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Philippine Infradev Holdings (PHS:INFRA) Cyclically Adjusted Book per Share : ₱13.92 (As of Dec. 2024)


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What is Philippine Infradev 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.

Philippine Infradev Holdings's adjusted book value per share for the three months ended in Dec. 2024 was ₱16.652. 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 ₱13.92 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Philippine Infradev Holdings's average Cyclically Adjusted Book Growth Rate was 15.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 25.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 44.30% 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 Philippine Infradev Holdings was 68.80% per year. The lowest was 25.20% per year. And the median was 39.40% per year.

As of today (2025-05-16), Philippine Infradev Holdings's current stock price is ₱0.27. Philippine Infradev Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₱13.92. Philippine Infradev Holdings's Cyclically Adjusted PB Ratio of today is 0.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Philippine Infradev Holdings was 0.61. The lowest was 0.02. And the median was 0.11.


Philippine Infradev Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Philippine Infradev 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.

Philippine Infradev Holdings Cyclically Adjusted Book per Share Chart

Philippine Infradev 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 4.44 7.10 10.01 12.03 13.92

Philippine Infradev Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 12.03 12.63 13.09 13.53 13.92

Competitive Comparison of Philippine Infradev Holdings's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Philippine Infradev 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.


Philippine Infradev Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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


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Philippine Infradev 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, Philippine Infradev Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=16.652/133.1571*133.1571
=16.652

Current CPI (Dec. 2024) = 133.1571.

Philippine Infradev Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.000 99.621 0.000
201506 1.284 100.684 1.698
201509 1.352 100.392 1.793
201512 1.322 99.792 1.764
201603 1.320 100.470 1.749
201606 1.322 101.688 1.731
201609 1.383 101.861 1.808
201612 1.390 101.863 1.817
201703 1.393 102.862 1.803
201706 1.398 103.349 1.801
201709 1.456 104.136 1.862
201712 1.407 104.011 1.801
201803 1.426 105.290 1.803
201806 1.423 106.317 1.782
201809 6.936 106.507 8.672
201812 4.252 105.998 5.341
201903 1.033 107.251 1.283
201906 1.027 108.070 1.265
201909 1.401 108.329 1.722
201912 22.136 108.420 27.187
202003 22.134 108.902 27.064
202006 22.131 108.767 27.094
202009 22.128 109.815 26.832
202012 22.209 109.897 26.910
202103 22.208 111.754 26.461
202106 23.191 114.631 26.939
202109 23.190 115.734 26.681
202112 23.430 117.630 26.523
202203 23.428 121.301 25.718
202206 23.435 125.017 24.961
202209 23.474 125.227 24.961
202212 23.970 125.222 25.489
202303 23.971 127.348 25.064
202306 23.972 128.729 24.797
202309 23.973 129.860 24.582
202312 16.692 129.419 17.174
202403 16.696 131.776 16.871
202406 16.701 132.554 16.777
202409 16.701 133.029 16.717
202412 16.652 133.157 16.652

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


Philippine Infradev Holdings  (PHS:INFRA) 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.

Philippine Infradev Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.27/13.92
=0.02

* 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 Philippine Infradev Holdings was 0.61. The lowest was 0.02. And the median was 0.11.


Be Aware

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


Philippine Infradev Holdings Cyclically Adjusted Book per Share Related Terms

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


Philippine Infradev Holdings Business Description

Traded in Other Exchanges
N/A
Address
6784 Ayala Avenue, 38th Floor, Rufino Pacific Tower, Makati, PHL, 1223
Philippine Infradev Holdings Inc is majorly involved in the acquisition, reclamation, development, or exploitation of lands to convert and develop lands to integrated residential or commercial neighborhoods. The company also, through its subsidiaries is involved in the acquisition and selling of real estate of all kinds or holds properties for investment purposes. Its operating segment includes Real Estate and Subway. The company generates maximum revenue from the Real Estate segment.

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