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BRB Banco de Brasilia (BSP:BSLI3) Cyclically Adjusted Book per Share : R$9.34 (As of Sep. 2023)


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What is BRB Banco de Brasilia Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

BRB Banco de Brasilia's adjusted book value per share for the three months ended in Sep. 2023 was R$6.471. 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 R$9.34 for the trailing ten years ended in Sep. 2023.

During the past 12 months, BRB Banco de Brasilia's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of BRB Banco de Brasilia was 8.10% per year. The lowest was 8.10% per year. And the median was 8.10% per year.

As of today (2024-06-05), BRB Banco de Brasilia's current stock price is R$9.90. BRB Banco de Brasilia's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was R$9.34. BRB Banco de Brasilia's Cyclically Adjusted PB Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BRB Banco de Brasilia was 12.82. The lowest was 0.54. And the median was 1.81.


BRB Banco de Brasilia Cyclically Adjusted Book per Share Historical Data

The historical data trend for BRB Banco de Brasilia's Cyclically Adjusted Book per Share 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.

BRB Banco de Brasilia Cyclically Adjusted Book per Share Chart

BRB Banco de Brasilia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.08 7.41 8.34 8.94

BRB Banco de Brasilia Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted Book per Share 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 8.77 8.94 9.15 9.25 9.34

Competitive Comparison of BRB Banco de Brasilia's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, BRB Banco de Brasilia'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.


BRB Banco de Brasilia's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BRB Banco de Brasilia's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where BRB Banco de Brasilia's Cyclically Adjusted PB Ratio falls into.



BRB Banco de Brasilia Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, BRB Banco de Brasilia'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)
=6.471/155.4635*155.4635
=6.471

Current CPI (Sep. 2023) = 155.4635.

BRB Banco de Brasilia Quarterly Data

Book Value per Share CPI Adj_Book
201312 3.106 88.522 5.455
201403 30.352 90.447 52.170
201406 3.283 91.838 5.557
201409 31.235 92.602 52.439
201412 3.395 94.194 5.603
201503 32.541 97.799 51.728
201506 0.000 100.006 0.000
201509 3.618 101.392 5.547
201512 3.205 104.247 4.780
201603 3.520 106.979 5.115
201606 3.185 108.851 4.549
201609 3.511 109.986 4.963
201612 3.421 110.802 4.800
201703 3.469 111.869 4.821
201706 3.523 112.115 4.885
201709 3.661 112.777 5.047
201712 3.682 114.068 5.018
201803 3.922 114.868 5.308
201806 4.038 117.038 5.364
201809 4.194 117.881 5.531
201812 3.978 118.340 5.226
201903 4.169 120.124 5.396
201906 4.371 120.977 5.617
201909 4.501 121.292 5.769
201912 5.062 123.436 6.375
202003 5.128 124.092 6.424
202006 5.420 123.557 6.820
202009 5.685 125.095 7.065
202012 5.763 129.012 6.945
202103 5.420 131.660 6.400
202106 5.636 133.871 6.545
202109 5.989 137.913 6.751
202112 6.202 141.992 6.790
202203 5.735 146.537 6.084
202206 6.385 149.784 6.627
202209 5.591 147.800 5.881
202212 5.842 150.207 6.046
202303 5.989 153.352 6.071
202306 6.310 154.519 6.349
202309 6.471 155.464 6.471

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


BRB Banco de Brasilia  (BSP:BSLI3) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

BRB Banco de Brasilia's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.90/9.34
=1.06

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BRB Banco de Brasilia was 12.82. The lowest was 0.54. And the median was 1.81.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


BRB Banco de Brasilia Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of BRB Banco de Brasilia's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


BRB Banco de Brasilia (BSP:BSLI3) Business Description

Industry
Traded in Other Exchanges
Address
Sbs Q.1, Bloco E/ed.brasilia, 4 A, Brasilia, DF, BRA, 70072900
BRB Banco de Brasilia SA provides commercial banking products and solutions to individuals and corporates. The company offers current accounts, loans and financing facilities, investment products, and debit and prepaid cards. It also offers insurance products, such as company, car, residence, life, and condominium insurance.

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