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Filinvest Land (PHS:FLI) Cyclically Adjusted PB Ratio : 0.20 (As of Jun. 19, 2024)


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What is Filinvest Land Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Filinvest Land's current share price is ₱0.68. Filinvest Land's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱3.42. Filinvest Land's Cyclically Adjusted PB Ratio for today is 0.20.

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

PHS:FLI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.42   Max: 0.97
Current: 0.2

During the past years, Filinvest Land's highest Cyclically Adjusted PB Ratio was 0.97. The lowest was 0.16. And the median was 0.42.

PHS:FLI's Cyclically Adjusted PB Ratio is ranked better than
83.07% of 1412 companies
in the Real Estate industry
Industry Median: 0.695 vs PHS:FLI: 0.20

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.

Filinvest Land's adjusted book value per share data for the three months ended in Mar. 2024 was ₱3.472. 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 ₱3.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Filinvest Land Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Filinvest Land'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.

Filinvest Land Cyclically Adjusted PB Ratio Chart

Filinvest Land 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 0.63 0.45 0.39 0.29 0.18

Filinvest Land 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 0.23 0.21 0.19 0.18 0.20

Competitive Comparison of Filinvest Land's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Filinvest Land'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.


Filinvest Land's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Filinvest Land 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.

Filinvest Land's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.68/3.42
=0.20

* 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.

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

For example, Filinvest Land'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)
=3.472/131.7762*131.7762
=3.472

Current CPI (Mar. 2024) = 131.7762.

Filinvest Land Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.033 100.560 2.664
201409 2.069 100.428 2.715
201412 2.139 99.070 2.845
201503 2.189 99.621 2.896
201506 2.177 100.684 2.849
201509 2.214 100.392 2.906
201512 2.282 99.792 3.013
201603 2.343 100.470 3.073
201606 2.328 101.688 3.017
201609 2.368 101.861 3.063
201612 2.436 101.863 3.151
201703 2.493 102.862 3.194
201706 2.482 103.349 3.165
201709 2.524 104.136 3.194
201712 2.605 104.011 3.300
201803 2.666 105.290 3.337
201806 2.659 106.317 3.296
201809 2.712 106.507 3.355
201812 2.761 105.998 3.432
201903 2.842 107.251 3.492
201906 2.835 108.070 3.457
201909 2.890 108.329 3.516
201912 2.963 108.420 3.601
202003 3.019 108.902 3.653
202006 2.991 108.767 3.624
202009 3.003 109.815 3.604
202012 3.051 109.897 3.658
202103 3.082 111.754 3.634
202106 3.096 114.631 3.559
202109 3.555 115.734 4.048
202112 3.614 117.630 4.049
202203 3.642 121.301 3.957
202206 3.617 125.017 3.813
202209 3.650 125.227 3.841
202212 3.690 125.222 3.883
202303 3.720 127.348 3.849
202306 3.711 128.729 3.799
202309 3.754 129.860 3.809
202312 3.808 129.419 3.877
202403 3.472 131.776 3.472

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.


Filinvest Land  (PHS:FLI) 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.


Filinvest Land Cyclically Adjusted PB Ratio Related Terms

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


Filinvest Land (PHS:FLI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
79 EDSA, Filinvest Building, Highway Hills, Metro Manila, Mandaluyong City, PHL, 1550
Filinvest Land Inc is a Philippines-based company principally engaged in property development. The company offers several real estate projects, including residential property, leisure property, offices, commercial property, and townscapes, which feature a complete live-work-play environment for families. The company owns a network of sales offices, in-house sales agents, and brokers across the Philippines. It focuses on the middle-income customer segment but also offers projects that meet demand from the low-end and high-end components.

Filinvest Land (PHS:FLI) Headlines

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