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Aguas Andinas (XSGO:AGUAS-A) Cyclically Adjusted PB Ratio : 1.81 (As of Jun. 01, 2024)


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What is Aguas Andinas Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Aguas Andinas's current share price is CLP272.00. Aguas Andinas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CLP150.00. Aguas Andinas's Cyclically Adjusted PB Ratio for today is 1.81.

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

XSGO:AGUAS-A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.56   Max: 2.01
Current: 1.81

During the past years, Aguas Andinas's highest Cyclically Adjusted PB Ratio was 2.01. The lowest was 1.05. And the median was 1.56.

XSGO:AGUAS-A's Cyclically Adjusted PB Ratio is ranked worse than
61.78% of 450 companies
in the Utilities - Regulated industry
Industry Median: 1.4 vs XSGO:AGUAS-A: 1.81

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.

Aguas Andinas's adjusted book value per share data for the three months ended in Mar. 2024 was CLP153.985. 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 CLP150.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aguas Andinas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aguas Andinas'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.

Aguas Andinas Cyclically Adjusted PB Ratio Chart

Aguas Andinas 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 - 1.87 1.18 1.34 1.89

Aguas Andinas 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 1.52 1.87 1.79 1.89 1.91

Competitive Comparison of Aguas Andinas's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Water subindustry, Aguas Andinas'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.


Aguas Andinas's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Aguas Andinas's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aguas Andinas 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.

Aguas Andinas's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=272.00/150
=1.81

* 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.

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

For example, Aguas Andinas'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)
=153.985/146.1089*146.1089
=153.985

Current CPI (Mar. 2024) = 146.1089.

Aguas Andinas Quarterly Data

Book Value per Share CPI Adj_Book
201406 98.224 95.543 150.209
201409 100.227 96.883 151.152
201412 99.815 97.515 149.555
201503 107.593 98.539 159.534
201506 98.614 99.770 144.416
201509 101.816 101.383 146.733
201512 100.866 101.775 144.804
201603 108.758 102.930 154.382
201606 98.419 103.965 138.315
201609 102.682 104.521 143.539
201612 103.638 104.532 144.860
201703 111.946 105.752 154.667
201706 101.167 105.730 139.803
201709 105.482 106.035 145.347
201712 105.023 106.907 143.534
201803 113.530 107.670 154.062
201806 102.649 108.421 138.330
201809 105.983 109.369 141.585
201812 104.367 109.653 139.066
201903 113.285 110.339 150.010
201906 102.894 111.352 135.011
201909 106.054 111.821 138.574
201912 105.321 112.943 136.249
202003 112.861 114.468 144.057
202006 115.507 114.283 147.674
202009 143.167 115.275 181.462
202012 137.396 116.299 172.614
202103 143.810 117.770 178.415
202106 136.418 118.630 168.017
202109 140.582 121.431 169.152
202112 137.690 124.634 161.415
202203 136.187 128.850 154.428
202206 137.813 133.448 150.888
202209 139.567 138.101 147.660
202212 137.092 140.574 142.490
202303 145.516 143.145 148.529
202306 141.589 143.538 144.125
202309 145.774 145.172 146.715
202312 144.813 146.109 144.813
202403 153.985 146.109 153.985

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.


Aguas Andinas  (XSGO:AGUAS-A) 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.


Aguas Andinas Cyclically Adjusted PB Ratio Related Terms

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


Aguas Andinas (XSGO:AGUAS-A) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Balmaceda No. 1398, 14th Floor, Santiago, CHL
Aguas Andinas SA delivers water-treatment solutions and other sanitation services under concession arrangements from the Chilean government. The company collects, cleans, and distributes water to residential, commercial, and industrial clients. Also, the company treats and disposes sewage and remnants from the process. Wastewater is decontaminated and used for irrigation systems. Aguas Andinas has two operating segments: water (a majority of total revenue) and nonwater. The company gathers water flowing from the Andes and has plants to transform it into a usable form. It uses tanks and an extensive underground network to distribute water to customers.

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