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Lojas Renner (Lojas Renner) Cyclically Adjusted PB Ratio : 2.32 (As of Jun. 03, 2024)


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What is Lojas Renner Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Lojas Renner's current share price is $3.11. Lojas Renner's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.34. Lojas Renner's Cyclically Adjusted PB Ratio for today is 2.32.

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

LRENY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.92   Med: 10.03   Max: 17.97
Current: 1.98

During the past years, Lojas Renner's highest Cyclically Adjusted PB Ratio was 17.97. The lowest was 1.92. And the median was 10.03.

LRENY's Cyclically Adjusted PB Ratio is ranked worse than
66.44% of 751 companies
in the Retail - Cyclical industry
Industry Median: 1.17 vs LRENY: 1.98

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.

Lojas Renner's adjusted book value per share data for the three months ended in Dec. 2023 was $2.146. 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 $1.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lojas Renner Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lojas Renner'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.

Lojas Renner Cyclically Adjusted PB Ratio Chart

Lojas Renner 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 16.77 11.02 5.34 3.65 2.63

Lojas Renner 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 2.80 3.25 2.10 2.63 -

Competitive Comparison of Lojas Renner's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Lojas Renner'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.


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

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

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



Lojas Renner 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.

Lojas Renner's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.11/1.34
=2.32

* 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.

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

For example, Lojas Renner'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)
=2.146/157.1481*157.1481
=2.146

Current CPI (Dec. 2023) = 157.1481.

Lojas Renner Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.773 90.447 1.343
201406 0.829 91.838 1.419
201409 0.843 92.602 1.431
201412 0.822 94.194 1.371
201503 0.724 97.799 1.163
201506 0.751 100.006 1.180
201509 0.649 101.392 1.006
201512 0.694 104.247 1.046
201603 0.713 106.979 1.047
201606 0.780 108.851 1.126
201609 0.844 109.986 1.206
201612 0.912 110.802 1.293
201703 0.991 111.869 1.392
201706 0.987 112.115 1.383
201709 1.074 112.777 1.497
201712 1.127 114.068 1.553
201803 1.148 114.868 1.571
201806 1.053 117.038 1.414
201809 1.006 117.881 1.341
201812 1.163 118.340 1.544
201903 1.207 120.124 1.579
201906 1.215 120.977 1.578
201909 1.179 121.292 1.528
201912 1.299 123.436 1.654
202003 1.092 124.092 1.383
202006 1.190 123.557 1.514
202009 1.114 125.095 1.399
202012 1.216 129.012 1.481
202103 1.083 131.660 1.293
202106 1.886 133.871 2.214
202109 1.826 137.913 2.081
202112 1.759 141.992 1.947
202203 1.972 146.537 2.115
202206 1.974 149.784 2.071
202209 1.926 147.800 2.048
202212 1.982 150.207 2.074
202303 1.942 153.352 1.990
202306 2.094 154.519 2.130
202309 2.069 155.464 2.091
202312 2.146 157.148 2.146

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.


Lojas Renner  (OTCPK:LRENY) 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.


Lojas Renner Cyclically Adjusted PB Ratio Related Terms

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


Lojas Renner (Lojas Renner) Business Description

Traded in Other Exchanges
Address
Avenida Joaquim Porto Villanova, 401, Porto Alegre, RS, BRA, 91410-400
Lojas Renner SA is a retailer that operates stores under brand names including Renner, Camicado, and Youcom. Renner and Youcom stores sell clothing, sports articles, accessories, and cosmetics. Camicado sells houseware and home decor products, including appliances, towels and linen, and kitchen products. Lojas retail segment provides the vast majority of the company's revenue. The company also has a financial products segment that offers credit cards to its customers. Nearly all of the company's stores and sales are in Brazil.

Lojas Renner (Lojas Renner) Headlines

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