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Future Arab Investment (AMM:FUTR) Cyclically Adjusted Book per Share : JOD1.06 (As of Sep. 2024)


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What is Future Arab Investment 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.

Future Arab Investment's adjusted book value per share for the three months ended in Sep. 2024 was JOD0.978. 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 JOD1.06 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Future Arab Investment's average Cyclically Adjusted Book Growth Rate was 2.90% 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 (2024-12-13), Future Arab Investment's current stock price is JOD0.65. Future Arab Investment's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was JOD1.06. Future Arab Investment's Cyclically Adjusted PB Ratio of today is 0.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Future Arab Investment was 0.56. The lowest was 0.21. And the median was 0.31.


Future Arab Investment Cyclically Adjusted Book per Share Historical Data

The historical data trend for Future Arab Investment'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.

Future Arab Investment Cyclically Adjusted Book per Share Chart

Future Arab Investment 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 - - 1.04 1.01 1.03

Future Arab Investment Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.03 1.03 1.05 1.06 1.06

Competitive Comparison of Future Arab Investment's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Future Arab Investment'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.


Future Arab Investment's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Future Arab Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Future Arab Investment's Cyclically Adjusted PB Ratio falls into.



Future Arab Investment 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, Future Arab Investment's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.978/133.0289*133.0289
=0.978

Current CPI (Sep. 2024) = 133.0289.

Future Arab Investment Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.727 99.070 0.976
201503 0.730 99.621 0.975
201506 0.735 100.684 0.971
201509 0.734 100.392 0.973
201512 0.721 99.792 0.961
201603 0.716 100.470 0.948
201606 0.971 101.688 1.270
201609 0.977 101.861 1.276
201612 0.962 101.863 1.256
201703 1.081 102.862 1.398
201706 1.089 103.349 1.402
201709 1.086 104.136 1.387
201712 1.015 104.011 1.298
201803 1.034 105.290 1.306
201806 0.983 106.317 1.230
201809 1.012 106.507 1.264
201812 0.929 105.998 1.166
201903 0.936 107.251 1.161
201906 0.932 108.070 1.147
201909 0.918 108.329 1.127
201912 0.878 108.420 1.077
202003 0.849 108.902 1.037
202006 0.837 108.767 1.024
202009 0.833 109.815 1.009
202012 0.803 109.897 0.972
202103 0.807 111.754 0.961
202106 0.815 114.631 0.946
202109 0.793 115.734 0.912
202112 0.780 117.630 0.882
202203 0.790 121.301 0.866
202206 0.806 125.017 0.858
202209 0.812 125.227 0.863
202212 0.804 125.222 0.854
202303 0.808 127.348 0.844
202306 0.806 128.729 0.833
202309 1.005 129.860 1.030
202312 0.974 129.419 1.001
202403 0.978 131.776 0.987
202406 0.988 132.554 0.992
202409 0.978 133.029 0.978

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


Future Arab Investment  (AMM:FUTR) 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.

Future Arab Investment's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.65/1.06
=0.61

* 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 Future Arab Investment was 0.56. The lowest was 0.21. And the median was 0.31.


Be Aware

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


Future Arab Investment Cyclically Adjusted Book per Share Related Terms

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


Future Arab Investment Business Description

Traded in Other Exchanges
N/A
Address
128 Sharif Naser Street, Sport City Circle, P.O. Box 20082, Quqa Group Building, Al-Shimaisani, Amman, JOR, 11118
Future Arab Investment is a Jordan-based company engaged in the provision of investment project surveys. It is involved in the establishment, development, sale, rental, and management of movable and immovable properties; contribution to other companies; business development; and project management. The revenue is earned from the sale of vehicles, machines, and raw materials; rendering of services; and dividend and interest income.

Future Arab Investment Headlines

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