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Vistamalls (PHS:STR) Cyclically Adjusted Book per Share : ₱3.55 (As of Dec. 2023)


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What is Vistamalls 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.

Vistamalls's adjusted book value per share for the three months ended in Dec. 2023 was ₱5.304. 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 ₱3.55 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Vistamalls's average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.40% 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 Vistamalls was 12.30% per year. The lowest was 8.00% per year. And the median was 11.50% per year.

As of today (2024-05-24), Vistamalls's current stock price is ₱2.27. Vistamalls's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₱3.55. Vistamalls's Cyclically Adjusted PB Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vistamalls was 12.55. The lowest was 0.63. And the median was 1.52.


Vistamalls Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vistamalls'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.

Vistamalls Cyclically Adjusted Book per Share Chart

Vistamalls 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 2.31 2.52 2.88 3.27 3.55

Vistamalls 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 3.27 3.35 3.42 3.48 3.55

Competitive Comparison of Vistamalls's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Vistamalls'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.


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

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

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



Vistamalls 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, Vistamalls'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)
=5.304/129.4194*129.4194
=5.304

Current CPI (Dec. 2023) = 129.4194.

Vistamalls Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.821 99.695 3.662
201406 2.835 100.560 3.649
201409 2.844 100.428 3.665
201412 1.641 99.070 2.144
201503 2.874 99.621 3.734
201506 2.903 100.684 3.732
201509 2.937 100.392 3.786
201512 1.999 99.792 2.592
201603 1.990 100.470 2.563
201606 2.034 101.688 2.589
201609 2.406 101.861 3.057
201612 2.134 101.863 2.711
201703 2.200 102.862 2.768
201706 2.243 103.349 2.809
201709 2.368 104.136 2.943
201712 2.431 104.011 3.025
201803 2.500 105.290 3.073
201806 2.570 106.317 3.128
201809 2.586 106.507 3.142
201812 2.623 105.998 3.203
201903 2.700 107.251 3.258
201906 2.763 108.070 3.309
201909 2.841 108.329 3.394
201912 3.081 108.420 3.678
202003 3.158 108.902 3.753
202006 3.205 108.767 3.814
202009 3.238 109.815 3.816
202012 3.115 109.897 3.668
202103 3.137 111.754 3.633
202106 3.223 114.631 3.639
202109 3.287 115.734 3.676
202112 3.521 117.630 3.874
202203 3.670 121.301 3.916
202206 3.977 125.017 4.117
202209 4.234 125.227 4.376
202212 4.322 125.222 4.467
202303 4.495 127.348 4.568
202306 4.823 128.729 4.849
202309 5.031 129.860 5.014
202312 5.304 129.419 5.304

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


Vistamalls  (PHS:STR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.27/3.55
=0.64

* 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 Vistamalls was 12.55. The lowest was 0.63. And the median was 1.52.


Be Aware

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


Vistamalls Cyclically Adjusted Book per Share Related Terms

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


Vistamalls (PHS:STR) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vistamalls Inc (PHS:STR) » Definitions » Cyclically Adjusted Book per Share
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Lower Ground Floor, Building B, EVIA Lifestyle Center, Vista City, Daanghari, Almanza II, Las Pinas City, PHL, 1750
Vistamalls Inc is a real estate investment and development company. The company is engaged in investment, real estate and leasing business in the Philippines. The company owns, develops and operates a chain of malls throughout Mega Manila and in key cities of the Philippines. Its malls are located in Bataan, Iloilo, Daang Hari, and Taguig among other locations.

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