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Localiza Rent A Car (Localiza Rent A Car) Cyclically Adjusted Book per Share : $2.05 (As of Mar. 2024)


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What is Localiza Rent A Car 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.

Localiza Rent A Car's adjusted book value per share for the three months ended in Mar. 2024 was $4.919. 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 $2.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Localiza Rent A Car's average Cyclically Adjusted Book Growth Rate was 31.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 29.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 25.70% 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 Localiza Rent A Car was 29.70% per year. The lowest was 18.40% per year. And the median was 23.90% per year.

As of today (2024-06-11), Localiza Rent A Car's current stock price is $7.83. Localiza Rent A Car's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.05. Localiza Rent A Car's Cyclically Adjusted PB Ratio of today is 3.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Localiza Rent A Car was 17.09. The lowest was 4.33. And the median was 9.59.


Localiza Rent A Car Cyclically Adjusted Book per Share Historical Data

The historical data trend for Localiza Rent A Car'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.

Localiza Rent A Car Cyclically Adjusted Book per Share Chart

Localiza Rent A Car 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 0.91 0.83 0.93 1.29 1.88

Localiza Rent A Car 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 1.45 1.67 1.80 1.88 2.05

Competitive Comparison of Localiza Rent A Car's Cyclically Adjusted Book per Share

For the Rental & Leasing Services subindustry, Localiza Rent A Car'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.


Localiza Rent A Car's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Localiza Rent A Car's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Localiza Rent A Car's Cyclically Adjusted PB Ratio falls into.



Localiza Rent A Car 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, Localiza Rent A Car'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)
=4.919/159.3724*159.3724
=4.919

Current CPI (Mar. 2024) = 159.3724.

Localiza Rent A Car Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.986 91.838 1.711
201409 0.997 92.602 1.716
201412 0.905 94.194 1.531
201503 0.798 97.799 1.300
201506 0.839 100.006 1.337
201509 0.692 101.392 1.088
201512 0.723 104.247 1.105
201603 0.786 106.979 1.171
201606 0.875 108.851 1.281
201609 0.953 109.986 1.381
201612 0.947 110.802 1.362
201703 1.061 111.869 1.512
201706 1.050 112.115 1.493
201709 1.151 112.777 1.627
201712 1.133 114.068 1.583
201803 1.192 114.868 1.654
201806 1.079 117.038 1.469
201809 1.031 117.881 1.394
201812 1.141 118.340 1.537
201903 1.727 120.124 2.291
201906 1.761 120.977 2.320
201909 1.691 121.292 2.222
201912 1.748 123.436 2.257
202003 1.474 124.092 1.893
202006 1.395 123.557 1.799
202009 1.405 125.095 1.790
202012 1.558 129.012 1.925
202103 1.522 131.660 1.842
202106 1.806 133.871 2.150
202109 1.871 137.913 2.162
202112 1.782 141.992 2.000
202203 2.137 146.537 2.324
202206 2.197 149.784 2.338
202209 3.956 147.800 4.266
202212 3.989 150.207 4.232
202303 4.058 153.352 4.217
202306 4.848 154.519 5.000
202309 4.831 155.464 4.952
202312 4.900 157.148 4.969
202403 4.919 159.372 4.919

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


Localiza Rent A Car  (OTCPK:LZRFY) 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.

Localiza Rent A Car's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.83/2.05
=3.82

* 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 Localiza Rent A Car was 17.09. The lowest was 4.33. And the median was 9.59.


Be Aware

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


Localiza Rent A Car Cyclically Adjusted Book per Share Related Terms

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


Localiza Rent A Car (Localiza Rent A Car) Business Description

Traded in Other Exchanges
Address
Avenida Bernardo Vasconcelo, No 377 - Cachoeirinha, Belo Horizonte, MG, BRA, 31150-900
Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its fleet to the general public, and offers a franchise model. Franchisees account for roughly half of Localize's car rental locations, while the majority of cars accessible with Localize are owned by the company. The fleet rental division has long-term agreements with companies that come up for renewal roughly every two to three years. The car rental segment delivers three-quarters of yearly revenue, and fleet rental makes up the rest, with an insignificant share contributed by the franchise management division.

Localiza Rent A Car (Localiza Rent A Car) Headlines

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