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Quinenco (XSGO:QUINENCO) Cyclically Adjusted PB Ratio : 1.02 (As of Jun. 11, 2024)


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What is Quinenco Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Quinenco's current share price is CLP3145.50. Quinenco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CLP3,086.96. Quinenco's Cyclically Adjusted PB Ratio for today is 1.02.

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

XSGO:QUINENCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.05   Max: 1.49
Current: 1.02

During the past years, Quinenco's highest Cyclically Adjusted PB Ratio was 1.49. The lowest was 0.50. And the median was 1.05.

XSGO:QUINENCO's Cyclically Adjusted PB Ratio is ranked worse than
51.77% of 452 companies
in the Conglomerates industry
Industry Median: 0.97 vs XSGO:QUINENCO: 1.02

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.

Quinenco's adjusted book value per share data for the three months ended in Mar. 2024 was CLP5,324.709. 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 CLP3,086.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quinenco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quinenco'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.

Quinenco Cyclically Adjusted PB Ratio Chart

Quinenco 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 0.84 0.64 0.75 1.07 0.95

Quinenco 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 1.11 0.95 0.90 0.95 1.12

Competitive Comparison of Quinenco's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Quinenco'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.


Quinenco's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Quinenco's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Quinenco 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3145.50/3086.96
=1.02

* 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.

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

For example, Quinenco'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)
=5324.709/146.1089*146.1089
=5,324.709

Current CPI (Mar. 2024) = 146.1089.

Quinenco Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,532.636 95.543 2,343.785
201409 1,589.683 96.883 2,397.395
201412 1,704.679 97.515 2,554.161
201503 1,707.872 98.539 2,532.348
201506 1,742.070 99.770 2,551.179
201509 1,830.178 101.383 2,637.580
201512 1,817.344 101.775 2,608.989
201603 1,752.546 102.930 2,487.735
201606 1,747.008 103.965 2,455.184
201609 1,754.237 104.521 2,452.238
201612 1,803.404 104.532 2,520.705
201703 1,823.327 105.752 2,519.144
201706 1,821.107 105.730 2,516.596
201709 1,800.711 106.035 2,481.251
201712 1,782.406 106.907 2,436.002
201803 1,786.297 107.670 2,424.028
201806 1,851.842 108.421 2,495.548
201809 1,879.424 109.369 2,510.767
201812 1,932.541 109.653 2,575.057
201903 1,930.053 110.339 2,555.743
201906 1,934.288 111.352 2,538.043
201909 2,024.799 111.821 2,645.674
201912 2,096.775 112.943 2,712.496
202003 2,257.358 114.468 2,881.323
202006 2,209.969 114.283 2,825.406
202009 2,192.305 115.275 2,778.715
202012 2,127.538 116.299 2,672.876
202103 2,239.383 117.770 2,778.251
202106 2,357.627 118.630 2,903.727
202109 2,806.779 121.431 3,377.200
202112 3,232.133 124.634 3,789.045
202203 3,415.739 128.850 3,873.250
202206 3,988.814 133.448 4,367.244
202209 4,526.049 138.101 4,788.506
202212 4,408.037 140.574 4,581.597
202303 4,295.882 143.145 4,384.818
202306 4,367.271 143.538 4,445.505
202309 4,883.061 145.172 4,914.578
202312 4,839.881 146.109 4,839.881
202403 5,324.709 146.109 5,324.709

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.


Quinenco  (XSGO:QUINENCO) 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.


Quinenco Cyclically Adjusted PB Ratio Related Terms

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


Quinenco (XSGO:QUINENCO) Business Description

Traded in Other Exchanges
N/A
Address
Enrique Foster Sur 20, Piso 14 Las Condes, Santiago, CHL
Quinenco SA is a Chilean business conglomerate. The group operates businesses in financial services, beverages and food, manufacturing, transport, energy, and port and shipping services. The largest segment by net income, financial services, consists primarily of the participation in Banco de Chile. The bank provides retail and wholesale banking services in Chile. Other business participations include a beverage and food distribution company with presence in South America, a French power-cable producer, a Latin American flexible-packaging producer, a Chilean fuel and lubricant distributor, a German container shipping operator, and a South American port operator.

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