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Paxys (PHS:PAX) Cyclically Adjusted Book per Share : ₱4.93 (As of Sep. 2024)


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What is Paxys 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.

Paxys's adjusted book value per share for the three months ended in Sep. 2024 was ₱5.291. 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 ₱4.93 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Paxys's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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 Paxys was 9.50% per year. The lowest was 8.10% per year. And the median was 9.40% per year.

As of today (2025-03-03), Paxys's current stock price is ₱3.39. Paxys's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₱4.93. Paxys's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Paxys was 1.24. The lowest was 0.22. And the median was 0.54.


Paxys Cyclically Adjusted Book per Share Historical Data

The historical data trend for Paxys'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.

Paxys Cyclically Adjusted Book per Share Chart

Paxys 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 3.51 3.77 4.27 4.61 4.76

Paxys Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.78 4.76 4.85 4.88 4.93

Competitive Comparison of Paxys's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Paxys'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.


Paxys's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Paxys's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Paxys 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, Paxys's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=5.291/133.0289*133.0289
=5.291

Current CPI (Sep. 2024) = 133.0289.

Paxys Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.994 99.070 4.020
201503 2.989 99.621 3.991
201506 3.004 100.684 3.969
201509 3.076 100.392 4.076
201512 3.085 99.792 4.112
201603 3.049 100.470 4.037
201606 3.099 101.688 4.054
201609 3.170 101.861 4.140
201612 3.224 101.863 4.210
201703 3.250 102.862 4.203
201706 3.270 103.349 4.209
201709 3.285 104.136 4.196
201712 3.243 104.011 4.148
201803 3.344 105.290 4.225
201806 3.400 106.317 4.254
201809 3.434 106.507 4.289
201812 4.812 105.998 6.039
201903 4.818 107.251 5.976
201906 4.747 108.070 5.843
201909 4.797 108.329 5.891
201912 4.717 108.420 5.788
202003 4.714 108.902 5.758
202006 4.648 108.767 5.685
202009 4.547 109.815 5.508
202012 4.521 109.897 5.473
202103 4.540 111.754 5.404
202106 4.551 114.631 5.281
202109 4.701 115.734 5.403
202112 4.686 117.630 5.299
202203 4.696 121.301 5.150
202206 4.884 125.017 5.197
202209 5.132 125.227 5.452
202212 4.964 125.222 5.273
202303 4.897 127.348 5.115
202306 4.991 128.729 5.158
202309 5.121 129.860 5.246
202312 5.094 129.419 5.236
202403 5.203 131.776 5.252
202406 5.425 132.554 5.444
202409 5.291 133.029 5.291

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


Paxys  (PHS:PAX) 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.

Paxys's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.39/4.93
=0.69

* 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 Paxys was 1.24. The lowest was 0.22. And the median was 0.54.


Be Aware

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


Paxys Cyclically Adjusted Book per Share Related Terms

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


Paxys Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ayala Avenue, 15th Floor, 6750 Ayala Office Tower, Makati City, PHL, 1226
Paxys Inc is an investment holding company. The firm through its subsidiaries is engaged in diversified services, such as business process outsourcing and data conversion throughout the Philippines and internationally. The activities of the company include general transcription, data conversion, leasing and subleasing contact center, and other outsourcing services of the group and others.