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Rockwell Land (PHS:ROCK) Cyclically Adjusted Book per Share : ₱3.77 (As of Mar. 2024)


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What is Rockwell Land 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.

Rockwell Land's adjusted book value per share for the three months ended in Mar. 2024 was ₱4.519. 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 ₱3.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rockwell Land's average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.70% 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 Rockwell Land was 11.70% per year. The lowest was 11.70% per year. And the median was 11.70% per year.

As of today (2024-06-05), Rockwell Land's current stock price is ₱1.56. Rockwell Land's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱3.77. Rockwell Land's Cyclically Adjusted PB Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rockwell Land was 0.64. The lowest was 0.37. And the median was 0.43.


Rockwell Land Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rockwell Land'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.

Rockwell Land Cyclically Adjusted Book per Share Chart

Rockwell Land 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 - 2.62 2.93 3.33 3.65

Rockwell Land 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 3.43 3.53 3.61 3.65 3.77

Competitive Comparison of Rockwell Land's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Rockwell Land'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.


Rockwell Land's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Rockwell Land 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, Rockwell Land'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)
=4.519/131.7762*131.7762
=4.519

Current CPI (Mar. 2024) = 131.7762.

Rockwell Land Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.942 100.560 2.545
201409 1.961 100.428 2.573
201412 2.055 99.070 2.733
201503 2.118 99.621 2.802
201506 2.173 100.684 2.844
201509 2.186 100.392 2.869
201512 2.261 99.792 2.986
201603 2.322 100.470 3.046
201606 2.381 101.688 3.086
201609 2.411 101.861 3.119
201612 2.507 101.863 3.243
201703 2.596 102.862 3.326
201706 2.622 103.349 3.343
201709 2.716 104.136 3.437
201712 2.798 104.011 3.545
201803 2.904 105.290 3.635
201806 3.007 106.317 3.727
201809 3.041 106.507 3.762
201812 3.021 105.998 3.756
201903 3.177 107.251 3.904
201906 3.270 108.070 3.987
201909 3.324 108.329 4.043
201912 3.451 108.420 4.194
202003 3.562 108.902 4.310
202006 3.554 108.767 4.306
202009 3.528 109.815 4.234
202012 3.569 109.897 4.280
202103 3.659 111.754 4.315
202106 3.777 114.631 4.342
202109 3.805 115.734 4.332
202112 3.808 117.630 4.266
202203 3.898 121.301 4.235
202206 4.026 125.017 4.244
202209 4.139 125.227 4.355
202212 4.151 125.222 4.368
202303 4.254 127.348 4.402
202306 4.411 128.729 4.515
202309 4.493 129.860 4.559
202312 4.573 129.419 4.656
202403 4.519 131.776 4.519

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


Rockwell Land  (PHS:ROCK) 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.

Rockwell Land's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.56/3.77
=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 Rockwell Land was 0.64. The lowest was 0.37. And the median was 0.43.


Be Aware

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


Rockwell Land Cyclically Adjusted Book per Share Related Terms

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


Rockwell Land (PHS:ROCK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8 Rockwell, Hidalgo Center, Rockwell Center, 2nd Floor, Metro Manila, Makati, RIZ, PHL, 1200
Rockwell Land Corp engages in the real estate development of residential and commercial properties. It operates through the following business segments: Residential Development, Commercial Development, and Hotel Operations. The Residential Development segment which earns the majority of revenue involves the development, sale, and property management of all residential units under the Rockwell and Primaries brands. Its Commercial Development segment develops, leases, and manages its retail and office developments. The Hotel Operations segment engages in the lease of serviced apartments and management of hotel and resort operations.