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Roxas (PHS:RCI) Cyclically Adjusted Book per Share : ₱4.22 (As of Mar. 2024)


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What is Roxas 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.

Roxas's adjusted book value per share for the three months ended in Mar. 2024 was ₱3.891. 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 ₱4.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Roxas's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.00% 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 Roxas was 4.50% per year. The lowest was 4.00% per year. And the median was 4.25% per year.

As of today (2024-05-22), Roxas's current stock price is ₱3.80. Roxas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱4.22. Roxas's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Roxas was 0.97. The lowest was 0.10. And the median was 0.25.


Roxas Cyclically Adjusted Book per Share Historical Data

The historical data trend for Roxas'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.

Roxas Cyclically Adjusted Book per Share Chart

Roxas Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 3.70 3.92 4.09 4.16

Roxas 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 4.14 4.16 4.19 4.16 4.22

Competitive Comparison of Roxas's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Roxas'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.


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

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

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



Roxas 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, Roxas'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)
=3.891/131.7762*131.7762
=3.891

Current CPI (Mar. 2024) = 131.7762.

Roxas Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.584 100.560 4.697
201409 3.611 100.428 4.738
201412 3.577 99.070 4.758
201503 3.590 99.621 4.749
201506 3.582 100.684 4.688
201509 3.617 100.392 4.748
201512 3.579 99.792 4.726
201603 3.599 100.470 4.720
201606 3.576 101.688 4.634
201609 3.588 101.861 4.642
201612 3.547 101.863 4.589
201703 3.553 102.862 4.552
201706 3.531 103.349 4.502
201709 3.508 104.136 4.439
201712 3.515 104.011 4.453
201803 3.500 105.290 4.380
201806 3.425 106.317 4.245
201809 3.370 106.507 4.170
201812 3.652 105.998 4.540
201903 3.858 107.251 4.740
201906 3.509 108.070 4.279
201909 3.454 108.329 4.202
201912 3.770 108.420 4.582
202003 3.688 108.902 4.463
202006 3.545 108.767 4.295
202009 3.105 109.815 3.726
202012 3.155 109.897 3.783
202103 3.150 111.754 3.714
202106 3.100 114.631 3.564
202109 3.097 115.734 3.526
202112 3.280 117.630 3.674
202203 3.252 121.301 3.533
202206 3.201 125.017 3.374
202209 3.137 125.227 3.301
202212 3.694 125.222 3.887
202303 3.616 127.348 3.742
202306 3.534 128.729 3.618
202309 3.494 129.860 3.546
202312 4.242 129.419 4.319
202403 3.891 131.776 3.891

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


Roxas  (PHS:RCI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.80/4.22
=0.90

* 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 Roxas was 0.97. The lowest was 0.10. And the median was 0.25.


Be Aware

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


Roxas Cyclically Adjusted Book per Share Related Terms

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


Roxas (PHS:RCI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Roxas & Co Inc (PHS:RCI) » Definitions » Cyclically Adjusted Book per Share
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Address
101 Aguirre Street, 7th Floor, Cacho-Gonzales Building, Legaspi Village, Makati, PHL, 1229
Roxas & Co Inc is primarily engaged in acquiring, owning, developing, selling, and holding investments in real estate and sugar businesses. Its segments include Real Estate, Hotel, Manufacturing, and Others. Its Real Estate segment acquires, develops, subdivides, leases, and sells agricultural, industrial, commercial, residential, and other real properties. The Hotel segment operates hotels. The Manufacturing segment involves RSAI, which is a subsidiary of the parent company and manufacturing arm of the group. RSAI is incorporated primarily to manufacture coconut products for export and domestic consumption. The Others segment owns various tracts of lands in Nasugbu, Batangas, and RGEC, an entity established primarily for renewable energy.