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Benguet (Benguet) Cyclically Adjusted PB Ratio : (As of Jun. 13, 2024)


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What is Benguet Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Benguet Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Benguet'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.

Benguet Cyclically Adjusted PB Ratio Chart

Benguet 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 0.20 0.46 0.72 0.49 0.53

Benguet 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 0.56 0.51 0.45 0.53 0.45

Competitive Comparison of Benguet's Cyclically Adjusted PB Ratio

For the Gold subindustry, Benguet'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.


Benguet's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Benguet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Benguet 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.

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

For example, Benguet'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)
=0.228/131.7762*131.7762
=0.228

Current CPI (Mar. 2024) = 131.7762.

Benguet Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.348 100.560 0.456
201409 0.304 100.428 0.399
201412 0.306 99.070 0.407
201503 0.335 99.621 0.443
201506 0.347 100.684 0.454
201509 0.340 100.392 0.446
201512 0.317 99.792 0.419
201603 0.322 100.470 0.422
201606 0.315 101.688 0.408
201609 0.106 101.861 0.137
201612 0.101 101.863 0.131
201703 0.101 102.862 0.129
201706 0.102 103.349 0.130
201709 0.101 104.136 0.128
201712 0.103 104.011 0.130
201803 0.102 105.290 0.128
201806 0.101 106.317 0.125
201809 0.099 106.507 0.122
201812 0.109 105.998 0.136
201903 0.107 107.251 0.131
201906 0.107 108.070 0.130
201909 0.106 108.329 0.129
201912 0.121 108.420 0.147
202003 0.123 108.902 0.149
202006 0.128 108.767 0.155
202009 0.145 109.815 0.174
202012 0.129 109.897 0.155
202103 0.144 111.754 0.170
202106 0.155 114.631 0.178
202109 0.152 115.734 0.173
202112 0.202 117.630 0.226
202203 0.184 121.301 0.200
202206 0.200 125.017 0.211
202209 0.221 125.227 0.233
202212 0.211 125.222 0.222
202303 0.222 127.348 0.230
202306 0.233 128.729 0.239
202309 0.217 129.860 0.220
202312 0.226 129.419 0.230
202403 0.228 131.776 0.228

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.


Benguet  (OTCPK:BGUUF) 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.


Benguet Cyclically Adjusted PB Ratio Related Terms

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


Benguet (Benguet) Business Description

Address
106 Paseo de Roxas, 7th Floor, Universal Re-Building, Makati, RIZ, PHL, 1226
Benguet Corp is engaged in gold, nickel, and other metallic and nonmetallic mineral production, exploration, research and development, and natural resource projects. The company operates through four segments namely Mining, Health services, Logistics, and Others. The Mining segment is engaged in exploration, nickel, and gold mining operations. Its Health services segment is engaged in the business of offering medical and clinical diagnostic examinations and health care services. The logistics segment is engaged in logistics services to the supply-chain requirements of various industries. Its Other segments are engaged in research, development, health services, and water projects. The majority of the revenue is generated from the Mining segment and geographically from the Philippines.

Benguet (Benguet) Headlines

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