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ArthaLand (PHS:ALCO) Cyclically Adjusted PB Ratio : 0.37 (As of Jun. 07, 2024)


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What is ArthaLand Cyclically Adjusted PB Ratio?

As of today (2024-06-07), ArthaLand's current share 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 for today is 0.37.

The historical rank and industry rank for ArthaLand's Cyclically Adjusted PB Ratio or its related term are showing as below:

PHS:ALCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.87   Max: 2.81
Current: 0.36

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

PHS:ALCO's Cyclically Adjusted PB Ratio is ranked better than
70.52% of 1384 companies
in the Real Estate industry
Industry Median: 0.705 vs PHS:ALCO: 0.36

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


ArthaLand Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ArthaLand's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

ArthaLand Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 0.95 0.73 0.51 0.35

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 PB Ratio 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 0.44 0.41 0.38 0.35 0.36

Competitive Comparison of ArthaLand's Cyclically Adjusted PB Ratio

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 PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

ArthaLand's Cyclically Adjusted PB Ratio for 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.

ArthaLand's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


ArthaLand  (PHS:ALCO) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


ArthaLand Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of ArthaLand's Cyclically Adjusted PB Ratio 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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