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Vulcabras (BSP:VULC3) Cyclically Adjusted PB Ratio : 3.72 (As of Jun. 05, 2024)


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What is Vulcabras Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Vulcabras's current share price is R$14.76. Vulcabras's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$3.97. Vulcabras's Cyclically Adjusted PB Ratio for today is 3.72.

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

BSP:VULC3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 3.18   Max: 6.17
Current: 3.77

During the past years, Vulcabras's highest Cyclically Adjusted PB Ratio was 6.17. The lowest was 1.13. And the median was 3.18.

BSP:VULC3's Cyclically Adjusted PB Ratio is ranked worse than
85.2% of 784 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs BSP:VULC3: 3.77

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.

Vulcabras's adjusted book value per share data for the three months ended in Dec. 2023 was R$8.029. 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$3.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vulcabras Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vulcabras'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.

Vulcabras Cyclically Adjusted PB Ratio Chart

Vulcabras 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 2.91 2.85 3.54 4.00 5.01

Vulcabras 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 3.55 4.89 5.20 5.01 -

Competitive Comparison of Vulcabras's Cyclically Adjusted PB Ratio

For the Footwear & Accessories subindustry, Vulcabras'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.


Vulcabras's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vulcabras's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vulcabras 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.

Vulcabras's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.76/3.97
=3.72

* 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.

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

For example, Vulcabras'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)
=8.029/157.1481*157.1481
=8.029

Current CPI (Dec. 2023) = 157.1481.

Vulcabras Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.433 90.447 0.752
201406 0.189 91.838 0.323
201409 0.235 92.602 0.399
201412 0.324 94.194 0.541
201503 0.323 97.799 0.519
201506 0.213 100.006 0.335
201509 0.385 101.392 0.597
201512 0.189 104.247 0.285
201603 0.141 106.979 0.207
201606 0.129 108.851 0.186
201609 0.000 109.986 0.000
201612 0.275 110.802 0.390
201703 0.410 111.869 0.576
201706 0.689 112.115 0.966
201709 1.037 112.777 1.445
201712 3.149 114.068 4.338
201803 3.285 114.868 4.494
201806 3.429 117.038 4.604
201809 3.596 117.881 4.794
201812 3.779 118.340 5.018
201903 3.885 120.124 5.082
201906 4.005 120.977 5.202
201909 4.186 121.292 5.423
201912 4.365 123.436 5.557
202003 4.431 124.092 5.611
202006 4.133 123.557 5.257
202009 4.305 125.095 5.408
202012 4.517 129.012 5.502
202103 4.590 131.660 5.479
202106 4.947 133.871 5.807
202109 5.117 137.913 5.831
202112 5.445 141.992 6.026
202203 5.642 146.537 6.051
202206 6.068 149.784 6.366
202209 6.472 147.800 6.881
202212 6.885 150.207 7.203
202303 7.213 153.352 7.392
202306 7.620 154.519 7.750
202309 7.991 155.464 8.078
202312 8.029 157.148 8.029

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.


Vulcabras  (BSP:VULC3) 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.


Vulcabras Cyclically Adjusted PB Ratio Related Terms

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


Vulcabras (BSP:VULC3) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Antonio Frederico Ozanan, 1440, Grama, Jundiai, SP, BRA, 13219-001
Vulcabras SA is a Brazil-based company engaged in trading and production of apparel and accessories products, particularly sportswear, male, female and professional footwear. It manages brands like Azaleia, Dijean, Olk, Olympikus, among others. It distributes its products in Brazil as well as foreign markets. The company generates a vast majority of its revenue from the sales of Athletic footwear in Brazil.

Vulcabras (BSP:VULC3) Headlines

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