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Waterfront Philippines (PHS:WPI) Cyclically Adjusted PB Ratio : 0.13 (As of Jun. 20, 2024)


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What is Waterfront Philippines Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Waterfront Philippines's current share price is ₱0.395. Waterfront Philippines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱3.00. Waterfront Philippines's Cyclically Adjusted PB Ratio for today is 0.13.

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

PHS:WPI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.21   Max: 0.46
Current: 0.13

During the past years, Waterfront Philippines's highest Cyclically Adjusted PB Ratio was 0.46. The lowest was 0.13. And the median was 0.21.

PHS:WPI's Cyclically Adjusted PB Ratio is ranked better than
94.05% of 622 companies
in the Travel & Leisure industry
Industry Median: 1.335 vs PHS:WPI: 0.13

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.

Waterfront Philippines's adjusted book value per share data for the three months ended in Mar. 2024 was ₱2.955. 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 ₱3.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waterfront Philippines Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Waterfront Philippines'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.

Waterfront Philippines Cyclically Adjusted PB Ratio Chart

Waterfront Philippines 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 0.31 0.29 0.20 0.17 0.13

Waterfront Philippines 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 0.16 0.15 0.14 0.13 0.13

Competitive Comparison of Waterfront Philippines's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Waterfront Philippines'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.


Waterfront Philippines's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Waterfront Philippines's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Waterfront Philippines 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.

Waterfront Philippines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.395/3
=0.13

* 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.

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

For example, Waterfront Philippines'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)
=2.955/131.7762*131.7762
=2.955

Current CPI (Mar. 2024) = 131.7762.

Waterfront Philippines Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.573 100.560 2.061
201409 1.610 100.428 2.113
201412 1.577 99.070 2.098
201503 1.621 99.621 2.144
201506 1.526 100.684 1.997
201509 1.592 100.392 2.090
201512 1.635 99.792 2.159
201603 1.680 100.470 2.203
201606 1.728 101.688 2.239
201609 1.791 101.861 2.317
201612 1.977 101.863 2.558
201703 2.033 102.862 2.604
201706 2.080 103.349 2.652
201709 2.112 104.136 2.673
201712 2.061 104.011 2.611
201803 2.109 105.290 2.640
201806 2.157 106.317 2.674
201809 2.178 106.507 2.695
201812 2.084 105.998 2.591
201903 2.141 107.251 2.631
201906 2.164 108.070 2.639
201909 2.045 108.329 2.488
201912 2.652 108.420 3.223
202003 2.697 108.902 3.264
202006 2.680 108.767 3.247
202009 2.681 109.815 3.217
202012 3.329 109.897 3.992
202103 3.392 111.754 4.000
202106 3.390 114.631 3.897
202109 3.335 115.734 3.797
202112 4.184 117.630 4.687
202203 3.473 121.301 3.773
202206 3.492 125.017 3.681
202209 4.052 125.227 4.264
202212 4.418 125.222 4.649
202303 3.591 127.348 3.716
202306 3.116 128.729 3.190
202309 3.059 129.860 3.104
202312 4.500 129.419 4.582
202403 2.955 131.776 2.955

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.


Waterfront Philippines  (PHS:WPI) 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.


Waterfront Philippines Cyclically Adjusted PB Ratio Related Terms

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


Waterfront Philippines (PHS:WPI) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Waterfront Drive, Off Salinas Drive Lahug, Cebu, CEB, PHL, 6000
Waterfront Philippines Inc is an investment holding company for hotel, leisure, and tourism business. The company holds equity interests in hotels and resorts, a fitness gym, and entities engaged in the international marketing and promotion of casinos. The group's operating businesses are organized and managed separately according to hotel property location, with each segment representing a strategic business unit. Its segments are WCCCHI, WMCHI, DIHCI, Parent Company and Others, and APHC and Subsidiaries. The majority is from the WCCCHI segment.

Waterfront Philippines (PHS:WPI) Headlines

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