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Banader Hotels Co BSC (BAH:BANADER) Cyclically Adjusted Book per Share : BHD0.03 (As of Sep. 2023)


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What is Banader Hotels Co BSC 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.

Banader Hotels Co BSC's adjusted book value per share for the three months ended in Sep. 2023 was BHD0.039. 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 BHD0.03 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Banader Hotels Co BSC's average Cyclically Adjusted Book Growth Rate was -40.00% 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 (2024-09-21), Banader Hotels Co BSC's current stock price is BHD0.123. Banader Hotels Co BSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was BHD0.03. Banader Hotels Co BSC's Cyclically Adjusted PB Ratio of today is 4.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banader Hotels Co BSC was 4.10. The lowest was 2.33. And the median was 3.26.


Banader Hotels Co BSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Banader Hotels Co BSC'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.

Banader Hotels Co BSC Cyclically Adjusted Book per Share Chart

Banader Hotels Co BSC 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 - - - 0.07 0.05

Banader Hotels Co BSC 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 0.05 0.05 0.04 0.03 0.03

Competitive Comparison of Banader Hotels Co BSC's Cyclically Adjusted Book per Share

For the Lodging subindustry, Banader Hotels Co BSC'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.


Banader Hotels Co BSC's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Banader Hotels Co BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Banader Hotels Co BSC's Cyclically Adjusted PB Ratio falls into.



Banader Hotels Co BSC 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, Banader Hotels Co BSC'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)
=0.039/129.8595*129.8595
=0.039

Current CPI (Sep. 2023) = 129.8595.

Banader Hotels Co BSC Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.051 98.326 0.067
201403 0.050 99.695 0.065
201406 0.101 100.560 0.130
201409 0.101 100.428 0.131
201412 0.100 99.070 0.131
201503 0.100 99.621 0.130
201506 0.099 100.684 0.128
201509 0.097 100.392 0.125
201512 0.089 99.792 0.116
201603 0.085 100.470 0.110
201606 0.074 101.688 0.095
201609 0.069 101.861 0.088
201612 0.063 101.863 0.080
201703 0.058 102.862 0.073
201706 0.055 103.349 0.069
201709 0.051 104.136 0.064
201712 0.047 104.011 0.059
201803 0.043 105.290 0.053
201806 0.039 106.317 0.048
201809 0.034 106.507 0.041
201812 0.031 105.998 0.038
201903 0.027 107.251 0.033
201906 0.024 108.070 0.029
201909 0.020 108.329 0.024
201912 0.016 108.420 0.019
202003 0.000 108.902 0.000
202006 0.055 108.767 0.066
202009 0.037 109.815 0.044
202012 0.017 109.897 0.020
202103 -0.003 111.754 -0.003
202106 -0.025 114.631 -0.028
202109 -0.044 115.734 -0.049
202112 -0.059 117.630 -0.065
202203 -0.073 121.301 -0.078
202206 -0.090 125.017 -0.093
202209 -0.108 125.227 -0.112
202212 -0.124 125.222 -0.129
202303 -0.138 127.348 -0.141
202306 -0.157 128.729 -0.158
202309 0.039 129.860 0.039

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


Banader Hotels Co BSC  (BAH:BANADER) 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.

Banader Hotels Co BSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.123/0.03
=4.10

* 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 Banader Hotels Co BSC was 4.10. The lowest was 2.33. And the median was 3.26.


Be Aware

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


Banader Hotels Co BSC Cyclically Adjusted Book per Share Related Terms

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


Banader Hotels Co BSC Business Description

Traded in Other Exchanges
N/A
Address
Road 2813, Block 428, Flat 52, Building 1006, P.O. Box 2474, Manama, BHR
Banader Hotels Co BSC is involved in building and investing in hotels. The company provides Rooms, and Food and Beverages. Banader Hotels caters its services to only Bahrain market.

Banader Hotels Co BSC Headlines

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