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PagSeguro Digital (BSP:PAGS34) Cyclically Adjusted PB Ratio : 2.67 (As of May. 28, 2024)


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What is PagSeguro Digital Cyclically Adjusted PB Ratio?

As of today (2024-05-28), PagSeguro Digital's current share price is R$12.37. PagSeguro Digital's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was R$4.63. PagSeguro Digital's Cyclically Adjusted PB Ratio for today is 2.67.

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

BSP:PAGS34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.6   Med: 2.82   Max: 3.03
Current: 2.6

During the past 10 years, PagSeguro Digital's highest Cyclically Adjusted PB Ratio was 3.03. The lowest was 2.60. And the median was 2.82.

BSP:PAGS34's Cyclically Adjusted PB Ratio is ranked worse than
50.04% of 1357 companies
in the Software industry
Industry Median: 2.6 vs BSP:PAGS34: 2.60

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.

PagSeguro Digital's adjusted book value per share data of for the fiscal year that ended in Dec23 was R$8.384. 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$4.63 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


PagSeguro Digital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PagSeguro Digital'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.

PagSeguro Digital Cyclically Adjusted PB Ratio Chart

PagSeguro Digital 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 - - - - 2.65

PagSeguro Digital 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 - - - 2.65 -

Competitive Comparison of PagSeguro Digital's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, PagSeguro Digital'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.


PagSeguro Digital's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, PagSeguro Digital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PagSeguro Digital 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.

PagSeguro Digital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.37/4.63
=2.67

* 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.

PagSeguro Digital's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, PagSeguro Digital's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=8.384/157.1481*157.1481
=8.384

Current CPI (Dec23) = 157.1481.

PagSeguro Digital Annual Data

Book Value per Share CPI Adj_Book
201412 0.270 94.194 0.450
201512 0.351 104.247 0.529
201612 0.478 110.802 0.678
201712 0.661 114.068 0.911
201812 4.003 118.340 5.316
201912 4.869 123.436 6.199
202012 5.665 129.012 6.900
202112 6.405 141.992 7.089
202212 7.304 150.207 7.642
202312 8.384 157.148 8.384

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.


PagSeguro Digital  (BSP:PAGS34) 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.


PagSeguro Digital Cyclically Adjusted PB Ratio Related Terms

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


PagSeguro Digital (BSP:PAGS34) Business Description

Traded in Other Exchanges
Address
Avenue Brigadeiro Faria Lima, 1384, 4th Floor, Parte A, Sao Paulo, SP, BRA, 01451-001
PagSeguro Digital Ltd is a Brazilian-based company that acts as a provider of financial technology solutions focused primarily on Micro-Merchants, Small Companies and Medium-Sized Companies (SMEs), in Brazil. The company provides a range of solutions and tools such as cash-in and cash-out options and provides access to working capital to help to manage its cash flow. It delivers an end-to-end digital ecosystem to address day-to-day financial needs, including receiving and spending funds and managing and growing businesses for clients. The company also offers the Free PagSeguro Digital Account delivering Cash-In Solutions, Online and In-Person Payment Tools, Online Payment Tools; and Web Check Outs offer tokenization, handling of shipping information, and others.

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