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AbaCore Capital Holdings (PHS:ABA) Cyclically Adjusted PB Ratio : 0.36 (As of Jun. 21, 2024)


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What is AbaCore Capital Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-21), AbaCore Capital Holdings's current share price is ₱1.05. AbaCore Capital Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱2.88. AbaCore Capital Holdings's Cyclically Adjusted PB Ratio for today is 0.36.

The historical rank and industry rank for AbaCore Capital Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

PHS:ABA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.48   Max: 1.2
Current: 0.34

During the past years, AbaCore Capital Holdings's highest Cyclically Adjusted PB Ratio was 1.20. The lowest was 0.14. And the median was 0.48.

PHS:ABA's Cyclically Adjusted PB Ratio is ranked better than
71.83% of 1413 companies
in the Real Estate industry
Industry Median: 0.69 vs PHS:ABA: 0.34

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.

AbaCore Capital Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was ₱4.538. 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 ₱2.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AbaCore Capital Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AbaCore Capital Holdings'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.

AbaCore Capital Holdings Cyclically Adjusted PB Ratio Chart

AbaCore Capital Holdings 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 0.49 0.35 0.43 0.85 0.31

AbaCore Capital Holdings 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 0.95 1.02 0.41 0.31 0.48

Competitive Comparison of AbaCore Capital Holdings's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, AbaCore Capital Holdings'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.


AbaCore Capital Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



AbaCore Capital Holdings 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.

AbaCore Capital Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.05/2.88
=0.36

* 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.

AbaCore Capital Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, AbaCore Capital Holdings'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)
=4.538/131.7762*131.7762
=4.538

Current CPI (Mar. 2024) = 131.7762.

AbaCore Capital Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.416 100.560 1.856
201409 1.416 100.428 1.858
201412 1.435 99.070 1.909
201503 1.413 99.621 1.869
201506 1.421 100.684 1.860
201509 1.414 100.392 1.856
201512 1.605 99.792 2.119
201603 1.612 100.470 2.114
201606 1.599 101.688 2.072
201609 1.591 101.861 2.058
201612 1.657 101.863 2.144
201703 1.638 102.862 2.098
201706 1.619 103.349 2.064
201709 1.616 104.136 2.045
201712 1.629 104.011 2.064
201803 1.613 105.290 2.019
201806 1.687 106.317 2.091
201809 1.675 106.507 2.072
201812 2.534 105.998 3.150
201903 2.363 107.251 2.903
201906 2.388 108.070 2.912
201909 2.383 108.329 2.899
201912 2.795 108.420 3.397
202003 2.828 108.902 3.422
202006 2.811 108.767 3.406
202009 2.806 109.815 3.367
202012 3.112 109.897 3.732
202103 2.773 111.754 3.270
202106 2.862 114.631 3.290
202109 2.177 115.734 2.479
202112 3.621 117.630 4.056
202203 3.610 121.301 3.922
202206 3.610 125.017 3.805
202209 3.614 125.227 3.803
202212 3.622 125.222 3.812
202303 3.920 127.348 4.056
202306 3.888 128.729 3.980
202309 4.038 129.860 4.098
202312 4.542 129.419 4.625
202403 4.538 131.776 4.538

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.


AbaCore Capital Holdings  (PHS:ABA) 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.


AbaCore Capital Holdings Cyclically Adjusted PB Ratio Related Terms

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


AbaCore Capital Holdings (PHS:ABA) Business Description

Traded in Other Exchanges
N/A
Address
135 JP Rizal Street, Brgy. Milagrosa, Project 4, Quezon, PHL, 1109
AbaCore Capital Holdings Inc is a Philippine-based investment holding firm. The company operates in three segments. Holding segment comprises purchasing, owning, holding, transferring, or disposing of real properties, including shares of stocks and other securities; Real estate segment comprises of purchase and development of properties and other related construction projects; and Other segments that involve in mining and exploration and investment in other small divisions. Majority of its revenue comes from the Philippine market.

AbaCore Capital Holdings (PHS:ABA) Headlines

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