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Kohat Cement Co (KAR:KOHC) Cyclically Adjusted Book per Share : ₨116.31 (As of Mar. 2024)


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What is Kohat Cement Co 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.

Kohat Cement Co's adjusted book value per share for the three months ended in Mar. 2024 was ₨197.709. 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 ₨116.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kohat Cement Co's average Cyclically Adjusted Book Growth Rate was 15.50% 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 (2024-06-09), Kohat Cement Co's current stock price is ₨214.20. Kohat Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨116.31. Kohat Cement Co's Cyclically Adjusted PB Ratio of today is 1.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kohat Cement Co was 2.58. The lowest was 1.19. And the median was 1.72.


Kohat Cement Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kohat Cement Co'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.

Kohat Cement Co Cyclically Adjusted Book per Share Chart

Kohat Cement Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 92.44 104.91

Kohat Cement Co 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 100.66 104.91 107.47 110.64 116.31

Competitive Comparison of Kohat Cement Co's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Kohat Cement Co'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.


Kohat Cement Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kohat Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kohat Cement Co's Cyclically Adjusted PB Ratio falls into.



Kohat Cement Co 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, Kohat Cement Co'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)
=197.709/131.7762*131.7762
=197.709

Current CPI (Mar. 2024) = 131.7762.

Kohat Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.753 100.560 56.025
201409 46.466 100.428 60.970
201412 48.508 99.070 64.522
201503 52.156 99.621 68.991
201506 53.755 100.684 70.355
201509 58.496 100.392 76.783
201512 60.918 99.792 80.442
201603 63.172 100.470 82.856
201606 68.555 101.688 88.839
201609 73.494 101.861 95.078
201612 75.613 101.863 97.818
201703 74.096 102.862 94.924
201706 76.203 103.349 97.163
201709 80.698 104.136 102.118
201712 82.848 104.011 104.964
201803 86.094 105.290 107.752
201806 89.498 106.317 110.930
201809 92.130 106.507 113.989
201812 93.253 105.998 115.932
201903 96.461 107.251 118.519
201906 97.942 108.070 119.427
201909 98.380 108.329 119.673
201912 95.929 108.420 116.594
202003 94.031 108.902 113.782
202006 93.232 108.767 112.955
202009 95.758 109.815 114.908
202012 100.559 109.897 120.579
202103 105.833 111.754 124.794
202106 110.641 114.631 127.189
202109 117.601 115.734 133.902
202112 125.496 117.630 140.589
202203 133.684 121.301 145.229
202206 135.647 125.017 142.981
202209 144.534 125.227 152.094
202212 154.265 125.222 162.340
202303 162.341 127.348 167.986
202306 162.351 128.729 166.194
202309 171.392 129.860 173.922
202312 187.057 129.419 190.463
202403 197.709 131.776 197.709

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


Kohat Cement Co  (KAR:KOHC) 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.

Kohat Cement Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=214.20/116.31
=1.84

* 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 Kohat Cement Co was 2.58. The lowest was 1.19. And the median was 1.72.


Be Aware

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


Kohat Cement Co Cyclically Adjusted Book per Share Related Terms

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


Kohat Cement Co (KAR:KOHC) Business Description

Traded in Other Exchanges
N/A
Address
37-P, Gulberg - II, Lahore, PB, PAK
Kohat Cement Co Ltd is a cement manufacturing company in Pakistan. It primarily offers white and grey cement under Kohat cement and Kohat super white brand name respectively. Its products comprise of Grey Cement and White Cement. The business activity of the organization is operated through the geographical area of Pakistan and Afghanistan and most of the income is derived from the region of Pakistan.

Kohat Cement Co (KAR:KOHC) Headlines

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