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Cosan (CSAN) Cyclically Adjusted PB Ratio : 1.43 (As of Jun. 08, 2024)


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What is Cosan Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Cosan's current share price is $9.91. Cosan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.95. Cosan's Cyclically Adjusted PB Ratio for today is 1.43.

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

CSAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.13   Max: 3.6
Current: 1.5

During the past years, Cosan's highest Cyclically Adjusted PB Ratio was 3.60. The lowest was 1.20. And the median was 2.13.

CSAN's Cyclically Adjusted PB Ratio is ranked worse than
66.71% of 826 companies
in the Oil & Gas industry
Industry Median: 1.025 vs CSAN: 1.50

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.

Cosan's adjusted book value per share data for the three months ended in Mar. 2024 was $8.910. 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 $6.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cosan Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cosan'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.

Cosan Cyclically Adjusted PB Ratio Chart

Cosan 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 2.46 2.57 2.75 2.10 2.26

Cosan 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 1.81 2.13 2.04 2.26 1.86

Competitive Comparison of Cosan's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Cosan'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.


Cosan's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cosan's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cosan 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.91/6.95
=1.43

* 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.

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

For example, Cosan'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)
=8.91/159.3724*159.3724
=8.910

Current CPI (Mar. 2024) = 159.3724.

Cosan Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.993 91.838 19.077
201409 10.501 92.602 18.073
201412 8.224 94.194 13.915
201503 6.884 97.799 11.218
201506 6.914 100.006 11.018
201509 5.325 101.392 8.370
201512 5.511 104.247 8.425
201603 5.808 106.979 8.652
201606 6.224 108.851 9.113
201609 6.755 109.986 9.788
201612 6.564 110.802 9.441
201703 7.341 111.869 10.458
201706 6.730 112.115 9.567
201709 7.424 112.777 10.491
201712 7.056 114.068 9.858
201803 7.333 114.868 10.174
201806 5.979 117.038 8.142
201809 5.485 117.881 7.416
201812 6.514 118.340 8.773
201903 6.265 120.124 8.312
201906 6.335 120.977 8.346
201909 6.452 121.292 8.478
201912 6.579 123.436 8.494
202003 5.750 124.092 7.385
202006 5.249 123.557 6.771
202009 5.129 125.095 6.534
202012 2.673 129.012 3.302
202103 3.829 131.660 4.635
202106 4.396 133.871 5.233
202109 5.745 137.913 6.639
202112 5.580 141.992 6.263
202203 6.731 146.537 7.321
202206 6.648 149.784 7.074
202209 6.514 147.800 7.024
202212 8.437 150.207 8.952
202303 8.066 153.352 8.383
202306 7.916 154.519 8.165
202309 8.015 155.464 8.217
202312 9.160 157.148 9.290
202403 8.910 159.372 8.910

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.


Cosan  (NYSE:CSAN) 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.


Cosan Cyclically Adjusted PB Ratio Related Terms

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


Cosan (CSAN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cosan SA (NYSE:CSAN) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
Avenue Brigadeiro Faria Lima, 4100 / 15th Floor Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Cosan SA engages in several services throughout the energy and logistics sectors. Cosan SA and Cosan Logistica account for the many segments that constitute Cosan's operations. Cosan SA delivers over half of the group's revenue. It is diversified across the energy sector with companies specializing in fuel distribution, sugar and ethanol production, power generation, natural gas distribution, lubricants, and land management. The majority of the revenue is generated from the distribution of fuels in Brazil.

Cosan (CSAN) Headlines

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