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Americanas (Americanas) Cyclically Adjusted PB Ratio : (As of Jun. 11, 2024)


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What is Americanas Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Americanas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Americanas'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.

Americanas Cyclically Adjusted PB Ratio Chart

Americanas Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.71 6.68 7.38 2.81 0.85

Americanas Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.41 0.85 0.10 0.12 0.11

Competitive Comparison of Americanas's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, Americanas'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.


Americanas's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Americanas 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.

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

For example, Americanas's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-14.01/155.4635*155.4635
=-14.010

Current CPI (Sep. 2023) = 155.4635.

Americanas Quarterly Data

Book Value per Share CPI Adj_Book
201312 3.938 88.522 6.916
201403 3.705 90.447 6.368
201406 11.794 91.838 19.965
201409 9.785 92.602 16.427
201412 8.731 94.194 14.410
201503 7.228 97.799 11.490
201506 7.122 100.006 11.071
201509 5.455 101.392 8.364
201512 5.186 104.247 7.734
201603 5.180 106.979 7.528
201606 6.567 108.851 9.379
201609 5.458 109.986 7.715
201612 5.128 110.802 7.195
201703 6.700 111.869 9.311
201706 5.273 112.115 7.312
201709 5.426 112.777 7.480
201712 5.119 114.068 6.977
201803 4.998 114.868 6.764
201806 4.226 117.038 5.613
201809 3.757 117.881 4.955
201812 3.903 118.340 5.127
201903 3.771 120.124 4.880
201906 3.620 120.977 4.652
201909 5.913 121.292 7.579
201912 5.293 123.436 6.666
202003 4.367 124.092 5.471
202006 4.056 123.557 5.103
202009 6.276 125.095 7.800
202012 -2.905 129.012 -3.501
202103 5.818 131.660 6.870
202106 6.918 133.871 8.034
202109 6.575 137.913 7.412
202112 -4.938 141.992 -5.406
202203 6.846 146.537 7.263
202206 6.659 149.784 6.912
202209 6.222 147.800 6.545
202212 -11.280 150.207 -11.675
202303 -12.047 153.352 -12.213
202306 -13.443 154.519 -13.525
202309 -14.010 155.464 -14.010

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.


Americanas  (OTCPK:BTOOQ) 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.


Americanas Cyclically Adjusted PB Ratio Related Terms

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


Americanas (Americanas) Business Description

Traded in Other Exchanges
Address
Rua Sacadura Cabral, 102, Rio de Janeiro, RJ, BRA, 20081-902
Americanas SA is an e-commerce company that is principally engaged in business in Latin America. It aims to connect consumers, businesses, products, and services through a digital platform. It operates a business through the brands Americanas.com, Submarino, Shoptime, SouBarato, Digital Finance, Submarino Finance, and B2W Services. It also has certain channels, including the Internet, telesales, catalogs, TV, and kiosks. Through multichannel and multi-brand, the company provides a broad range of merchandise and services, including consumer electronics, computers, books, entertainment products, and smartphones and cellphones.

Americanas (Americanas) Headlines