GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ATN Holdings Inc (PHS:ATN) » Definitions » Cyclically Adjusted PB Ratio

ATN Holdings (PHS:ATN) Cyclically Adjusted PB Ratio : 1.12 (As of May. 31, 2024)


View and export this data going back to 1970. Start your Free Trial

What is ATN Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-31), ATN Holdings's current share price is ₱0.56. ATN Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₱0.50. ATN Holdings's Cyclically Adjusted PB Ratio for today is 1.12.

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

PHS:ATN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.34   Max: 4
Current: 1.08

During the past years, ATN Holdings's highest Cyclically Adjusted PB Ratio was 4.00. The lowest was 0.72. And the median was 1.34.

PHS:ATN's Cyclically Adjusted PB Ratio is ranked worse than
66.4% of 1360 companies
in the Real Estate industry
Industry Median: 0.69 vs PHS:ATN: 1.08

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.

ATN Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was ₱0.378. 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 ₱0.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ATN Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ATN Holdings'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.

ATN Holdings Cyclically Adjusted PB Ratio Chart

ATN Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.69 1.29 1.77 1.32 0.79

ATN Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.73 0.79 0.78 0.76 0.76

Competitive Comparison of ATN Holdings's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, ATN Holdings'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.


ATN Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ATN Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ATN Holdings 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.

ATN Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.56/0.5
=1.12

* 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.

ATN Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ATN Holdings'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)
=0.378/129.4194*129.4194
=0.378

Current CPI (Dec. 2023) = 129.4194.

ATN Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.405 99.695 0.526
201406 0.404 100.560 0.520
201409 0.404 100.428 0.521
201412 0.405 99.070 0.529
201503 0.040 99.621 0.052
201506 0.405 100.684 0.521
201509 0.404 100.392 0.521
201512 0.404 99.792 0.524
201603 0.407 100.470 0.524
201606 0.406 101.688 0.517
201609 0.406 101.861 0.516
201612 0.406 101.863 0.516
201703 0.405 102.862 0.510
201706 0.404 103.349 0.506
201709 0.404 104.136 0.502
201712 0.405 104.011 0.504
201803 0.474 105.290 0.583
201806 0.473 106.317 0.576
201809 0.473 106.507 0.575
201812 0.473 105.998 0.578
201903 0.471 107.251 0.568
201906 0.470 108.070 0.563
201909 0.470 108.329 0.562
201912 0.471 108.420 0.562
202003 0.469 108.902 0.557
202006 0.469 108.767 0.558
202009 0.469 109.815 0.553
202012 0.468 109.897 0.551
202103 0.476 111.754 0.551
202106 0.476 114.631 0.537
202109 0.476 115.734 0.532
202112 0.475 117.630 0.523
202203 0.475 121.301 0.507
202206 0.381 125.017 0.394
202209 0.381 125.227 0.394
202212 0.381 125.222 0.394
202303 0.378 127.348 0.384
202306 0.378 128.729 0.380
202309 0.378 129.860 0.377
202312 0.378 129.419 0.378

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.


ATN Holdings  (PHS:ATN) 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.


ATN Holdings Cyclically Adjusted PB Ratio Related Terms

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


ATN Holdings (PHS:ATN) Business Description

Industry
Traded in Other Exchanges
Address
530 Shaw Boulevard, 9th Floor, Summit One Tower, Mandaluyong, PHL, 1550
ATN Holdings Inc is a holding company, engaged in real estate, land development, energy and healthcare services. The business activity of the group is operated through Real estate leasing and Aggregates. In addition, it also invests in real properties and stocks. The project portfolio of the group includes project such as Summit One Tower, Palladian project, Lincoln Plaza and land for development in Rodriguez, Rizal. Geographically, the company operates in the Philippines and derives principal revenue from the Real estate leasing segment.

ATN Holdings (PHS:ATN) Headlines

No Headlines