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Republic Glass Holdings (PHS:REG) Cyclically Adjusted Book per Share : ₱3.18 (As of Mar. 2024)


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What is Republic Glass 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.

Republic Glass Holdings's adjusted book value per share for the three months ended in Mar. 2024 was ₱3.607. 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 ₱3.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Republic Glass Holdings's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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 Republic Glass Holdings was 7.00% per year. The lowest was 2.80% per year. And the median was 5.50% per year.

As of today (2024-05-26), Republic Glass Holdings's current stock price is ₱2.60. Republic Glass Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱3.18. Republic Glass Holdings's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Republic Glass Holdings was 1.37. The lowest was 0.72. And the median was 1.05.


Republic Glass Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Republic Glass 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.

Republic Glass Holdings Cyclically Adjusted Book per Share Chart

Republic Glass 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 2.49 2.55 2.77 2.98 3.12

Republic Glass 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 3.04 3.09 3.13 3.12 3.18

Competitive Comparison of Republic Glass Holdings's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Republic Glass 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.


Republic Glass Holdings's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Republic Glass Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Republic Glass 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, Republic Glass 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)
=3.607/131.7762*131.7762
=3.607

Current CPI (Mar. 2024) = 131.7762.

Republic Glass Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.619 100.560 3.432
201409 2.625 100.428 3.444
201412 2.557 99.070 3.401
201503 2.575 99.621 3.406
201506 2.568 100.684 3.361
201509 2.578 100.392 3.384
201512 2.402 99.792 3.172
201603 2.401 100.470 3.149
201606 2.470 101.688 3.201
201609 2.507 101.861 3.243
201612 2.365 101.863 3.060
201703 2.376 102.862 3.044
201706 2.605 103.349 3.322
201709 2.401 104.136 3.038
201712 2.325 104.011 2.946
201803 2.346 105.290 2.936
201806 2.349 106.317 2.912
201809 2.366 106.507 2.927
201812 2.524 105.998 3.138
201903 2.575 107.251 3.164
201906 2.576 108.070 3.141
201909 2.610 108.329 3.175
201912 2.558 108.420 3.109
202003 2.525 108.902 3.055
202006 2.558 108.767 3.099
202009 2.551 109.815 3.061
202012 2.696 109.897 3.233
202103 2.708 111.754 3.193
202106 2.733 114.631 3.142
202109 2.738 115.734 3.118
202112 2.728 117.630 3.056
202203 2.710 121.301 2.944
202206 2.722 125.017 2.869
202209 2.717 125.227 2.859
202212 3.180 125.222 3.346
202303 3.204 127.348 3.315
202306 3.203 128.729 3.279
202309 3.191 129.860 3.238
202312 3.566 129.419 3.631
202403 3.607 131.776 3.607

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


Republic Glass Holdings  (PHS:REG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.60/3.18
=0.82

* 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 Republic Glass Holdings was 1.37. The lowest was 0.72. And the median was 1.05.


Be Aware

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


Republic Glass Holdings Cyclically Adjusted Book per Share Related Terms

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


Republic Glass Holdings (PHS:REG) Business Description

Traded in Other Exchanges
N/A
Address
196 Salcedo Street, 6th Floor, Republic Glass Building, Legaspi Village, Makati, PHL, 1229
Republic Glass Holdings Corp is a Philippines-based company. The company is engaged in purchasing, leasing, and selling securities of every kind of business. The operating segments of the Company are 1) Core business which relates to the company's investment activities, which involve purchasing and trading financial assets and investing in other securities and 2) Support business which relates to the company's sale of investment properties.