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Far Eastern University (PHS:FEU) Cyclically Adjusted Book per Share : ₱366.38 (As of Feb. 2024)


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What is Far Eastern University Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Far Eastern University's adjusted book value per share for the three months ended in Feb. 2024 was ₱460.929. 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 ₱366.38 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Far Eastern University's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Far Eastern University was 12.10% per year. The lowest was 8.40% per year. And the median was 11.40% per year.

As of today (2024-04-28), Far Eastern University's current stock price is ₱630.00. Far Eastern University's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was ₱366.38. Far Eastern University's Cyclically Adjusted PB Ratio of today is 1.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Far Eastern University was 3.22. The lowest was 1.53. And the median was 2.17.


Far Eastern University Cyclically Adjusted Book per Share Historical Data

The historical data trend for Far Eastern University's Cyclically Adjusted Book per Share 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.

Far Eastern University Cyclically Adjusted Book per Share Chart

Far Eastern University Annual Data
Trend Mar14 Mar15 Mar16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 231.48 248.67 277.88 319.78 349.88

Far Eastern University Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted Book per Share 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 341.70 349.88 357.70 362.14 366.38

Competitive Comparison of Far Eastern University's Cyclically Adjusted Book per Share

For the Education & Training Services subindustry, Far Eastern University'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.


Far Eastern University's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Far Eastern University's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Far Eastern University Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Far Eastern University's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=460.929/129.4194*129.4194
=460.929

Current CPI (Feb. 2024) = 129.4194.

Far Eastern University Quarterly Data

Book Value per Share CPI Adj_Book
201403 214.428 99.695 278.362
201406 210.439 100.560 270.834
201409 227.056 100.428 292.603
201412 239.396 99.070 312.734
201503 245.231 99.621 318.584
201506 237.238 100.684 304.946
201509 255.627 100.392 329.541
201512 257.655 99.792 334.149
201603 273.539 100.470 352.355
201608 262.105 101.617 333.818
201611 269.065 101.829 341.966
201702 274.079 102.779 345.122
201705 279.794 103.256 350.691
201708 278.259 103.587 347.651
201711 283.485 104.072 352.529
201802 287.824 105.052 354.586
201805 285.254 106.148 347.793
201808 285.312 106.383 347.094
201811 298.561 106.338 363.367
201902 289.678 106.649 351.527
201905 302.397 108.048 362.210
201908 304.146 108.245 363.643
201911 317.407 108.519 378.539
202002 318.177 109.139 377.301
202005 315.161 108.175 377.054
202008 308.813 109.662 364.450
202011 330.583 109.793 389.676
202102 335.603 110.968 391.405
202105 348.497 113.576 397.110
202108 346.705 115.421 388.754
202111 364.181 117.269 401.914
202202 375.201 119.703 405.657
202205 391.074 123.323 410.407
202208 388.641 124.958 402.518
202211 398.562 125.607 410.658
202302 411.719 126.928 419.802
202305 438.950 128.314 442.730
202308 434.598 129.538 434.202
202311 446.596 129.548 446.152
202402 460.929 129.419 460.929

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Far Eastern University  (PHS:FEU) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Far Eastern University's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=630.00/366.38
=1.72

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Far Eastern University was 3.22. The lowest was 1.53. And the median was 2.17.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Far Eastern University Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Far Eastern University's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Far Eastern University (PHS:FEU) Business Description

Traded in Other Exchanges
N/A
Address
Nicanor Reyes Street, Sampaloc, Manila, PHL, 1015
Far Eastern University Inc is a private, non-sectarian institution of learning comprising the following different institutes that offer specific courses, namely, Institute of Arts and Sciences, Institute of Accounts, Business and Finance, Institute of Education, Institute of Architecture and Fine Arts, Institute of Nursing, Institute of Tourism and Hotel Management, and Institute of Law. The company's operating segment includes FEU Main; Trimestral Schools and Other Schools. It generates maximum revenue from the FEU Main segment.