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Saudi Chemical Co (SAU:2230) Cyclically Adjusted Book per Share : ﷼2.26 (As of Mar. 2024)


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What is Saudi Chemical Co 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.

Saudi Chemical Co's adjusted book value per share for the three months ended in Mar. 2024 was ﷼2.244. 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 ﷼2.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saudi Chemical Co's average Cyclically Adjusted Book Growth Rate was 3.20% 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 (2024-05-27), Saudi Chemical Co's current stock price is ﷼8.79. Saudi Chemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼2.26. Saudi Chemical Co's Cyclically Adjusted PB Ratio of today is 3.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saudi Chemical Co was 4.01. The lowest was 1.37. And the median was 2.00.


Saudi Chemical Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Saudi Chemical Co'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.

Saudi Chemical Co Cyclically Adjusted Book per Share Chart

Saudi Chemical Co 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 - - - - 2.22

Saudi Chemical Co 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 2.19 2.22 2.23 2.22 2.26

Competitive Comparison of Saudi Chemical Co's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Saudi Chemical Co'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.


Saudi Chemical Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Saudi Chemical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Saudi Chemical Co's Cyclically Adjusted PB Ratio falls into.



Saudi Chemical Co 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, Saudi Chemical Co'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)
=2.244/131.7762*131.7762
=2.244

Current CPI (Mar. 2024) = 131.7762.

Saudi Chemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201212 1.686 96.871 2.294
201312 1.780 98.326 2.386
201412 1.829 99.070 2.433
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 1.844 99.792 2.435
201603 1.812 100.470 2.377
201606 1.869 101.688 2.422
201609 1.891 101.861 2.446
201612 1.740 101.863 2.251
201703 1.806 102.862 2.314
201706 1.765 103.349 2.250
201709 1.798 104.136 2.275
201712 1.759 104.011 2.229
201803 1.826 105.290 2.285
201806 1.859 106.317 2.304
201809 1.782 106.507 2.205
201812 1.806 105.998 2.245
201903 1.852 107.251 2.276
201906 1.889 108.070 2.303
201909 1.861 108.329 2.264
201912 1.843 108.420 2.240
202003 1.888 108.902 2.285
202006 1.936 108.767 2.346
202009 1.958 109.815 2.350
202012 1.934 109.897 2.319
202103 1.982 111.754 2.337
202106 1.964 114.631 2.258
202109 1.973 115.734 2.246
202112 1.918 117.630 2.149
202203 1.957 121.301 2.126
202206 1.974 125.017 2.081
202209 1.986 125.227 2.090
202212 1.969 125.222 2.072
202303 2.007 127.348 2.077
202306 2.038 128.729 2.086
202309 2.080 129.860 2.111
202312 2.135 129.419 2.174
202403 2.244 131.776 2.244

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


Saudi Chemical Co  (SAU:2230) 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.

Saudi Chemical Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.79/2.26
=3.89

* 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 Saudi Chemical Co was 4.01. The lowest was 1.37. And the median was 2.00.


Be Aware

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


Saudi Chemical Co Cyclically Adjusted Book per Share Related Terms

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


Saudi Chemical Co (SAU:2230) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7632 Al-Ihsa Rd, Al-Malaz, P.O. Box 2665, Riyadh, SAU, 11461
Saudi Chemical Co, along with its subsidiaries, is engaged in the manufacturing and distribution of explosives and their derivatives. Its other business operations include providing technical support services in explosions, wholesale and retail trading in medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers, and manufacture of ammonium nitrate. The company operates in three segments: Explosives, Medicines & medical supplies, and Production of Ammonium Nitrate.

Saudi Chemical Co (SAU:2230) Headlines

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