GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gol Linhas Aereas Inteligentes SA (OTCPK:GOLLQ) » Definitions » Cyclically Adjusted PB Ratio

Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Cyclically Adjusted PB Ratio : (As of Jun. 08, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Gol Linhas Aereas Inteligentes Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gol Linhas Aereas Inteligentes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gol Linhas Aereas Inteligentes'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.

Gol Linhas Aereas Inteligentes Cyclically Adjusted PB Ratio Chart

Gol Linhas Aereas Inteligentes 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 10.53 19.01 - - -

Gol Linhas Aereas Inteligentes 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 - - - - -

Competitive Comparison of Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio

For the Airlines subindustry, Gol Linhas Aereas Inteligentes'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.


Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio falls into.



Gol Linhas Aereas Inteligentes 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.

Gol Linhas Aereas Inteligentes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gol Linhas Aereas Inteligentes'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)
=-2.427/159.3724*159.3724
=-2.427

Current CPI (Mar. 2024) = 159.3724.

Gol Linhas Aereas Inteligentes Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.568 91.838 2.721
201409 0.575 92.602 0.990
201412 -1.396 94.194 -2.362
201503 -2.848 97.799 -4.641
201506 -0.200 100.006 -0.319
201509 -0.333 101.392 -0.523
201512 -0.447 104.247 -0.683
201603 -0.398 106.979 -0.593
201606 -0.402 108.851 -0.589
201609 -0.412 109.986 -0.597
201612 -0.416 110.802 -0.598
201703 -0.423 111.869 -0.603
201706 -0.449 112.115 -0.638
201709 -0.431 112.777 -0.609
201712 -0.679 114.068 -0.949
201803 -0.651 114.868 -0.903
201806 -0.790 117.038 -1.076
201809 -0.773 117.881 -1.045
201812 -0.820 118.340 -1.104
201903 -1.196 120.124 -1.587
201906 -1.238 120.977 -1.631
201909 -1.261 121.292 -1.657
201912 -1.193 123.436 -1.540
202003 -1.441 124.092 -1.851
202006 -1.597 123.557 -2.060
202009 -1.743 125.095 -2.221
202012 -1.786 129.012 -2.206
202103 -1.905 131.660 -2.306
202106 -1.972 133.871 -2.348
202109 -2.180 137.913 -2.519
202112 -2.344 141.992 -2.631
202203 -2.293 146.537 -2.494
202206 -2.498 149.784 -2.658
202209 -2.590 147.800 -2.793
202212 -2.545 150.207 -2.700
202303 -2.525 153.352 -2.624
202306 -2.629 154.519 -2.712
202309 -2.788 155.464 -2.858
202312 -2.955 157.148 -2.997
202403 -2.427 159.372 -2.427

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.


Gol Linhas Aereas Inteligentes  (OTCPK:GOLLQ) 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.


Gol Linhas Aereas Inteligentes Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Gol Linhas Aereas Inteligentes's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Business Description

Traded in Other Exchanges
Address
S/N, Portaria 3, Jardim Aeroporto, Praca Comandante Linneu Gomes, Sao Paulo, SP, BRA, 04626-020
Gol Intelligent Airlines Inc is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operate both domestic and international flights from which the majority of revenues come in from domestic operations.

Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Headlines

From GuruFocus

GOL - Preliminary Financial Outlook for 2023

By PRNewswire PRNewswire 01-04-2023

GOL Closes US$80 Million Engine Financing

By PRNewswire PRNewswire 10-13-2022

GOL discloses preliminary traffic figures for January 2023

By PRNewswire PRNewswire 02-07-2023

GOL Issues Secured Amortizing Notes

By PRNewswire PRNewswire 12-30-2022

GOL Initiates Legal Financial Restructuring

By PRNewswire 01-25-2024