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Premium Leisure (PHS:PLC) Cyclically Adjusted Book per Share : ₱0.59 (As of Mar. 2024)


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What is Premium Leisure 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.

Premium Leisure's adjusted book value per share for the three months ended in Mar. 2024 was ₱0.542. 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 ₱0.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Premium Leisure's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Premium Leisure was 7.30% per year. The lowest was 2.80% per year. And the median was 5.50% per year.

As of today (2024-06-05), Premium Leisure's current stock price is ₱0.71. Premium Leisure's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱0.59. Premium Leisure's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Premium Leisure was 2.17. The lowest was 0.62. And the median was 0.94.


Premium Leisure Cyclically Adjusted Book per Share Historical Data

The historical data trend for Premium Leisure'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.

Premium Leisure Cyclically Adjusted Book per Share Chart

Premium Leisure 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 0.46 0.47 0.50 0.54 0.58

Premium Leisure Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.55 0.56 0.57 0.58 0.59

Competitive Comparison of Premium Leisure's Cyclically Adjusted Book per Share

For the Gambling subindustry, Premium Leisure'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.


Premium Leisure's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Premium Leisure's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Premium Leisure 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, Premium Leisure'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)
=0.542/131.7762*131.7762
=0.542

Current CPI (Mar. 2024) = 131.7762.

Premium Leisure Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.220 100.560 0.288
201409 0.473 100.428 0.621
201412 0.499 99.070 0.664
201503 0.484 99.621 0.640
201506 0.479 100.684 0.627
201509 0.469 100.392 0.616
201512 0.476 99.792 0.629
201603 0.464 100.470 0.609
201606 0.468 101.688 0.606
201609 0.474 101.861 0.613
201612 0.486 101.863 0.629
201703 0.475 102.862 0.609
201706 0.489 103.349 0.624
201709 0.502 104.136 0.635
201712 0.516 104.011 0.654
201803 0.486 105.290 0.608
201806 0.507 106.317 0.628
201809 0.517 106.507 0.640
201812 0.533 105.998 0.663
201903 0.499 107.251 0.613
201906 0.529 108.070 0.645
201909 0.537 108.329 0.653
201912 0.553 108.420 0.672
202003 0.512 108.902 0.620
202006 0.504 108.767 0.611
202009 0.502 109.815 0.602
202012 0.520 109.897 0.624
202103 0.529 111.754 0.624
202106 0.497 114.631 0.571
202109 0.508 115.734 0.578
202112 0.517 117.630 0.579
202203 0.526 121.301 0.571
202206 0.494 125.017 0.521
202209 0.503 125.227 0.529
202212 0.506 125.222 0.532
202303 0.475 127.348 0.492
202306 0.495 128.729 0.507
202309 0.519 129.860 0.527
202312 0.531 129.419 0.541
202403 0.542 131.776 0.542

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


Premium Leisure  (PHS:PLC) 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.

Premium Leisure's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.71/0.59
=1.20

* 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 Premium Leisure was 2.17. The lowest was 0.62. And the median was 0.94.


Be Aware

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


Premium Leisure Cyclically Adjusted Book per Share Related Terms

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


Premium Leisure (PHS:PLC) Business Description

Traded in Other Exchanges
N/A
Address
Palm Coast Avenue, Mall of Asia Complex, 5th Floor, Tower A, Two E-Com Center, Metro Manila, Pasay, PHL, 1300
Premium Leisure Corp is an investment holding company mainly involved in the gambling industry. The company has five business segments, namely investment holding, real estate, public amusement and recreation, gaming business and lottery equipment, leasing, and others. It generates maximum revenue from the gaming business segment.

Premium Leisure (PHS:PLC) Headlines