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Arezzo Industria E Comercio (BSP:ARZZ3) Cyclically Adjusted PB Ratio : 3.43 (As of Jun. 10, 2024)


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What is Arezzo Industria E Comercio Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Arezzo Industria E Comercio's current share price is R$50.49. Arezzo Industria E Comercio's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$14.74. Arezzo Industria E Comercio's Cyclically Adjusted PB Ratio for today is 3.43.

The historical rank and industry rank for Arezzo Industria E Comercio's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:ARZZ3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.24   Med: 7.17   Max: 11.08
Current: 3.43

During the past years, Arezzo Industria E Comercio's highest Cyclically Adjusted PB Ratio was 11.08. The lowest was 3.24. And the median was 7.17.

BSP:ARZZ3's Cyclically Adjusted PB Ratio is ranked worse than
83.29% of 838 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs BSP:ARZZ3: 3.43

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.

Arezzo Industria E Comercio's adjusted book value per share data for the three months ended in Mar. 2024 was R$26.498. 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 R$14.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arezzo Industria E Comercio Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arezzo Industria E Comercio's Cyclically Adjusted PB Ratio 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.

Arezzo Industria E Comercio Cyclically Adjusted PB Ratio Chart

Arezzo Industria E Comercio Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.32 8.21 7.72 6.52 4.56

Arezzo Industria E Comercio Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 5.03 6.03 4.78 4.56 4.36

Competitive Comparison of Arezzo Industria E Comercio's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Arezzo Industria E Comercio'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.


Arezzo Industria E Comercio's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Arezzo Industria E Comercio's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Arezzo Industria E Comercio's Cyclically Adjusted PB Ratio falls into.



Arezzo Industria E Comercio Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Arezzo Industria E Comercio's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.49/14.74
=3.43

* 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.

Arezzo Industria E Comercio's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Arezzo Industria E Comercio'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)
=26.498/159.3724*159.3724
=26.498

Current CPI (Mar. 2024) = 159.3724.

Arezzo Industria E Comercio Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.014 91.838 10.437
201409 6.285 92.602 10.817
201412 6.498 94.194 10.994
201503 6.694 97.799 10.908
201506 6.499 100.006 10.357
201509 6.771 101.392 10.643
201512 6.963 104.247 10.645
201603 7.166 106.979 10.676
201606 7.088 108.851 10.378
201609 7.373 109.986 10.684
201612 7.539 110.802 10.844
201703 7.808 111.869 11.124
201706 7.560 112.115 10.747
201709 7.021 112.777 9.922
201712 7.410 114.068 10.353
201803 7.698 114.868 10.680
201806 7.444 117.038 10.137
201809 7.900 117.881 10.681
201812 7.882 118.340 10.615
201903 7.137 120.124 9.469
201906 7.468 120.977 9.838
201909 7.814 121.292 10.267
201912 8.203 123.436 10.591
202003 8.312 124.092 10.675
202006 7.366 123.557 9.501
202009 7.666 125.095 9.767
202012 13.536 129.012 16.721
202103 13.765 131.660 16.662
202106 14.443 133.871 17.194
202109 15.523 137.913 17.938
202112 15.971 141.992 17.926
202203 22.756 146.537 24.749
202206 22.709 149.784 24.163
202209 23.725 147.800 25.583
202212 24.085 150.207 25.555
202303 24.676 153.352 25.645
202306 25.107 154.519 25.896
202309 26.079 155.464 26.735
202312 26.251 157.148 26.623
202403 26.498 159.372 26.498

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


Arezzo Industria E Comercio  (BSP:ARZZ3) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Arezzo Industria E Comercio Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Arezzo Industria E Comercio's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Arezzo Industria E Comercio (BSP:ARZZ3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Fernandes Tourinho, 147 - sala 402, Rooms 1301 and 1303, Belo Horizonte, MG, BRA, 30112000
Arezzo Industria e Comercio S.A. together with its subsidiaries engages in the manufacturing, development, molding, and sale of footwear, bags, and women's clothing and accessories. It operates more than 400 franchises and approximately 48 stores and an e-commerce website for the sale of products under the brand names Schutz, Arezzo, Alexandre Birman, Fiever, Vans, Reserva, Reserva Mini, Reserva Go, Oficina, INK, EVA, Troc, Baw, MyShoes, Carol Bassi, Brizza, Reversa, Simples Reserva, Unbrand Reserva and Anacapri. The company derives revenue through the sale of products and Royalty income.

Arezzo Industria E Comercio (BSP:ARZZ3) Headlines

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