GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cencosud SA (XSGO:CENCOSUD) » Definitions » Cyclically Adjusted Book per Share

Cencosud (XSGO:CENCOSUD) Cyclically Adjusted Book per Share : CLP1,846.01 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Cencosud 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.

Cencosud's adjusted book value per share for the three months ended in Mar. 2024 was CLP1,543.239. 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 CLP1,846.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cencosud's average Cyclically Adjusted Book Growth Rate was -1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% 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 Cencosud was 6.10% per year. The lowest was 5.10% per year. And the median was 5.60% per year.

As of today (2024-05-27), Cencosud's current stock price is CLP1862.30. Cencosud's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CLP1,846.01. Cencosud's Cyclically Adjusted PB Ratio of today is 1.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cencosud was 1.01. The lowest was 0.40. And the median was 0.81.


Cencosud Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cencosud'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.

Cencosud Cyclically Adjusted Book per Share Chart

Cencosud 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 1,559.71 1,598.27 1,700.34 1,865.11 1,853.98

Cencosud 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 1,882.23 1,871.73 1,869.64 1,853.98 1,846.01

Competitive Comparison of Cencosud's Cyclically Adjusted Book per Share

For the Department Stores subindustry, Cencosud'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.


Cencosud's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cencosud's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cencosud 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, Cencosud'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)
=1543.239/146.1089*146.1089
=1,543.239

Current CPI (Mar. 2024) = 146.1089.

Cencosud Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,565.448 95.543 2,393.963
201409 1,594.008 96.883 2,403.918
201412 1,517.406 97.515 2,273.566
201503 1,457.492 98.539 2,161.097
201506 1,495.212 99.770 2,189.667
201509 1,446.213 101.383 2,084.225
201512 1,404.079 101.775 2,015.704
201603 1,399.942 102.930 1,987.214
201606 1,405.083 103.965 1,974.654
201609 1,391.171 104.521 1,944.710
201612 1,427.145 104.532 1,994.790
201703 1,470.495 105.752 2,031.665
201706 1,401.520 105.730 1,936.767
201709 1,380.423 106.035 1,902.124
201712 1,400.618 106.907 1,914.215
201803 1,392.995 107.670 1,890.312
201806 1,307.608 108.421 1,762.137
201809 1,321.029 109.369 1,764.794
201812 1,482.819 109.653 1,975.815
201903 1,379.575 110.339 1,826.810
201906 1,429.681 111.352 1,875.932
201909 1,458.007 111.821 1,905.084
201912 1,556.055 112.943 2,012.993
202003 1,560.778 114.468 1,992.198
202006 1,472.043 114.283 1,881.981
202009 1,399.861 115.275 1,774.304
202012 1,386.107 116.299 1,741.399
202103 0.000 117.770 0.000
202106 1,378.721 118.630 1,698.076
202109 1,513.393 121.431 1,820.959
202112 1,476.773 124.634 1,731.228
202203 1,517.185 128.850 1,720.400
202206 1,525.385 133.448 1,670.102
202209 1,425.984 138.101 1,508.674
202212 1,310.106 140.574 1,361.690
202303 1,261.369 143.145 1,287.483
202306 1,292.250 143.538 1,315.399
202309 1,407.728 145.172 1,416.814
202312 1,308.442 146.109 1,308.442
202403 1,543.239 146.109 1,543.239

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


Cencosud  (XSGO:CENCOSUD) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1862.30/1846.01
=1.01

* 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 Cencosud was 1.01. The lowest was 0.40. And the median was 0.81.


Be Aware

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


Cencosud Cyclically Adjusted Book per Share Related Terms

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


Cencosud (XSGO:CENCOSUD) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Kennedy 9001, Piso 6, Las Condes, Santiago, CHL
Cencosud SA is a multi-brand retailer in South America. Headquartered in Chile, the Company is organized in five reportable segments: Supermarkets, Shopping Centers, Home Improvement stores, Department stores, and Financial Services., the company is involved in commercial real estate development by leasing shopping mall space to third parties. Cencosud also provides private-label credit cards and financial services to retail customers. The portfolio includes both low and high-end brands like Jumbo, Wong, Perini, Santa Isabel, Bretas, and Unicenter. The company generates the majority of its revenue from the Supermarket segment.

Cencosud (XSGO:CENCOSUD) Headlines

No Headlines