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PhilWeb (PHS:WEB) Cyclically Adjusted PB Ratio : 3.49 (As of Apr. 28, 2024)


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What is PhilWeb Cyclically Adjusted PB Ratio?

As of today (2024-04-28), PhilWeb's current share price is ₱1.57. PhilWeb's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱0.45. PhilWeb's Cyclically Adjusted PB Ratio for today is 3.49.

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

PHS:WEB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.25   Med: 3.64   Max: 9.05
Current: 3.51

During the past years, PhilWeb's highest Cyclically Adjusted PB Ratio was 9.05. The lowest was 1.25. And the median was 3.64.

PHS:WEB's Cyclically Adjusted PB Ratio is ranked worse than
79.83% of 580 companies
in the Travel & Leisure industry
Industry Median: 1.365 vs PHS:WEB: 3.51

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.

PhilWeb's adjusted book value per share data for the three months ended in Mar. 2024 was ₱0.389. 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 ₱0.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PhilWeb Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PhilWeb'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.

PhilWeb Cyclically Adjusted PB Ratio Chart

PhilWeb 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 2.52 3.29 2.74 5.06 3.78

PhilWeb 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 4.24 4.07 4.16 3.78 3.84

Competitive Comparison of PhilWeb's Cyclically Adjusted PB Ratio

For the Gambling subindustry, PhilWeb'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.


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

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

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



PhilWeb 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.57/0.45
=3.49

* 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.

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

For example, PhilWeb'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)
=0.389/129.4194*129.4194
=0.389

Current CPI (Mar. 2024) = 129.4194.

PhilWeb Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.699 100.560 0.900
201409 0.781 100.428 1.006
201412 0.903 99.070 1.180
201503 0.931 99.621 1.209
201506 0.955 100.684 1.228
201509 0.984 100.392 1.269
201512 0.772 99.792 1.001
201603 0.765 100.470 0.985
201606 0.591 101.688 0.752
201609 0.586 101.861 0.745
201612 0.210 101.863 0.267
201703 0.151 102.862 0.190
201706 0.097 103.349 0.121
201709 0.065 104.136 0.081
201712 0.065 104.011 0.081
201803 0.033 105.290 0.041
201806 0.028 106.317 0.034
201809 0.010 106.507 0.012
201812 0.007 105.998 0.009
201903 0.036 107.251 0.043
201906 0.260 108.070 0.311
201909 0.257 108.329 0.307
201912 0.203 108.420 0.242
202003 0.202 108.902 0.240
202006 0.173 108.767 0.206
202009 0.151 109.815 0.178
202012 0.155 109.897 0.183
202103 0.161 111.754 0.186
202106 0.138 114.631 0.156
202109 0.114 115.734 0.127
202112 0.469 117.630 0.516
202203 0.473 121.301 0.505
202206 0.482 125.017 0.499
202209 0.487 125.227 0.503
202212 0.492 125.222 0.508
202303 0.513 127.348 0.521
202306 0.378 128.729 0.380
202309 0.357 129.860 0.356
202312 0.435 129.419 0.435
202403 0.389 129.419 0.389

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.


PhilWeb  (PHS:WEB) 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.


PhilWeb Cyclically Adjusted PB Ratio Related Terms

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


PhilWeb (PHS:WEB) Business Description

Traded in Other Exchanges
N/A
Address
One San Miguel Avenue Condominium, 41st Floor, San Miguel Avenue corner Shaw Boulevard, Ortigas Center, Pasig, PHL, 1605
PhilWeb Corp is a gaming technology provider in the Philippines. The company's purpose is to develop, design, build, operate, and manage gaming systems, applications, and operating platforms and facilities. The company products include e-Games, BigGame Inc, and Sports Betting.