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Sociedad de Inversiones Oro Blanco (XSGO:ORO BLANCO) Cyclically Adjusted PB Ratio : 0.85 (As of Jun. 10, 2024)


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What is Sociedad de Inversiones Oro Blanco Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Sociedad de Inversiones Oro Blanco's current share price is CLP6.469. Sociedad de Inversiones Oro Blanco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CLP7.59. Sociedad de Inversiones Oro Blanco's Cyclically Adjusted PB Ratio for today is 0.85.

The historical rank and industry rank for Sociedad de Inversiones Oro Blanco's Cyclically Adjusted PB Ratio or its related term are showing as below:

XSGO:ORO BLANCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.82   Max: 1.36
Current: 0.85

During the past years, Sociedad de Inversiones Oro Blanco's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.23. And the median was 0.82.

XSGO:ORO BLANCO's Cyclically Adjusted PB Ratio is ranked better than
64.12% of 588 companies
in the Capital Markets industry
Industry Median: 1.19 vs XSGO:ORO BLANCO: 0.85

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.

Sociedad de Inversiones Oro Blanco's adjusted book value per share data for the three months ended in Mar. 2024 was CLP6.925. 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 CLP7.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sociedad de Inversiones Oro Blanco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sociedad de Inversiones Oro Blanco'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.

Sociedad de Inversiones Oro Blanco Cyclically Adjusted PB Ratio Chart

Sociedad de Inversiones Oro Blanco 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 - 0.37 0.57 0.91 0.93

Sociedad de Inversiones Oro Blanco 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 1.02 0.95 0.91 0.93 0.91

Competitive Comparison of Sociedad de Inversiones Oro Blanco's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Sociedad de Inversiones Oro Blanco'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.


Sociedad de Inversiones Oro Blanco's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sociedad de Inversiones Oro Blanco's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sociedad de Inversiones Oro Blanco's Cyclically Adjusted PB Ratio falls into.



Sociedad de Inversiones Oro Blanco 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.

Sociedad de Inversiones Oro Blanco's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.469/7.59
=0.85

* 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.

Sociedad de Inversiones Oro Blanco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sociedad de Inversiones Oro Blanco'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)
=6.925/146.1089*146.1089
=6.925

Current CPI (Mar. 2024) = 146.1089.

Sociedad de Inversiones Oro Blanco Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.563 95.543 6.978
201409 4.966 96.883 7.489
201412 4.991 97.515 7.478
201503 5.183 98.539 7.685
201506 5.172 99.770 7.574
201509 5.683 101.383 8.190
201512 5.733 101.775 8.230
201603 5.503 102.930 7.811
201606 5.433 103.965 7.635
201609 5.411 104.521 7.564
201612 5.530 104.532 7.730
201703 5.550 105.752 7.668
201706 5.588 105.730 7.722
201709 5.418 106.035 7.466
201712 5.289 106.907 7.228
201803 5.267 107.670 7.147
201806 5.707 108.421 7.691
201809 5.872 109.369 7.845
201812 6.203 109.653 8.265
201903 6.103 110.339 8.081
201906 6.133 111.352 8.047
201909 6.599 111.821 8.622
201912 6.681 112.943 8.643
202003 7.445 114.468 9.503
202006 7.262 114.283 9.284
202009 5.476 115.275 6.941
202012 5.083 116.299 6.386
202103 5.208 117.770 6.461
202106 5.521 118.630 6.800
202109 5.908 121.431 7.109
202112 6.059 124.634 7.103
202203 5.396 128.850 6.119
202206 6.553 133.448 7.175
202209 7.634 138.101 8.077
202212 7.508 140.574 7.804
202303 7.163 143.145 7.311
202306 6.570 143.538 6.688
202309 7.593 145.172 7.642
202312 7.555 146.109 7.555
202403 6.925 146.109 6.925

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.


Sociedad de Inversiones Oro Blanco  (XSGO:ORO BLANCO) 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.


Sociedad de Inversiones Oro Blanco Cyclically Adjusted PB Ratio Related Terms

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


Sociedad de Inversiones Oro Blanco (XSGO:ORO BLANCO) Business Description

Traded in Other Exchanges
N/A
Address
The Trovador 4285, Floor 11, Santiago, CHL
Website
Sociedad de Inversiones Oro Blanco SA operates as an investment company. The company, through its subsidiary, Pampa Calichera SA, invests in the shares and debenture bonds of Sociedad Quimica Minera de Chile SA.

Sociedad de Inversiones Oro Blanco (XSGO:ORO BLANCO) Headlines

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