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CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) Cyclically Adjusted PB Ratio : 0.50 (As of Jun. 09, 2024)


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What is CVC Brasil Operadora e Agencia de Viagens Cyclically Adjusted PB Ratio?

As of today (2024-06-09), CVC Brasil Operadora e Agencia de Viagens's current share price is R$1.90. CVC Brasil Operadora e Agencia de Viagens's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$3.81. CVC Brasil Operadora e Agencia de Viagens's Cyclically Adjusted PB Ratio for today is 0.50.

The historical rank and industry rank for CVC Brasil Operadora e Agencia de Viagens's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:CVCB3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.15   Max: 6.87
Current: 0.51

During the past years, CVC Brasil Operadora e Agencia de Viagens's highest Cyclically Adjusted PB Ratio was 6.87. The lowest was 0.50. And the median was 1.15.

BSP:CVCB3's Cyclically Adjusted PB Ratio is ranked better than
76.21% of 618 companies
in the Travel & Leisure industry
Industry Median: 1.385 vs BSP:CVCB3: 0.51

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.

CVC Brasil Operadora e Agencia de Viagens's adjusted book value per share data for the three months ended in Mar. 2024 was R$1.101. 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$3.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CVC Brasil Operadora e Agencia de Viagens Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CVC Brasil Operadora e Agencia de Viagens'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.

CVC Brasil Operadora e Agencia de Viagens Cyclically Adjusted PB Ratio Chart

CVC Brasil Operadora e Agencia de Viagens 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 - - 3.15 1.07 0.92

CVC Brasil Operadora e Agencia de Viagens 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 0.74 0.91 0.67 0.92 0.76

Competitive Comparison of CVC Brasil Operadora e Agencia de Viagens's Cyclically Adjusted PB Ratio

For the Travel Services subindustry, CVC Brasil Operadora e Agencia de Viagens'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.


CVC Brasil Operadora e Agencia de Viagens's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, CVC Brasil Operadora e Agencia de Viagens's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CVC Brasil Operadora e Agencia de Viagens's Cyclically Adjusted PB Ratio falls into.



CVC Brasil Operadora e Agencia de Viagens 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.

CVC Brasil Operadora e Agencia de Viagens's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.90/3.81
=0.50

* 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.

CVC Brasil Operadora e Agencia de Viagens's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CVC Brasil Operadora e Agencia de Viagens'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)
=1.101/159.3724*159.3724
=1.101

Current CPI (Mar. 2024) = 159.3724.

CVC Brasil Operadora e Agencia de Viagens Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.368 91.838 4.109
201409 2.689 92.602 4.628
201412 2.876 94.194 4.866
201503 3.280 97.799 5.345
201506 2.991 100.006 4.767
201509 3.381 101.392 5.314
201512 3.493 104.247 5.340
201603 3.773 106.979 5.621
201606 3.405 108.851 4.985
201609 3.754 109.986 5.440
201612 3.888 110.802 5.592
201703 4.339 111.869 6.181
201706 3.358 112.115 4.773
201709 3.820 112.777 5.398
201712 4.620 114.068 6.455
201803 5.119 114.868 7.102
201806 5.290 117.038 7.203
201809 6.005 117.881 8.119
201812 4.364 118.340 5.877
201903 6.637 120.124 8.806
201906 7.323 120.977 9.647
201909 7.661 121.292 10.066
201912 4.265 123.436 5.507
202003 -0.995 124.092 -1.278
202006 -2.288 123.557 -2.951
202009 -1.683 125.095 -2.144
202012 0.231 129.012 0.285
202103 1.514 131.660 1.833
202106 0.699 133.871 0.832
202109 2.106 137.913 2.434
202112 1.520 141.992 1.706
202203 0.821 146.537 0.893
202206 1.632 149.784 1.736
202209 1.382 147.800 1.490
202212 1.051 150.207 1.115
202303 0.632 153.352 0.657
202306 1.194 154.519 1.232
202309 0.983 155.464 1.008
202312 1.157 157.148 1.173
202403 1.101 159.372 1.101

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.


CVC Brasil Operadora e Agencia de Viagens  (BSP:CVCB3) 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.


CVC Brasil Operadora e Agencia de Viagens Cyclically Adjusted PB Ratio Related Terms

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CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) Business Description

Traded in Other Exchanges
N/A
Address
227, Rua Da Catequese, Santo Andre, Sao Paulo, SP, BRA, 9080370
CVC Brasil Operadora e Agencia de Viagens SA is engaged in providing tourism products and services. It provides tour packages, air tickets, ground transportation, hotel reservations, cruise line tickets, and other tourism services. CVC also has agreements with local representatives to sell CVC-branded products and services in Argentina and Uruguay. It serves both domestic and international market.

CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) Headlines

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