GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Northern Cement Co (AMM:NCCO) » Definitions » Cyclically Adjusted Book per Share

Northern Cement Co (AMM:NCCO) Cyclically Adjusted Book per Share : JOD44.63 (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Northern Cement 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.

Northern Cement Co's adjusted book value per share for the three months ended in Sep. 2024 was JOD1.262. 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 JOD44.63 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Northern Cement Co's average Cyclically Adjusted Book Growth Rate was 2.30% 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 (2025-03-04), Northern Cement Co's current stock price is JOD2.20. Northern Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was JOD44.63. Northern Cement Co's Cyclically Adjusted PB Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Northern Cement Co was 0.06. The lowest was 0.05. And the median was 0.05.


Northern Cement Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Northern Cement 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.

Northern Cement Co Cyclically Adjusted Book per Share Chart

Northern Cement Co 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 - - - 45.36 43.45

Northern Cement Co 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 43.61 43.45 44.24 44.49 44.63

Competitive Comparison of Northern Cement Co's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Northern Cement 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.


Northern Cement Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Northern Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Northern Cement Co's Cyclically Adjusted PB Ratio falls into.



Northern Cement 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, Northern Cement Co'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)
=1.262/133.0289*133.0289
=1.262

Current CPI (Sep. 2024) = 133.0289.

Northern Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.411 99.070 1.895
201503 1.471 99.621 1.964
201506 1.395 100.684 1.843
201509 0.181 100.392 0.240
201512 1.395 99.792 1.860
201603 1.449 100.470 1.919
201606 1.449 101.688 1.896
201609 1.320 101.861 1.724
201612 1.372 101.863 1.792
201703 1.215 102.862 1.571
201706 1.243 103.349 1.600
201709 1.286 104.136 1.643
201712 1,349.586 104.011 1,726.104
201803 1.339 105.290 1.692
201806 1.161 106.317 1.453
201809 1.156 106.507 1.444
201812 1.170 105.998 1.468
201903 1.184 107.251 1.469
201906 1.203 108.070 1.481
201909 1.238 108.329 1.520
201912 1.253 108.420 1.537
202003 1.271 108.902 1.553
202006 1.295 108.767 1.584
202009 1.279 109.815 1.549
202012 1.313 109.897 1.589
202103 1.345 111.754 1.601
202106 1.277 114.631 1.482
202109 1.309 115.734 1.505
202112 1.349 117.630 1.526
202203 1.374 121.301 1.507
202206 1.267 125.017 1.348
202209 1.298 125.227 1.379
202212 1.328 125.222 1.411
202303 1.345 127.348 1.405
202306 1.262 128.729 1.304
202309 1.286 129.860 1.317
202312 1.302 129.419 1.338
202403 1.303 131.776 1.315
202406 1.244 132.554 1.248
202409 1.262 133.029 1.262

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


Northern Cement Co  (AMM:NCCO) 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.

Northern Cement Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.20/44.63
=0.05

* 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 Northern Cement Co was 0.06. The lowest was 0.05. And the median was 0.05.


Be Aware

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


Northern Cement Co Cyclically Adjusted Book per Share Related Terms

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


Northern Cement Co Business Description

Traded in Other Exchanges
N/A
Address
3rd Circle, P.O. Box 961186, Amman, JOR, 11196
Northern Cement Co is engaged in the manufacturing of cement. The company is involved in the clinker industry and grinding, the cement industry, the implantation of other industrial projects, and the purchase of lands. Its products include Ordinary Portland Cement, Portland Pozzolana Cement, and Sulphate Resistant Cement, among others.

Northern Cement Co Headlines

No Headlines