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Holcim Philippines (Holcim Philippines) Cyclically Adjusted Book per Share : $17.42 (As of Sep. 2023)


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What is Holcim Philippines 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.

Holcim Philippines's adjusted book value per share for the three months ended in Sep. 2023 was $4.144. 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 $17.42 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Holcim Philippines's average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% 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 Holcim Philippines was 7.40% per year. The lowest was 6.00% per year. And the median was 6.70% per year.

As of today (2024-06-11), Holcim Philippines's current stock price is $14.10. Holcim Philippines's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $17.42. Holcim Philippines's Cyclically Adjusted PB Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Holcim Philippines was 4.24. The lowest was 0.81. And the median was 1.50.


Holcim Philippines Cyclically Adjusted Book per Share Historical Data

The historical data trend for Holcim Philippines'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.

Holcim Philippines Cyclically Adjusted Book per Share Chart

Holcim Philippines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.96 3.85 7.51 10.80 16.63

Holcim Philippines Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 16.99 16.63 16.92 17.23 17.42

Competitive Comparison of Holcim Philippines's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Holcim Philippines'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.


Holcim Philippines's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Holcim Philippines's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Holcim Philippines 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, Holcim Philippines's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=4.144/129.8595*129.8595
=4.144

Current CPI (Sep. 2023) = 129.8595.

Holcim Philippines Quarterly Data

Book Value per Share CPI Adj_Book
201312 2.835 98.326 3.744
201403 3.056 99.695 3.981
201406 2.678 100.560 3.458
201409 2.773 100.428 3.586
201412 2.917 99.070 3.824
201503 3.116 99.621 4.062
201506 2.618 100.684 3.377
201509 2.819 100.392 3.646
201512 3.297 99.792 4.290
201603 3.496 100.470 4.519
201606 3.040 101.688 3.882
201609 3.273 101.861 4.173
201612 3.468 101.863 4.421
201703 3.592 102.862 4.535
201706 2.910 103.349 3.656
201709 2.937 104.136 3.663
201712 2.952 104.011 3.686
201803 3.045 105.290 3.756
201806 2.801 106.317 3.421
201809 2.825 106.507 3.444
201812 3.336 105.998 4.087
201903 3.336 107.251 4.039
201906 3.430 108.070 4.122
201909 3.490 108.329 4.184
201912 3.666 108.420 4.391
202003 3.733 108.902 4.451
202006 3.721 108.767 4.443
202009 3.802 109.815 4.496
202012 3.912 109.897 4.623
202103 4.032 111.754 4.685
202106 3.761 114.631 4.261
202109 3.850 115.734 4.320
202112 3.935 117.630 4.344
202203 3.990 121.301 4.272
202206 4.084 125.017 4.242
202209 4.049 125.227 4.199
202212 4.054 125.222 4.204
202303 4.030 127.348 4.109
202306 4.076 128.729 4.112
202309 4.144 129.860 4.144

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


Holcim Philippines  (OTCPK:HCPHY) 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.

Holcim Philippines's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.10/17.42
=0.81

* 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 Holcim Philippines was 4.24. The lowest was 0.81. And the median was 1.50.


Be Aware

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


Holcim Philippines Cyclically Adjusted Book per Share Related Terms

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


Holcim Philippines (Holcim Philippines) Business Description

Traded in Other Exchanges
N/A
Address
7th Floor, Two World Square, McKinley Hill, Fort Bonifacio, Taguig City, PHL, 1634
Holcim Philippines Inc is a cement manufacturer. The company manufactures, sells and distributes cement and clinker, along with it also provides aggregates, concrete and construction related services. The company's product line includes xcement, dry mix mortar products, clinker, and ready mix concrete. Its cement brands are Holcim Premium (Type 1 portland cement), Holcim 4X (Type 1 high-performance Portland cement), Holcim Excel (Type 1P blended cement), and Holcim WallRight (Type S Masonry cement). Its assets include four production facilities, one cement grinding mill, five ports, and various storage and distribution points.

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