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Cebu Air (Cebu Air) Cyclically Adjusted PB Ratio : 0.62 (As of May. 22, 2024)


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What is Cebu Air Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Cebu Air's current share price is $1.20. Cebu Air's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.95. Cebu Air's Cyclically Adjusted PB Ratio for today is 0.62.

The historical rank and industry rank for Cebu Air's Cyclically Adjusted PB Ratio or its related term are showing as below:

CEBUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.8   Max: 2.09
Current: 0.58

During the past years, Cebu Air's highest Cyclically Adjusted PB Ratio was 2.09. The lowest was 0.52. And the median was 0.80.

CEBUF's Cyclically Adjusted PB Ratio is ranked better than
79.86% of 705 companies
in the Transportation industry
Industry Median: 1.25 vs CEBUF: 0.58

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.

Cebu Air's adjusted book value per share data for the three months ended in Mar. 2024 was $0.185. 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 $1.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cebu Air Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cebu Air'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.

Cebu Air Cyclically Adjusted PB Ratio Chart

Cebu Air Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.76 0.97 0.77 0.71

Cebu Air Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.71 0.78 0.71 0.65 0.61

Competitive Comparison of Cebu Air's Cyclically Adjusted PB Ratio

For the Airlines subindustry, Cebu Air'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.


Cebu Air's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Cebu Air's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cebu Air 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.

Cebu Air's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.20/1.95
=0.62

* 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.

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

For example, Cebu Air'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)
=0.185/131.7762*131.7762
=0.185

Current CPI (Mar. 2024) = 131.7762.

Cebu Air Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.603 99.695 0.797
201406 0.689 100.560 0.903
201409 0.641 100.428 0.841
201412 0.612 99.070 0.814
201503 0.675 99.621 0.893
201506 0.759 100.684 0.993
201509 0.687 100.392 0.902
201512 0.709 99.792 0.936
201603 0.823 100.470 1.079
201606 0.903 101.688 1.170
201609 0.887 101.861 1.147
201612 0.963 101.863 1.246
201703 0.988 102.862 1.266
201706 1.027 103.349 1.309
201709 1.041 104.136 1.317
201712 1.130 104.011 1.432
201803 1.171 105.290 1.466
201806 1.147 106.317 1.422
201809 1.131 106.507 1.399
201812 1.146 105.998 1.425
201903 1.243 107.251 1.527
201906 1.229 108.070 1.499
201909 1.218 108.329 1.482
201912 1.286 108.420 1.563
202003 1.202 108.902 1.454
202006 1.008 108.767 1.221
202009 0.855 109.815 1.026
202012 0.651 109.897 0.781
202103 0.790 111.754 0.932
202106 0.599 114.631 0.689
202109 0.363 115.734 0.413
202112 0.298 117.630 0.334
202203 0.089 121.301 0.097
202206 0.030 125.017 0.032
202209 -0.030 125.227 -0.032
202212 -0.081 125.222 -0.085
202303 -0.063 127.348 -0.065
202306 0.012 128.729 0.012
202309 0.049 129.860 0.050
202403 0.185 131.776 0.185

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.


Cebu Air  (OTCPK:CEBUF) 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.


Cebu Air Cyclically Adjusted PB Ratio Related Terms

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


Cebu Air (Cebu Air) Business Description

Traded in Other Exchanges
Address
Sergio Osmena Boulevard, Level 4, Unit 4030-4031, Robinsons Galleria Cebu, General Maxilom Avenue cor, Cebu, CEB, PHL, 6000
Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, which are the airline business (Parent Company and CEBGO) and the line and light maintenance business (A-Plus). The revenue of the operating segment was mainly derived from rendering transportation services and line and light maintenance services. The Airline Group has a network of distributors in the Philippines selling its domestic and international air services within an agreed territory or geographical coverage. Geographically, it operates in the Philippines, Asia (excluding the Philippines), Europe, and Others, out of which the majority is from the Philippines.

Cebu Air (Cebu Air) Headlines

From GuruFocus

Baron Funds Comments on Cebu Air Inc.

By Holly LaFon Holly LaFon 12-10-2013