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Bahrain Flour Mills Co (BAH:BFM) Cyclically Adjusted Book per Share : BHD1.00 (As of Mar. 2024)


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What is Bahrain Flour Mills 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.

Bahrain Flour Mills Co's adjusted book value per share for the three months ended in Mar. 2024 was BHD1.089. 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 BHD1.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bahrain Flour Mills Co's average Cyclically Adjusted Book Growth Rate was 4.20% 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 (2024-06-19), Bahrain Flour Mills Co's current stock price is BHD0.34. Bahrain Flour Mills Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BHD1.00. Bahrain Flour Mills Co's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bahrain Flour Mills Co was 0.41. The lowest was 0.34. And the median was 0.37.


Bahrain Flour Mills Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bahrain Flour Mills 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.

Bahrain Flour Mills Co Cyclically Adjusted Book per Share Chart

Bahrain Flour Mills 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 - - 0.87 0.94 0.98

Bahrain Flour Mills 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 0.96 0.97 0.98 0.98 1.00

Competitive Comparison of Bahrain Flour Mills Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Bahrain Flour Mills 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.


Bahrain Flour Mills Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bahrain Flour Mills Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bahrain Flour Mills Co's Cyclically Adjusted PB Ratio falls into.



Bahrain Flour Mills 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, Bahrain Flour Mills 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)
=1.089/131.7762*131.7762
=1.089

Current CPI (Mar. 2024) = 131.7762.

Bahrain Flour Mills Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.768 100.560 1.006
201409 0.770 100.428 1.010
201412 0.755 99.070 1.004
201503 0.755 99.621 0.999
201506 0.759 100.684 0.993
201509 0.739 100.392 0.970
201512 0.746 99.792 0.985
201603 0.724 100.470 0.950
201606 0.735 101.688 0.952
201609 0.728 101.861 0.942
201612 0.745 101.863 0.964
201703 0.734 102.862 0.940
201706 0.739 103.349 0.942
201709 0.748 104.136 0.947
201712 0.737 104.011 0.934
201803 0.749 105.290 0.937
201806 0.766 106.317 0.949
201809 0.771 106.507 0.954
201812 0.765 105.998 0.951
201903 0.775 107.251 0.952
201906 0.793 108.070 0.967
201909 0.792 108.329 0.963
201912 0.808 108.420 0.982
202003 0.000 108.902 0.000
202006 0.768 108.767 0.930
202009 0.814 109.815 0.977
202012 0.841 109.897 1.008
202103 0.870 111.754 1.026
202106 0.924 114.631 1.062
202109 0.964 115.734 1.098
202112 0.984 117.630 1.102
202203 1.075 121.301 1.168
202206 1.014 125.017 1.069
202209 1.021 125.227 1.074
202212 1.016 125.222 1.069
202303 1.011 127.348 1.046
202306 1.052 128.729 1.077
202309 1.055 129.860 1.071
202312 1.091 129.419 1.111
202403 1.089 131.776 1.089

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


Bahrain Flour Mills Co  (BAH:BFM) 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.

Bahrain Flour Mills Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.34/1
=0.34

* 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 Bahrain Flour Mills Co was 0.41. The lowest was 0.34. And the median was 0.37.


Be Aware

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


Bahrain Flour Mills Co Cyclically Adjusted Book per Share Related Terms

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


Bahrain Flour Mills Co (BAH:BFM) Business Description

Traded in Other Exchanges
N/A
Address
Building No. 1773, Road No. 4236, Block No. 342, P.O. Box 26787, Mina Salman, Manama, BHR
Bahrain Flour Mills Co is engaged in wheat grinding and flour marketing. The principal activities of the company include the import of wheat and the production of wheat flour and related products. It offers the product such as all-purpose flour, pizza flour, and dumpling mix with yeast, hab harees, jereesh, semolina, wheat bran and wheat germ. The company markets and sells its products to auto bakeries, hotels, restaurants, super- and hypermarkets.

Bahrain Flour Mills Co (BAH:BFM) Headlines

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