663
201606 41.069 108.851 60.131
201609 46.295 109.986 67.083
201612 43.976 110.802 63.253
201703 47.857 111.869 68.179
201706 49.610 112.115 70.521
201709 59.456 112.777 84.021
201712 61.649 114.068 86.134
201803 69.987 114.868 97.103
201806 64.716 117.038 88.125
201809 87.060 117.881 117.703
201812 105.466 118.340 142.034
201903 152.613 120.124 202.477
201906 174.459 120.977 229.828
201909 170.247 121.292 223.697
201912 193.989 123.436 250.465
202003 42.817 124.092 54.990
202006 24.365 123.557 31.428
202009 13.600 125.095 17.327
202012 84.786 129.012 104.738
202103 52.820 131.660 63.938
202106 202.296 133.871 240.833
202109 185.585 137.913 214.462
202112 199.545 141.992 223.969
202203 404.266 146.537 439.676
202206 429.039 149.784 456.505
202209 565.693 147.800 609.987
202212 807.022 150.207 856.266
202303 1,107.969 153.352 1,151.463
202306 1,630.328 154.519 1,681.537
202309 2,295.128 155.464 2,352.836
202312 2,553.849 157.148 2,589.997
202403 5,879.547 159.372 5,879.547

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


Suzano  (BUE:SUZ) 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.

Suzano's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11719.50/3605.67
=3.25

* 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 Suzano was 5.07. The lowest was 1.65. And the median was 3.27.


Be Aware

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


Suzano Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Suzano's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Suzano (BUE:SUZ) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Professor Magalhaes Neto, No. 1,752, 10th Floor, Rooms 1010 and 1011, Salvador, BA, BRA, 41810-011
Suzano SA produces and sells pulp and a variety of paper products. The company organizes itself into two segments based on product type: Pulp and Paper. The Pulp segment generates the majority of revenue. The firm's product portfolio includes printing and writing paper, paperboard, diapers, and sanitary napkins. The company owns forest land and plants in Brazil, where it harvests timber and turns the timber into pulp and paper in its plants. More revenue comes from Europe than any other geographic area.

Suzano (BUE:SUZ) Headlines