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Empire East Land Holdings (PHS:ELI) Cyclically Adjusted Book per Share : ₱2.13 (As of Mar. 2025)


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What is Empire East Land Holdings 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.

Empire East Land Holdings's adjusted book value per share for the three months ended in Mar. 2025 was ₱1.941. 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 ₱2.13 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Empire East Land Holdings's average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.40% 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 Empire East Land Holdings was 4.40% per year. The lowest was 0.70% per year. And the median was 3.20% per year.

As of today (2025-05-28), Empire East Land Holdings's current stock price is ₱0.118. Empire East Land Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₱2.13. Empire East Land Holdings's Cyclically Adjusted PB Ratio of today is 0.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Empire East Land Holdings was 0.38. The lowest was 0.05. And the median was 0.14.


Empire East Land Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Empire East Land Holdings'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.

Empire East Land Holdings Cyclically Adjusted Book per Share Chart

Empire East Land Holdings 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 1.82 1.92 2.03 2.07 2.11

Empire East Land Holdings 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 2.11 2.11 2.11 2.11 2.13

Competitive Comparison of Empire East Land Holdings's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Empire East Land Holdings'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.


Empire East Land Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Empire East Land Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Empire East Land Holdings's Cyclically Adjusted PB Ratio falls into.


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Empire East Land Holdings 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, Empire East Land Holdings'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)
=1.941/134.9266*134.9266
=1.941

Current CPI (Mar. 2025) = 134.9266.

Empire East Land Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.663 100.684 2.229
201509 1.624 100.392 2.183
201512 1.640 99.792 2.217
201603 1.652 100.470 2.219
201606 1.652 101.688 2.192
201609 1.671 101.861 2.213
201612 1.652 101.863 2.188
201703 1.666 102.862 2.185
201706 1.690 103.349 2.206
201709 1.714 104.136 2.221
201712 1.718 104.011 2.229
201803 1.716 105.290 2.199
201806 1.713 106.317 2.174
201809 1.727 106.507 2.188
201812 1.713 105.998 2.181
201903 1.742 107.251 2.192
201906 1.748 108.070 2.182
201909 1.713 108.329 2.134
201912 1.757 108.420 2.187
202003 1.736 108.902 2.151
202006 1.748 108.767 2.168
202009 1.750 109.815 2.150
202012 1.786 109.897 2.193
202103 1.801 111.754 2.174
202106 1.809 114.631 2.129
202109 1.818 115.734 2.119
202112 1.853 117.630 2.125
202203 1.871 121.301 2.081
202206 1.855 125.017 2.002
202209 1.860 125.227 2.004
202212 1.906 125.222 2.054
202303 1.923 127.348 2.037
202306 1.946 128.729 2.040
202309 1.948 129.860 2.024
202312 1.947 129.419 2.030
202403 1.955 131.776 2.002
202406 1.961 132.554 1.996
202409 1.979 133.029 2.007
202412 1.946 133.157 1.972
202503 1.941 134.927 1.941

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


Empire East Land Holdings  (PHS:ELI) 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.

Empire East Land Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.118/2.13
=0.06

* 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 Empire East Land Holdings was 0.38. The lowest was 0.05. And the median was 0.14.


Be Aware

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


Empire East Land Holdings Cyclically Adjusted Book per Share Related Terms

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


Empire East Land Holdings Business Description

Traded in Other Exchanges
N/A
Address
P. Antonio Street, 2nd Floor Tower 2, Kasara Urban Resort Residences, Barangay Ugong, Pasig City, PHL, 1604
Empire East Land Holdings Inc is engaged in the development and marketing of mid-cost housing projects in the form of condominium communities, subdivision lots and house and lot packages, and commercial units to a limited extent. The company also leases out commercial and industrial properties. It classifies and monitors its projects into high-rise and horizontal. High-rise projects refer to condominiums and other medium-scale properties while horizontal projects refer to house and lot packages and subdivision lots. Both are intended for the middle-income market.

Empire East Land Holdings Headlines

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