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COL Financial Group (PHS:COL) Cyclically Adjusted Book per Share : ₱0.40 (As of Dec. 2023)


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What is COL Financial Group 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.

COL Financial Group's adjusted book value per share for the three months ended in Dec. 2023 was ₱0.456. 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 ₱0.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, COL Financial Group's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% 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 COL Financial Group was 8.90% per year. The lowest was 4.70% per year. And the median was 7.95% per year.

As of today (2024-05-21), COL Financial Group's current stock price is ₱2.28. COL Financial Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₱0.40. COL Financial Group's Cyclically Adjusted PB Ratio of today is 5.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of COL Financial Group was 15.35. The lowest was 5.07. And the median was 7.20.


COL Financial Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for COL Financial Group'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.

COL Financial Group Cyclically Adjusted Book per Share Chart

COL Financial Group 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 0.30 0.31 0.35 0.38 0.40

COL Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.38 0.39 0.40 0.40 0.40

Competitive Comparison of COL Financial Group's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, COL Financial Group'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.


COL Financial Group's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, COL Financial Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



COL Financial Group 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, COL Financial Group'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)
=0.456/129.4194*129.4194
=0.456

Current CPI (Dec. 2023) = 129.4194.

COL Financial Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.232 99.695 0.301
201406 0.249 100.560 0.320
201409 0.272 100.428 0.351
201412 0.269 99.070 0.351
201503 0.242 99.621 0.314
201506 0.260 100.684 0.334
201509 0.274 100.392 0.353
201512 0.277 99.792 0.359
201603 0.241 100.470 0.310
201606 0.266 101.688 0.339
201609 0.294 101.861 0.374
201612 0.299 101.863 0.380
201703 0.260 102.862 0.327
201706 0.285 103.349 0.357
201709 0.311 104.136 0.387
201712 0.316 104.011 0.393
201803 0.362 105.290 0.445
201806 0.317 106.317 0.386
201809 0.345 106.507 0.419
201812 0.356 105.998 0.435
201903 0.309 107.251 0.373
201906 0.336 108.070 0.402
201909 0.367 108.329 0.438
201912 0.362 108.420 0.432
202003 0.380 108.902 0.452
202006 0.334 108.767 0.397
202009 0.353 109.815 0.416
202012 0.380 109.897 0.448
202103 0.457 111.754 0.529
202106 0.416 114.631 0.470
202109 0.440 115.734 0.492
202112 0.437 117.630 0.481
202203 0.457 121.301 0.488
202206 0.385 125.017 0.399
202209 0.402 125.227 0.415
202212 0.411 125.222 0.425
202303 0.443 127.348 0.450
202306 0.427 128.729 0.429
202309 0.455 129.860 0.453
202312 0.456 129.419 0.456

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


COL Financial Group  (PHS:COL) 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.

COL Financial Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.28/0.4
=5.70

* 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 COL Financial Group was 15.35. The lowest was 5.07. And the median was 7.20.


Be Aware

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


COL Financial Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of COL Financial Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


COL Financial Group (PHS:COL) Business Description

Traded in Other Exchanges
N/A
Address
Exchange Road, Unit 2401-B East Tower, Philippine Stock Exchange Centre, Ortigas Center, Pasig, RIZ, PHL, 1605
COL Financial Group Inc together with its subsidiary provides online financial services in the Philippines. Its proprietary online trading platform, provides real-time market information and execution, investing tools and functionalities, and stock market research and analysis. The company is also involved in the provision of financial advisory services; and gathering and distribution of financial and investment information and statistics, as well as acts as a financial, commercial, or business representative. Its operating segment being stock brokerage services and others. The company generates maximum revenue from stock brokerage services segment. Geographically, it derives a majority of revenue from the Philippines.

COL Financial Group (PHS:COL) Headlines

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