GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Orascom Development Egypt SAE (CAI:ORHD) » Definitions » Cyclically Adjusted Book per Share

Orascom Development EgyptE (CAI:ORHD) Cyclically Adjusted Book per Share : E£3.37 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Orascom Development EgyptE 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.

Orascom Development EgyptE's adjusted book value per share for the three months ended in Mar. 2024 was E£6.573. 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 E£3.37 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-08), Orascom Development EgyptE's current stock price is E£10.90. Orascom Development EgyptE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was E£3.37. Orascom Development EgyptE's Cyclically Adjusted PB Ratio of today is 3.23.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Orascom Development EgyptE was 4.48. The lowest was 2.93. And the median was 3.53.


Orascom Development EgyptE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Orascom Development EgyptE'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.

Orascom Development EgyptE Cyclically Adjusted Book per Share Chart

Orascom Development EgyptE 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 - - - - 3.22

Orascom Development EgyptE 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 - - 3.11 3.22 3.37

Competitive Comparison of Orascom Development EgyptE's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Orascom Development EgyptE'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.


Orascom Development EgyptE's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Orascom Development EgyptE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Orascom Development EgyptE 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, Orascom Development EgyptE'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)
=6.573/131.7762*131.7762
=6.573

Current CPI (Mar. 2024) = 131.7762.

Orascom Development EgyptE Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 1.722 100.428 2.260
201412 1.789 99.070 2.380
201503 1.834 99.621 2.426
201506 1.938 100.684 2.536
201509 2.049 100.392 2.690
201512 1.995 99.792 2.634
201603 1.910 100.470 2.505
201606 1.899 101.688 2.461
201609 1.859 101.861 2.405
201612 1.101 101.863 1.424
201703 1.127 102.862 1.444
201706 1.197 103.349 1.526
201709 1.265 104.136 1.601
201712 1.335 104.011 1.691
201803 1.388 105.290 1.737
201806 6.169 106.317 7.646
201809 1.297 106.507 1.605
201812 1.439 105.998 1.789
201903 1.548 107.251 1.902
201906 1.875 108.070 2.286
201909 1.972 108.329 2.399
201912 2.164 108.420 2.630
202003 2.256 108.902 2.730
202006 2.292 108.767 2.777
202009 2.441 109.815 2.929
202012 2.610 109.897 3.130
202103 2.975 111.754 3.508
202106 3.224 114.631 3.706
202109 3.610 115.734 4.110
202112 3.689 117.630 4.133
202203 4.045 121.301 4.394
202206 4.369 125.017 4.605
202209 4.897 125.227 5.153
202212 5.092 125.222 5.359
202303 5.349 127.348 5.535
202306 5.863 128.729 6.002
202309 6.779 129.860 6.879
202312 7.624 129.419 7.763
202403 6.573 131.776 6.573

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


Orascom Development EgyptE  (CAI:ORHD) 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.

Orascom Development EgyptE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.90/3.37
=3.23

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Orascom Development EgyptE was 4.48. The lowest was 2.93. And the median was 3.53.


Be Aware

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


Orascom Development EgyptE Cyclically Adjusted Book per Share Related Terms

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


Orascom Development EgyptE (CAI:ORHD) Business Description

Traded in Other Exchanges
N/A
Address
Nile City Towers, South Tower, 9th Floor, 2005 A Corniche El Nil, Cairo, EGY, 11221
Orascom Development Egypt SAE is engaged in the development of integrated destinations in Egypt including private villas and apartments, hotels, leisure facilities and other supporting infrastructure. Its segments are Hotels, Real estate, Land sales, Town Management and Other Operations. The Hotel segment includes the provision of hospitality services in two to five-star hotels. Its Real-estate and construction segment includes an acquisition of land in undeveloped areas. The Land sales segment includes the sale of land and land rights to others. Town management consists of the provision of facilities and infrastructure services at resorts and towns. The Other segment comprises of rentals from investment properties, mortgages, hospital services, educational services, and other services.

Orascom Development EgyptE (CAI:ORHD) Headlines

No Headlines