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Tabreed PJSC (DFM:TABREED) Cyclically Adjusted Book per Share : د.إ2.28 (As of Mar. 2024)


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What is Tabreed 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.

Tabreed PJSC's adjusted book value per share for the three months ended in Mar. 2024 was د.إ2.103. 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.إ2.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tabreed PJSC's average Cyclically Adjusted Book Growth Rate was -14.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.00% 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 Tabreed PJSC was -2.00% per year. The lowest was -2.00% per year. And the median was -2.00% per year.

As of today (2024-05-22), Tabreed PJSC's current stock price is د.إ3.16. Tabreed PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was د.إ2.28. Tabreed PJSC's Cyclically Adjusted PB Ratio of today is 1.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tabreed PJSC was 1.61. The lowest was 0.93. And the median was 1.12.


Tabreed PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tabreed 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.

Tabreed PJSC Cyclically Adjusted Book per Share Chart

Tabreed 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 - 2.37 2.41 2.63 2.23

Tabreed 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 2.67 2.54 2.40 2.23 2.28

Competitive Comparison of Tabreed PJSC's Cyclically Adjusted Book per Share

For the Utilities - Regulated Water subindustry, Tabreed 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.


Tabreed PJSC's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tabreed PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tabreed 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, Tabreed 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)
=2.103/131.7762*131.7762
=2.103

Current CPI (Mar. 2024) = 131.7762.

Tabreed PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.288 100.560 1.688
201409 1.316 100.428 1.727
201412 1.336 99.070 1.777
201503 1.663 99.621 2.200
201506 1.086 100.684 1.421
201509 1.422 100.392 1.867
201512 0.942 99.792 1.244
201603 1.417 100.470 1.859
201606 1.451 101.688 1.880
201609 1.491 101.861 1.929
201612 1.536 101.863 1.987
201703 5.515 102.862 7.065
201706 5.638 103.349 7.189
201709 1.618 104.136 2.047
201712 1.661 104.011 2.104
201803 1.520 105.290 1.902
201806 1.570 106.317 1.946
201809 1.612 106.507 1.994
201812 1.641 105.998 2.040
201903 1.606 107.251 1.973
201906 1.643 108.070 2.003
201909 1.688 108.329 2.053
201912 1.738 108.420 2.112
202003 1.653 108.902 2.000
202006 1.695 108.767 2.054
202009 1.745 109.815 2.094
202012 1.815 109.897 2.176
202103 1.813 111.754 2.138
202106 1.862 114.631 2.140
202109 1.921 115.734 2.187
202112 2.020 117.630 2.263
202203 2.047 121.301 2.224
202206 2.122 125.017 2.237
202209 2.208 125.227 2.323
202212 2.276 125.222 2.395
202303 2.172 127.348 2.248
202306 2.227 128.729 2.280
202309 2.187 129.860 2.219
202312 2.220 129.419 2.260
202403 2.103 131.776 2.103

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


Tabreed PJSC  (DFM:TABREED) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.16/2.28
=1.39

* 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 Tabreed PJSC was 1.61. The lowest was 0.93. And the median was 1.12.


Be Aware

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


Tabreed PJSC Cyclically Adjusted Book per Share Related Terms

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


Tabreed PJSC (DFM:TABREED) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O. Box 29478, Masdar City, Abu Dhabi, ARE
Tabreed PJSC is engaged in to supply of chilled water, operation, and maintenance of plants, construction of secondary networks, manufacturing of pre-insulated pipes, and design and supervision consultancy. The company has two reportable operating segments. The chilled water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems, and the Value chain business segment is involved in ancillary activities relating to the expansion of the group's chilled water business. The company generates key revenue from Chilled water.

Tabreed PJSC (DFM:TABREED) Headlines

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