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LZRFY (Localiza Rent A Car) Cyclically Adjusted PB Ratio : 3.49 (As of Sep. 20, 2024)


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What is Localiza Rent A Car Cyclically Adjusted PB Ratio?

As of today (2024-09-20), Localiza Rent A Car's current share price is $7.88. Localiza Rent A Car's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $2.26. Localiza Rent A Car's Cyclically Adjusted PB Ratio for today is 3.49.

The historical rank and industry rank for Localiza Rent A Car's Cyclically Adjusted PB Ratio or its related term are showing as below:

LZRFY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.96   Med: 9.48   Max: 17.1
Current: 4.24

During the past years, Localiza Rent A Car's highest Cyclically Adjusted PB Ratio was 17.10. The lowest was 3.96. And the median was 9.48.

LZRFY's Cyclically Adjusted PB Ratio is ranked worse than
82.68% of 641 companies
in the Business Services industry
Industry Median: 1.58 vs LZRFY: 4.24

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.

Localiza Rent A Car's adjusted book value per share data for the three months ended in Jun. 2024 was $4.419. 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 $2.26 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Localiza Rent A Car Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Localiza Rent A Car'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.

Localiza Rent A Car Cyclically Adjusted PB Ratio Chart

Localiza Rent A Car 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 13.50 16.24 9.86 7.65 6.90

Localiza Rent A Car Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.47 6.79 6.90 5.54 4.02

Competitive Comparison of Localiza Rent A Car's Cyclically Adjusted PB Ratio

For the Rental & Leasing Services subindustry, Localiza Rent A Car'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.


Localiza Rent A Car's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Localiza Rent A Car's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Localiza Rent A Car's Cyclically Adjusted PB Ratio falls into.



Localiza Rent A Car 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.

Localiza Rent A Car's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.88/2.26
=3.49

* 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.

Localiza Rent A Car's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Localiza Rent A Car's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=4.419/161.0515*161.0515
=4.419

Current CPI (Jun. 2024) = 161.0515.

Localiza Rent A Car Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.995 92.602 1.730
201412 0.903 94.194 1.544
201503 0.796 97.799 1.311
201506 0.837 100.006 1.348
201509 0.691 101.392 1.098
201512 0.722 104.247 1.115
201603 0.784 106.979 1.180
201606 0.874 108.851 1.293
201609 0.951 109.986 1.393
201612 0.945 110.802 1.374
201703 1.059 111.869 1.525
201706 1.048 112.115 1.505
201709 1.149 112.777 1.641
201712 1.131 114.068 1.597
201803 1.189 114.868 1.667
201806 1.077 117.038 1.482
201809 1.029 117.881 1.406
201812 1.139 118.340 1.550
201903 1.723 120.124 2.310
201906 1.757 120.977 2.339
201909 1.687 121.292 2.240
201912 1.744 123.436 2.275
202003 1.471 124.092 1.909
202006 1.392 123.557 1.814
202009 1.402 125.095 1.805
202012 1.555 129.012 1.941
202103 1.518 131.660 1.857
202106 1.802 133.871 2.168
202109 1.867 137.913 2.180
202112 1.779 141.992 2.018
202203 2.132 146.537 2.343
202206 2.192 149.784 2.357
202209 3.947 147.800 4.301
202212 3.980 150.207 4.267
202303 4.050 153.352 4.253
202306 4.838 154.519 5.043
202309 4.820 155.464 4.993
202312 4.889 157.148 5.010
202403 4.909 159.372 4.961
202406 4.419 161.052 4.419

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.


Localiza Rent A Car  (OTCPK:LZRFY) 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.


Localiza Rent A Car Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Localiza Rent A Car's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Localiza Rent A Car Business Description

Traded in Other Exchanges
Address
Avenida Bernardo Vasconcelo, No 377 - Cachoeirinha, Belo Horizonte, MG, BRA, 31150-900
Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its fleet to the general public, and offers a franchise model. Franchisees account for roughly half of Localize's car rental locations, while the majority of cars accessible with Localize are owned by the company. The fleet rental division has long-term agreements with companies that come up for renewal roughly every two to three years. The car rental segment delivers three-quarters of yearly revenue, and fleet rental makes up the rest, with an insignificant share contributed by the franchise management division.

Localiza Rent A Car Headlines

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