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Aboitiz Equity Ventures (Aboitiz Equity Ventures) Cyclically Adjusted PB Ratio : 1.15 (As of May. 27, 2024)


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What is Aboitiz Equity Ventures Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Aboitiz Equity Ventures's current share price is $0.7687. Aboitiz Equity Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.67. Aboitiz Equity Ventures's Cyclically Adjusted PB Ratio for today is 1.15.

The historical rank and industry rank for Aboitiz Equity Ventures's Cyclically Adjusted PB Ratio or its related term are showing as below:

ABOIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 2.08   Max: 4.95
Current: 1.02

During the past years, Aboitiz Equity Ventures's highest Cyclically Adjusted PB Ratio was 4.95. The lowest was 1.01. And the median was 2.08.

ABOIF's Cyclically Adjusted PB Ratio is ranked better than
65.48% of 449 companies
in the Utilities - Regulated industry
Industry Median: 1.42 vs ABOIF: 1.02

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.

Aboitiz Equity Ventures's adjusted book value per share data for the three months ended in Mar. 2024 was $0.826. 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 $0.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aboitiz Equity Ventures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aboitiz Equity Ventures's Cyclically Adjusted PB Ratio 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.

Aboitiz Equity Ventures Cyclically Adjusted PB Ratio Chart

Aboitiz Equity Ventures Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.37 1.97 1.96 1.80 1.25

Aboitiz Equity Ventures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 1.46 1.59 1.43 1.25 1.27

Competitive Comparison of Aboitiz Equity Ventures's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Aboitiz Equity Ventures'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.


Aboitiz Equity Ventures's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



Aboitiz Equity Ventures Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Aboitiz Equity Ventures's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.7687/0.67
=1.15

* 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.

Aboitiz Equity Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aboitiz Equity Ventures'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)
=0.826/131.7762*131.7762
=0.826

Current CPI (Mar. 2024) = 131.7762.

Aboitiz Equity Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.303 100.560 0.397
201409 0.320 100.428 0.420
201412 0.335 99.070 0.446
201503 0.331 99.621 0.438
201506 0.341 100.684 0.446
201509 0.349 100.392 0.458
201512 0.366 99.792 0.483
201603 0.373 100.470 0.489
201606 0.395 101.688 0.512
201609 0.429 101.861 0.555
201612 0.428 101.863 0.554
201703 0.426 102.862 0.546
201706 0.445 103.349 0.567
201709 0.465 104.136 0.588
201712 0.473 104.011 0.599
201803 0.469 105.290 0.587
201806 0.487 106.317 0.604
201809 0.523 106.507 0.647
201812 0.534 105.998 0.664
201903 0.520 107.251 0.639
201906 0.504 108.070 0.615
201909 0.522 108.329 0.635
201912 0.539 108.420 0.655
202003 0.521 108.902 0.630
202006 0.525 108.767 0.636
202009 0.538 109.815 0.646
202012 0.560 109.897 0.671
202103 0.572 111.754 0.674
202106 0.592 114.631 0.681
202109 0.626 115.734 0.713
202112 0.747 117.630 0.837
202203 0.741 121.301 0.805
202206 0.758 125.017 0.799
202209 0.782 125.227 0.823
202212 0.780 125.222 0.821
202303 0.780 127.348 0.807
202306 0.799 128.729 0.818
202309 0.815 129.860 0.827
202312 0.833 129.419 0.848
202403 0.826 131.776 0.826

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


Aboitiz Equity Ventures  (OTCPK:ABOIF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Aboitiz Equity Ventures Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Aboitiz Equity Ventures's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Aboitiz Equity Ventures (Aboitiz Equity Ventures) Business Description

Traded in Other Exchanges
Address
32nd Street, NAC Tower, Bonifacio Global City, Metro Manila, Taguig, PHL, 1634
Aboitiz Equity Ventures Inc is a Philippines holding company with reportable segments of power distribution and generation, financial services, food manufacturing, real estate, and infrastructure. The power segment is engaged in power generation and the sale of electricity. The food manufacturing segment is engaged in the production of flour and feeds and swine breeding. Aboitiz Equity Ventures generates maximum revenue from the power segment. Geographically, it operates solely in the Philippines.