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Lodestar Investment Holdings (PHS:LODE) Cyclically Adjusted Book per Share : ₱0.08 (As of Mar. 2024)


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What is Lodestar Investment 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.

Lodestar Investment Holdings's adjusted book value per share for the three months ended in Mar. 2024 was ₱0.076. 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 ₱0.08 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% 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 Lodestar Investment Holdings was 4.60% per year. The lowest was 4.60% per year. And the median was 4.60% per year.

As of today (2024-06-14), Lodestar Investment Holdings's current stock price is ₱0.37. Lodestar Investment Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱0.08. Lodestar Investment Holdings's Cyclically Adjusted PB Ratio of today is 4.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lodestar Investment Holdings was 6.50. The lowest was 0.00. And the median was 0.00.


Lodestar Investment Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lodestar Investment 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.

Lodestar Investment Holdings Cyclically Adjusted Book per Share Chart

Lodestar Investment Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.07 0.08 0.08 0.08

Lodestar Investment Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.08 0.08 0.08 0.08 0.08

Competitive Comparison of Lodestar Investment Holdings's Cyclically Adjusted Book per Share

For the Shell Companies subindustry, Lodestar Investment 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.


Lodestar Investment Holdings's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lodestar Investment Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lodestar Investment 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, Lodestar Investment Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.076/131.7762*131.7762
=0.076

Current CPI (Mar. 2024) = 131.7762.

Lodestar Investment Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.060 100.560 0.079
201409 0.060 100.428 0.079
201412 0.058 99.070 0.077
201503 0.058 99.621 0.077
201506 0.057 100.684 0.075
201509 0.030 100.392 0.039
201512 0.028 99.792 0.037
201603 0.028 100.470 0.037
201606 0.028 101.688 0.036
201609 0.028 101.861 0.036
201612 0.094 101.863 0.122
201703 0.093 102.862 0.119
201706 0.080 103.349 0.102
201709 0.080 104.136 0.101
201712 0.080 104.011 0.101
201803 0.080 105.290 0.100
201806 0.080 106.317 0.099
201809 0.080 106.507 0.099
201812 0.080 105.998 0.099
201903 0.080 107.251 0.098
201906 0.080 108.070 0.098
201909 0.080 108.329 0.097
201912 0.080 108.420 0.097
202003 0.080 108.902 0.097
202006 0.080 108.767 0.097
202009 0.080 109.815 0.096
202012 0.080 109.897 0.096
202103 0.080 111.754 0.094
202106 0.080 114.631 0.092
202109 0.079 115.734 0.090
202112 0.080 117.630 0.090
202203 0.080 121.301 0.087
202206 0.080 125.017 0.084
202209 0.079 125.227 0.083
202212 0.079 125.222 0.083
202303 0.079 127.348 0.082
202306 0.079 128.729 0.081
202309 0.079 129.860 0.080
202312 0.076 129.419 0.077
202403 0.076 131.776 0.076

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


Lodestar Investment Holdings  (PHS:LODE) 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.

Lodestar Investment Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.37/0.08
=4.63

* 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 Lodestar Investment Holdings was 6.50. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Lodestar Investment Holdings Cyclically Adjusted Book per Share Related Terms

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


Lodestar Investment Holdings (PHS:LODE) Business Description

Traded in Other Exchanges
N/A
Address
1505 Princeton Street, Corner Shaw Boulevard, 7th Floor Peaksun Building, Barangay Wack-Wack, Greenhills, Mandaluyong, PHL, 1552
Lodestar Investment Holdings Corp has no current operations. The company's purpose is to engage in investment activities as an investment holdings company.

Lodestar Investment Holdings (PHS:LODE) Headlines

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