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BB Seguridade Participacoes (BSP:BBSE3) Cyclically Adjusted PB Ratio : 5.84 (As of Jun. 03, 2024)


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What is BB Seguridade Participacoes Cyclically Adjusted PB Ratio?

As of today (2024-06-03), BB Seguridade Participacoes's current share price is R$32.30. BB Seguridade Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$5.53. BB Seguridade Participacoes's Cyclically Adjusted PB Ratio for today is 5.84.

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

BSP:BBSE3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.66   Med: 5.48   Max: 6.76
Current: 5.84

During the past years, BB Seguridade Participacoes's highest Cyclically Adjusted PB Ratio was 6.76. The lowest was 3.66. And the median was 5.48.

BSP:BBSE3's Cyclically Adjusted PB Ratio is ranked worse than
93.29% of 417 companies
in the Insurance industry
Industry Median: 1.18 vs BSP:BBSE3: 5.84

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.

BB Seguridade Participacoes's adjusted book value per share data for the three months ended in Mar. 2024 was R$6.108. 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$5.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BB Seguridade Participacoes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BB Seguridade Participacoes'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.

BB Seguridade Participacoes Cyclically Adjusted PB Ratio Chart

BB Seguridade Participacoes 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 - - 3.93 6.12 6.06

BB Seguridade Participacoes 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 5.80 5.48 5.53 6.06 5.88

Competitive Comparison of BB Seguridade Participacoes's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, BB Seguridade Participacoes'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.


BB Seguridade Participacoes's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, BB Seguridade Participacoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BB Seguridade Participacoes 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.

BB Seguridade Participacoes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.30/5.53
=5.84

* 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.

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

For example, BB Seguridade Participacoes'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)
=6.108/159.3724*159.3724
=6.108

Current CPI (Mar. 2024) = 159.3724.

BB Seguridade Participacoes Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.352 91.838 11.023
201409 3.626 92.602 6.241
201412 3.962 94.194 6.704
201503 3.880 97.799 6.323
201506 3.622 100.006 5.772
201509 4.124 101.392 6.482
201512 3.794 104.247 5.800
201603 4.270 106.979 6.361
201606 4.000 108.851 5.857
201609 4.498 109.986 6.518
201612 4.152 110.802 5.972
201703 4.653 111.869 6.629
201706 4.349 112.115 6.182
201709 4.953 112.777 6.999
201712 4.457 114.068 6.227
201803 4.906 114.868 6.807
201806 4.641 117.038 6.320
201809 5.076 117.881 6.863
201812 3.421 118.340 4.607
201903 3.903 120.124 5.178
201906 3.566 120.977 4.698
201909 5.294 121.292 6.956
201912 2.629 123.436 3.394
202003 3.053 124.092 3.921
202006 2.679 123.557 3.456
202009 3.184 125.095 4.056
202012 3.200 129.012 3.953
202103 3.588 131.660 4.343
202106 3.454 133.871 4.112
202109 3.897 137.913 4.503
202112 3.740 141.992 4.198
202203 4.230 146.537 4.601
202206 3.891 149.784 4.140
202209 4.738 147.800 5.109
202212 4.025 150.207 4.271
202303 5.032 153.352 5.230
202306 4.479 154.519 4.620
202309 5.356 155.464 5.491
202312 4.966 157.148 5.036
202403 6.108 159.372 6.108

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.


BB Seguridade Participacoes  (BSP:BBSE3) 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.


BB Seguridade Participacoes Cyclically Adjusted PB Ratio Related Terms

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


BB Seguridade Participacoes (BSP:BBSE3) Business Description

Traded in Other Exchanges
Address
Quadra 05, Lot B, 3rd Floor Torre Sul, Banco do Brasil Building, Asa Norte, Brasilia, DF, BRA
BB Seguridade Participacoes SA is a diversified insurance company that operates two segments: insurance and brokerage. The revenue generation is mostly split between these two segments. Its insurance segment focuses on life, property, vehicle, and special-risk insurance. It also provides capitalization plans as well as reinsurance. The company's brokerage segment operates the facilitation of business insurance and reinsurance. BB Seguridade generates its revenue in Brazil. The company considers mergers and acquisitions as a component of its operational growth strategy.

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