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Administradora de Fondos de Pensiones Cuprum (XSGO:CUPRUM) Cyclically Adjusted Book per Share : CLP1,509.69 (As of Mar. 2024)


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What is Administradora de Fondos de Pensiones Cuprum 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.

Administradora de Fondos de Pensiones Cuprum's adjusted book value per share for the three months ended in Mar. 2024 was CLP50.993. 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 CLP1,509.69 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-26), Administradora de Fondos de Pensiones Cuprum's current stock price is CLP50.84. Administradora de Fondos de Pensiones Cuprum's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CLP1,509.69. Administradora de Fondos de Pensiones Cuprum's Cyclically Adjusted PB Ratio of today is 0.03.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Administradora de Fondos de Pensiones Cuprum was 0.03. The lowest was 0.03. And the median was 0.03.


Administradora de Fondos de Pensiones Cuprum Cyclically Adjusted Book per Share Historical Data

The historical data trend for Administradora de Fondos de Pensiones Cuprum'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.

Administradora de Fondos de Pensiones Cuprum Cyclically Adjusted Book per Share Chart

Administradora de Fondos de Pensiones Cuprum 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 - - - - 1,549.12

Administradora de Fondos de Pensiones Cuprum 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 - - 1,538.17 1,549.12 1,509.69

Competitive Comparison of Administradora de Fondos de Pensiones Cuprum's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Administradora de Fondos de Pensiones Cuprum'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.


Administradora de Fondos de Pensiones Cuprum's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Administradora de Fondos de Pensiones Cuprum's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Administradora de Fondos de Pensiones Cuprum's Cyclically Adjusted PB Ratio falls into.



Administradora de Fondos de Pensiones Cuprum 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, Administradora de Fondos de Pensiones Cuprum'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)
=50.993/146.1089*146.1089
=50.993

Current CPI (Mar. 2024) = 146.1089.

Administradora de Fondos de Pensiones Cuprum Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 95.543 0.000
201409 0.000 96.883 0.000
201412 36,526.755 97.515 54,728.908
201503 59.289 98.539 87.911
201506 59.463 99.770 87.081
201509 60.562 101.383 87.280
201512 59.444 101.775 85.338
201603 60.584 102.930 85.999
201606 59.520 103.965 83.647
201609 61.159 104.521 85.494
201612 59.521 104.532 83.195
201703 61.245 105.752 84.617
201706 59.709 105.730 82.512
201709 60.621 106.035 83.531
201712 58.379 106.907 79.786
201803 59.345 107.670 80.532
201806 57.538 108.421 77.538
201809 58.627 109.369 78.321
201812 56.839 109.653 75.736
201903 58.359 110.339 77.278
201906 56.504 111.352 74.141
201909 58.041 111.821 75.838
201912 56.137 112.943 72.622
202003 55.230 114.468 70.496
202006 57.686 114.283 73.751
202009 58.240 115.275 73.818
202012 52.813 116.299 66.350
202103 53.866 117.770 66.828
202106 51.931 118.630 63.960
202109 52.821 121.431 63.556
202112 51.690 124.634 60.596
202203 52.026 128.850 58.994
202206 52.219 133.448 57.173
202209 53.163 138.101 56.246
202212 47.459 140.574 49.328
202303 48.601 143.145 49.607
202306 49.122 143.538 50.002
202309 50.105 145.172 50.428
202312 48.822 146.109 48.822
202403 50.993 146.109 50.993

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


Administradora de Fondos de Pensiones Cuprum  (XSGO:CUPRUM) 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.

Administradora de Fondos de Pensiones Cuprum's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.84/1509.69
=0.03

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Administradora de Fondos de Pensiones Cuprum was 0.03. The lowest was 0.03. And the median was 0.03.


Be Aware

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


Administradora de Fondos de Pensiones Cuprum Cyclically Adjusted Book per Share Related Terms

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


Administradora de Fondos de Pensiones Cuprum (XSGO:CUPRUM) Business Description

Traded in Other Exchanges
N/A
Address
Bandera 236, 6th Floor, Santiagp, CHL
Administradora de Fondos de Pensiones Cuprum SA is a Chile-based investment management company. It provides retirement advisory services and administers mandatory and voluntary pension savings accounts and severance payment savings funds for its clients. The company has five type of investment funds that have a different level of risk and expected a return.

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