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Benguet (PHS:BCB) Cyclically Adjusted Book per Share : ₱10.41 (As of Mar. 2025)


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What is Benguet 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.

Benguet's adjusted book value per share for the three months ended in Mar. 2025 was ₱13.174. 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 ₱10.41 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Benguet's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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 Benguet was 14.20% per year. The lowest was 5.90% per year. And the median was 9.80% per year.

As of today (2025-05-28), Benguet's current stock price is ₱3.95. Benguet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₱10.41. Benguet's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Benguet was 0.96. The lowest was 0.13. And the median was 0.44.


Benguet Cyclically Adjusted Book per Share Historical Data

The historical data trend for Benguet'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.

Benguet Cyclically Adjusted Book per Share Chart

Benguet Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 7.09 8.56 9.23 9.88

Benguet Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 9.28 9.83 9.86 9.88 10.41

Competitive Comparison of Benguet's Cyclically Adjusted Book per Share

For the Gold subindustry, Benguet'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.


Benguet's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Benguet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Benguet 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, Benguet's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=13.174/134.9266*134.9266
=13.174

Current CPI (Mar. 2025) = 134.9266.

Benguet Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.772 100.684 9.075
201509 6.639 100.392 8.923
201512 6.202 99.792 8.386
201603 6.289 100.470 8.446
201606 6.154 101.688 8.166
201609 6.208 101.861 8.223
201612 5.946 101.863 7.876
201703 5.915 102.862 7.759
201706 5.962 103.349 7.784
201709 5.944 104.136 7.702
201712 6.016 104.011 7.804
201803 5.957 105.290 7.634
201806 5.945 106.317 7.545
201809 5.815 106.507 7.367
201812 6.395 105.998 8.140
201903 6.301 107.251 7.927
201906 6.286 108.070 7.848
201909 6.240 108.329 7.772
201912 7.163 108.420 8.914
202003 7.257 108.902 8.991
202006 7.323 108.767 9.084
202009 7.295 109.815 8.963
202012 7.757 109.897 9.524
202103 8.585 111.754 10.365
202106 9.031 114.631 10.630
202109 8.961 115.734 10.447
202112 10.288 117.630 11.801
202203 10.964 121.301 12.196
202206 11.859 125.017 12.799
202209 11.816 125.227 12.731
202212 12.482 125.222 13.449
202303 13.132 127.348 13.914
202306 13.182 128.729 13.817
202309 13.142 129.860 13.655
202312 13.425 129.419 13.996
202403 13.512 131.776 13.835
202406 13.860 132.554 14.108
202409 13.839 133.029 14.036
202412 12.856 133.157 13.027
202503 13.174 134.927 13.174

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


Benguet  (PHS:BCB) 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.

Benguet's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.95/10.41
=0.38

* 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 Benguet was 0.96. The lowest was 0.13. And the median was 0.44.


Be Aware

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


Benguet Cyclically Adjusted Book per Share Related Terms

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


Benguet Business Description

Industry
Traded in Other Exchanges
Address
106 Paseo de Roxas, 7th Floor, Universal Re-Building, Makati, RIZ, PHL, 1226
Benguet Corp is engaged in gold, nickel, and other metallic and nonmetallic mineral production, exploration, research and development, and natural resource projects. The company operates through four segments namely Mining, Health services, Logistics, and Others. The Mining segment is engaged in exploration, nickel, and gold mining operations. The Health services segment is engaged in the business of offering medical and clinical diagnostic examinations and health care services. The logistics segment is engaged in logistics services to the supply-chain requirements of various industries. The Other segments of the company is engaged in research, development, health services, and water projects.

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