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Oman Telecommunications CoOG (MUS:OTEL) Cyclically Adjusted Book per Share : ر.ع0.89 (As of Dec. 2023)


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What is Oman Telecommunications 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.

Oman Telecommunications CoOG's adjusted book value per share for the three months ended in Dec. 2023 was ر.ع0.862. 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.ع0.89 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Oman Telecommunications CoOG's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Oman Telecommunications CoOG was 5.40% per year. The lowest was 5.10% per year. And the median was 5.25% per year.

As of today (2024-05-22), Oman Telecommunications CoOG's current stock price is ر.ع1.049. Oman Telecommunications CoOG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ر.ع0.89. Oman Telecommunications CoOG's Cyclically Adjusted PB Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oman Telecommunications CoOG was 1.26. The lowest was 0.77. And the median was 1.01.


Oman Telecommunications CoOG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Oman Telecommunications 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.

Oman Telecommunications CoOG Cyclically Adjusted Book per Share Chart

Oman Telecommunications CoOG 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 0.75 0.76 0.82 0.87 0.89

Oman Telecommunications CoOG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.87 0.88 0.89 0.90 0.89

Competitive Comparison of Oman Telecommunications CoOG's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Oman Telecommunications 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.


Oman Telecommunications CoOG's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Oman Telecommunications CoOG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Oman Telecommunications 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, Oman Telecommunications CoOG's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.862/129.4194*129.4194
=0.862

Current CPI (Dec. 2023) = 129.4194.

Oman Telecommunications CoOG Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.686 99.695 0.891
201406 0.727 100.560 0.936
201409 0.726 100.428 0.936
201412 0.760 99.070 0.993
201503 0.732 99.621 0.951
201506 0.767 100.684 0.986
201509 0.751 100.392 0.968
201512 0.721 99.792 0.935
201603 0.707 100.470 0.911
201606 0.750 101.688 0.955
201609 0.747 101.861 0.949
201612 0.776 101.863 0.986
201703 0.738 102.862 0.929
201706 0.761 103.349 0.953
201709 0.770 104.136 0.957
201712 0.762 104.011 0.948
201803 0.676 105.290 0.831
201806 0.689 106.317 0.839
201809 0.721 106.507 0.876
201812 0.730 105.998 0.891
201903 0.699 107.251 0.843
201906 0.713 108.070 0.854
201909 0.734 108.329 0.877
201912 0.753 108.420 0.899
202003 0.000 108.902 0.000
202006 0.707 108.767 0.841
202009 0.737 109.815 0.869
202012 0.768 109.897 0.904
202103 0.712 111.754 0.825
202106 0.736 114.631 0.831
202109 0.751 115.734 0.840
202112 0.772 117.630 0.849
202203 0.746 121.301 0.796
202206 0.771 125.017 0.798
202209 0.789 125.227 0.815
202212 0.847 125.222 0.875
202303 0.813 127.348 0.826
202306 0.837 128.729 0.841
202309 0.852 129.860 0.849
202312 0.862 129.419 0.862

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


Oman Telecommunications CoOG  (MUS:OTEL) 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.

Oman Telecommunications CoOG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.049/0.89
=1.18

* 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 Oman Telecommunications CoOG was 1.26. The lowest was 0.77. And the median was 1.01.


Be Aware

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


Oman Telecommunications CoOG Cyclically Adjusted Book per Share Related Terms

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


Oman Telecommunications CoOG (MUS:OTEL) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box: 789, Ruwi, Muscat, OMN, 112
Oman Telecommunications Co SAOG is engaged in the establishment, operation, maintenance, and development of telecommunication services in the Sultanate of Oman. The company and its subsidiaries operate in a single business segment: telecommunications and related services. Its revenue comprises Fixed Broadband, Mobile Postpaid, and ICT (Information and communications technology). The geographical segments are Oman, Kuwait, Jordan, Sudan, Iraq, Bahrain, Saudi Arabia, and Others.