GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Afaq Holding for Investment & Real Estate Development Co PLC (AMM:MANR) » Definitions » Cyclically Adjusted Book per Share

Afaq Holding for Investment & Real Estate Development Co (AMM:MANR) Cyclically Adjusted Book per Share : JOD0.80 (As of Sep. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Afaq Holding for Investment & Real Estate Development Co 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.

Afaq Holding for Investment & Real Estate Development Co's adjusted book value per share for the three months ended in Sep. 2023 was JOD0.427. 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 JOD0.80 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Afaq Holding for Investment & Real Estate Development Co's average Cyclically Adjusted Book Growth Rate was 1.30% 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 (2024-09-22), Afaq Holding for Investment & Real Estate Development Co's current stock price is JOD0.72. Afaq Holding for Investment & Real Estate Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was JOD0.80. Afaq Holding for Investment & Real Estate Development Co's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Afaq Holding for Investment & Real Estate Development Co was 1.33. The lowest was 0.61. And the median was 1.19.


Afaq Holding for Investment & Real Estate Development Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Afaq Holding for Investment & Real Estate Development Co'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.

Afaq Holding for Investment & Real Estate Development Co Cyclically Adjusted Book per Share Chart

Afaq Holding for Investment & Real Estate Development Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.83 0.80

Afaq Holding for Investment & Real Estate Development Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.79 0.80 0.80 0.80 0.80

Competitive Comparison of Afaq Holding for Investment & Real Estate Development Co's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Afaq Holding for Investment & Real Estate Development 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.


Afaq Holding for Investment & Real Estate Development Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Afaq Holding for Investment & Real Estate Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Afaq Holding for Investment & Real Estate Development Co's Cyclically Adjusted PB Ratio falls into.



Afaq Holding for Investment & Real Estate Development Co 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, Afaq Holding for Investment & Real Estate Development Co's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.427/129.8595*129.8595
=0.427

Current CPI (Sep. 2023) = 129.8595.

Afaq Holding for Investment & Real Estate Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.058 98.326 0.077
201403 0.071 99.695 0.092
201406 0.111 100.560 0.143
201409 0.132 100.428 0.171
201412 0.063 99.070 0.083
201503 0.087 99.621 0.113
201506 0.130 100.684 0.168
201509 0.162 100.392 0.210
201512 1.207 99.792 1.571
201603 0.118 100.470 0.153
201606 1.149 101.688 1.467
201609 1.179 101.861 1.503
201612 1.204 101.863 1.535
201703 1.104 102.862 1.394
201706 1.121 103.349 1.409
201709 1.121 104.136 1.398
201712 1.135 104.011 1.417
201803 1.125 105.290 1.388
201806 1.077 106.317 1.315
201809 1.069 106.507 1.303
201812 0.984 105.998 1.206
201903 0.966 107.251 1.170
201906 0.953 108.070 1.145
201909 0.910 108.329 1.091
201912 0.876 108.420 1.049
202003 0.840 108.902 1.002
202006 0.825 108.767 0.985
202009 0.666 109.815 0.788
202012 0.632 109.897 0.747
202103 0.619 111.754 0.719
202106 0.602 114.631 0.682
202109 0.591 115.734 0.663
202112 0.516 117.630 0.570
202203 0.501 121.301 0.536
202206 0.488 125.017 0.507
202209 0.483 125.227 0.501
202212 0.445 125.222 0.461
202303 0.438 127.348 0.447
202306 0.435 128.729 0.439
202309 0.427 129.860 0.427

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


Afaq Holding for Investment & Real Estate Development Co  (AMM:MANR) 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.

Afaq Holding for Investment & Real Estate Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.72/0.8
=0.90

* 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 Afaq Holding for Investment & Real Estate Development Co was 1.33. The lowest was 0.61. And the median was 1.19.


Be Aware

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


Afaq Holding for Investment & Real Estate Development Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Afaq Holding for Investment & Real Estate Development Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Afaq Holding for Investment & Real Estate Development Co Business Description

Traded in Other Exchanges
N/A
Address
King Abdullah II Street 302, 8th circle, Amman, JOR, 11623
Afaq Holding for Investment & Real Estate Development Co PLC is a Jordan based investment company. It is engaged in the management of its subsidiaries; investing its cash in shares, bonds, and securities; lending loans, guarantees, and financing to its subsidiaries; and ownership of patents, trademarks, franchise rights and other tangible rights and the exploitation and leasing to its subsidiaries.

Afaq Holding for Investment & Real Estate Development Co Headlines

No Headlines