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First Financial Holding Co (First Financial Holding Co) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is First Financial Holding Co Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

First Financial Holding Co's adjusted book value per share for the three months ended in Mar. 2024 was $12.017. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, First Financial Holding Co's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 First Financial Holding Co was 7.80% per year. The lowest was 6.40% per year. And the median was 7.10% per year.

As of today (2024-06-22), First Financial Holding Co's current stock price is $0.00. First Financial Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. First Financial Holding Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of First Financial Holding Co was 1.73. The lowest was 1.24. And the median was 1.50.


First Financial Holding Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for First Financial Holding Co'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.

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First Financial Holding Co Cyclically Adjusted Book per Share Chart

First Financial Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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First Financial Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of First Financial Holding Co's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, First Financial Holding Co'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.


First Financial Holding Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Financial Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where First Financial Holding Co's Cyclically Adjusted PB Ratio falls into.



First Financial Holding Co 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, First Financial Holding Co'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)
=12.017/131.7762*131.7762
=12.017

Current CPI (Mar. 2024) = 131.7762.

First Financial Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.309 100.560 10.888
201409 8.484 100.428 11.132
201412 8.409 99.070 11.185
201503 8.584 99.621 11.355
201506 8.540 100.684 11.177
201509 8.537 100.392 11.206
201512 8.655 99.792 11.429
201603 8.905 100.470 11.680
201606 8.698 101.688 11.272
201609 9.105 101.861 11.779
201612 9.064 101.863 11.726
201703 9.609 102.862 12.310
201706 9.323 103.349 11.887
201709 9.625 104.136 12.180
201712 9.684 104.011 12.269
201803 10.452 105.290 13.081
201806 9.941 106.317 12.322
201809 10.117 106.507 12.517
201812 10.188 105.998 12.666
201903 10.499 107.251 12.900
201906 10.199 108.070 12.436
201909 10.499 108.329 12.771
201912 10.983 108.420 13.349
202003 10.802 108.902 13.071
202006 10.828 108.767 13.119
202009 11.206 109.815 13.447
202012 11.863 109.897 14.225
202103 12.027 111.754 14.182
202106 12.477 114.631 14.343
202109 12.170 115.734 13.857
202112 12.239 117.630 13.711
202203 12.268 121.301 13.327
202206 10.873 125.017 11.461
202209 10.102 125.227 10.630
202212 10.737 125.222 11.299
202303 11.372 127.348 11.767
202306 10.900 128.729 11.158
202309 11.068 129.860 11.231
202312 11.674 129.419 11.887
202403 12.017 131.776 12.017

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


First Financial Holding Co  (OTCPK:FFHOY) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of First Financial Holding Co was 1.73. The lowest was 1.24. And the median was 1.50.


Be Aware

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


First Financial Holding Co Cyclically Adjusted Book per Share Related Terms

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


First Financial Holding Co (First Financial Holding Co) Business Description

Traded in Other Exchanges
Address
No. 30, Chongqing South Road, 18th Floor, Section 1, Taipei, TWN, 100
First Financial Holding Co Ltd is a financial services holding company that consists of various subsidiaries. Most of the company's activities are overwhelmingly concentrated in Taiwan. Its largest revenue-contributing subsidiary, First Bank, derives most of its net revenue from net interest income. First Bank's expansion strategy targets China and Southeast Asia, as well as developed economies across the globe. First Bank emphasizes distribution chain financing and has adjusted its loan portfolio away from capital-intensive lending, together with a focus on fee-based businesses. The company also engages in asset management, securities trading, brokerage services, insurance, venture capital, consulting, and distressed asset investing.

First Financial Holding Co (First Financial Holding Co) Headlines

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