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Companhia Brasileira De Distribuicao (BSP:PCAR3) Cyclically Adjusted PB Ratio : 0.06 (As of Jun. 04, 2024)


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What is Companhia Brasileira De Distribuicao Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Companhia Brasileira De Distribuicao's current share 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 for today is 0.06.

The historical rank and industry rank for Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:PCAR3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.26   Max: 0.81
Current: 0.06

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

BSP:PCAR3's Cyclically Adjusted PB Ratio is ranked better than
98% of 751 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs BSP:PCAR3: 0.06

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia Brasileira De Distribuicao Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Companhia Brasileira De Distribuicao'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.

Companhia Brasileira De Distribuicao Cyclically Adjusted PB Ratio Chart

Companhia Brasileira De Distribuicao 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 0.24 0.20 0.39 0.29 -

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 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 0.25 0.32 0.06 0.07 -

Competitive Comparison of Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio

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 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.

Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio for 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.

Companhia Brasileira De Distribuicao's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


Companhia Brasileira De Distribuicao  (BSP:PCAR3) 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.


Companhia Brasileira De Distribuicao Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio 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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