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ATMA Participacoes (BSP:ATMP3) Cyclically Adjusted Book per Share : R$28.68 (As of Dec. 2023)


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What is ATMA Participacoes 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.

ATMA Participacoes's adjusted book value per share for the three months ended in Dec. 2023 was R$10.859. 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$28.68 for the trailing ten years ended in Dec. 2023.

During the past 12 months, ATMA Participacoes's average Cyclically Adjusted Book Growth Rate was -24.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -69.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -61.40% 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 ATMA Participacoes was -46.80% per year. The lowest was -71.30% per year. And the median was -69.00% per year.

As of today (2024-06-02), ATMA Participacoes's current stock price is R$2.38. ATMA Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$28.68. ATMA Participacoes's Cyclically Adjusted PB Ratio of today is 0.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ATMA Participacoes was 0.16. The lowest was 0.01. And the median was 0.02.


ATMA Participacoes Cyclically Adjusted Book per Share Historical Data

The historical data trend for ATMA Participacoes'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.

ATMA Participacoes Cyclically Adjusted Book per Share Chart

ATMA Participacoes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,604.16 965.97 277.22 37.87 28.68

ATMA Participacoes Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 48.32 37.87 27.88 28.18 28.68

Competitive Comparison of ATMA Participacoes's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, ATMA 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.


ATMA Participacoes's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ATMA Participacoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ATMA Participacoes 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, ATMA Participacoes's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.859/157.1481*157.1481
=10.859

Current CPI (Dec. 2023) = 157.1481.

ATMA Participacoes Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.953 88.522 3.467
201403 1.879 90.447 3.265
201406 3,862.553 91.838 6,609.401
201409 207.736 92.602 352.535
201412 172.110 94.194 287.140
201503 183.252 97.799 294.457
201506 174.897 100.006 274.830
201509 151.857 101.392 235.364
201512 51.436 104.247 77.538
201603 30.786 106.979 45.224
201606 155.373 108.851 224.313
201609 250.159 109.986 357.427
201612 -320.073 110.802 -453.953
201703 -474.951 111.869 -667.187
201706 -1,204.794 112.115 -1,688.730
201709 -1,992.372 112.777 -2,776.248
201712 -3,146.856 114.068 -4,335.338
201803 895.031 114.868 1,224.469
201806 335.271 117.038 450.173
201809 276.994 117.881 369.262
201812 159.821 118.340 212.232
201903 69.241 120.124 90.582
201906 25.853 120.977 33.583
201909 -4.453 121.292 -5.769
201912 -58.857 123.436 -74.931
202003 0.148 124.092 0.187
202006 -1.051 123.557 -1.337
202009 -3.220 125.095 -4.045
202012 6.777 129.012 8.255
202103 5.353 131.660 6.389
202106 7.956 133.871 9.339
202109 7.220 137.913 8.227
202112 5.787 141.992 6.405
202203 2.853 146.537 3.060
202206 -6.130 149.784 -6.431
202209 -10.299 147.800 -10.950
202212 -11.230 150.207 -11.749
202303 -13.184 153.352 -13.510
202309 -0.628 155.464 -0.635
202312 10.859 157.148 10.859

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


ATMA Participacoes  (BSP:ATMP3) 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.

ATMA Participacoes's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.38/28.68
=0.08

* 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 ATMA Participacoes was 0.16. The lowest was 0.01. And the median was 0.02.


Be Aware

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


ATMA Participacoes Cyclically Adjusted Book per Share Related Terms

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


ATMA Participacoes (BSP:ATMP3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Alegria, 96 - 2 andar, Sao Paulo, BRA
ATMA Participacoes SA is a provider of business services. Its core business is that of BPO and contact centers. Its secondary services comprise of Technology and Trade marketing. Under the technology wing, Contax offers software, management of IT and communications and under trade marketing, it provides promotional and incentive marketing and sales services. Apart from its major business location, Brazil, the company also derives revenues from operations in Argentina, Spain, Peru and Columbia.

ATMA Participacoes (BSP:ATMP3) Headlines

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