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ATN Holdings (PHS:ATN) Cyclically Adjusted Book per Share : ₱0.50 (As of Dec. 2023)


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What is ATN 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.

ATN Holdings's adjusted book value per share for the three months ended in Dec. 2023 was ₱0.378. 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 ₱0.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, ATN Holdings's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 ATN Holdings was 7.00% per year. The lowest was 6.40% per year. And the median was 6.70% per year.

As of today (2024-06-04), ATN Holdings's current stock price is ₱0.57. ATN Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₱0.50. ATN Holdings's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ATN Holdings was 4.00. The lowest was 0.72. And the median was 1.34.


ATN Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for ATN 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.

ATN Holdings Cyclically Adjusted Book per Share Chart

ATN Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.40 0.42 0.47 0.49

ATN Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.48 0.49 0.50 0.50 0.50

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

For the Real Estate Services subindustry, ATN 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.


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

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

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



ATN 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, ATN Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.378/129.4194*129.4194
=0.378

Current CPI (Dec. 2023) = 129.4194.

ATN Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.405 99.695 0.526
201406 0.404 100.560 0.520
201409 0.404 100.428 0.521
201412 0.405 99.070 0.529
201503 0.040 99.621 0.052
201506 0.405 100.684 0.521
201509 0.404 100.392 0.521
201512 0.404 99.792 0.524
201603 0.407 100.470 0.524
201606 0.406 101.688 0.517
201609 0.406 101.861 0.516
201612 0.406 101.863 0.516
201703 0.405 102.862 0.510
201706 0.404 103.349 0.506
201709 0.404 104.136 0.502
201712 0.405 104.011 0.504
201803 0.474 105.290 0.583
201806 0.473 106.317 0.576
201809 0.473 106.507 0.575
201812 0.473 105.998 0.578
201903 0.471 107.251 0.568
201906 0.470 108.070 0.563
201909 0.470 108.329 0.562
201912 0.471 108.420 0.562
202003 0.469 108.902 0.557
202006 0.469 108.767 0.558
202009 0.469 109.815 0.553
202012 0.468 109.897 0.551
202103 0.476 111.754 0.551
202106 0.476 114.631 0.537
202109 0.476 115.734 0.532
202112 0.475 117.630 0.523
202203 0.475 121.301 0.507
202206 0.381 125.017 0.394
202209 0.381 125.227 0.394
202212 0.381 125.222 0.394
202303 0.378 127.348 0.384
202306 0.378 128.729 0.380
202309 0.378 129.860 0.377
202312 0.378 129.419 0.378

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


ATN Holdings  (PHS:ATN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.57/0.5
=1.14

* 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 ATN Holdings was 4.00. The lowest was 0.72. And the median was 1.34.


Be Aware

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


ATN Holdings Cyclically Adjusted Book per Share Related Terms

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


ATN Holdings (PHS:ATN) Business Description

Industry
Traded in Other Exchanges
Address
530 Shaw Boulevard, 9th Floor, Summit One Tower, Mandaluyong, PHL, 1550
ATN Holdings Inc is a holding company, engaged in real estate, land development, energy and healthcare services. The business activity of the group is operated through Real estate leasing and Aggregates. In addition, it also invests in real properties and stocks. The project portfolio of the group includes project such as Summit One Tower, Palladian project, Lincoln Plaza and land for development in Rodriguez, Rizal. Geographically, the company operates in the Philippines and derives principal revenue from the Real estate leasing segment.

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