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Robinsons Retail Holdings (PHS:RRHI) Cyclically Adjusted PB Ratio : 0.79 (As of May. 21, 2024)


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What is Robinsons Retail Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Robinsons Retail Holdings's current share price is ₱38.60. Robinsons Retail Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱48.75. Robinsons Retail Holdings's Cyclically Adjusted PB Ratio for today is 0.79.

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

PHS:RRHI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.27   Max: 1.84
Current: 0.79

During the past years, Robinsons Retail Holdings's highest Cyclically Adjusted PB Ratio was 1.84. The lowest was 0.72. And the median was 1.27.

PHS:RRHI's Cyclically Adjusted PB Ratio is ranked better than
64.88% of 729 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs PHS:RRHI: 0.79

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.

Robinsons Retail Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was ₱58.558. 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 ₱48.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Robinsons Retail Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Robinsons Retail 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.

Robinsons Retail Holdings Cyclically Adjusted PB Ratio Chart

Robinsons Retail 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 - - 1.72 1.25 0.84

Robinsons Retail 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 1.22 1.20 0.99 0.84 0.77

Competitive Comparison of Robinsons Retail Holdings's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Robinsons Retail 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.


Robinsons Retail Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Robinsons Retail Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Robinsons Retail 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.

Robinsons Retail Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.60/48.75
=0.79

* 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.

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

For example, Robinsons Retail 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)
=58.558/131.7762*131.7762
=58.558

Current CPI (Mar. 2024) = 131.7762.

Robinsons Retail Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.347 100.560 35.836
201409 27.961 100.428 36.689
201412 28.627 99.070 38.078
201503 29.230 99.621 38.665
201506 30.142 100.684 39.450
201509 30.394 100.392 39.896
201512 31.425 99.792 41.497
201603 32.190 100.470 42.220
201606 32.652 101.688 42.313
201609 33.605 101.861 43.474
201612 34.359 101.863 44.449
201703 35.159 102.862 45.042
201706 35.297 103.349 45.006
201709 36.236 104.136 45.854
201712 37.208 104.011 47.140
201803 37.916 105.290 47.454
201806 38.020 106.317 47.125
201809 38.715 106.507 47.900
201812 43.464 105.998 54.034
201903 44.263 107.251 54.385
201906 44.263 108.070 53.973
201909 45.215 108.329 55.001
201912 45.748 108.420 55.603
202003 46.180 108.902 55.880
202006 45.711 108.767 55.381
202009 46.185 109.815 55.421
202012 46.725 109.897 56.027
202103 47.064 111.754 55.496
202106 45.763 114.631 52.608
202109 46.225 115.734 52.632
202112 47.598 117.630 53.322
202203 47.845 121.301 51.977
202206 46.947 125.017 49.485
202209 47.837 125.227 50.339
202212 48.966 125.222 51.529
202303 51.212 127.348 52.993
202306 50.998 128.729 52.205
202309 51.791 129.860 52.555
202312 51.647 129.419 52.588
202403 58.558 131.776 58.558

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.


Robinsons Retail Holdings  (PHS:RRHI) 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.


Robinsons Retail Holdings Cyclically Adjusted PB Ratio Related Terms

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


Robinsons Retail Holdings (PHS:RRHI) Business Description

Traded in Other Exchanges
Address
ADB Avenue corner Poveda Street, 43rd Floor, Robinsons Equitable Tower, Ortigas Center, Metro Manila, Pasig, PHL, 1600
Robinsons Retail Holdings Inc is a multiformat retailer in the Philippines. The company operates in six business segments: Supermarkets (Robinsons Supermarket, Robinsons Easymart, and Robinsons Selections), Department stores (Robinsons Department Store), Drugstores (Southstar Drug and Manson Drug), DIY stores (True Home by True Value, A.M. Builders' Depot, Handyman Do it Best, True Value), Convenience stores (Ministop) and Specialty stores (toys retailer Toys "R" Us, one-price-point retailer Daiso Japan, consumer electronics and appliances retailers Robinsons Appliances and Savers Appliances and international fashion brands, such as Topshop, Topman, Dorothy Perkins, and international cosmetics brands such as Shiseido).

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