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IRSA Inversiones y Representaciones (BUE:IRSA) Cyclically Adjusted PB Ratio : 6.69 (As of Jun. 08, 2024)


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What is IRSA Inversiones y Representaciones Cyclically Adjusted PB Ratio?

As of today (2024-06-08), IRSA Inversiones y Representaciones's current share price is ARS1285.10. IRSA Inversiones y Representaciones's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS192.10. IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio for today is 6.69.

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

BUE:IRSA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 3.21   Max: 7.14
Current: 6.69

During the past years, IRSA Inversiones y Representaciones's highest Cyclically Adjusted PB Ratio was 7.14. The lowest was 1.15. And the median was 3.21.

BUE:IRSA's Cyclically Adjusted PB Ratio is ranked worse than
97.05% of 1389 companies
in the Real Estate industry
Industry Median: 0.71 vs BUE:IRSA: 6.69

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.

IRSA Inversiones y Representaciones's adjusted book value per share data for the three months ended in Mar. 2024 was ARS1,210.109. 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 ARS192.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IRSA Inversiones y Representaciones Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IRSA Inversiones y Representaciones'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.

IRSA Inversiones y Representaciones Cyclically Adjusted PB Ratio Chart

IRSA Inversiones y Representaciones Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 1.11 1.56 1.35 4.00

IRSA Inversiones y Representaciones 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 2.60 4.00 4.71 5.40 5.32

Competitive Comparison of IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, IRSA Inversiones y Representaciones'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.


IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio falls into.



IRSA Inversiones y Representaciones 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.

IRSA Inversiones y Representaciones's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1285.10/192.1
=6.69

* 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.

IRSA Inversiones y Representaciones's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, IRSA Inversiones y Representaciones's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1210.109/131.7762*131.7762
=1,210.109

Current CPI (Mar. 2024) = 131.7762.

IRSA Inversiones y Representaciones Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.041 100.560 24.952
201409 3.844 100.428 5.044
201412 3.504 99.070 4.661
201503 3.122 99.621 4.130
201506 22.427 100.684 29.353
201509 4.154 100.392 5.453
201512 3.546 99.792 4.683
201603 2.379 100.470 3.120
201606 40.304 101.688 52.229
201609 0.866 101.861 1.120
201612 5.595 101.863 7.238
201703 6.750 102.862 8.647
201706 48.189 103.349 61.444
201709 48.641 104.136 61.552
201712 56.984 104.011 72.196
201803 57.107 105.290 71.473
201806 114.275 106.317 141.640
201809 94.492 106.507 116.911
201812 78.856 105.998 98.033
201903 84.406 107.251 103.708
201906 85.412 108.070 104.148
201909 70.192 108.329 85.384
201912 64.240 108.420 78.079
202003 53.708 108.902 64.989
202006 160.515 108.767 194.471
202009 132.249 109.815 158.697
202012 131.148 109.897 157.258
202103 0.000 111.754 0.000
202106 166.657 114.631 191.583
202109 109.793 115.734 125.011
202112 191.906 117.630 214.986
202203 193.756 121.301 210.488
202206 457.228 125.017 481.949
202209 259.058 125.227 272.607
202212 312.851 125.222 329.226
202303 397.424 127.348 411.244
202306 494.744 128.729 506.456
202309 695.868 129.860 706.139
202312 1,091.447 129.419 1,111.323
202403 1,210.109 131.776 1,210.109

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.


IRSA Inversiones y Representaciones  (BUE:IRSA) 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.


IRSA Inversiones y Representaciones Cyclically Adjusted PB Ratio Related Terms

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


IRSA Inversiones y Representaciones (BUE:IRSA) Business Description

Traded in Other Exchanges
Address
Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA
IRSA Inversiones y Representaciones SA is engaged in a diversified business. The company's operating segment includes Shopping Malls; Offices; Sales and Developments; Hotels and others. It generates maximum revenue from the Shopping Malls segment. The Shopping Malls segment comprised lease and service revenues related to rental of commercial space and other spaces in the shopping malls of the company.

IRSA Inversiones y Representaciones (BUE:IRSA) Headlines

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