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Promotora Y Operadora de InfraestructuraB de CV (MEX:PINFRAL) Cyclically Adjusted Book per Share : MXN80.97 (As of Jun. 2024)


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What is Promotora Y Operadora de InfraestructuraB de CV Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Promotora Y Operadora de InfraestructuraB de CV's adjusted book value per share for the three months ended in Jun. 2024 was MXN142.108. 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 MXN80.97 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Promotora Y Operadora de InfraestructuraB de CV's average Cyclically Adjusted Book Growth Rate was 14.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Promotora Y Operadora de InfraestructuraB de CV was 23.50% per year. The lowest was 19.20% per year. And the median was 21.00% per year.

As of today (2024-10-10), Promotora Y Operadora de InfraestructuraB de CV's current stock price is MXN135.00. Promotora Y Operadora de InfraestructuraB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was MXN80.97. Promotora Y Operadora de InfraestructuraB de CV's Cyclically Adjusted PB Ratio of today is 1.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Promotora Y Operadora de InfraestructuraB de CV was 5.74. The lowest was 1.40. And the median was 2.29.


Promotora Y Operadora de InfraestructuraB de CV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Promotora Y Operadora de InfraestructuraB de CV's Cyclically Adjusted Book per Share 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.

Promotora Y Operadora de InfraestructuraB de CV Cyclically Adjusted Book per Share Chart

Promotora Y Operadora de InfraestructuraB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.56 39.92 49.33 56.45 68.63

Promotora Y Operadora de InfraestructuraB de CV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted Book per Share 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 65.71 70.72 68.63 73.47 80.97

Competitive Comparison of Promotora Y Operadora de InfraestructuraB de CV's Cyclically Adjusted Book per Share

For the Infrastructure Operations subindustry, Promotora Y Operadora de InfraestructuraB de CV'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.


Promotora Y Operadora de InfraestructuraB de CV's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Promotora Y Operadora de InfraestructuraB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Promotora Y Operadora de InfraestructuraB de CV's Cyclically Adjusted PB Ratio falls into.



Promotora Y Operadora de InfraestructuraB de CV Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Promotora Y Operadora de InfraestructuraB de CV's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=142.108/153.5505*153.5505
=142.108

Current CPI (Jun. 2024) = 153.5505.

Promotora Y Operadora de InfraestructuraB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201409 41.771 97.652 65.682
201412 43.972 99.469 67.880
201503 45.922 99.973 70.533
201506 48.388 99.382 74.762
201509 51.147 100.112 78.449
201512 53.349 101.588 80.637
201603 55.944 102.573 83.747
201606 58.767 101.905 88.550
201609 62.301 103.084 92.802
201612 72.416 105.002 105.898
201703 72.843 108.063 103.505
201706 77.931 108.339 110.453
201709 80.654 109.628 112.969
201712 90.317 112.114 123.698
201803 92.712 113.505 125.422
201806 86.764 113.373 117.512
201809 89.334 115.130 119.146
201812 93.092 117.530 121.623
201903 96.877 118.050 126.010
201906 99.400 117.848 129.514
201909 104.613 118.581 135.463
201912 101.066 120.854 128.409
202003 109.992 121.885 138.567
202006 106.536 121.777 134.333
202009 107.915 123.341 134.346
202012 106.507 124.661 131.190
202103 111.806 127.574 134.572
202106 109.280 128.936 130.142
202109 112.855 130.742 132.543
202112 117.110 133.830 134.367
202203 108.595 137.082 121.641
202206 115.022 139.233 126.850
202209 119.584 142.116 129.206
202212 122.077 144.291 129.911
202303 124.221 146.472 130.225
202306 123.895 146.272 130.060
202309 129.486 148.446 133.938
202312 131.342 151.017 133.546
202403 135.996 152.947 136.533
202406 142.108 153.551 142.108

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Promotora Y Operadora de InfraestructuraB de CV  (MEX:PINFRAL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Promotora Y Operadora de InfraestructuraB de CV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=135.00/80.97
=1.67

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Promotora Y Operadora de InfraestructuraB de CV was 5.74. The lowest was 1.40. And the median was 2.29.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Promotora Y Operadora de InfraestructuraB de CV Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Promotora Y Operadora de InfraestructuraB de CV's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Promotora Y Operadora de InfraestructuraB de CV Business Description

Traded in Other Exchanges
Address
Bosque de Cidros No 173, Bosques de las Lomas, Mexico, MEX, 05120
Promotora Y Operadora de Infraestructura SAB de CV, or Pinfra, develops and constructs infrastructure projects in Mexico. It completes highways, ports, railways, sewer systems, and other projects related to industrial development. The company holds various concessions from the government to build and then operate structures for several years. The concessions can generate stable revenue, and enhance connectivity within communities. Pinfra has three business segments: concession, construction, and plants. The construction division primarily provides services to its concessions, but has the capability to partner with third parties. Many concessions are fully operational, and the company supplies maintenance and operational support to adhere to requirements.

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