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Atok-Big Wedge Co (PHS:AB) Cyclically Adjusted PB Ratio : 11.82 (As of Jun. 20, 2024)


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What is Atok-Big Wedge Co Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Atok-Big Wedge Co's current share price is ₱3.90. Atok-Big Wedge Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱0.33. Atok-Big Wedge Co's Cyclically Adjusted PB Ratio for today is 11.82.

The historical rank and industry rank for Atok-Big Wedge Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

PHS:AB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 18.52
Current: 11.67

During the past years, Atok-Big Wedge Co's highest Cyclically Adjusted PB Ratio was 18.52. The lowest was 0.00. And the median was 0.00.

PHS:AB's Cyclically Adjusted PB Ratio is ranked worse than
96.21% of 1634 companies
in the Metals & Mining industry
Industry Median: 0.81 vs PHS:AB: 11.67

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.

Atok-Big Wedge Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₱0.363. 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 ₱0.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atok-Big Wedge Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atok-Big Wedge Co'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.

Atok-Big Wedge Co Cyclically Adjusted PB Ratio Chart

Atok-Big Wedge Co 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 12.04 26.89 20.29 24.32 16.45

Atok-Big Wedge Co 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 22.29 16.61 17.60 16.45 11.09

Competitive Comparison of Atok-Big Wedge Co's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Atok-Big Wedge Co'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.


Atok-Big Wedge Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Atok-Big Wedge Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Atok-Big Wedge Co's Cyclically Adjusted PB Ratio falls into.



Atok-Big Wedge Co 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.

Atok-Big Wedge Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.90/0.33
=11.82

* 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.

Atok-Big Wedge Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Atok-Big Wedge Co'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)
=0.363/131.7762*131.7762
=0.363

Current CPI (Mar. 2024) = 131.7762.

Atok-Big Wedge Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.253 100.560 0.332
201409 0.251 100.428 0.329
201412 0.251 99.070 0.334
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.251 99.792 0.331
201603 0.250 100.470 0.328
201606 0.247 101.688 0.320
201609 0.246 101.861 0.318
201612 0.256 101.863 0.331
201703 0.256 102.862 0.328
201706 0.255 103.349 0.325
201709 0.254 104.136 0.321
201712 0.250 104.011 0.317
201803 0.249 105.290 0.312
201806 0.249 106.317 0.309
201809 0.249 106.507 0.308
201812 0.264 105.998 0.328
201903 0.263 107.251 0.323
201906 0.252 108.070 0.307
201909 0.257 108.329 0.313
201912 0.229 108.420 0.278
202003 0.230 108.902 0.278
202006 0.223 108.767 0.270
202009 0.212 109.815 0.254
202012 0.205 109.897 0.246
202103 0.208 111.754 0.245
202106 0.326 114.631 0.375
202109 0.342 115.734 0.389
202112 0.331 117.630 0.371
202203 0.337 121.301 0.366
202206 0.361 125.017 0.381
202209 0.389 125.227 0.409
202212 0.368 125.222 0.387
202303 0.355 127.348 0.367
202306 0.363 128.729 0.372
202309 0.372 129.860 0.377
202312 0.357 129.419 0.364
202403 0.363 131.776 0.363

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.


Atok-Big Wedge Co  (PHS:AB) 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.


Atok-Big Wedge Co Cyclically Adjusted PB Ratio Related Terms

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Atok-Big Wedge Co (PHS:AB) Business Description

Traded in Other Exchanges
N/A
Address
7232 Ayala Avenue corner Malugay Street, Alphaland Makati Place, Makati City, PHL, 1209
Atok-Big Wedge Co Inc is a Philippines-based mining company. The company is engaged in the exploration and development of mining, oil, gas, and other natural resources. Its operating segments consist of its Mining, Exploration and Development, and stock transfer agency activities.