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Mabuhay Vinyl (PHS:MVC) Cyclically Adjusted Book per Share : ₱4.08 (As of Mar. 2024)


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What is Mabuhay Vinyl 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.

Mabuhay Vinyl's adjusted book value per share for the three months ended in Mar. 2024 was ₱5.770. 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 ₱4.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mabuhay Vinyl's average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.10% 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 Mabuhay Vinyl was 13.50% per year. The lowest was 11.00% per year. And the median was 12.80% per year.

As of today (2024-06-23), Mabuhay Vinyl's current stock price is ₱4.87. Mabuhay Vinyl's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱4.08. Mabuhay Vinyl's Cyclically Adjusted PB Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mabuhay Vinyl was 1.97. The lowest was 1.17. And the median was 1.49.


Mabuhay Vinyl Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mabuhay Vinyl'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.

Mabuhay Vinyl Cyclically Adjusted Book per Share Chart

Mabuhay Vinyl 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 2.46 2.69 3.09 3.53 3.93

Mabuhay Vinyl 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 3.65 3.76 3.87 3.93 4.08

Competitive Comparison of Mabuhay Vinyl's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Mabuhay Vinyl'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.


Mabuhay Vinyl's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mabuhay Vinyl's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mabuhay Vinyl 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, Mabuhay Vinyl'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)
=5.77/131.7762*131.7762
=5.770

Current CPI (Mar. 2024) = 131.7762.

Mabuhay Vinyl Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.023 100.560 2.651
201409 2.057 100.428 2.699
201412 2.070 99.070 2.753
201503 2.156 99.621 2.852
201506 2.132 100.684 2.790
201509 2.156 100.392 2.830
201512 2.150 99.792 2.839
201603 2.186 100.470 2.867
201606 2.167 101.688 2.808
201609 2.204 101.861 2.851
201612 2.311 101.863 2.990
201703 2.328 102.862 2.982
201706 2.298 103.349 2.930
201709 2.370 104.136 2.999
201712 2.488 104.011 3.152
201803 2.596 105.290 3.249
201806 2.675 106.317 3.316
201809 2.875 106.507 3.557
201812 3.307 105.998 4.111
201903 3.479 107.251 4.275
201906 3.535 108.070 4.310
201909 3.660 108.329 4.452
201912 3.776 108.420 4.589
202003 3.931 108.902 4.757
202006 3.916 108.767 4.744
202009 4.036 109.815 4.843
202012 4.165 109.897 4.994
202103 4.294 111.754 5.063
202106 4.306 114.631 4.950
202109 4.396 115.734 5.005
202112 4.576 117.630 5.126
202203 4.738 121.301 5.147
202206 4.770 125.017 5.028
202209 4.910 125.227 5.167
202212 5.109 125.222 5.376
202303 5.280 127.348 5.464
202306 5.379 128.729 5.506
202309 5.564 129.860 5.646
202312 5.628 129.419 5.730
202403 5.770 131.776 5.770

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


Mabuhay Vinyl  (PHS:MVC) 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.

Mabuhay Vinyl's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.87/4.08
=1.19

* 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 Mabuhay Vinyl was 1.97. The lowest was 1.17. And the median was 1.49.


Be Aware

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


Mabuhay Vinyl Cyclically Adjusted Book per Share Related Terms

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


Mabuhay Vinyl (PHS:MVC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
169 H.V. Dela Costa Street, 22nd Floor, The Salcedo Towers, Salcedo Village, Makati City, PHL, 1227
Mabuhay Vinyl Corp is a Philippines based Chlor-Alkali chemical producer. It focuses on manufacturing and distributing basic and intermediate chemicals. Some of its products are caustic soda, hydrochloric acid, sodium hypochlorite and chlorine which are widely used in diversified industries. The Group considers the manufacturing and distribution of basic and intermediate chemicals as its business activity and only operating segment.

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