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Vistamalls (PHS:STR) Cyclically Adjusted PB Ratio : 0.63 (As of May. 24, 2024)


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What is Vistamalls Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Vistamalls's current share price is ₱2.32. Vistamalls's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱3.66. Vistamalls's Cyclically Adjusted PB Ratio for today is 0.63.

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

PHS:STR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.54   Max: 12.55
Current: 0.62

During the past years, Vistamalls's highest Cyclically Adjusted PB Ratio was 12.55. The lowest was 0.62. And the median was 1.54.

PHS:STR's Cyclically Adjusted PB Ratio is ranked better than
52.28% of 1335 companies
in the Real Estate industry
Industry Median: 0.71 vs PHS:STR: 0.62

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.

Vistamalls's adjusted book value per share data for the three months ended in Mar. 2024 was ₱5.571. 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 ₱3.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vistamalls Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vistamalls'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.

Vistamalls Cyclically Adjusted PB Ratio Chart

Vistamalls 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 2.45 1.68 1.29 0.87 0.68

Vistamalls 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 0.84 0.74 0.70 0.68 0.66

Competitive Comparison of Vistamalls's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Vistamalls'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.


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

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

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



Vistamalls 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.

Vistamalls's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.32/3.66
=0.63

* 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.

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

For example, Vistamalls'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)
=5.571/131.7762*131.7762
=5.571

Current CPI (Mar. 2024) = 131.7762.

Vistamalls Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.835 100.560 3.715
201409 2.844 100.428 3.732
201412 1.641 99.070 2.183
201503 2.874 99.621 3.802
201506 2.903 100.684 3.799
201509 2.937 100.392 3.855
201512 1.999 99.792 2.640
201603 1.990 100.470 2.610
201606 2.034 101.688 2.636
201609 2.406 101.861 3.113
201612 2.134 101.863 2.761
201703 2.200 102.862 2.818
201706 2.243 103.349 2.860
201709 2.368 104.136 2.997
201712 2.431 104.011 3.080
201803 2.500 105.290 3.129
201806 2.570 106.317 3.185
201809 2.586 106.507 3.200
201812 2.623 105.998 3.261
201903 2.700 107.251 3.317
201906 2.763 108.070 3.369
201909 2.841 108.329 3.456
201912 3.081 108.420 3.745
202003 3.158 108.902 3.821
202006 3.205 108.767 3.883
202009 3.238 109.815 3.886
202012 3.115 109.897 3.735
202103 3.137 111.754 3.699
202106 3.223 114.631 3.705
202109 3.287 115.734 3.743
202112 3.521 117.630 3.944
202203 3.670 121.301 3.987
202206 3.977 125.017 4.192
202209 4.234 125.227 4.455
202212 4.322 125.222 4.548
202303 4.495 127.348 4.651
202306 4.823 128.729 4.937
202309 5.031 129.860 5.105
202312 5.304 129.419 5.401
202403 5.571 131.776 5.571

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.


Vistamalls  (PHS:STR) 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.


Vistamalls Cyclically Adjusted PB Ratio Related Terms

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


Vistamalls (PHS:STR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lower Ground Floor, Building B, EVIA Lifestyle Center, Vista City, Daanghari, Almanza II, Las Pinas City, PHL, 1750
Vistamalls Inc is a real estate investment and development company. The company is engaged in investment, real estate and leasing business in the Philippines. The company owns, develops and operates a chain of malls throughout Mega Manila and in key cities of the Philippines. Its malls are located in Bataan, Iloilo, Daang Hari, and Taguig among other locations.

Vistamalls (PHS:STR) Headlines