GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seafront Resources Corp (PHS:SPM) » Definitions » Cyclically Adjusted Book per Share

Seafront Resources (PHS:SPM) Cyclically Adjusted Book per Share : ₱3.00 (As of Mar. 2024)


View and export this data going back to 1974. Start your Free Trial

What is Seafront Resources 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.

Seafront Resources's adjusted book value per share for the three months ended in Mar. 2024 was ₱3.717. 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 ₱3.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Seafront Resources's average Cyclically Adjusted Book Growth Rate was 12.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.60% 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 Seafront Resources was 16.20% per year. The lowest was 15.40% per year. And the median was 16.20% per year.

As of today (2024-06-19), Seafront Resources's current stock price is ₱1.20. Seafront Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱3.00. Seafront Resources's Cyclically Adjusted PB Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seafront Resources was 2.03. The lowest was 0.35. And the median was 1.05.


Seafront Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seafront Resources'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.

Seafront Resources Cyclically Adjusted Book per Share Chart

Seafront Resources 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 1.64 1.88 2.23 2.57 2.89

Seafront Resources 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 2.67 2.76 2.84 2.89 3.00

Competitive Comparison of Seafront Resources's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Seafront Resources'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.


Seafront Resources's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Seafront Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Seafront Resources 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, Seafront Resources'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)
=3.717/131.7762*131.7762
=3.717

Current CPI (Mar. 2024) = 131.7762.

Seafront Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.146 100.560 1.502
201409 1.149 100.428 1.508
201412 1.109 99.070 1.475
201503 1.103 99.621 1.459
201506 1.100 100.684 1.440
201509 1.052 100.392 1.381
201512 1.016 99.792 1.342
201603 1.063 100.470 1.394
201606 1.091 101.688 1.414
201609 1.106 101.861 1.431
201612 1.285 101.863 1.662
201703 1.290 102.862 1.653
201706 1.467 103.349 1.871
201709 1.464 104.136 1.853
201712 2.792 104.011 3.537
201803 3.255 105.290 4.074
201806 3.189 106.317 3.953
201809 3.189 106.507 3.946
201812 2.691 105.998 3.345
201903 2.744 107.251 3.371
201906 2.853 108.070 3.479
201909 2.866 108.329 3.486
201912 3.479 108.420 4.228
202003 3.344 108.902 4.046
202006 3.417 108.767 4.140
202009 3.439 109.815 4.127
202012 3.265 109.897 3.915
202103 3.261 111.754 3.845
202106 3.397 114.631 3.905
202109 3.432 115.734 3.908
202112 3.235 117.630 3.624
202203 3.289 121.301 3.573
202206 3.277 125.017 3.454
202209 3.243 125.227 3.413
202212 3.785 125.222 3.983
202303 3.786 127.348 3.918
202306 3.802 128.729 3.892
202309 3.788 129.860 3.844
202312 3.729 129.419 3.797
202403 3.717 131.776 3.717

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


Seafront Resources  (PHS:SPM) 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.

Seafront Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.20/3
=0.40

* 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 Seafront Resources was 2.03. The lowest was 0.35. And the median was 1.05.


Be Aware

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


Seafront Resources Cyclically Adjusted Book per Share Related Terms

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


Seafront Resources (PHS:SPM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ADB Avenue, Ortigas Center, 7th Floor, JMT Building, Pasig, QUE, PHL, 1605
Seafront Resources Corp is a holding company. It is primarily involved in the business of oil exploration and production activity.

Seafront Resources (PHS:SPM) Headlines

No Headlines