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RAK Ceramics (Bangladesh) (DHA:RAKCERAMIC) Cyclically Adjusted Book per Share : BDT18.96 (As of Sep. 2024)


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What is RAK Ceramics (Bangladesh) 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.

RAK Ceramics (Bangladesh)'s adjusted book value per share for the three months ended in Sep. 2024 was BDT17.031. 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 BDT18.96 for the trailing ten years ended in Sep. 2024.

During the past 12 months, RAK Ceramics (Bangladesh)'s average Cyclically Adjusted Book Growth Rate was 2.20% 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 (2025-01-18), RAK Ceramics (Bangladesh)'s current stock price is BDT21.80. RAK Ceramics (Bangladesh)'s Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was BDT18.96. RAK Ceramics (Bangladesh)'s Cyclically Adjusted PB Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of RAK Ceramics (Bangladesh) was 3.05. The lowest was 1.14. And the median was 2.33.


RAK Ceramics (Bangladesh) Cyclically Adjusted Book per Share Historical Data

The historical data trend for RAK Ceramics (Bangladesh)'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.

RAK Ceramics (Bangladesh) Cyclically Adjusted Book per Share Chart

RAK Ceramics (Bangladesh) 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 - - - 17.93 18.50

RAK Ceramics (Bangladesh) Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 18.55 18.50 18.80 18.91 18.96

Competitive Comparison of RAK Ceramics (Bangladesh)'s Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, RAK Ceramics (Bangladesh)'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.


RAK Ceramics (Bangladesh)'s Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, RAK Ceramics (Bangladesh)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where RAK Ceramics (Bangladesh)'s Cyclically Adjusted PB Ratio falls into.



RAK Ceramics (Bangladesh) 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, RAK Ceramics (Bangladesh)'s adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=17.031/133.0289*133.0289
=17.031

Current CPI (Sep. 2024) = 133.0289.

RAK Ceramics (Bangladesh) Quarterly Data

Book Value per Share CPI Adj_Book
201412 13.831 99.070 18.572
201503 14.376 99.621 19.197
201506 12.849 100.684 16.977
201509 13.266 100.392 17.579
201512 14.110 99.792 18.809
201603 14.661 100.470 19.412
201606 13.085 101.688 17.118
201609 13.549 101.861 17.695
201612 14.281 101.863 18.650
201703 13.174 102.862 17.038
201706 13.850 103.349 17.827
201709 14.475 104.136 18.491
201712 15.085 104.011 19.294
201803 17.214 105.290 21.749
201806 15.162 106.317 18.971
201809 15.661 106.507 19.561
201812 16.340 105.998 20.507
201903 18.416 107.251 22.842
201906 16.198 108.070 19.939
201909 16.646 108.329 20.441
201912 17.185 108.420 21.086
202003 17.539 108.902 21.425
202006 15.599 108.767 19.079
202009 15.893 109.815 19.253
202012 16.411 109.897 19.865
202103 15.913 111.754 18.942
202106 16.429 114.631 19.066
202109 16.885 115.734 19.408
202112 17.526 117.630 19.820
202203 16.844 121.301 18.473
202206 17.282 125.017 18.390
202209 17.569 125.227 18.664
202212 17.845 125.222 18.958
202303 17.211 127.348 17.979
202306 17.512 128.729 18.097
202309 17.800 129.860 18.234
202312 18.290 129.419 18.800
202403 17.398 131.776 17.563
202406 17.376 132.554 17.438
202409 17.031 133.029 17.031

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


RAK Ceramics (Bangladesh)  (DHA:RAKCERAMIC) 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.

RAK Ceramics (Bangladesh)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.80/18.96
=1.15

* 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 RAK Ceramics (Bangladesh) was 3.05. The lowest was 1.14. And the median was 2.33.


Be Aware

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


RAK Ceramics (Bangladesh) Cyclically Adjusted Book per Share Related Terms

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


RAK Ceramics (Bangladesh) Business Description

Traded in Other Exchanges
N/A
Address
Plot 1/A Jasimuddin Avenue, RAK Tower, 7th, 8th & 9th Floors, Sector-3, Uttara Model Town, Dhaka, BGD, 1230
RAK Ceramics (Bangladesh) Ltd is a tile and sanitary ware brand in Bangladesh. The core business of RAK Ceramics is to manufacture and sell ceramics and gres porcellanato (porcelain/ fully vitrified) tiles, bathroom sets and all types of sanitary ware. The operating segments of the group are Ceramic and sanitary ware, Power and Security and services, Substantial revenue for the group is derived from the Ceramics and sanitary ware segment.

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