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Roxas Holdings (PHS:ROX) Cyclically Adjusted PB Ratio : 0.22 (As of May. 25, 2024)


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What is Roxas Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Roxas Holdings's current share price is ₱1.45. Roxas Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₱6.64. Roxas Holdings's Cyclically Adjusted PB Ratio for today is 0.22.

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

PHS:ROX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.2   Max: 0.5
Current: 0.15

During the past years, Roxas Holdings's highest Cyclically Adjusted PB Ratio was 0.50. The lowest was 0.07. And the median was 0.20.

PHS:ROX's Cyclically Adjusted PB Ratio is ranked better than
96.15% of 1273 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs PHS:ROX: 0.15

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.

Roxas Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was ₱1.798. 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 ₱6.64 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Roxas Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Roxas 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.

Roxas Holdings Cyclically Adjusted PB Ratio Chart

Roxas Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.24 0.18 0.14 0.10

Roxas 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 0.11 0.11 0.12 0.10 0.12

Competitive Comparison of Roxas Holdings's Cyclically Adjusted PB Ratio

For the Confectioners subindustry, Roxas 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.


Roxas Holdings's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Roxas Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Roxas 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.45/6.64
=0.22

* 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.

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

For example, Roxas 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)
=1.798/129.4194*129.4194
=1.798

Current CPI (Dec. 2023) = 129.4194.

Roxas Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.256 99.695 8.121
201406 6.403 100.560 8.241
201409 7.394 100.428 9.529
201412 7.329 99.070 9.574
201503 7.322 99.621 9.512
201506 7.605 100.684 9.775
201509 7.079 100.392 9.126
201512 7.117 99.792 9.230
201603 7.142 100.470 9.200
201606 6.734 101.688 8.570
201609 6.828 101.861 8.675
201612 6.750 101.863 8.576
201703 6.881 102.862 8.658
201706 6.954 103.349 8.708
201709 6.782 104.136 8.429
201712 6.711 104.011 8.350
201803 6.834 105.290 8.400
201806 6.784 106.317 8.258
201809 6.914 106.507 8.401
201812 6.787 105.998 8.287
201903 6.681 107.251 8.062
201906 6.496 108.070 7.779
201909 5.885 108.329 7.031
201912 5.897 108.420 7.039
202003 5.837 108.902 6.937
202006 5.617 108.767 6.684
202009 3.756 109.815 4.427
202012 3.602 109.897 4.242
202103 3.371 111.754 3.904
202106 3.268 114.631 3.690
202109 3.308 115.734 3.699
202112 3.231 117.630 3.555
202203 3.004 121.301 3.205
202206 2.942 125.017 3.046
202209 3.377 125.227 3.490
202212 3.250 125.222 3.359
202303 2.998 127.348 3.047
202306 2.749 128.729 2.764
202309 2.035 129.860 2.028
202312 1.798 129.419 1.798

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.


Roxas Holdings  (PHS:ROX) 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.


Roxas Holdings Cyclically Adjusted PB Ratio Related Terms

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


Roxas Holdings (PHS:ROX) Business Description

Traded in Other Exchanges
N/A
Address
26th Corner 3rd Avenue, 14th Floor, Net one Center, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634
Roxas Holdings Inc produces, markets, and sells raw and refined sugar, molasses, and related products to food and beverage, and pharmaceutical companies in the Philippines. It operates in two segments namely Sugar and Alcohol. The company generates maximum revenue from the Sugar segment. The alcohol segment is engaged in the manufacture and sale of bio-ethanol fuel. Geographically, it operates only in the Philippines.