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Ramada Investimentos e Industria (XLIS:RAM) Cyclically Adjusted Book per Share : €4.91 (As of Dec. 2023)


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What is Ramada Investimentos e Industria 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.

Ramada Investimentos e Industria's adjusted book value per share for the three months ended in Dec. 2023 was €4.828. 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 €4.91 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ramada Investimentos e Industria's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.20% 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 Ramada Investimentos e Industria was 11.20% per year. The lowest was 2.20% per year. And the median was 10.50% per year.

As of today (2024-06-06), Ramada Investimentos e Industria's current stock price is €6.44. Ramada Investimentos e Industria's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €4.91. Ramada Investimentos e Industria's Cyclically Adjusted PB Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ramada Investimentos e Industria was 2.51. The lowest was 0.77. And the median was 1.54.


Ramada Investimentos e Industria Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ramada Investimentos e Industria'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.

Ramada Investimentos e Industria Cyclically Adjusted Book per Share Chart

Ramada Investimentos e Industria 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 3.37 3.64 3.97 4.64 4.91

Ramada Investimentos e Industria 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 4.76 4.81 4.91 4.91 -

Competitive Comparison of Ramada Investimentos e Industria's Cyclically Adjusted Book per Share

For the Steel subindustry, Ramada Investimentos e Industria'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.


Ramada Investimentos e Industria's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ramada Investimentos e Industria's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ramada Investimentos e Industria's Cyclically Adjusted PB Ratio falls into.



Ramada Investimentos e Industria 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, Ramada Investimentos e Industria'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)
=4.828/118.0324*118.0324
=4.828

Current CPI (Dec. 2023) = 118.0324.

Ramada Investimentos e Industria Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.533 99.788 2.996
201406 2.488 99.967 2.938
201409 2.571 99.617 3.046
201412 2.693 99.723 3.187
201503 2.795 100.097 3.296
201506 2.750 100.769 3.221
201509 2.857 100.489 3.356
201512 3.018 100.119 3.558
201603 3.122 100.547 3.665
201606 3.031 101.319 3.531
201609 3.171 101.122 3.701
201612 3.377 100.998 3.947
201703 3.515 101.924 4.071
201706 3.397 102.240 3.922
201709 6.096 102.527 7.018
201712 6.333 102.479 7.294
201803 6.482 102.626 7.455
201806 6.037 103.790 6.865
201809 6.138 103.960 6.969
201812 5.075 103.159 5.807
201903 5.149 103.495 5.872
201906 4.621 104.192 5.235
201909 4.698 103.844 5.340
201912 4.788 103.592 5.455
202003 4.840 103.544 5.517
202006 4.887 104.323 5.529
202009 4.958 103.699 5.643
202012 5.060 103.354 5.779
202103 5.172 104.014 5.869
202106 4.701 104.852 5.292
202109 0.000 105.232 0.000
202112 5.051 106.191 5.614
202203 5.245 109.559 5.651
202206 4.842 114.003 5.013
202209 5.080 114.999 5.214
202212 5.231 116.377 5.305
202303 5.364 117.701 5.379
202306 4.621 117.872 4.627
202309 4.699 119.111 4.656
202312 4.828 118.032 4.828

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


Ramada Investimentos e Industria  (XLIS:RAM) 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.

Ramada Investimentos e Industria's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.44/4.91
=1.31

* 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 Ramada Investimentos e Industria was 2.51. The lowest was 0.77. And the median was 1.54.


Be Aware

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


Ramada Investimentos e Industria Cyclically Adjusted Book per Share Related Terms

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


Ramada Investimentos e Industria (XLIS:RAM) Business Description

Traded in Other Exchanges
Address
Rua Manuel Pinto de Azevedo, No. 818, Porto, PRT, 4100-320
Ramada Investimentos e Industria SA manufactures steel products. It operates in two different business segments, namely, the Industry Segment, which includes the special steel and drawing mill activities, as well as the activity related to the management of the Group's financial holdings in which the Group is a minority shareholder; and the Real Estate Segment, devoted to managing real estate assets, among which is a significant area of forested land. The company generates the majority of its revenue from the Industry segment.

Ramada Investimentos e Industria (XLIS:RAM) Headlines

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