GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Al-Zarka Educational & Investment Co (AMM:ZEIC) » Definitions » Cyclically Adjusted Book per Share

Al-Zarka Educational & Investment Co (AMM:ZEIC) Cyclically Adjusted Book per Share : JOD2.16 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

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 Mar. 2024 was JOD1.734. 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 JOD2.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Al-Zarka Educational & Investment Co's average Cyclically Adjusted Book Growth Rate was 1.40% 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 (2024-06-16), Al-Zarka Educational & Investment Co's current stock price is JOD2.68. Al-Zarka Educational & Investment Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was JOD2.16. Al-Zarka Educational & Investment Co's Cyclically Adjusted PB Ratio of today is 1.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Al-Zarka Educational & Investment Co was 1.46. The lowest was 0.99. And the median was 1.14.


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 - - 1.97 2.11 2.14

Al-Zarka Educational & Investment Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.13 2.15 2.15 2.14 2.16

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 Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.734/131.7762*131.7762
=1.734

Current CPI (Mar. 2024) = 131.7762.

Al-Zarka Educational & Investment Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.661 100.560 2.177
201409 1.600 100.428 2.099
201412 1.702 99.070 2.264
201503 1.764 99.621 2.333
201506 1.762 100.684 2.306
201509 1.706 100.392 2.239
201512 1.808 99.792 2.387
201603 1.848 100.470 2.424
201606 1.816 101.688 2.353
201609 1.753 101.861 2.268
201612 1.827 101.863 2.364
201703 1.858 102.862 2.380
201706 2.095 103.349 2.671
201709 2.005 104.136 2.537
201712 1.877 104.011 2.378
201803 1.909 105.290 2.389
201806 1.980 106.317 2.454
201809 1.904 106.507 2.356
201812 1.917 105.998 2.383
201903 1.933 107.251 2.375
201906 1.952 108.070 2.380
201909 1.872 108.329 2.277
201912 1.908 108.420 2.319
202003 1.937 108.902 2.344
202006 1.983 108.767 2.402
202009 1.860 109.815 2.232
202012 1.911 109.897 2.291
202103 1.885 111.754 2.223
202106 1.891 114.631 2.174
202109 1.864 115.734 2.122
202112 0.020 117.630 0.022
202203 1.835 121.301 1.993
202206 1.826 125.017 1.925
202209 1.789 125.227 1.883
202212 1.823 125.222 1.918
202303 1.780 127.348 1.842
202306 1.761 128.729 1.803
202309 1.734 129.860 1.760
202312 1.757 129.419 1.789
202403 1.734 131.776 1.734

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
=2.68/2.16
=1.24

* 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 1.46. The lowest was 0.99. And the median was 1.14.


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 (AMM:ZEIC) 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.

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

No Headlines