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National Takaful Co (Watania) PJSC (ADX:WATANIA) Cyclically Adjusted Book per Share : د.إ0.00 (As of Dec. 2021)


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What is National Takaful Co (Watania) PJSC 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.

National Takaful Co (Watania) PJSC's adjusted book value per share for the three months ended in Dec. 2021 was د.إ0.745. 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 د.إ0.00 for the trailing ten years ended in Dec. 2021.

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 (2024-05-23), National Takaful Co (Watania) PJSC's current stock price is د.إ0.89. National Takaful Co (Watania) PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2021 was د.إ0.00. National Takaful Co (Watania) PJSC's Cyclically Adjusted PB Ratio of today is .


National Takaful Co (Watania) PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for National Takaful Co (Watania) PJSC'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.

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National Takaful Co (Watania) PJSC Cyclically Adjusted Book per Share Chart

National Takaful Co (Watania) PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
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National Takaful Co (Watania) PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Competitive Comparison of National Takaful Co (Watania) PJSC's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, National Takaful Co (Watania) PJSC'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.


National Takaful Co (Watania) PJSC's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, National Takaful Co (Watania) PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where National Takaful Co (Watania) PJSC's Cyclically Adjusted PB Ratio falls into.



National Takaful Co (Watania) PJSC 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, National Takaful Co (Watania) PJSC's adjusted Book Value per Share data for the three months ended in Dec. 2021 was:

Adj_Book= Book Value per Share /CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=0.745/117.6295*117.6295
=0.745

Current CPI (Dec. 2021) = 117.6295.

National Takaful Co (Watania) PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201203 0.939 96.783 1.141
201206 0.916 96.819 1.113
201209 0.903 97.633 1.088
201212 0.883 96.871 1.072
201303 0.876 98.209 1.049
201306 0.836 98.518 0.998
201309 0.840 98.790 1.000
201312 0.867 98.326 1.037
201403 0.889 99.695 1.049
201406 0.880 100.560 1.029
201409 0.874 100.428 1.024
201412 0.801 99.070 0.951
201503 0.777 99.621 0.917
201506 0.708 100.684 0.827
201509 0.618 100.392 0.724
201512 0.534 99.792 0.629
201603 0.522 100.470 0.611
201606 0.515 101.688 0.596
201609 0.517 101.861 0.597
201612 0.528 101.863 0.610
201703 0.527 102.862 0.603
201706 0.537 103.349 0.611
201709 0.557 104.136 0.629
201712 0.547 104.011 0.619
201803 0.584 105.290 0.652
201806 0.612 106.317 0.677
201809 0.617 106.507 0.681
201812 0.603 105.998 0.669
201903 0.615 107.251 0.675
201906 0.635 108.070 0.691
201909 0.651 108.329 0.707
201912 0.624 108.420 0.677
202003 0.532 108.902 0.575
202006 0.583 108.767 0.631
202009 0.629 109.815 0.674
202012 0.694 109.897 0.743
202103 0.754 111.754 0.794
202106 0.705 114.631 0.723
202109 0.707 115.734 0.719
202112 0.745 117.630 0.745

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


National Takaful Co (Watania) PJSC  (ADX:WATANIA) 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.


Be Aware

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


National Takaful Co (Watania) PJSC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of National Takaful Co (Watania) PJSC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


National Takaful Co (Watania) PJSC (ADX:WATANIA) Business Description

Traded in Other Exchanges
N/A
Address
Al Muroor Road (4th Street), Al Jazira Sports Complex, P.O. Box 6457, 4th Floor, Tower A, Opposite to Dusit Thani Hotel, Abu Dhabi, ARE
National Takaful Co (Watania) PJSC is primarily engaged in providing all classes of non-family takaful solutions. The company underwrites mainly medical, property, engineering, motor, miscellaneous accident, marine and personal accident classes. The segments of the company are Medical and Non-Medical. The company operates its business in the United States of Emirates.

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