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Deyaar Development PJSC (DFM:DEYAAR) Cyclically Adjusted Book per Share : د.إ1.26 (As of Mar. 2024)


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What is Deyaar Development PJSC 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.

Deyaar Development PJSC's adjusted book value per share for the three months ended in Mar. 2024 was د.إ1.145. 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 د.إ1.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Deyaar Development PJSC's average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Deyaar Development PJSC was 4.40% per year. The lowest was -91.00% per year. And the median was 1.00% per year.

As of today (2024-06-20), Deyaar Development PJSC's current stock price is د.إ0.695. Deyaar Development PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was د.إ1.26. Deyaar Development PJSC's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Deyaar Development PJSC was 0.66. The lowest was 0.01. And the median was 0.41.


Deyaar Development PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Deyaar Development PJSC'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.

Deyaar Development PJSC Cyclically Adjusted Book per Share Chart

Deyaar Development PJSC 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 1.13 1.09 1.15 1.21 1.24

Deyaar Development PJSC 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 1.23 1.24 1.24 1.24 1.26

Competitive Comparison of Deyaar Development PJSC's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Deyaar Development PJSC'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.


Deyaar Development PJSC's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deyaar Development PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Deyaar Development PJSC's Cyclically Adjusted PB Ratio falls into.



Deyaar Development PJSC 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, Deyaar Development PJSC'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)
=1.145/131.7762*131.7762
=1.145

Current CPI (Mar. 2024) = 131.7762.

Deyaar Development PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.962 100.560 1.261
201409 0.980 100.428 1.286
201412 0.999 99.070 1.329
201503 1.012 99.621 1.339
201506 1.031 100.684 1.349
201509 1.042 100.392 1.368
201512 1.066 99.792 1.408
201603 1.077 100.470 1.413
201606 1.090 101.688 1.413
201609 1.103 101.861 1.427
201612 1.114 101.863 1.441
201703 1.121 102.862 1.436
201706 1.128 103.349 1.438
201709 1.136 104.136 1.438
201712 1.142 104.011 1.447
201803 1.001 105.290 1.253
201806 1.006 106.317 1.247
201809 1.014 106.507 1.255
201812 1.023 105.998 1.272
201903 1.026 107.251 1.261
201906 1.030 108.070 1.256
201909 1.034 108.329 1.258
201912 1.037 108.420 1.260
202003 1.036 108.902 1.254
202006 1.037 108.767 1.256
202009 1.038 109.815 1.246
202012 0.985 109.897 1.181
202103 0.989 111.754 1.166
202106 0.990 114.631 1.138
202109 0.992 115.734 1.130
202112 0.997 117.630 1.117
202203 1.002 121.301 1.089
202206 1.012 125.017 1.067
202209 1.020 125.227 1.073
202212 1.029 125.222 1.083
202303 1.042 127.348 1.078
202306 1.056 128.729 1.081
202309 1.083 129.860 1.099
202312 1.129 129.419 1.150
202403 1.145 131.776 1.145

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


Deyaar Development PJSC  (DFM:DEYAAR) 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.

Deyaar Development PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.695/1.26
=0.55

* 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 Deyaar Development PJSC was 0.66. The lowest was 0.01. And the median was 0.41.


Be Aware

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


Deyaar Development PJSC Cyclically Adjusted Book per Share Related Terms

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


Deyaar Development PJSC (DFM:DEYAAR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Deyaar Building, Level 5, P.O. Box 30833, Besides Mall of the Emirates, Al Barsha, Dubai, ARE
Deyaar Development PJSC is a real estate development company in Dubai. It has projects in Business Bay, Dubai Marina, Al Barsha, Jumeirah Lake Towers, Dubai Production City, and Dubai Silicon Oasis among other locations. The company's projects include residential tower developments, commercial tower developments, and hospitality developments. The company's business operations are divided into three segments: Property Development, and Properties and facilities Management and Hospitality related activities. The Property Development segment develops residential, commercial, and retail space for sale and lease. The Property Development segment is responsible for generating the majority of the company's revenue.

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