GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Dhofar Insurance Co SAOG (MUS:DICS) » Definitions » Cyclically Adjusted Book per Share

Dhofar Insurance CoOG (MUS:DICS) Cyclically Adjusted Book per Share : ر.ع0.22 (As of Sep. 2022)


View and export this data going back to 1991. Start your Free Trial

What is Dhofar Insurance CoOG 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.

Dhofar Insurance CoOG's adjusted book value per share for the three months ended in Sep. 2022 was ر.ع0.266. 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 ر.ع0.22 for the trailing ten years ended in Sep. 2022.

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 (2024-05-22), Dhofar Insurance CoOG's current stock price is ر.ع0.209. Dhofar Insurance CoOG's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was ر.ع0.22. Dhofar Insurance CoOG's Cyclically Adjusted PB Ratio of today is 0.95.


Dhofar Insurance CoOG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dhofar Insurance CoOG'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.

Dhofar Insurance CoOG Cyclically Adjusted Book per Share Chart

Dhofar Insurance CoOG Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.21

Dhofar Insurance CoOG Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - 0.21 0.21 0.22 0.22

Competitive Comparison of Dhofar Insurance CoOG's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, Dhofar Insurance CoOG'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.


Dhofar Insurance CoOG's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dhofar Insurance CoOG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dhofar Insurance CoOG 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, Dhofar Insurance CoOG's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book= Book Value per Share /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=0.266/125.2265*125.2265
=0.266

Current CPI (Sep. 2022) = 125.2265.

Dhofar Insurance CoOG Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.168 96.871 0.217
201303 0.176 98.209 0.224
201306 0.172 98.518 0.219
201309 0.178 98.790 0.226
201312 0.185 98.326 0.236
201403 0.194 99.695 0.244
201406 0.181 100.560 0.225
201409 0.182 100.428 0.227
201412 0.185 99.070 0.234
201503 0.174 99.621 0.219
201506 0.177 100.684 0.220
201509 0.179 100.392 0.223
201512 0.119 99.792 0.149
201603 0.171 100.470 0.213
201606 0.159 101.688 0.196
201609 0.137 101.861 0.168
201612 0.088 101.863 0.108
201703 0.100 102.862 0.122
201706 0.084 103.349 0.102
201709 0.082 104.136 0.099
201712 0.082 104.011 0.099
201803 0.087 105.290 0.103
201806 0.200 106.317 0.236
201809 0.253 106.507 0.297
201812 0.194 105.998 0.229
201903 0.202 107.251 0.236
201906 0.208 108.070 0.241
201909 0.215 108.329 0.249
201912 0.219 108.420 0.253
202003 0.230 108.902 0.264
202006 0.240 108.767 0.276
202009 0.248 109.815 0.283
202012 0.255 109.897 0.291
202103 0.254 111.754 0.285
202106 0.263 114.631 0.287
202109 0.274 115.734 0.296
202112 0.271 117.630 0.289
202203 0.262 121.301 0.270
202206 0.261 125.017 0.261
202209 0.266 125.227 0.266

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


Dhofar Insurance CoOG  (MUS:DICS) 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.

Dhofar Insurance CoOG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.209/0.22
=0.95

* 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.


Be Aware

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


Dhofar Insurance CoOG Cyclically Adjusted Book per Share Related Terms

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


Dhofar Insurance CoOG (MUS:DICS) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1002, Ruwi, OMN, 112
Dhofar Insurance Co SAOG operates in the insurance industry. The company's principal activity is undertaking the business of insurance and reinsurance (general and life) in the Sultanate of Oman. It has aggregated its operations into two reportable segments - General Insurance and Life Insurance. General Insurance business includes insurance and reinsurance of a motor; fire and general accident; and marine cargo and hull. The Life Insurance business relates to insuring the life of an individual. The majority of revenue is generated from the General insurance segment.

Dhofar Insurance CoOG (MUS:DICS) Headlines

No Headlines