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Al-Zarka Educational & Investment Co (AMM:ZEIC) Cyclically Adjusted Book per Share : JOD2.06 (As of Sep. 2024)


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What is Al-Zarka Educational & Investment 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.

Al-Zarka Educational & Investment Co's adjusted book value per share for the three months ended in Sep. 2024 was JOD1.595. 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 JOD2.06 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Al-Zarka Educational & Investment Co's average Cyclically Adjusted Book Growth Rate was 0.50% 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 (2025-01-19), Al-Zarka Educational & Investment Co's current stock price is JOD2.98. Al-Zarka Educational & Investment Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was JOD2.06. Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Al-Zarka Educational & Investment Co was 1.48. The lowest was 0.99. And the median was 1.20.


Al-Zarka Educational & Investment Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Al-Zarka Educational & Investment 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.

Al-Zarka Educational & Investment Co Cyclically Adjusted Book per Share Chart

Al-Zarka Educational & Investment 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 - - 1.88 2.01 2.04

Al-Zarka Educational & Investment 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 2.05 2.04 2.06 2.06 2.06

Competitive Comparison of Al-Zarka Educational & Investment Co's Cyclically Adjusted Book per Share

For the Education & Training Services subindustry, Al-Zarka Educational & Investment 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.


Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio falls into.



Al-Zarka Educational & Investment 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, Al-Zarka Educational & Investment 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)
=1.595/133.0289*133.0289
=1.595

Current CPI (Sep. 2024) = 133.0289.

Al-Zarka Educational & Investment Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.621 99.070 2.177
201503 1.680 99.621 2.243
201506 1.678 100.684 2.217
201509 1.625 100.392 2.153
201512 1.722 99.792 2.296
201603 1.760 100.470 2.330
201606 1.729 101.688 2.262
201609 1.669 101.861 2.180
201612 1.740 101.863 2.272
201703 1.770 102.862 2.289
201706 1.995 103.349 2.568
201709 1.910 104.136 2.440
201712 1.788 104.011 2.287
201803 1.819 105.290 2.298
201806 1.885 106.317 2.359
201809 1.814 106.507 2.266
201812 1.826 105.998 2.292
201903 1.841 107.251 2.283
201906 1.859 108.070 2.288
201909 1.782 108.329 2.188
201912 1.817 108.420 2.229
202003 1.845 108.902 2.254
202006 1.889 108.767 2.310
202009 1.772 109.815 2.147
202012 1.820 109.897 2.203
202103 1.795 111.754 2.137
202106 1.801 114.631 2.090
202109 1.775 115.734 2.040
202112 0.019 117.630 0.021
202203 1.747 121.301 1.916
202206 1.739 125.017 1.850
202209 1.704 125.227 1.810
202212 1.737 125.222 1.845
202303 1.695 127.348 1.771
202306 1.677 128.729 1.733
202309 1.652 129.860 1.692
202312 1.673 129.419 1.720
202403 1.652 131.776 1.668
202406 1.640 132.554 1.646
202409 1.595 133.029 1.595

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


Al-Zarka Educational & Investment Co  (AMM:ZEIC) 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.

Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.98/2.06
=1.45

* 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 Al-Zarka Educational & Investment Co was 1.48. The lowest was 0.99. And the median was 1.20.


Be Aware

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


Al-Zarka Educational & Investment Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Al-Zarka Educational & Investment Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Al-Zarka Educational & Investment Co Business Description

Traded in Other Exchanges
N/A
Address
Commercial Zone, P.O. Box 132222, Al-Zarqa, JOR, 13132
Al-Zarka Educational & Investment Co provides educational services. It is a private university located in Zarqa city. The university offers quality education that provides students with the knowledge and the essential skills need to upgrade academic achievements, achieve comprehensive and integrated development of their personalities, prepare them for the future and form their positive perspectives.

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