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Compania deneamento de Minas Gerais - COPASA MG (Compania deneamento de Minas Gerais - COPASA MG) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is Compania deneamento de Minas Gerais - COPASA MG Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Compania deneamento de Minas Gerais - COPASA MG's adjusted book value per share for the three months ended in Mar. 2024 was $36.953. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Compania deneamento de Minas Gerais - COPASA MG's average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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 Compania deneamento de Minas Gerais - COPASA MG was 5.00% per year. The lowest was 4.20% per year. And the median was 4.90% per year.

As of today (2024-05-06), Compania deneamento de Minas Gerais - COPASA MG's current stock price is $23.8152. Compania deneamento de Minas Gerais - COPASA MG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. Compania deneamento de Minas Gerais - COPASA MG's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Compania deneamento de Minas Gerais - COPASA MG was 1.30. The lowest was 0.51. And the median was 0.83.


Compania deneamento de Minas Gerais - COPASA MG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Compania deneamento de Minas Gerais - COPASA MG'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.

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Compania deneamento de Minas Gerais - COPASA MG Cyclically Adjusted Book per Share Chart

Compania deneamento de Minas Gerais - COPASA MG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Compania deneamento de Minas Gerais - COPASA MG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Compania deneamento de Minas Gerais - COPASA MG's Cyclically Adjusted Book per Share

For the Utilities - Regulated Water subindustry, Compania deneamento de Minas Gerais - COPASA MG'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.


Compania deneamento de Minas Gerais - COPASA MG's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Compania deneamento de Minas Gerais - COPASA MG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Compania deneamento de Minas Gerais - COPASA MG's Cyclically Adjusted PB Ratio falls into.



Compania deneamento de Minas Gerais - COPASA MG 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, Compania deneamento de Minas Gerais - COPASA MG'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)
=36.953/156.2729*156.2729
=36.953

Current CPI (Mar. 2024) = 156.2729.

Compania deneamento de Minas Gerais - COPASA MG Quarterly Data

Book Value per Share CPI Adj_Book
201406 60.410 91.838 102.795
201409 58.430 92.602 98.605
201412 51.831 94.194 85.991
201503 43.524 97.799 69.547
201506 44.377 100.006 69.345
201509 35.899 101.392 55.330
201512 35.987 104.247 53.947
201603 38.175 106.979 55.765
201606 42.310 108.851 60.743
201609 42.794 109.986 60.804
201612 42.034 110.802 59.284
201703 45.934 111.869 64.166
201706 44.165 112.115 61.560
201709 47.269 112.777 65.500
201712 44.981 114.068 61.624
201803 45.795 114.868 62.302
201806 38.455 117.038 51.347
201809 35.708 117.881 47.337
201812 38.057 118.340 50.256
201903 39.307 120.124 51.136
201906 39.817 120.977 51.434
201909 38.080 121.292 49.062
201912 38.997 123.436 49.371
202003 33.319 124.092 41.960
202006 31.878 123.557 40.319
202009 31.408 125.095 39.236
202012 29.788 129.012 36.082
202103 27.848 131.660 33.054
202106 32.099 133.871 37.471
202109 29.918 137.913 33.901
202112 28.374 141.992 31.228
202203 32.880 146.537 35.064
202206 33.014 149.784 34.444
202209 32.550 147.800 34.416
202212 32.827 150.207 34.153
202303 33.998 153.352 34.645
202306 37.074 154.519 37.495
202309 37.925 155.464 38.122
202312 36.689 156.273 36.689
202403 36.953 156.273 36.953

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


Compania deneamento de Minas Gerais - COPASA MG  (OTCPK:CSMQY) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Compania deneamento de Minas Gerais - COPASA MG was 1.30. The lowest was 0.51. And the median was 0.83.


Be Aware

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


Compania deneamento de Minas Gerais - COPASA MG Cyclically Adjusted Book per Share Related Terms

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Compania deneamento de Minas Gerais - COPASA MG (Compania deneamento de Minas Gerais - COPASA MG) Business Description

Traded in Other Exchanges
Address
Rua Mar de Espanha 525, Santo Antonio, Belo Horizonte, MG, BRA, 30330900
COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Serviços de Irrigaçao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Serviços de Irrigaçao S.A. manages, performs, and sells irrigation system services. COPASA Águas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where a significant amount of revenue is generated.

Compania deneamento de Minas Gerais - COPASA MG (Compania deneamento de Minas Gerais - COPASA MG) Headlines

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