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Suzano (Suzano) Cyclically Adjusted Book per Share : $3.31 (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 $6.979. 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 $3.31 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 (2024-05-22), Suzano's current stock price is $9.60. Suzano's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.31. Suzano's Cyclically Adjusted PB Ratio of today is 2.90.

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 4.11 2.87 2.43 2.64 3.24

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 2.83 3.09 3.03 3.24 3.31

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)
=6.979/159.3724*159.3724
=6.979

Current CPI (Mar. 2024) = 159.3724.

Suzano Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.479 91.838 7.773
201409 4.140 92.602 7.125
201412 3.593 94.194 6.079
201503 2.795 97.799 4.555
201506 2.911 100.006 4.639
201509 2.094 101.392 3.291
201512 2.176 104.247 3.327
201603 2.558 106.979 3.811
201606 2.938 108.851 4.302
201609 3.104 109.986 4.498
201612 2.774 110.802 3.990
201703 3.104 111.869 4.422
201706 3.009 112.115 4.277
201709 3.393 112.777 4.795
201712 3.229 114.068 4.511
201803 3.473 114.868 4.819
201806 2.595 117.038 3.534
201809 2.366 117.881 3.199
201812 2.797 118.340 3.767
201903 3.904 120.124 5.180
201906 3.905 120.977 5.144
201909 3.044 121.292 4.000
201912 3.245 123.436 4.190
202003 0.690 124.092 0.886
202006 0.356 123.557 0.459
202009 0.183 125.095 0.233
202012 1.042 129.012 1.287
202103 0.586 131.660 0.709
202106 2.135 133.871 2.542
202109 1.898 137.913 2.193
202112 1.976 141.992 2.218
202203 3.765 146.537 4.095
202206 3.566 149.784 3.794
202209 4.071 147.800 4.390
202212 4.814 150.207 5.108
202303 5.609 153.352 5.829
202306 6.793 154.519 7.006
202309 6.558 155.464 6.723
202312 7.074 157.148 7.174
202403 6.979 159.372 6.979

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


Suzano  (NYSE: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
=9.60/3.31
=2.90

* 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 (Suzano) 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 (Suzano) Headlines