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Italpinas Development (PHS:IDC) Cyclically Adjusted PS Ratio : 2.09 (As of Jun. 20, 2024)


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What is Italpinas Development Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Italpinas Development's current share price is ₱1.17. Italpinas Development's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱0.56. Italpinas Development's Cyclically Adjusted PS Ratio for today is 2.09.

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

PHS:IDC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.39   Max: 1.75
Current: 1.75

During the past years, Italpinas Development's highest Cyclically Adjusted PS Ratio was 1.75. The lowest was 1.21. And the median was 1.39.

PHS:IDC's Cyclically Adjusted PS Ratio is ranked worse than
50.47% of 1369 companies
in the Real Estate industry
Industry Median: 1.73 vs PHS:IDC: 1.75

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Italpinas Development's adjusted revenue per share data for the three months ended in Mar. 2024 was ₱0.087. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₱0.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Italpinas Development Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Italpinas Development's Cyclically Adjusted PS 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.

Italpinas Development Cyclically Adjusted PS Ratio Chart

Italpinas Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Italpinas Development Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 - - - - 1.31

Competitive Comparison of Italpinas Development's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Italpinas Development's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Italpinas Development's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Italpinas Development's Cyclically Adjusted PS Ratio falls into.



Italpinas Development Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Italpinas Development's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.17/0.56
=2.09

* 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.

Italpinas Development's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Italpinas Development's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.087/131.7762*131.7762
=0.087

Current CPI (Mar. 2024) = 131.7762.

Italpinas Development Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 0.000 96.871 0.000
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201503 0.025 99.621 0.033
201506 0.057 100.684 0.075
201509 0.094 100.392 0.123
201512 0.168 99.792 0.222
201603 0.035 100.470 0.046
201606 0.047 101.688 0.061
201609 0.359 101.861 0.464
201612 -0.032 101.863 -0.041
201703 0.117 102.862 0.150
201706 0.074 103.349 0.094
201709 0.062 104.136 0.078
201712 0.118 104.011 0.149
201803 0.115 105.290 0.144
201806 0.140 106.317 0.174
201809 0.287 106.507 0.355
201812 0.045 105.998 0.056
201903 0.231 107.251 0.284
201906 0.220 108.070 0.268
201909 0.469 108.329 0.571
201912 0.105 108.420 0.128
202003 0.214 108.902 0.259
202006 0.254 108.767 0.308
202009 0.134 109.815 0.161
202012 -0.193 109.897 -0.231
202103 0.177 111.754 0.209
202106 0.086 114.631 0.099
202109 0.134 115.734 0.153
202112 -0.099 117.630 -0.111
202203 0.103 121.301 0.112
202206 0.071 125.017 0.075
202209 0.103 125.227 0.108
202212 0.008 125.222 0.008
202303 0.136 127.348 0.141
202306 0.186 128.729 0.190
202309 0.174 129.860 0.177
202312 -0.010 129.419 -0.010
202403 0.087 131.776 0.087

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Italpinas Development  (PHS:IDC) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Italpinas Development Cyclically Adjusted PS Ratio Related Terms

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


Italpinas Development (PHS:IDC) Business Description

Traded in Other Exchanges
N/A
Address
6811 Ayala Avenue, BPI Philam-Life Building, Unit 28C, 28 Floor, Metro Manila, Makati, RIZ, PHL, 1226
Italpinas Development Corp engages in the real estate development business in the Philippines. Its projects include Primavera Residences Towers A and B; Primavera City; and Miramonti. Geographically, it derives revenue from a domestic operation. It generates revenue from the sales, and leasing of properties.

Italpinas Development (PHS:IDC) Headlines

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