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8990 Holdings (PHS:HOUSE) Cyclically Adjusted Book per Share : ₱6.85 (As of Mar. 2024)


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What is 8990 Holdings 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.

8990 Holdings's adjusted book value per share for the three months ended in Mar. 2024 was ₱9.867. 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 ₱6.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, 8990 Holdings's average Cyclically Adjusted Book Growth Rate was -8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 8990 Holdings was 10.40% per year. The lowest was 5.70% per year. And the median was 8.05% per year.

As of today (2024-06-10), 8990 Holdings's current stock price is ₱9.29. 8990 Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱6.85. 8990 Holdings's Cyclically Adjusted PB Ratio of today is 1.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of 8990 Holdings was 3.25. The lowest was 1.16. And the median was 1.43.


8990 Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for 8990 Holdings'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.

8990 Holdings Cyclically Adjusted Book per Share Chart

8990 Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.29 5.54 6.48 7.11 6.54

8990 Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.47 6.93 6.35 6.54 6.85

Competitive Comparison of 8990 Holdings's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, 8990 Holdings'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.


8990 Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, 8990 Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 8990 Holdings's Cyclically Adjusted PB Ratio falls into.



8990 Holdings 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, 8990 Holdings'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)
=9.867/131.7762*131.7762
=9.867

Current CPI (Mar. 2024) = 131.7762.

8990 Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.479 100.560 3.249
201409 2.662 100.428 3.493
201412 2.698 99.070 3.589
201503 2.688 99.621 3.556
201506 2.904 100.684 3.801
201509 3.042 100.392 3.993
201512 3.143 99.792 4.150
201603 3.080 100.470 4.040
201606 3.288 101.688 4.261
201609 3.471 101.861 4.490
201612 3.491 101.863 4.516
201703 3.374 102.862 4.322
201706 3.462 103.349 4.414
201709 3.688 104.136 4.667
201712 4.830 104.011 6.119
201803 4.749 105.290 5.944
201806 4.995 106.317 6.191
201809 5.166 106.507 6.392
201812 5.228 105.998 6.499
201903 5.391 107.251 6.624
201906 5.605 108.070 6.835
201909 5.855 108.329 7.122
201912 6.079 108.420 7.389
202003 6.191 108.902 7.491
202006 6.191 108.767 7.501
202009 6.559 109.815 7.871
202012 6.861 109.897 8.227
202103 7.831 111.754 9.234
202106 8.161 114.631 9.382
202109 8.476 115.734 9.651
202112 8.592 117.630 9.625
202203 8.922 121.301 9.692
202206 9.248 125.017 9.748
202209 9.715 125.227 10.223
202212 9.001 125.222 9.472
202303 9.358 127.348 9.683
202306 9.709 128.729 9.939
202309 10.139 129.860 10.289
202312 10.237 129.419 10.423
202403 9.867 131.776 9.867

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


8990 Holdings  (PHS:HOUSE) 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.

8990 Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.29/6.85
=1.36

* 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 8990 Holdings was 3.25. The lowest was 1.16. And the median was 1.43.


Be Aware

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


8990 Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of 8990 Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


8990 Holdings (PHS:HOUSE) Business Description

Industry
Traded in Other Exchanges
Address
104 H.V. Dela Costa Street, Unit 1104, 11th Floor, Liberty Center, Salcedo Village, Makati, PHL, 1200
8990 Holdings Inc is a holding company with subsidies that operate in housing and resort real estate development. The group's operating segments are managed in four separate segments according to the nature of their products and markets as follows: Low-cost Mass Housing, Medium-rise Condominium, High-rise Condominium, and Others. The Low-Cost Mass Housing segment caters to the development and sale of residential lots and units, and it is responsible for generating a majority of the company's revenue. All the company's operations take place in the Philippines where it earns all its revenue.

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