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Philippine Seven (PHS:SEVN) Cyclically Adjusted Book per Share : ₱10.35 (As of Mar. 2024)


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What is Philippine Seven 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.

Philippine Seven's adjusted book value per share for the three months ended in Mar. 2024 was ₱17.470. 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 ₱10.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Philippine Seven's average Cyclically Adjusted Book Growth Rate was 16.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.40% 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 Philippine Seven was 19.80% per year. The lowest was 17.40% per year. And the median was 18.70% per year.

As of today (2024-05-18), Philippine Seven's current stock price is ₱103.00. Philippine Seven's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱10.35. Philippine Seven's Cyclically Adjusted PB Ratio of today is 9.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Philippine Seven was 44.25. The lowest was 6.45. And the median was 19.70.


Philippine Seven Cyclically Adjusted Book per Share Historical Data

The historical data trend for Philippine Seven'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.

Philippine Seven Cyclically Adjusted Book per Share Chart

Philippine Seven 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 5.17 6.08 7.23 8.49 9.85

Philippine Seven 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 8.87 9.22 9.58 9.85 10.35

Competitive Comparison of Philippine Seven's Cyclically Adjusted Book per Share

For the Grocery Stores subindustry, Philippine Seven'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.


Philippine Seven's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Philippine Seven's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Philippine Seven 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, Philippine Seven'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)
=17.47/131.7762*131.7762
=17.470

Current CPI (Mar. 2024) = 131.7762.

Philippine Seven Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.606 100.560 4.725
201409 3.797 100.428 4.982
201412 4.349 99.070 5.785
201503 4.498 99.621 5.950
201506 4.578 100.684 5.992
201509 4.788 100.392 6.285
201512 5.443 99.792 7.187
201603 5.684 100.470 7.455
201606 5.734 101.688 7.431
201609 5.960 101.861 7.710
201612 6.665 101.863 8.622
201703 6.874 102.862 8.806
201706 6.861 103.349 8.748
201709 7.128 104.136 9.020
201712 7.968 104.011 10.095
201803 8.245 105.290 10.319
201806 8.698 106.317 10.781
201809 8.535 106.507 10.560
201812 9.353 105.998 11.628
201903 9.501 107.251 11.674
201906 9.995 108.070 12.188
201909 9.773 108.329 11.888
201912 10.626 108.420 12.915
202003 10.763 108.902 13.024
202006 10.111 108.767 12.250
202009 9.552 109.815 11.462
202012 9.722 109.897 11.658
202103 9.326 111.754 10.997
202106 9.189 114.631 10.563
202109 8.950 115.734 10.191
202112 9.216 117.630 10.324
202203 9.480 121.301 10.299
202206 10.393 125.017 10.955
202209 10.956 125.227 11.529
202212 12.091 125.222 12.724
202303 12.789 127.348 13.234
202306 14.137 128.729 14.472
202309 15.089 129.860 15.312
202312 16.625 129.419 16.928
202403 17.470 131.776 17.470

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


Philippine Seven  (PHS:SEVN) 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.

Philippine Seven's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=103.00/10.35
=9.95

* 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 Philippine Seven was 44.25. The lowest was 6.45. And the median was 19.70.


Be Aware

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


Philippine Seven Cyclically Adjusted Book per Share Related Terms

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


Philippine Seven (PHS:SEVN) Business Description

Traded in Other Exchanges
N/A
Address
Ortigas Avenue, 7th, 11th and 12th Floors, The Columbia Tower, Mandaluyong, PHL, 1550
Philippine Seven Corp and its subsidiaries are mainly involved in the business of retailing, merchandising, buying, selling, marketing, importing and exporting all kinds of grocery items, dry goods, foodstuffs, beverages, drinks and all kinds of consumer needs and in connection therewith, operating warehouses, storage, delivery vehicles and similar facilities. It is also engaged in the management, development, sale, exchange and holding of investments and real estate of all kinds. The firm has a Store operations segment.