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Companhia Brasileira De Distribuicao (BSP:PCAR3) Cyclically Adjusted Book per Share : R$50.35 (As of Dec. 2023)


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What is Companhia Brasileira De Distribuicao 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.

Companhia Brasileira De Distribuicao's adjusted book value per share for the three months ended in Dec. 2023 was R$15.640. 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$50.35 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Companhia Brasileira De Distribuicao's average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 Companhia Brasileira De Distribuicao was 11.40% per year. The lowest was 2.10% per year. And the median was 5.65% per year.

As of today (2024-06-05), Companhia Brasileira De Distribuicao's current stock price is R$2.95. Companhia Brasileira De Distribuicao's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$50.35. Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio of today is 0.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Companhia Brasileira De Distribuicao was 0.81. The lowest was 0.05. And the median was 0.26.


Companhia Brasileira De Distribuicao Cyclically Adjusted Book per Share Historical Data

The historical data trend for Companhia Brasileira De Distribuicao'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.

Companhia Brasileira De Distribuicao Cyclically Adjusted Book per Share Chart

Companhia Brasileira De Distribuicao 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 43.36 45.10 49.28 51.16 -

Companhia Brasileira De Distribuicao Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 51.75 51.65 50.91 50.35 -

Competitive Comparison of Companhia Brasileira De Distribuicao's Cyclically Adjusted Book per Share

For the Department Stores subindustry, Companhia Brasileira De Distribuicao'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 Brasileira De Distribuicao's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio falls into.



Companhia Brasileira De Distribuicao 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, Companhia Brasileira De Distribuicao'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)
=15.64/157.1481*157.1481
=15.640

Current CPI (Dec. 2023) = 157.1481.

Companhia Brasileira De Distribuicao Quarterly Data

Book Value per Share CPI Adj_Book
201403 35.271 90.447 61.282
201406 36.109 91.838 61.788
201409 36.964 92.602 62.729
201412 37.826 94.194 63.107
201503 38.900 97.799 62.506
201506 38.971 100.006 61.238
201509 37.768 101.392 58.537
201512 37.328 104.247 56.270
201603 37.622 106.979 55.265
201606 36.460 108.851 52.637
201609 36.146 109.986 51.645
201612 35.234 110.802 49.972
201703 35.998 111.869 50.568
201706 36.613 112.115 51.320
201709 36.697 112.777 51.135
201712 33.753 114.068 46.501
201803 37.187 114.868 50.875
201806 38.607 117.038 51.838
201809 38.714 117.881 51.610
201812 36.775 118.340 48.835
201903 37.352 120.124 48.865
201906 38.552 120.977 50.079
201909 38.903 121.292 50.403
201912 39.150 123.436 49.842
202003 37.607 124.092 47.625
202006 42.001 123.557 53.420
202009 43.709 125.095 54.909
202012 45.723 129.012 55.695
202103 46.765 131.660 55.818
202106 42.230 133.871 49.573
202109 44.085 137.913 50.234
202112 45.383 141.992 50.227
202203 47.488 146.537 50.927
202206 47.443 149.784 49.776
202209 44.974 147.800 47.819
202212 38.106 150.207 39.867
202303 37.937 153.352 38.876
202306 37.201 154.519 37.834
202309 16.631 155.464 16.811
202312 15.640 157.148 15.640

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


Companhia Brasileira De Distribuicao  (BSP:PCAR3) 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.

Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.95/50.35
=0.06

* 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 Companhia Brasileira De Distribuicao was 0.81. The lowest was 0.05. And the median was 0.26.


Be Aware

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


Companhia Brasileira De Distribuicao Cyclically Adjusted Book per Share Related Terms

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


Companhia Brasileira De Distribuicao (BSP:PCAR3) Business Description

Traded in Other Exchanges
Address
Avenida Brigadeiro Luiz Antonio, 3142, Sao Paulo, SP, BRA, 01402-901
Companhia Brasileira De Distribuicao, or GPA, is part of Casino Group, a Brazilian retail and distribution group. The company has a multichannel, multiformat, and multiregional approach. It operates in Latin America. GPA operates various store concepts under different names: MultiVarejo (Pao de Acucar, Extra and Proximity units), Assai Atacadista, Via Varejo, GPA Malls, and Cnova. The firm's specialties include supermarkets, hypermarkets, electronics and household appliances, convenience stores, its cash-and-carry segment, and e-commerce operations.

Companhia Brasileira De Distribuicao (BSP:PCAR3) Headlines

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