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ArthaLand (PHS:ALCO) Cyclically Adjusted Book per Share : ₱1.36 (As of Mar. 2024)


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What is ArthaLand 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.

ArthaLand's adjusted book value per share for the three months ended in Mar. 2024 was ₱1.926. 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 ₱1.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ArthaLand's average Cyclically Adjusted Book Growth Rate was 17.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 24.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 25.40% 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 ArthaLand was 27.00% per year. The lowest was 23.60% per year. And the median was 25.45% per year.

As of today (2024-06-07), ArthaLand's current stock price is ₱0.50. ArthaLand's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱1.36. ArthaLand's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ArthaLand was 2.81. The lowest was 0.32. And the median was 0.87.


ArthaLand Cyclically Adjusted Book per Share Historical Data

The historical data trend for ArthaLand'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.

ArthaLand Cyclically Adjusted Book per Share Chart

ArthaLand 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 0.54 0.68 0.88 1.10 1.30

ArthaLand 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 1.16 1.21 1.26 1.30 1.36

Competitive Comparison of ArthaLand's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, ArthaLand'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.


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

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

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



ArthaLand 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, ArthaLand'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)
=1.926/131.7762*131.7762
=1.926

Current CPI (Mar. 2024) = 131.7762.

ArthaLand Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.306 100.560 0.401
201409 0.000 100.428 0.000
201412 0.396 99.070 0.527
201503 0.309 99.621 0.409
201506 0.327 100.684 0.428
201509 0.333 100.392 0.437
201512 0.431 99.792 0.569
201603 0.355 100.470 0.466
201606 0.356 101.688 0.461
201609 0.497 101.861 0.643
201612 0.955 101.863 1.235
201703 0.947 102.862 1.213
201706 0.939 103.349 1.197
201709 0.957 104.136 1.211
201712 0.953 104.011 1.207
201803 0.948 105.290 1.186
201806 0.934 106.317 1.158
201809 0.936 106.507 1.158
201812 0.979 105.998 1.217
201903 1.011 107.251 1.242
201906 1.234 108.070 1.505
201909 1.250 108.329 1.521
201912 1.338 108.420 1.626
202003 1.330 108.902 1.609
202006 1.460 108.767 1.769
202009 1.454 109.815 1.745
202012 1.497 109.897 1.795
202103 1.511 111.754 1.782
202106 1.547 114.631 1.778
202109 1.531 115.734 1.743
202112 1.786 117.630 2.001
202203 1.800 121.301 1.955
202206 1.893 125.017 1.995
202209 1.858 125.227 1.955
202212 1.890 125.222 1.989
202303 1.913 127.348 1.980
202306 1.986 128.729 2.033
202309 1.977 129.860 2.006
202312 2.009 129.419 2.046
202403 1.926 131.776 1.926

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


ArthaLand  (PHS:ALCO) 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.

ArthaLand's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.50/1.36
=0.37

* 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 ArthaLand was 2.81. The lowest was 0.32. And the median was 0.87.


Be Aware

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


ArthaLand Cyclically Adjusted Book per Share Related Terms

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


ArthaLand (PHS:ALCO) Business Description

Industry
Traded in Other Exchanges
Address
5th Avenue corner 30th Street, 7 Floor, ArthaLand Century Pacific Tower, Bonifacio Global City, Taguig City, PHL, 1634
ArthaLand Corp engages in property development, sale, and management. It is a developer of residential, office, and leisure properties. The operating segments of the group are the Sale of real estate, Leasing, Property Management services and Corporate. It derives key revenue from the sale of the real estate business segment. The company's operations are located in the Philippines. Its project portfolio comprises Cebu Exchange, Arya Residences, Arthaland Century Pacific Tower and others.

ArthaLand (PHS:ALCO) Headlines

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