GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Roxas & Co Inc (PHS:RCI) » Definitions » Cyclically Adjusted PB Ratio

Roxas (PHS:RCI) Cyclically Adjusted PB Ratio : 0.90 (As of May. 23, 2024)


View and export this data going back to 1948. Start your Free Trial

What is Roxas Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Roxas's current share 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 for today is 0.90.

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

PHS:RCI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.25   Max: 0.97
Current: 0.9

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

PHS:RCI's Cyclically Adjusted PB Ratio is ranked worse than
58.89% of 1333 companies
in the Real Estate industry
Industry Median: 0.71 vs PHS:RCI: 0.90

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Roxas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Roxas'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.

Roxas Cyclically Adjusted PB Ratio Chart

Roxas Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.35 0.17 0.12 0.12

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 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 0.10 0.11 0.13 0.12 0.41

Competitive Comparison of Roxas's Cyclically Adjusted PB Ratio

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 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.

Roxas's Cyclically Adjusted PB Ratio for 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.

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

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.

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.


Roxas  (PHS:RCI) 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.


Roxas Cyclically Adjusted PB Ratio Related Terms

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


Roxas (PHS:RCI) Business Description

Industry
Traded in Other Exchanges
N/A
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.