Etihad Energy Holding PJSC (DFM:ETIHADENERGY) Cyclically Adjusted Book per Share: د.إ1.32 (As of Jun. 2026)

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DFM:ETIHADENERGY Etihad Energy Holding PJSC DFM:ETIHADENERGY
57 GF Score
Price د.إ3.06
GF Value د.إ4.04
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Etihad Energy Holding PJSC Cyclically Adjusted Book per Share?

Etihad Energy Holding PJSC DFM:ETIHADENERGY 57 Cyclically Adjusted Book per Share is د.إ1.32 as of Jun. 2026. GuruFocus rates DFM:ETIHADENERGY with a GF Score™ of 57/100 and a GF Value™ of د.إ4.04 (Modestly Undervalued). The stock has 9 warning signs investors should review.

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.

Etihad Energy Holding PJSC's adjusted book value per share for the three months ended in Jun. 2026 was د.إ0.410. 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.إ1.32 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Etihad Energy Holding PJSC's average Cyclically Adjusted Book Growth Rate was -3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -12.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Etihad Energy Holding PJSC was -8.20% per year. The lowest was -70.50% per year. And the median was -14.50% per year.

As of today (2026-08-13), Etihad Energy Holding PJSC's current stock price is د.إ3.06. Etihad Energy Holding PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was د.إ1.32. Etihad Energy Holding PJSC's Cyclically Adjusted PB Ratio of today is 2.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Etihad Energy Holding PJSC was 7.24. The lowest was 0.02. And the median was 0.53.


Etihad Energy Holding PJSC  (DFM:ETIHADENERGY) 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.

Etihad Energy Holding PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.06/1.32
=2.32

* 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 Etihad Energy Holding PJSC was 7.24. The lowest was 0.02. And the median was 0.53.


Be Aware

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


Etihad Energy Holding PJSC Cyclically Adjusted Book per Share Related Terms


Etihad Energy Holding PJSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Etihad Energy Holding 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.

Etihad Energy Holding PJSC Cyclically Adjusted Book per Share Chart

Etihad Energy Holding PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 1.72 1.49 1.38 1.33

Etihad Energy Holding PJSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.36 1.36 1.33 1.33 1.32

Etihad Energy Holding PJSC Cyclically Adjusted Book per Share Competitor Comparison

For the Marine Shipping subindustry, Etihad Energy Holding 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.


Etihad Energy Holding PJSC Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Etihad Energy Holding PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Etihad Energy Holding PJSC's Cyclically Adjusted PB Ratio falls into.


DFM:ETIHADENERGY
57GF Score
Etihad Energy Holding PJSC DFM:ETIHADENERGY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Etihad Energy Holding 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, Etihad Energy Holding PJSC's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.41/333.9520*333.9520
=0.410

Current CPI (Jun. 2026) = 333.9520.

Etihad Energy Holding PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.564 241.428 2.163
201612 1.583 241.432 2.190
201703 1.626 243.801 2.227
201706 1.661 244.955 2.264
201709 1.703 246.819 2.304
201712 1.735 246.524 2.350
201803 1.873 249.554 2.506
201806 1.830 251.989 2.425
201809 1.824 252.439 2.413
201812 1.994 251.233 2.651
201903 1.776 254.202 2.333
201906 1.743 256.143 2.272
201909 1.707 256.759 2.220
201912 1.160 256.974 1.507
202003 1.125 258.115 1.456
202006 1.059 257.797 1.372
202009 1.037 260.280 1.331
202012 0.602 260.474 0.772
202103 0.770 264.877 0.971
202106 0.770 271.696 0.946
202109 0.772 274.310 0.940
202112 0.716 278.802 0.858
202203 0.724 287.504 0.841
202206 0.716 296.311 0.807
202209 0.678 296.808 0.763
202212 0.658 296.797 0.740
202303 0.712 301.836 0.788
202306 0.768 305.109 0.841
202309 0.852 307.789 0.924
202312 0.723 306.746 0.787
202403 0.671 312.332 0.717
202406 0.582 314.175 0.619
202409 0.527 315.301 0.558
202412 0.295 315.605 0.312
202503 0.454 319.799 0.474
202506 0.458 322.561 0.474
202509 1.134 324.800 1.166
202512 0.499 324.054 0.514
202603 0.390 330.213 0.394
202606 0.410 333.952 0.410

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

What does a Cyclically Adjusted Book per Share of د.إ1.32 mean?
Etihad Energy Holding PJSC (DFM:ETIHADENERGY) has a Cyclically Adjusted Book per Share of د.إ1.32 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Etihad Energy Holding PJSC and its competitors.
Is Etihad Energy Holding PJSC's Cyclically Adjusted Book per Share too high?
Etihad Energy Holding PJSC's current Cyclically Adjusted Book per Share is د.إ1.32. Overall, Etihad Energy Holding PJSC has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Etihad Energy Holding PJSC's Cyclically Adjusted Book per Share compare to competitors?
Etihad Energy Holding PJSC's Cyclically Adjusted Book per Share of د.إ1.32 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Etihad Energy Holding PJSC and its competitors. Etihad Energy Holding PJSC's current Cyclically Adjusted Book per Share is د.إ1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etihad Energy Holding PJSC stock overvalued right now?
Based on GuruFocus' analysis, Etihad Energy Holding PJSC (DFM:ETIHADENERGY) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ4.04, compared to a current price of د.إ3.06 — trading 24.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is د.إ1.32. Etihad Energy Holding PJSC's overall GF Score™ is 57/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Etihad Energy Holding PJSC (DFM:ETIHADENERGY), the current Cyclically Adjusted Book per Share is د.إ1.32 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Etihad Energy Holding PJSC (DFM:ETIHADENERGY) Overvalued in 2026?

Based on GuruFocus' analysis, Etihad Energy Holding PJSC stock appears to be undervalued. The current stock price of د.إ3.06 is trading 24.3% below its estimated GF Value™ of د.إ4.04. GuruFocus considers Etihad Energy Holding PJSC to be Modestly Undervalued.

Key valuation signals for DFM:ETIHADENERGY:

  • Cyclically Adjusted Book per Share: د.إ1.32
  • GF Value™: د.إ4.04 vs. price of د.إ3.06 (24.3% below fair value)
  • GF Score™: 57/100 with 9 warning signs

No single metric tells the full story. See the DFM:ETIHADENERGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Etihad Energy Holding PJSC Business Description

Address 39th Floor, API Trio Tower, Al Barsha 1 PO Box: 49651, Dubai, ARE
Gulf Navigation Holding PJSC is engaged in sea transport of oil and petroleum products and similar commodities, ship charter, shipping lines of freight and passenger transportation, sea freight and passenger charters, shipping services, sea shipping lines agents, clearing and forwarding services, cargo loading and unloading services, cargo packaging, sea cargo services, ship management operations and provision of storage and other ancillary processes of crude and clean oil. The company has two reportable segments: oil storage and related services and vessel chartering, shipping and technical services. It derives the majority of its revenue from oil storage and related services segment in the United Arab Emirates.
57GF Score

Get the complete analysis for DFM:ETIHADENERGY

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ3.06
Price
د.إ4.04
GF Value