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Marcventures Holdings (PHS:MARC) Cyclically Adjusted Book per Share : ₱1.83 (As of Mar. 2024)


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What is Marcventures 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.

Marcventures Holdings's adjusted book value per share for the three months ended in Mar. 2024 was ₱1.561. 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 ₱1.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Marcventures Holdings's average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -19.30% 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 Marcventures Holdings was 5.50% per year. The lowest was -28.90% per year. And the median was -27.30% per year.

As of today (2024-06-19), Marcventures Holdings's current stock price is ₱0.75. Marcventures Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱1.83. Marcventures Holdings's Cyclically Adjusted PB Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Marcventures Holdings was 1.22. The lowest was 0.11. And the median was 0.49.


Marcventures Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Marcventures 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.

Marcventures Holdings Cyclically Adjusted Book per Share Chart

Marcventures 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 4.64 1.54 1.67 1.78 1.81

Marcventures 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 1.81 1.83 1.83 1.81 1.83

Competitive Comparison of Marcventures Holdings's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Marcventures 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.


Marcventures Holdings's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Marcventures Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Marcventures 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, Marcventures 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)
=1.561/131.7762*131.7762
=1.561

Current CPI (Mar. 2024) = 131.7762.

Marcventures Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.600 100.560 2.097
201409 1.892 100.428 2.483
201412 1.690 99.070 2.248
201503 1.656 99.621 2.191
201506 1.600 100.684 2.094
201509 1.656 100.392 2.174
201512 1.627 99.792 2.148
201603 1.586 100.470 2.080
201606 1.522 101.688 1.972
201609 1.599 101.861 2.069
201612 1.632 101.863 2.111
201703 1.592 102.862 2.040
201706 1.645 103.349 2.097
201709 1.736 104.136 2.197
201712 1.417 104.011 1.795
201803 1.375 105.290 1.721
201806 1.424 106.317 1.765
201809 1.428 106.507 1.767
201812 1.290 105.998 1.604
201903 1.264 107.251 1.553
201906 1.221 108.070 1.489
201909 1.246 108.329 1.516
201912 1.301 108.420 1.581
202003 1.260 108.902 1.525
202006 1.347 108.767 1.632
202009 1.356 109.815 1.627
202012 1.425 109.897 1.709
202103 1.387 111.754 1.635
202106 1.370 114.631 1.575
202109 1.687 115.734 1.921
202112 1.547 117.630 1.733
202203 1.527 121.301 1.659
202206 1.619 125.017 1.707
202209 1.670 125.227 1.757
202212 1.616 125.222 1.701
202303 1.604 127.348 1.660
202306 1.626 128.729 1.664
202309 1.713 129.860 1.738
202312 1.591 129.419 1.620
202403 1.561 131.776 1.561

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


Marcventures Holdings  (PHS:MARC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.75/1.83
=0.41

* 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 Marcventures Holdings was 1.22. The lowest was 0.11. And the median was 0.49.


Be Aware

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


Marcventures Holdings Cyclically Adjusted Book per Share Related Terms

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


Marcventures Holdings (PHS:MARC) Business Description

Traded in Other Exchanges
N/A
Address
Unit 4-3, 8741 Paseo de Roxas, 4th Floor, BDO Towers Paseo, Makati, PHL, 1227
Marcventures Holdings Inc is a company that is involved in mining exploration, smelting, extracting of mineral ores such as nickel, chromite, copper, gold, manganese and other metallic or non-metallic resources. The company's primary mining projects are located in the Philippines which involves converting raw metal into a refined product. Its primary source of revenue is from the sale of ores, mainly nickel ore.

Marcventures Holdings (PHS:MARC) Headlines

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