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Discovery World (PHS:DWC) Cyclically Adjusted Book per Share : ₱4.15 (As of Mar. 2025)


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What is Discovery World 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.

Discovery World's adjusted book value per share for the three months ended in Mar. 2025 was ₱6.186. 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 ₱4.15 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Discovery World's average Cyclically Adjusted Book Growth Rate was 11.90% 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.

As of today (2025-05-29), Discovery World's current stock price is ₱1.08. Discovery World's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₱4.15. Discovery World's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Discovery World was 0.59. The lowest was 0.25. And the median was 0.38.


Discovery World Cyclically Adjusted Book per Share Historical Data

The historical data trend for Discovery World'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.

Discovery World Cyclically Adjusted Book per Share Chart

Discovery World 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 - - 3.03 3.54 4.05

Discovery World 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 3.71 3.83 3.95 4.05 4.15

Competitive Comparison of Discovery World's Cyclically Adjusted Book per Share

For the Resorts & Casinos subindustry, Discovery World'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.


Discovery World's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Discovery World's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Discovery World 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, Discovery World'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)
=6.186/134.9266*134.9266
=6.186

Current CPI (Mar. 2025) = 134.9266.

Discovery World Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.923 100.684 2.577
201509 1.877 100.392 2.523
201512 1.959 99.792 2.649
201603 2.005 100.470 2.693
201606 2.010 101.688 2.667
201609 1.974 101.861 2.615
201612 1.946 101.863 2.578
201703 1.992 102.862 2.613
201706 2.034 103.349 2.655
201709 1.988 104.136 2.576
201712 1.934 104.011 2.509
201803 1.964 105.290 2.517
201806 1.936 106.317 2.457
201809 1.825 106.507 2.312
201812 1.786 105.998 2.273
201903 1.789 107.251 2.251
201906 1.853 108.070 2.314
201909 1.770 108.329 2.205
201912 2.344 108.420 2.917
202003 1.694 108.902 2.099
202006 1.545 108.767 1.917
202009 1.357 109.815 1.667
202012 1.554 109.897 1.908
202103 1.020 111.754 1.231
202106 6.229 114.631 7.332
202109 6.124 115.734 7.140
202112 6.436 117.630 7.382
202203 6.384 121.301 7.101
202206 6.424 125.017 6.933
202209 6.366 125.227 6.859
202212 6.599 125.222 7.110
202303 6.578 127.348 6.969
202306 6.532 128.729 6.846
202309 6.414 129.860 6.664
202312 6.546 129.419 6.825
202403 6.517 131.776 6.673
202406 6.486 132.554 6.602
202409 6.346 133.029 6.437
202412 6.219 133.157 6.302
202503 6.186 134.927 6.186

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


Discovery World  (PHS:DWC) 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.

Discovery World's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.08/4.15
=0.26

* 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 Discovery World was 0.59. The lowest was 0.25. And the median was 0.38.


Be Aware

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


Discovery World Cyclically Adjusted Book per Share Related Terms

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


Discovery World Business Description

Traded in Other Exchanges
N/A
Address
Station I, Balabag, Malay, Aklan, Makati City, PHL
Discovery World Corporation is engaged in developing, investing in, owning, acquiring, administering, constructing, and operating hotels, resorts, apartelles, condominiums, townhouses, buildings, other tourist related structures, and their usual facilities, including but not limited to, the operation of transportation or shuttle services for tourists in all its various forms by means of automobiles, motor cars, buses, trucks, cruise lines, yachts, boats, luxury vessels, leisure, and sports crafts. the Company derives its revenues from the operations of Discovery Shores Boracay, Club Paradise, Shoppes at Vanilla Beach, Discovery Fleet, and Discovery Hospitality.

Discovery World Headlines

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