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Pal Holdings (PHS:PAL) Cyclically Adjusted PB Ratio : (As of Sep. 25, 2024)


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What is Pal Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pal Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pal 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.

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Pal Holdings Cyclically Adjusted PB Ratio Chart

Pal 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 5.87 7.77 154.79 - -

Pal 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 - - - - -

Competitive Comparison of Pal Holdings's Cyclically Adjusted PB Ratio

For the Airlines subindustry, Pal 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.


Pal Holdings's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pal Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pal 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.

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

For example, Pal 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)
=1.135/132.5538*132.5538
=1.135

Current CPI (Jun. 2024) = 132.5538.

Pal Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.268 100.428 0.354
201412 0.358 99.070 0.479
201503 0.655 99.621 0.872
201506 0.845 100.684 1.112
201509 0.898 100.392 1.186
201512 0.876 99.792 1.164
201603 1.250 100.470 1.649
201606 1.437 101.688 1.873
201609 1.275 101.861 1.659
201612 1.344 101.863 1.749
201703 1.283 102.862 1.653
201706 1.269 103.349 1.628
201709 1.028 104.136 1.309
201712 0.697 104.011 0.888
201803 0.653 105.290 0.822
201806 0.604 106.317 0.753
201809 0.350 106.507 0.436
201812 0.666 105.998 0.833
201903 0.687 107.251 0.849
201906 0.402 108.070 0.493
201909 -0.057 108.329 -0.070
201912 -0.300 108.420 -0.367
202003 -1.232 108.902 -1.500
202006 -2.200 108.767 -2.681
202009 -2.791 109.815 -3.369
202012 -6.378 109.897 -7.693
202103 -7.230 111.754 -8.576
202106 -7.976 114.631 -9.223
202109 -8.831 115.734 -10.114
202112 -0.606 117.630 -0.683
202203 -0.457 121.301 -0.499
202206 -0.271 125.017 -0.287
202209 0.007 125.227 0.007
202212 0.151 125.222 0.160
202303 0.539 127.348 0.561
202306 1.096 128.729 1.129
202309 1.483 129.860 1.514
202312 1.550 129.419 1.588
202403 1.887 131.776 1.898
202406 1.135 132.554 1.135

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.


Pal Holdings  (PHS:PAL) 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.


Pal Holdings Cyclically Adjusted PB Ratio Related Terms

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Pal Holdings Business Description

Traded in Other Exchanges
N/A
Address
President Diosdado Macapagal Avenue, 8th Floor, PNB Financial Center, CCP Complex, Metro Manila, Pasay City, PHL, 1300
Pal Holdings Inc through its subsidiaries, provides air transportation for passengers and cargo within and outside the Philippines. The services provided by the company include Group Booking, Charter Services, Corporate Sales, General Sales Agent, Travel Insurance, Cargo, and Swingaround.

Pal Holdings Headlines

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