Central Azucarera De Tarlac (PHS:CAT) Cyclically Adjusted Book per Share: ₱16.08 (As of Mar. 2026)


PHS:CAT Central Azucarera De Tarlac Inc PHS:CAT
78 GF Score
Price ₱9.96
GF Value ₱11.94
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Central Azucarera De Tarlac Cyclically Adjusted Book per Share?

Central Azucarera De Tarlac PHS:CAT 78 Cyclically Adjusted Book per Share is ₱16.08 as of Mar. 2026. GuruFocus rates PHS:CAT with a GF Score™ of 78/100 and a GF Value™ of ₱11.94 (Modestly Undervalued). The stock has 6 warning signs investors should review.

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.

Central Azucarera De Tarlac's adjusted book value per share for the three months ended in Mar. 2026 was ₱18.644. 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 ₱16.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Central Azucarera De Tarlac's average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.80% 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 Central Azucarera De Tarlac was 15.60% per year. The lowest was 8.40% per year. And the median was 13.25% per year.

As of today (2026-06-26), Central Azucarera De Tarlac's current stock price is ₱9.96. Central Azucarera De Tarlac's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱16.08. Central Azucarera De Tarlac's Cyclically Adjusted PB Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Central Azucarera De Tarlac was 2.67. The lowest was 0.62. And the median was 0.90.


Central Azucarera De Tarlac  (PHS:CAT) 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.

Central Azucarera De Tarlac's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.96/16.08
=0.62

* 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 Central Azucarera De Tarlac was 2.67. The lowest was 0.62. And the median was 0.90.


Be Aware

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


Central Azucarera De Tarlac Cyclically Adjusted Book per Share Related Terms


Central Azucarera De Tarlac Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Central Azucarera De Tarlac'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.

Central Azucarera De Tarlac Cyclically Adjusted Book per Share Chart

Central Azucarera De Tarlac Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.02 11.89 12.98 14.12 15.15

Central Azucarera De Tarlac Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.83 15.15 15.46 15.61 16.08

PHS:CAT vs MDLZ, HSY, TR: Cyclically Adjusted Book per Share Comparison

For the Confectioners subindustry, Central Azucarera De Tarlac'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.


Central Azucarera De Tarlac Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Central Azucarera De Tarlac's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Central Azucarera De Tarlac's Cyclically Adjusted PB Ratio falls into.


PHS:CAT
78GF Score
Central Azucarera De Tarlac Inc PHS:CAT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central Azucarera De Tarlac 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, Central Azucarera De Tarlac's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=18.644/330.2130*330.2130
=18.644

Current CPI (Mar. 2026) = 330.2130.

Central Azucarera De Tarlac Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.198 241.018 13.972
201609 9.787 241.428 13.386
201612 9.927 241.432 13.577
201703 10.778 243.801 14.598
201706 10.888 244.955 14.678
201709 10.522 246.819 14.077
201712 10.735 246.524 14.379
201803 11.342 249.554 15.008
201806 13.592 251.989 17.811
201809 13.412 252.439 17.544
201812 13.621 251.233 17.903
201903 13.816 254.202 17.947
201906 14.223 256.143 18.336
201909 13.946 256.759 17.936
201912 13.762 256.974 17.684
202003 14.336 258.115 18.340
202006 14.428 257.797 18.481
202009 14.167 260.280 17.973
202012 12.061 260.474 15.290
202103 12.773 264.877 15.924
202106 13.027 271.696 15.833
202109 12.654 274.310 15.233
202112 12.663 278.802 14.998
202203 13.354 287.504 15.338
202206 13.491 296.311 15.035
202209 13.098 296.808 14.572
202212 13.134 296.797 14.613
202303 13.923 301.836 15.232
202306 14.621 305.109 15.824
202309 14.140 307.789 15.170
202312 14.008 306.746 15.080
202403 8.485 312.332 8.971
202406 16.234 314.175 17.063
202409 16.017 315.301 16.775
202412 15.920 315.605 16.657
202503 16.511 319.799 17.049
202506 18.707 322.561 19.151
202509 18.443 324.800 18.750
202512 17.924 324.054 18.265
202603 18.644 330.213 18.644

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

What does a Cyclically Adjusted Book per Share of ₱16.08 mean?
Central Azucarera De Tarlac (PHS:CAT) has a Cyclically Adjusted Book per Share of ₱16.08 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Central Azucarera De Tarlac and its competitors.
Is Central Azucarera De Tarlac's Cyclically Adjusted Book per Share too high?
Central Azucarera De Tarlac's current Cyclically Adjusted Book per Share is ₱16.08. Overall, Central Azucarera De Tarlac has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central Azucarera De Tarlac's Cyclically Adjusted Book per Share compare to MDLZ and HSY?
Central Azucarera De Tarlac's Cyclically Adjusted Book per Share of ₱16.08 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Central Azucarera De Tarlac and its competitors. Central Azucarera De Tarlac's current Cyclically Adjusted Book per Share is ₱16.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Azucarera De Tarlac stock overvalued right now?
Based on GuruFocus' analysis, Central Azucarera De Tarlac (PHS:CAT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱11.94, compared to a current price of ₱9.96 — trading 16.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₱16.08. Central Azucarera De Tarlac's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Central Azucarera De Tarlac (PHS:CAT), the current Cyclically Adjusted Book per Share is ₱16.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Central Azucarera De Tarlac (PHS:CAT) Overvalued in 2026?

Based on GuruFocus' analysis, Central Azucarera De Tarlac stock appears to be undervalued. The current stock price of ₱9.96 is trading 16.6% below its estimated GF Value™ of ₱11.94. GuruFocus considers Central Azucarera De Tarlac to be Modestly Undervalued.

Key valuation signals for PHS:CAT:

  • Cyclically Adjusted Book per Share: ₱16.08
  • GF Value™: ₱11.94 vs. price of ₱9.96 (16.6% below fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the PHS:CAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central Azucarera De Tarlac Business Description

Address San Miguel, Tarlac, PHL, 1231
Central Azucarera De Tarlac Inc is a company engaged in the business of sugar milling. It engages in the production of raw and refined sugar, alcohol, liquid carbon dioxide and yeast. It operates through the following segments: Sugar and by-Products, Real estate and Industrial services. The Sugar and by-Products segment involve the production of sugar and sugar by-products. Real estate and Industrial services include developing, leasing and selling real properties and other ancillary services. The Sugar and By-Products segment accounts majorly in the firm's revenue while it principally operates in the Philippines.
78GF Score

Get the complete analysis for PHS:CAT

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱9.96
Price
₱11.94
GF Value