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Salalah Mills CoOG (MUS:SFMI) Cyclically Adjusted PB Ratio : 0.77 (As of Jun. 10, 2024)


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What is Salalah Mills CoOG Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Salalah Mills CoOG's current share price is ر.ع0.48. Salalah Mills CoOG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was ر.ع0.62. Salalah Mills CoOG's Cyclically Adjusted PB Ratio for today is 0.77.

The historical rank and industry rank for Salalah Mills CoOG's Cyclically Adjusted PB Ratio or its related term are showing as below:

MUS:SFMI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.26   Max: 3.51
Current: 0.78

During the past 13 years, Salalah Mills CoOG's highest Cyclically Adjusted PB Ratio was 3.51. The lowest was 0.65. And the median was 1.26.

MUS:SFMI's Cyclically Adjusted PB Ratio is ranked better than
72.01% of 1365 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs MUS:SFMI: 0.78

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.

Salalah Mills CoOG's adjusted book value per share data of for the fiscal year that ended in Dec22 was ر.ع0.669. 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.ع0.62 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Salalah Mills CoOG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Salalah Mills CoOG's Cyclically Adjusted PB Ratio 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.

Salalah Mills CoOG Cyclically Adjusted PB Ratio Chart

Salalah Mills CoOG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 3.54 2.88 - 1.40

Salalah Mills CoOG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec21 Dec22
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.69 3.54 2.88 - 1.40

Competitive Comparison of Salalah Mills CoOG's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Salalah Mills 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.


Salalah Mills CoOG's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Salalah Mills CoOG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Salalah Mills CoOG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Salalah Mills CoOG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.48/0.62
=0.77

* 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.

Salalah Mills CoOG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Salalah Mills CoOG's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.669/125.2218*125.2218
=0.669

Current CPI (Dec22) = 125.2218.

Salalah Mills CoOG Annual Data

Book Value per Share CPI Adj_Book
201012 0.330 92.474 0.447
201112 0.365 95.213 0.480
201212 0.426 96.871 0.551
201312 0.469 98.326 0.597
201412 0.517 99.070 0.653
201512 0.559 99.792 0.701
201612 0.575 101.863 0.707
201712 0.618 104.011 0.744
202112 0.000 117.630 0.000
202212 0.669 125.222 0.669

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


Salalah Mills CoOG  (MUS:SFMI) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Salalah Mills CoOG Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Salalah Mills CoOG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Salalah Mills CoOG (MUS:SFMI) Business Description

Traded in Other Exchanges
N/A
Address
Al Awqadain, P.O Box 67, Salalah, OMN, 217
Salalah Mills Co SAOG is engaged in milling of wheat and selling wheat flour, bran and feed in Oman, Africa & other Asian countries. It offers various flour products, Arabic bread flour, home baking flour, Semolina, Harees, Jareesh & other atta products.

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