GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pakistan International Container Terminal Ltd (KAR:PICT) » Definitions » Cyclically Adjusted Book per Share

Pakistan International Container Terminal (KAR:PICT) Cyclically Adjusted Book per Share : ₨29.08 (As of Mar. 2024)


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

What is Pakistan International Container Terminal 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.

Pakistan International Container Terminal's adjusted book value per share for the three months ended in Mar. 2024 was ₨17.749. 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 ₨29.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pakistan International Container Terminal's average Cyclically Adjusted Book Growth Rate was -2.00% 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.

As of today (2024-06-11), Pakistan International Container Terminal's current stock price is ₨39.30. Pakistan International Container Terminal's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨29.08. Pakistan International Container Terminal's Cyclically Adjusted PB Ratio of today is 1.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pakistan International Container Terminal was 6.21. The lowest was 1.30. And the median was 5.27.


Pakistan International Container Terminal Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pakistan International Container Terminal'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.

Pakistan International Container Terminal Cyclically Adjusted Book per Share Chart

Pakistan International Container Terminal 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 - - 29.49 29.17 28.78

Pakistan International Container Terminal 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 29.67 29.79 29.56 28.78 29.08

Competitive Comparison of Pakistan International Container Terminal's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Pakistan International Container Terminal'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.


Pakistan International Container Terminal's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pakistan International Container Terminal's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pakistan International Container Terminal's Cyclically Adjusted PB Ratio falls into.



Pakistan International Container Terminal 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, Pakistan International Container Terminal'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)
=17.749/131.7762*131.7762
=17.749

Current CPI (Mar. 2024) = 131.7762.

Pakistan International Container Terminal Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.378 100.560 29.325
201409 21.420 100.428 28.106
201412 23.672 99.070 31.487
201503 25.474 99.621 33.696
201506 25.214 100.684 33.000
201509 24.165 100.392 31.720
201512 24.678 99.792 32.587
201603 31.861 100.470 41.789
201606 20.567 101.688 26.652
201609 19.916 101.861 25.765
201612 19.659 101.863 25.432
201703 26.886 102.862 34.444
201706 22.445 103.349 28.619
201709 21.234 104.136 26.870
201712 21.442 104.011 27.166
201803 26.586 105.290 33.274
201806 19.841 106.317 24.592
201809 21.321 106.507 26.380
201812 21.071 105.998 26.195
201903 25.678 107.251 31.550
201906 22.140 108.070 26.997
201909 23.203 108.329 28.225
201912 26.053 108.420 31.665
202003 31.949 108.902 38.660
202006 28.288 108.767 34.272
202009 22.151 109.815 26.581
202012 22.497 109.897 26.976
202103 31.227 111.754 36.822
202106 31.324 114.631 36.009
202109 37.106 115.734 42.249
202112 24.951 117.630 27.952
202203 33.463 121.301 36.353
202206 20.112 125.017 21.199
202209 22.714 125.227 23.902
202212 19.857 125.222 20.896
202303 29.779 127.348 30.815
202306 33.760 128.729 34.559
202309 16.049 129.860 16.286
202312 6.352 129.419 6.468
202403 17.749 131.776 17.749

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


Pakistan International Container Terminal  (KAR:PICT) 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.

Pakistan International Container Terminal's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.30/29.08
=1.35

* 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 Pakistan International Container Terminal was 6.21. The lowest was 1.30. And the median was 5.27.


Be Aware

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


Pakistan International Container Terminal Cyclically Adjusted Book per Share Related Terms

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


Pakistan International Container Terminal (KAR:PICT) Business Description

Traded in Other Exchanges
N/A
Address
Berths 6 - 9, East Wharf,, Keamari,, Karachi Port,, Karachi, PAK, 75620
Pakistan International Container Terminal Ltd operates as a container terminal management service in Pakistan. The company is located at the Port of Karachi involved in the construction, development, operation, and management of a common user container terminal under the Build Operate Transfer (BOT) contract with Karachi Port Trust.

Pakistan International Container Terminal (KAR:PICT) Headlines

No Headlines