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ENCE Energia y Celulosa (ENCE Energia y Celulosa) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is ENCE Energia y Celulosa Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


ENCE Energia y Celulosa Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ENCE Energia y Celulosa'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.

ENCE Energia y Celulosa Cyclically Adjusted PB Ratio Chart

ENCE Energia y Celulosa 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 1.36 1.27 0.81 0.99 1.00

ENCE Energia y Celulosa 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 1.20 1.01 1.11 1.00 1.15

Competitive Comparison of ENCE Energia y Celulosa's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, ENCE Energia y Celulosa'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.


ENCE Energia y Celulosa's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, ENCE Energia y Celulosa's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ENCE Energia y Celulosa's Cyclically Adjusted PB Ratio falls into.



ENCE Energia y Celulosa 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.

ENCE Energia y Celulosa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ENCE Energia y Celulosa'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)
=2.249/122.7621*122.7621
=2.249

Current CPI (Mar. 2024) = 122.7621.

ENCE Energia y Celulosa Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.391 101.081 4.118
201409 2.839 100.441 3.470
201412 2.706 100.251 3.314
201503 2.430 99.474 2.999
201506 2.454 101.138 2.979
201509 2.497 99.559 3.079
201512 2.487 100.268 3.045
201603 2.489 98.638 3.098
201606 2.488 100.333 3.044
201609 1.904 99.737 2.344
201612 2.389 101.842 2.880
201703 2.228 100.896 2.711
201706 2.723 101.848 3.282
201709 2.844 101.524 3.439
201712 3.057 102.975 3.644
201803 3.343 102.122 4.019
201806 3.156 104.165 3.719
201809 2.980 103.818 3.524
201812 3.157 104.193 3.720
201903 3.104 103.488 3.682
201906 3.056 104.612 3.586
201909 2.820 103.905 3.332
201912 3.003 105.015 3.511
202003 2.971 103.469 3.525
202006 2.834 104.254 3.337
202009 2.881 103.521 3.416
202012 3.573 104.456 4.199
202103 3.351 104.857 3.923
202106 2.315 107.102 2.653
202109 2.878 107.669 3.281
202112 2.390 111.298 2.636
202203 2.236 115.153 2.384
202206 2.378 118.044 2.473
202209 2.183 117.221 2.286
202212 2.949 117.650 3.077
202303 3.113 118.948 3.213
202306 2.408 120.278 2.458
202309 2.333 121.343 2.360
202312 2.201 121.300 2.228
202403 2.249 122.762 2.249

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.


ENCE Energia y Celulosa  (OTCPK:EEYCF) 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.


ENCE Energia y Celulosa Cyclically Adjusted PB Ratio Related Terms

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ENCE Energia y Celulosa (ENCE Energia y Celulosa) Business Description

Traded in Other Exchanges
Address
Beatriz de Bobadilla, 14, Madrid, ESP, 28040
ENCE Energia y Celulosa SA produces and sells pulp. The company owns and manages eucalyptus forests throughout Spain and harvests timber. The timber is transported to the firm's mills, where it produces pulp for sale to paper manufacturers. Over half of the company's pulp is sold to tissue paper producers. Other customers include manufacturers of specialty paper, printing and writing paper, and packaging paper. Ence also generates and sells electricity from forest biomass. The vast majority of revenue comes from Europe.

ENCE Energia y Celulosa (ENCE Energia y Celulosa) Headlines

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