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Naseej International Trading Co (SAU:1213) Cyclically Adjusted PB Ratio : 0.76 (As of Jun. 04, 2024)


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What is Naseej International Trading Co Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Naseej International Trading Co's current share price is ﷼76.50. Naseej International Trading Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼100.81. Naseej International Trading Co's Cyclically Adjusted PB Ratio for today is 0.76.

The historical rank and industry rank for Naseej International Trading Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SAU:1213' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.38   Max: 0.83
Current: 0.76

During the past years, Naseej International Trading Co's highest Cyclically Adjusted PB Ratio was 0.83. The lowest was 0.24. And the median was 0.38.

SAU:1213's Cyclically Adjusted PB Ratio is ranked better than
71.66% of 307 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.51 vs SAU:1213: 0.76

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.

Naseej International Trading Co's adjusted book value per share data for the three months ended in Mar. 2024 was ﷼8.283. 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 ﷼100.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Naseej International Trading Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Naseej International Trading Co'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.

Naseej International Trading Co Cyclically Adjusted PB Ratio Chart

Naseej International Trading Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.34 0.61

Naseej International Trading 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 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.38 0.42 0.61 0.81

Competitive Comparison of Naseej International Trading Co's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Naseej International Trading 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.


Naseej International Trading Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Naseej International Trading Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Naseej International Trading Co's Cyclically Adjusted PB Ratio falls into.



Naseej International Trading Co 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.

Naseej International Trading Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=76.50/100.81
=0.76

* 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.

Naseej International Trading Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Naseej International Trading 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)
=8.283/131.7762*131.7762
=8.283

Current CPI (Mar. 2024) = 131.7762.

Naseej International Trading Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 213.584 99.070 284.096
201503 212.215 99.621 280.712
201506 214.058 100.684 280.161
201509 207.018 100.392 271.737
201512 188.548 99.792 248.978
201603 200.715 100.470 263.256
201606 200.345 101.688 259.624
201609 183.143 101.861 236.930
201612 143.094 101.863 185.116
201703 143.530 102.862 183.875
201706 129.397 103.349 164.989
201709 105.996 104.136 134.130
201712 101.224 104.011 128.245
201803 99.116 105.290 124.050
201806 99.651 106.317 123.514
201809 91.943 106.507 113.757
201812 71.051 105.998 88.330
201903 54.454 107.251 66.906
201906 30.882 108.070 37.656
201909 32.070 108.329 39.011
201912 15.671 108.420 19.047
202003 56.086 108.902 67.867
202006 47.708 108.767 57.800
202009 6.734 109.815 8.081
202012 6.860 109.897 8.226
202103 15.808 111.754 18.640
202106 17.468 114.631 20.081
202109 10.575 115.734 12.041
202112 10.000 117.630 11.203
202203 10.593 121.301 11.508
202206 11.099 125.017 11.699
202209 10.940 125.227 11.512
202212 9.671 125.222 10.177
202303 9.914 127.348 10.259
202306 10.100 128.729 10.339
202309 10.204 129.860 10.355
202312 8.273 129.419 8.424
202403 8.283 131.776 8.283

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.


Naseej International Trading Co  (SAU:1213) 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.


Naseej International Trading Co Cyclically Adjusted PB Ratio Related Terms

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


Naseej International Trading Co (SAU:1213) Business Description

Traded in Other Exchanges
N/A
Address
Area 1, Jeddah, SAU, 21441
Naseej International Trading Co is engaged in the import, export, wholesale, and retail trade in carpets and rugs, flooring, furniture and furnishings, antiques, office furniture, kitchens, blankets, bed sheets, curtain fabrics and accessories, and manufacturing of carpets and tuft and manufacturing of industrial yarn from polypropylene, nylon, processed polypropylene treatment and processed nylon (polyamide) and commercial services.

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