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Randon Implementos E Participacoes (BSP:RAPT3) Cyclically Adjusted PB Ratio : 1.12 (As of Jun. 11, 2024)


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What is Randon Implementos E Participacoes Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Randon Implementos E Participacoes's current share price is R$7.93. Randon Implementos E Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$7.09. Randon Implementos E Participacoes's Cyclically Adjusted PB Ratio for today is 1.12.

The historical rank and industry rank for Randon Implementos E Participacoes's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:RAPT3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.37   Max: 2.33
Current: 1.14

During the past years, Randon Implementos E Participacoes's highest Cyclically Adjusted PB Ratio was 2.33. The lowest was 0.69. And the median was 1.37.

BSP:RAPT3's Cyclically Adjusted PB Ratio is ranked better than
64.71% of 170 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.65 vs BSP:RAPT3: 1.14

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.

Randon Implementos E Participacoes's adjusted book value per share data for the three months ended in Dec. 2023 was R$8.461. 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$7.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Randon Implementos E Participacoes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Randon Implementos E Participacoes'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.

Randon Implementos E Participacoes Cyclically Adjusted PB Ratio Chart

Randon Implementos E Participacoes 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 1.79 1.80 1.94 1.19 1.69

Randon Implementos E Participacoes 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 1.03 1.45 1.33 1.69 -

Competitive Comparison of Randon Implementos E Participacoes's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Randon Implementos E Participacoes'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.


Randon Implementos E Participacoes's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Randon Implementos E Participacoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Randon Implementos E Participacoes's Cyclically Adjusted PB Ratio falls into.



Randon Implementos E Participacoes 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.

Randon Implementos E Participacoes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.93/7.09
=1.12

* 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.

Randon Implementos E Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Randon Implementos E Participacoes's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.461/157.1481*157.1481
=8.461

Current CPI (Dec. 2023) = 157.1481.

Randon Implementos E Participacoes Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 90.447 0.000
201406 4.717 91.838 8.071
201409 4.748 92.602 8.058
201412 4.673 94.194 7.796
201503 4.526 97.799 7.273
201506 4.554 100.006 7.156
201509 2.907 101.392 4.506
201512 4.169 104.247 6.285
201603 4.361 106.979 6.406
201606 4.292 108.851 6.196
201609 4.282 109.986 6.118
201612 4.128 110.802 5.855
201703 4.181 111.869 5.873
201706 4.188 112.115 5.870
201709 4.259 112.777 5.935
201712 4.183 114.068 5.763
201803 4.255 114.868 5.821
201806 4.283 117.038 5.751
201809 4.412 117.881 5.882
201812 4.460 118.340 5.923
201903 4.592 120.124 6.007
201906 4.836 120.977 6.282
201909 4.952 121.292 6.416
201912 4.944 123.436 6.294
202003 5.042 124.092 6.385
202006 5.165 123.557 6.569
202009 5.283 125.095 6.637
202012 6.199 129.012 7.551
202103 6.630 131.660 7.913
202106 6.934 133.871 8.140
202109 7.685 137.913 8.757
202112 7.653 141.992 8.470
202203 7.970 146.537 8.547
202206 8.224 149.784 8.628
202209 8.435 147.800 8.969
202212 8.361 150.207 8.747
202303 8.672 153.352 8.887
202306 8.938 154.519 9.090
202309 8.970 155.464 9.067
202312 8.461 157.148 8.461

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.


Randon Implementos E Participacoes  (BSP:RAPT3) 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.


Randon Implementos E Participacoes Cyclically Adjusted PB Ratio Related Terms

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


Randon Implementos E Participacoes (BSP:RAPT3) Business Description

Traded in Other Exchanges
Address
Av Abramo Randon 770, Caxias Do Sul, RS, BRA, 95055010
Randon SA Implementos E Participacoes is a Brazil-based company primarily engaged in the manufacture of heavy vehicles and parts. The company is engaged in the following segments Road / Railroad Equipment & Specialty Vehicles, Auto Parts and Services and others. Its products include various wagon types, platform, tank, sider and telescopic, as well as off-road trucks, truck bodies, trailers and semi-trailers, brake and transmission system. The firm generates its major part of the revenue from road, railroad equipment and specialty vehicles segment.

Randon Implementos E Participacoes (BSP:RAPT3) Headlines

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