Vivant (PHS:VVT) Cyclically Adjusted Book per Share: ₱17.39 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PHS:VVT Vivant Corp PHS:VVT
95 GF Score
Price ₱20.20
GF Value ₱27.83
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Vivant Cyclically Adjusted Book per Share?

Vivant PHS:VVT 95 Cyclically Adjusted Book per Share is ₱17.39 as of Mar. 2026. GuruFocus rates PHS:VVT with a GF Score™ of 95/100 and a GF Value™ of ₱27.83 (Modestly Undervalued). The stock has 6 warning signs investors should review.

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.

Vivant's adjusted book value per share for the three months ended in Mar. 2026 was ₱21.935. 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 ₱17.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Vivant's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.80% 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 Vivant was 18.10% per year. The lowest was 9.30% per year. And the median was 16.20% per year.

As of today (2026-07-14), Vivant's current stock price is ₱20.20. Vivant's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱17.39. Vivant's Cyclically Adjusted PB Ratio of today is 1.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vivant was 3.07. The lowest was 0.78. And the median was 1.30.


Vivant  (PHS:VVT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.20/17.39
=1.16

* 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 Vivant was 3.07. The lowest was 0.78. And the median was 1.30.


Be Aware

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


Vivant Cyclically Adjusted Book per Share Related Terms


Vivant Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Vivant'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.

Vivant Cyclically Adjusted Book per Share Chart

Vivant Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.96 12.88 14.21 15.42 16.81

Vivant Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 15.86 16.23 16.59 16.81 17.39

PHS:VVT vs NEE, SO, DUK: Cyclically Adjusted Book per Share Comparison

For the Utilities - Regulated Electric subindustry, Vivant'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.


Vivant Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Vivant's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


PHS:VVT
95GF Score
Vivant Corp PHS:VVT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vivant 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, Vivant's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=21.935/330.2130*330.2130
=21.935

Current CPI (Mar. 2026) = 330.2130.

Vivant Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.631 241.018 11.825
201609 8.994 241.428 12.302
201612 9.240 241.432 12.638
201703 9.474 243.801 12.832
201706 9.507 244.955 12.816
201709 9.816 246.819 13.133
201712 10.458 246.524 14.008
201803 10.708 249.554 14.169
201806 10.661 251.989 13.970
201809 11.337 252.439 14.830
201812 11.857 251.233 15.584
201903 12.275 254.202 15.945
201906 12.582 256.143 16.220
201909 13.281 256.759 17.080
201912 13.762 256.974 17.684
202003 14.076 258.115 18.008
202006 14.031 257.797 17.972
202009 14.447 260.280 18.329
202012 13.473 260.474 17.080
202103 15.232 264.877 18.989
202106 15.436 271.696 18.761
202109 15.965 274.310 19.219
202112 14.963 278.802 17.722
202203 16.640 287.504 19.112
202206 16.613 296.311 18.514
202209 17.093 296.808 19.017
202212 16.116 296.797 17.930
202303 16.677 301.836 18.245
202306 16.973 305.109 18.370
202309 17.555 307.789 18.834
202312 17.873 306.746 19.240
202403 18.082 312.332 19.117
202406 18.304 314.175 19.238
202409 19.074 315.301 19.976
202412 19.600 315.605 20.507
202503 19.878 319.799 20.525
202506 19.963 322.561 20.437
202509 20.853 324.800 21.201
202512 21.674 324.054 22.086
202603 21.935 330.213 21.935

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

What does a Cyclically Adjusted Book per Share of ₱17.39 mean?
Vivant (PHS:VVT) has a Cyclically Adjusted Book per Share of ₱17.39 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Vivant and its competitors.
Is Vivant's Cyclically Adjusted Book per Share too high?
Vivant's current Cyclically Adjusted Book per Share is ₱17.39. Overall, Vivant has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vivant's Cyclically Adjusted Book per Share compare to NEE and SO?
Vivant's Cyclically Adjusted Book per Share of ₱17.39 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Vivant and its competitors. Vivant's current Cyclically Adjusted Book per Share is ₱17.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivant stock overvalued right now?
Based on GuruFocus' analysis, Vivant (PHS:VVT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱27.83, compared to a current price of ₱20.20 — trading 27.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₱17.39. Vivant's overall GF Score™ is 95/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Vivant (PHS:VVT), the current Cyclically Adjusted Book per Share is ₱17.39 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vivant (PHS:VVT) Overvalued in 2026?

Based on GuruFocus' analysis, Vivant stock appears to be undervalued. The current stock price of ₱20.20 is trading 27.4% below its estimated GF Value™ of ₱27.83. GuruFocus considers Vivant to be Modestly Undervalued.

Key valuation signals for PHS:VVT:

  • Cyclically Adjusted Book per Share: ₱17.39
  • GF Value™: ₱27.83 vs. price of ₱20.20 (27.4% below fair value)
  • GF Score™: 95/100 with 6 warning signs

No single metric tells the full story. See the PHS:VVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vivant Business Description

Address A.S. Fortuna Street, 9th Floor, Oakridge IT Center 3, Oakridge Business Park, Barangay Banilad, Cebu, Mandaue, CEB, PHL, 6014
Vivant Corp, through its subsidiaries, is engaged in the electric power generation (renewable and non-renewable energy), electric power distribution, retail electricity business and water infrastructure. The company operates through three segments: (1) power generation, (2) infrastructure and water treatment and desalination, and (3) investing in shares of stock. The majority of its revenue comes from the power generation segment. Geographically, it operates predominantly in the Philippines.
95GF Score

Get the complete analysis for PHS:VVT

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱20.20
Price
₱27.83
GF Value