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Azul Azul (XSGO:AZUL AZUL) Cyclically Adjusted Book per Share : CLP366.90 (As of Mar. 2024)


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What is Azul Azul 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.

Azul Azul's adjusted book value per share for the three months ended in Mar. 2024 was CLP182.043. 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 CLP366.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Azul Azul's average Cyclically Adjusted Book Growth Rate was -11.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.70% 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 Azul Azul was -3.70% per year. The lowest was -3.70% per year. And the median was -3.70% per year.

As of today (2024-06-12), Azul Azul's current stock price is CLP560.00. Azul Azul's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CLP366.90. Azul Azul's Cyclically Adjusted PB Ratio of today is 1.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Azul Azul was 1.59. The lowest was 1.36. And the median was 1.39.


Azul Azul Cyclically Adjusted Book per Share Historical Data

The historical data trend for Azul Azul'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.

Azul Azul Cyclically Adjusted Book per Share Chart

Azul Azul 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 - 425.19 422.51 421.50 379.70

Azul Azul 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 414.18 400.20 391.19 379.70 366.90

Competitive Comparison of Azul Azul's Cyclically Adjusted Book per Share

For the Entertainment subindustry, Azul Azul'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.


Azul Azul's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Azul Azul's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Azul Azul 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, Azul Azul'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)
=182.043/146.1089*146.1089
=182.043

Current CPI (Mar. 2024) = 146.1089.

Azul Azul Quarterly Data

Book Value per Share CPI Adj_Book
201406 418.456 95.543 639.924
201409 431.515 96.883 650.766
201412 423.344 97.515 634.306
201503 448.854 98.539 665.538
201506 430.125 99.770 629.898
201509 404.011 101.383 582.245
201512 358.286 101.775 514.357
201603 385.114 102.930 546.668
201606 350.657 103.965 492.801
201609 323.526 104.521 452.255
201612 276.352 104.532 386.271
201703 344.147 105.752 475.480
201706 357.014 105.730 493.359
201709 327.765 106.035 451.637
201712 331.469 106.907 453.016
201803 295.558 107.670 401.076
201806 245.017 108.421 330.186
201809 268.265 109.369 358.382
201812 314.871 109.653 419.557
201903 299.522 110.339 396.622
201906 296.380 111.352 388.890
201909 262.307 111.821 342.740
201912 235.216 112.943 304.288
202003 243.607 114.468 310.943
202006 235.613 114.283 301.227
202009 244.689 115.275 310.140
202012 230.523 116.299 289.611
202103 221.771 117.770 275.136
202106 211.784 118.630 260.840
202109 199.839 121.431 240.452
202112 182.943 124.634 214.465
202203 158.052 128.850 179.222
202206 134.260 133.448 146.998
202209 104.458 138.101 110.515
202212 144.984 140.574 150.693
202303 167.008 143.145 170.466
202306 146.961 143.538 149.594
202309 192.950 145.172 194.195
202312 179.367 146.109 179.367
202403 182.043 146.109 182.043

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


Azul Azul  (XSGO:AZUL AZUL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=560.00/366.9
=1.53

* 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 Azul Azul was 1.59. The lowest was 1.36. And the median was 1.39.


Be Aware

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


Azul Azul Cyclically Adjusted Book per Share Related Terms

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


Azul Azul (XSGO:AZUL AZUL) Business Description

Traded in Other Exchanges
N/A
Address
Avenida El Parron 0939, La Cisterna, Santiago, CHL
Azul Azul SA owns the Universidad de Chile soccer club. It organizes, produces, markets and participates in professional activities of entertainment and recreation sporting. It also provides counseling services, support, equipment and event management. It has three segments: Collection by Bordero, Income from Advertising and Other Income.

Azul Azul (XSGO:AZUL AZUL) Headlines

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