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Companhia Deneamento Basico Do Estado Deo Paulo (Companhia Deneamento Basico Do Estado Deo Paulo) Cyclically Adjusted PB Ratio : 2.20 (As of Apr. 27, 2024)


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What is Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Companhia Deneamento Basico Do Estado Deo Paulo's current share price is $16.00. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $7.27. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio for today is 2.20.

The historical rank and industry rank for Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio or its related term are showing as below:

SBS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.36   Max: 2.48
Current: 2.26

During the past years, Companhia Deneamento Basico Do Estado Deo Paulo's highest Cyclically Adjusted PB Ratio was 2.48. The lowest was 0.66. And the median was 1.36.

SBS's Cyclically Adjusted PB Ratio is ranked worse than
73.18% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs SBS: 2.26

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.

Companhia Deneamento Basico Do Estado Deo Paulo's adjusted book value per share data for the three months ended in Sep. 2023 was $8.767. 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 $7.27 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Companhia Deneamento Basico Do Estado Deo Paulo'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.

Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PB Ratio Chart

Companhia Deneamento Basico Do Estado Deo Paulo Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 2.29 1.58 1.26 1.65

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.46 1.65 1.42 1.57 1.67

Competitive Comparison of Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Water subindustry, Companhia Deneamento Basico Do Estado Deo Paulo'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.


Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio falls into.



Companhia Deneamento Basico Do Estado Deo Paulo 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.

Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.00/7.27
=2.20

* 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.

Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Companhia Deneamento Basico Do Estado Deo Paulo's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=8.767/155.4635*155.4635
=8.767

Current CPI (Sep. 2023) = 155.4635.

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data

Book Value per Share CPI Adj_Book
201312 8.060 88.522 14.155
201403 8.437 90.447 14.502
201406 8.943 91.838 15.139
201409 8.611 92.602 14.457
201412 7.368 94.194 12.161
201503 6.344 97.799 10.085
201506 6.553 100.006 10.187
201509 5.007 101.392 7.677
201512 5.171 104.247 7.712
201603 5.675 106.979 8.247
201606 6.467 108.851 9.236
201609 6.982 109.986 9.869
201612 6.726 110.802 9.437
201703 7.529 111.869 10.463
201706 7.264 112.115 10.073
201709 8.063 112.777 11.115
201712 7.776 114.068 10.598
201803 8.073 114.868 10.926
201806 7.070 117.038 9.391
201809 6.690 117.881 8.823
201812 7.366 118.340 9.677
201903 7.694 120.124 9.958
201906 7.814 120.977 10.041
201909 7.743 121.292 9.924
201912 7.712 123.436 9.713
202003 6.281 124.092 7.869
202006 5.999 123.557 7.548
202009 5.878 125.095 7.305
202012 6.482 129.012 7.811
202103 6.047 131.660 7.140
202106 6.994 133.871 8.122
202109 6.792 137.913 7.656
202112 6.450 141.992 7.062
202203 7.617 146.537 8.081
202206 7.615 149.784 7.904
202209 7.632 147.800 8.028
202212 7.624 150.207 7.891
202303 7.888 153.352 7.997
202306 8.665 154.519 8.718
202309 8.767 155.464 8.767

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.


Companhia Deneamento Basico Do Estado Deo Paulo  (NYSE:SBS) 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.


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PB Ratio Related Terms

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Companhia Deneamento Basico Do Estado Deo Paulo (Companhia Deneamento Basico Do Estado Deo Paulo) Business Description

Traded in Other Exchanges
Address
Rua Costa Carvalho, 300, Sao Paulo, SP, BRA, 05429-900
Companhia De Saneamento Basico Do Estado De Sao Paulo is Brazilian water and waste management company. SABESP is one of the largest waste management companies in the world, and the state of Sao Paulo is the company's majority stakeholder. The company generates revenue through exclusive long-term agreements with municipal governments. It is not uncommon for SABESP to serve the vast majority of the market. The company operates in a single segment, which is Sanitation services.

Companhia Deneamento Basico Do Estado Deo Paulo (Companhia Deneamento Basico Do Estado Deo Paulo) Headlines