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Aboitiz Equity Ventures (Aboitiz Equity Ventures) Cyclically Adjusted Book per Share : $0.67 (As of Mar. 2024)


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What is Aboitiz Equity Ventures 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.

Aboitiz Equity Ventures's adjusted book value per share for the three months ended in Mar. 2024 was $0.825. 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 $0.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aboitiz Equity Ventures's average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.50% 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 Aboitiz Equity Ventures was 14.20% per year. The lowest was 11.10% per year. And the median was 13.20% per year.

As of today (2024-05-27), Aboitiz Equity Ventures's current stock price is $0.7687. Aboitiz Equity Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.67. Aboitiz Equity Ventures's Cyclically Adjusted PB Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aboitiz Equity Ventures was 4.95. The lowest was 1.01. And the median was 2.08.


Aboitiz Equity Ventures Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aboitiz Equity Ventures'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.

Aboitiz Equity Ventures Cyclically Adjusted Book per Share Chart

Aboitiz Equity Ventures 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 - - 0.39 0.43 0.65

Aboitiz Equity Ventures 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 0.53 0.48 0.59 0.65 0.67

Competitive Comparison of Aboitiz Equity Ventures's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Aboitiz Equity Ventures'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.


Aboitiz Equity Ventures's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Aboitiz Equity Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aboitiz Equity Ventures 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, Aboitiz Equity Ventures'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)
=0.825/131.7762*131.7762
=0.825

Current CPI (Mar. 2024) = 131.7762.

Aboitiz Equity Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.303 100.560 0.397
201409 0.320 100.428 0.420
201412 0.335 99.070 0.446
201503 0.331 99.621 0.438
201506 0.341 100.684 0.446
201509 0.349 100.392 0.458
201512 0.366 99.792 0.483
201603 0.373 100.470 0.489
201606 0.395 101.688 0.512
201609 0.429 101.861 0.555
201612 0.427 101.863 0.552
201703 0.425 102.862 0.544
201706 0.445 103.349 0.567
201709 0.465 104.136 0.588
201712 0.472 104.011 0.598
201803 0.469 105.290 0.587
201806 0.487 106.317 0.604
201809 0.523 106.507 0.647
201812 0.534 105.998 0.664
201903 0.520 107.251 0.639
201906 0.504 108.070 0.615
201909 0.522 108.329 0.635
201912 0.539 108.420 0.655
202003 0.521 108.902 0.630
202006 0.525 108.767 0.636
202009 0.538 109.815 0.646
202012 0.559 109.897 0.670
202103 0.572 111.754 0.674
202106 0.592 114.631 0.681
202109 0.626 115.734 0.713
202112 0.747 117.630 0.837
202203 0.741 121.301 0.805
202206 0.758 125.017 0.799
202209 0.782 125.227 0.823
202212 0.780 125.222 0.821
202303 0.780 127.348 0.807
202306 0.799 128.729 0.818
202309 0.815 129.860 0.827
202312 0.833 129.419 0.848
202403 0.825 131.776 0.825

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


Aboitiz Equity Ventures  (OTCPK:ABOIF) 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.

Aboitiz Equity Ventures's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.7687/0.67
=1.15

* 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 Aboitiz Equity Ventures was 4.95. The lowest was 1.01. And the median was 2.08.


Be Aware

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


Aboitiz Equity Ventures Cyclically Adjusted Book per Share Related Terms

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


Aboitiz Equity Ventures (Aboitiz Equity Ventures) Business Description

Traded in Other Exchanges
Address
32nd Street, NAC Tower, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634
Aboitiz Equity Ventures Inc is a Philippines holding company with reportable segments of power distribution and generation, financial services, food manufacturing, real estate, and infrastructure. The power segment is engaged in power generation and the sale of electricity. The food manufacturing segment is engaged in the production of flour and feeds and swine breeding. Aboitiz Equity Ventures generates maximum revenue from the power segment. Geographically, it operates solely in the Philippines.