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Gulf Navigation Holding PJSC (DFM:GULFNAV) Cyclically Adjusted Book per Share : د.إ1.50 (As of Mar. 2024)


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What is Gulf Navigation Holding 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.

Gulf Navigation Holding PJSC's adjusted book value per share for the three months ended in Mar. 2024 was د.إ0.671. 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.إ1.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gulf Navigation Holding PJSC's average Cyclically Adjusted Book Growth Rate was -8.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -15.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -15.10% 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 Gulf Navigation Holding PJSC was -13.70% per year. The lowest was -34.90% per year. And the median was -16.00% per year.

As of today (2024-05-21), Gulf Navigation Holding PJSC's current stock price is د.إ7.39. Gulf Navigation Holding PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was د.إ1.50. Gulf Navigation Holding PJSC's Cyclically Adjusted PB Ratio of today is 4.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gulf Navigation Holding PJSC was 4.94. The lowest was 0.21. And the median was 0.44.


Gulf Navigation Holding PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gulf Navigation 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.

* Premium members only.

Gulf Navigation Holding PJSC Cyclically Adjusted Book per Share Chart

Gulf Navigation Holding 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 2.98 2.45 2.10 1.72 1.49

Gulf Navigation Holding 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 1.63 1.54 1.51 1.49 1.50

Competitive Comparison of Gulf Navigation Holding PJSC's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Gulf Navigation 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.


Gulf Navigation Holding PJSC's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Gulf Navigation 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, Gulf Navigation Holding 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)
=0.671/131.7762*131.7762
=0.671

Current CPI (Mar. 2024) = 131.7762.

Gulf Navigation Holding PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.020 100.560 3.957
201409 1.018 100.428 1.336
201412 1.029 99.070 1.369
201503 1.046 99.621 1.384
201506 1.064 100.684 1.393
201509 1.084 100.392 1.423
201512 1.100 99.792 1.453
201603 1.123 100.470 1.473
201606 1.151 101.688 1.492
201609 1.564 101.861 2.023
201612 1.583 101.863 2.048
201703 1.626 102.862 2.083
201706 1.661 103.349 2.118
201709 1.703 104.136 2.155
201712 1.735 104.011 2.198
201803 1.873 105.290 2.344
201806 1.830 106.317 2.268
201809 1.824 106.507 2.257
201812 1.994 105.998 2.479
201903 1.776 107.251 2.182
201906 1.743 108.070 2.125
201909 1.707 108.329 2.076
201912 1.160 108.420 1.410
202003 1.125 108.902 1.361
202006 1.059 108.767 1.283
202009 1.037 109.815 1.244
202012 0.602 109.897 0.722
202103 0.770 111.754 0.908
202106 0.770 114.631 0.885
202109 0.772 115.734 0.879
202112 0.716 117.630 0.802
202203 0.724 121.301 0.787
202206 0.716 125.017 0.755
202209 0.678 125.227 0.713
202212 0.658 125.222 0.692
202303 0.712 127.348 0.737
202306 0.768 128.729 0.786
202309 0.852 129.860 0.865
202312 0.723 129.419 0.736
202403 0.671 131.776 0.671

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


Gulf Navigation Holding PJSC  (DFM:GULFNAV) 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.

Gulf Navigation Holding PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.39/1.5
=4.93

* 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 Gulf Navigation Holding PJSC was 4.94. The lowest was 0.21. And the median was 0.44.


Be Aware

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


Gulf Navigation Holding PJSC Cyclically Adjusted Book per Share Related Terms

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


Gulf Navigation Holding PJSC (DFM:GULFNAV) Business Description

Traded in Other Exchanges
N/A
Address
Al Barsha 1, P.O. Box: 49651, 39th Floor, API Trio Tower, Dubai, ARE
Gulf Navigation Holding PJSC is engaged in sea transport of oil and petroleum products and similar commodities, ship charter, and others. Its business segments include Vessel owning and chartering Ship management and technical management of vessels Marine products sales, and distribution that includes trading of goods such as supplies, chemicals, and gases required for ships, Shipping and technical service including providing agency services to ships calling at ports, and providing workshop services for boats, and Others that includes management of all divisions and administrative activities. The majority of the revenue is generated from the Vessel owning and chartering segment.

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