GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Saudi Real Estate Co (SAU:4020) » Definitions » Cyclically Adjusted PB Ratio

Saudi Real Estate Co (SAU:4020) Cyclically Adjusted PB Ratio : 1.41 (As of Jun. 12, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Saudi Real Estate Co Cyclically Adjusted PB Ratio?

As of today (2024-06-12), Saudi Real Estate Co's current share price is ﷼20.06. Saudi Real Estate Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼14.20. Saudi Real Estate Co's Cyclically Adjusted PB Ratio for today is 1.41.

The historical rank and industry rank for Saudi Real Estate Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SAU:4020' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 0.96   Max: 1.69
Current: 1.36

During the past years, Saudi Real Estate Co's highest Cyclically Adjusted PB Ratio was 1.69. The lowest was 0.81. And the median was 0.96.

SAU:4020's Cyclically Adjusted PB Ratio is ranked worse than
74.13% of 1403 companies
in the Real Estate industry
Industry Median: 0.7 vs SAU:4020: 1.36

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 Real Estate Co's adjusted book value per share data for the three months ended in Mar. 2024 was ﷼12.744. 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 ﷼14.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saudi Real Estate Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Saudi Real Estate 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.

Saudi Real Estate Co Cyclically Adjusted PB Ratio Chart

Saudi Real Estate 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 - - - 0.83 1.14

Saudi Real Estate 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 0.89 0.99 0.96 1.14 1.46

Competitive Comparison of Saudi Real Estate Co's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Saudi Real Estate 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 Real Estate Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Saudi Real Estate Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Saudi Real Estate 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.

Saudi Real Estate Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.06/14.2
=1.41

* 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.

Saudi Real Estate Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Saudi Real Estate 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)
=12.744/131.7762*131.7762
=12.744

Current CPI (Mar. 2024) = 131.7762.

Saudi Real Estate Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.067 100.560 15.813
201409 12.130 100.428 15.916
201412 12.436 99.070 16.542
201503 12.367 99.621 16.359
201506 12.427 100.684 16.265
201509 12.253 100.392 16.084
201512 12.597 99.792 16.634
201603 12.279 100.470 16.105
201606 12.303 101.688 15.943
201609 12.130 101.861 15.692
201612 12.603 101.863 16.304
201703 12.707 102.862 16.279
201706 12.473 103.349 15.904
201709 12.263 104.136 15.518
201712 12.464 104.011 15.791
201803 12.572 105.290 15.735
201806 12.424 106.317 15.399
201809 12.443 106.507 15.395
201812 11.362 105.998 14.125
201903 11.444 107.251 14.061
201906 11.465 108.070 13.980
201909 11.456 108.329 13.936
201912 10.671 108.420 12.970
202003 10.545 108.902 12.760
202006 10.624 108.767 12.871
202009 10.769 109.815 12.923
202012 10.283 109.897 12.330
202103 10.248 111.754 12.084
202106 10.367 114.631 11.918
202109 10.166 115.734 11.575
202112 10.641 117.630 11.921
202203 10.533 121.301 11.443
202206 12.046 125.017 12.697
202209 12.050 125.227 12.680
202212 12.287 125.222 12.930
202303 12.309 127.348 12.737
202306 12.201 128.729 12.490
202309 12.170 129.860 12.350
202312 12.663 129.419 12.894
202403 12.744 131.776 12.744

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.


Saudi Real Estate Co  (SAU:4020) 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.


Saudi Real Estate Co Cyclically Adjusted PB Ratio Related Terms

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


Saudi Real Estate Co (SAU:4020) Business Description

Traded in Other Exchanges
N/A
Address
Main Olaya Street, Akaria Center Plaza, 5th Floor, P.O Box 3572, Riyadh, SAU, 11481
Saudi Real Estate Co is engaged in real estate development and services which include the design, construction, maintenance, and management of commercial and residential buildings. Some of the existing projects of the company are Real Estate 2, Real Estate 3, Manazel Real Estate and many more. It has four reportable segments namely the Residential sector and Commercial sectors, Service sector and Head office.

Saudi Real Estate Co (SAU:4020) Headlines

No Headlines