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Estoril-Sol SGPS (XLIS:ESON) Cyclically Adjusted PB Ratio : 0.76 (As of May. 23, 2024)


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What is Estoril-Sol SGPS Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Estoril-Sol SGPS's current share price is €6.40. Estoril-Sol SGPS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €8.38. Estoril-Sol SGPS's Cyclically Adjusted PB Ratio for today is 0.76.

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

XLIS:ESON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.34   Max: 1.86
Current: 0.84

During the past 13 years, Estoril-Sol SGPS's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.68. And the median was 1.34.

XLIS:ESON's Cyclically Adjusted PB Ratio is ranked better than
63.82% of 597 companies
in the Travel & Leisure industry
Industry Median: 1.41 vs XLIS:ESON: 0.84

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.

Estoril-Sol SGPS's adjusted book value per share data of for the fiscal year that ended in Dec23 was €10.653. 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 €8.38 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Estoril-Sol SGPS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Estoril-Sol SGPS'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.

Estoril-Sol SGPS Cyclically Adjusted PB Ratio Chart

Estoril-Sol SGPS 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 1.30 0.75 0.81 0.76 0.85

Estoril-Sol SGPS Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.81 - 0.76 - 0.85

Competitive Comparison of Estoril-Sol SGPS's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Estoril-Sol SGPS'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.


Estoril-Sol SGPS's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Estoril-Sol SGPS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Estoril-Sol SGPS's Cyclically Adjusted PB Ratio falls into.



Estoril-Sol SGPS 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.

Estoril-Sol SGPS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.40/8.38
=0.76

* 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.

Estoril-Sol SGPS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Estoril-Sol SGPS's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=10.653/118.0324*118.0324
=10.653

Current CPI (Dec23) = 118.0324.

Estoril-Sol SGPS Annual Data

Book Value per Share CPI Adj_Book
201412 5.568 99.723 6.590
201512 5.919 100.119 6.978
201612 6.419 100.998 7.502
201712 6.978 102.479 8.037
201812 7.746 103.159 8.863
201912 8.139 103.592 9.274
202012 6.438 103.354 7.352
202112 7.405 106.191 8.231
202212 10.178 116.377 10.323
202312 10.653 118.032 10.653

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.


Estoril-Sol SGPS  (XLIS:ESON) 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.


Estoril-Sol SGPS Cyclically Adjusted PB Ratio Related Terms

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


Estoril-Sol SGPS (XLIS:ESON) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Stanley Ho Avenue, Casino Estoril Building, Cascais, Estoril, PRT, 2765-190
Estoril-Sol SGPS SA operates a gambling concession, on an exclusive basis in the Estoril permanent area, including other related trade and industries. The company's segments include Estoril Game Zone; Povoa Game Zone; Online Casino and others. It generates maximum revenue from the Estoril Game Zone segment.

Estoril-Sol SGPS (XLIS:ESON) Headlines

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