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Philippine Infradev Holdings (PHS:INFRA) Cyclically Adjusted PB Ratio : 0.03 (As of Sep. 22, 2024)


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What is Philippine Infradev Holdings Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Philippine Infradev Holdings's current share price is ₱0.40. Philippine Infradev Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ₱13.09. Philippine Infradev Holdings's Cyclically Adjusted PB Ratio for today is 0.03.

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

PHS:INFRA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.13   Max: 1.06
Current: 0.03

During the past years, Philippine Infradev Holdings's highest Cyclically Adjusted PB Ratio was 1.06. The lowest was 0.03. And the median was 0.13.

PHS:INFRA's Cyclically Adjusted PB Ratio is ranked better than
97.78% of 1304 companies
in the Real Estate industry
Industry Median: 0.645 vs PHS:INFRA: 0.03

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.

Philippine Infradev Holdings's adjusted book value per share data for the three months ended in Jun. 2024 was ₱16.701. 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 ₱13.09 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Philippine Infradev Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Philippine Infradev 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.

Philippine Infradev Holdings Cyclically Adjusted PB Ratio Chart

Philippine Infradev 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 0.60 0.32 0.16 0.09 0.05

Philippine Infradev Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.07 0.04 0.05 0.05 0.04

Competitive Comparison of Philippine Infradev Holdings's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Philippine Infradev 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.


Philippine Infradev Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Philippine Infradev 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.

Philippine Infradev Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.40/13.09
=0.03

* 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.

Philippine Infradev Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Philippine Infradev Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=16.701/132.5538*132.5538
=16.701

Current CPI (Jun. 2024) = 132.5538.

Philippine Infradev Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.223 100.428 1.614
201412 1.284 99.070 1.718
201503 0.000 99.621 0.000
201506 1.284 100.684 1.690
201509 1.352 100.392 1.785
201512 1.322 99.792 1.756
201603 1.320 100.470 1.742
201606 1.322 101.688 1.723
201609 1.383 101.861 1.800
201612 1.390 101.863 1.809
201703 1.393 102.862 1.795
201706 1.398 103.349 1.793
201709 1.456 104.136 1.853
201712 1.407 104.011 1.793
201803 1.426 105.290 1.795
201806 1.423 106.317 1.774
201809 6.936 106.507 8.632
201812 4.252 105.998 5.317
201903 1.033 107.251 1.277
201906 1.027 108.070 1.260
201909 1.401 108.329 1.714
201912 22.136 108.420 27.063
202003 22.134 108.902 26.941
202006 22.131 108.767 26.971
202009 22.128 109.815 26.710
202012 22.209 109.897 26.788
202103 22.208 111.754 26.341
202106 23.191 114.631 26.817
202109 23.190 115.734 26.560
202112 23.430 117.630 26.403
202203 23.428 121.301 25.601
202206 23.435 125.017 24.848
202209 23.474 125.227 24.848
202212 23.970 125.222 25.373
202303 23.971 127.348 24.951
202306 23.972 128.729 24.684
202309 23.973 129.860 24.470
202312 16.692 129.419 17.096
202403 16.696 131.776 16.795
202406 16.701 132.554 16.701

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.


Philippine Infradev Holdings  (PHS:INFRA) 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.


Philippine Infradev Holdings Cyclically Adjusted PB Ratio Related Terms

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


Philippine Infradev Holdings Business Description

Traded in Other Exchanges
N/A
Address
6784 Ayala Avenue, 38th Floor, Rufino Pacific Tower, Makati, PHL, 1223
Philippine Infradev Holdings Inc is primarily involved in the acquisition, reclamation, development, or exploitation of lands to convert and develop lands to integrated residential or commercial neighborhoods. The company also, through its subsidiaries is involved in the acquisition and selling of real estate of all kinds or holds properties for investment purposes. Its operating segment includes Real Estate and Subway. The company generates maximum revenue from the Subway segment.

Philippine Infradev Holdings Headlines

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