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Suzano (Suzano) Cyclically Adjusted PB Ratio : 2.90 (As of May. 22, 2024)


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What is Suzano Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Suzano's current share price is $9.60. Suzano's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.31. Suzano's Cyclically Adjusted PB Ratio for today is 2.90.

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

SUZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.65   Med: 3.27   Max: 5.07
Current: 2.97

During the past years, Suzano's highest Cyclically Adjusted PB Ratio was 5.07. The lowest was 1.65. And the median was 3.27.

SUZ's Cyclically Adjusted PB Ratio is ranked worse than
90.45% of 220 companies
in the Forest Products industry
Industry Median: 0.89 vs SUZ: 2.97

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.

Suzano's adjusted book value per share data for the three months ended in Mar. 2024 was $6.979. 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 $3.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Suzano Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Suzano'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.

Suzano Cyclically Adjusted PB Ratio Chart

Suzano 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 2.40 3.90 4.44 3.50 3.50

Suzano 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 2.90 2.98 3.55 3.50 3.87

Competitive Comparison of Suzano's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Suzano'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.


Suzano's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

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

* The bar in red indicates where Suzano's Cyclically Adjusted PB Ratio falls into.



Suzano 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.

Suzano's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.60/3.31
=2.90

* 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.

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

For example, Suzano'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)
=6.979/159.3724*159.3724
=6.979

Current CPI (Mar. 2024) = 159.3724.

Suzano Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.479 91.838 7.773
201409 4.140 92.602 7.125
201412 3.593 94.194 6.079
201503 2.795 97.799 4.555
201506 2.911 100.006 4.639
201509 2.094 101.392 3.291
201512 2.176 104.247 3.327
201603 2.558 106.979 3.811
201606 2.938 108.851 4.302
201609 3.104 109.986 4.498
201612 2.774 110.802 3.990
201703 3.104 111.869 4.422
201706 3.009 112.115 4.277
201709 3.393 112.777 4.795
201712 3.229 114.068 4.511
201803 3.473 114.868 4.819
201806 2.595 117.038 3.534
201809 2.366 117.881 3.199
201812 2.797 118.340 3.767
201903 3.904 120.124 5.180
201906 3.905 120.977 5.144
201909 3.044 121.292 4.000
201912 3.245 123.436 4.190
202003 0.690 124.092 0.886
202006 0.356 123.557 0.459
202009 0.183 125.095 0.233
202012 1.042 129.012 1.287
202103 0.586 131.660 0.709
202106 2.135 133.871 2.542
202109 1.898 137.913 2.193
202112 1.976 141.992 2.218
202203 3.765 146.537 4.095
202206 3.566 149.784 3.794
202209 4.071 147.800 4.390
202212 4.814 150.207 5.108
202303 5.609 153.352 5.829
202306 6.793 154.519 7.006
202309 6.558 155.464 6.723
202312 7.074 157.148 7.174
202403 6.979 159.372 6.979

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.


Suzano  (NYSE:SUZ) 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.


Suzano Cyclically Adjusted PB Ratio Related Terms

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


Suzano (Suzano) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Professor Magalhaes Neto, No. 1,752, 10th Floor, Rooms 1010 and 1011, Salvador, BA, BRA, 41810-011
Suzano SA produces and sells pulp and a variety of paper products. The company organizes itself into two segments based on product type: Pulp and Paper. The Pulp segment generates the majority of revenue. The firm's product portfolio includes printing and writing paper, paperboard, diapers, and sanitary napkins. The company owns forest land and plants in Brazil, where it harvests timber and turns the timber into pulp and paper in its plants. More revenue comes from Europe than any other geographic area.