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Arabi Holding Group (KUW:AGHC) Cyclically Adjusted Book per Share : KWD0.12 (As of Mar. 2024)


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What is Arabi Holding Group 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.

Arabi Holding Group's adjusted book value per share for the three months ended in Mar. 2024 was KWD0.114. 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 KWD0.12 for the trailing ten years ended in Mar. 2024.

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), Arabi Holding Group's current stock price is KWD0.415. Arabi Holding Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.12. Arabi Holding Group's Cyclically Adjusted PB Ratio of today is 3.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arabi Holding Group was 4.90. The lowest was 3.46. And the median was 4.28.


Arabi Holding Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Arabi Holding Group'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.

Arabi Holding Group Cyclically Adjusted Book per Share Chart

Arabi Holding Group Annual Data
Trend Dec13 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 - - - - 0.12

Arabi Holding Group 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 - - - 0.12 0.12

Competitive Comparison of Arabi Holding Group's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Arabi Holding Group'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.


Arabi Holding Group's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Arabi Holding Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Arabi Holding Group's Cyclically Adjusted PB Ratio falls into.



Arabi Holding Group 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, Arabi Holding Group'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)
=0.114/131.7762*131.7762
=0.114

Current CPI (Mar. 2024) = 131.7762.

Arabi Holding Group Quarterly Data

Book Value per Share CPI Adj_Book
201203 0.073 96.783 0.099
201206 0.073 96.819 0.099
201209 0.073 97.633 0.099
201212 0.074 96.871 0.101
201312 0.077 98.326 0.103
201509 0.000 100.392 0.000
201512 0.089 99.792 0.118
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.090 101.861 0.116
201612 0.097 101.863 0.125
201703 0.097 102.862 0.124
201706 0.098 103.349 0.125
201709 0.096 104.136 0.121
201712 0.097 104.011 0.123
201803 0.097 105.290 0.121
201806 0.098 106.317 0.121
201809 0.095 106.507 0.118
201812 0.091 105.998 0.113
201903 0.090 107.251 0.111
201906 0.091 108.070 0.111
201909 0.088 108.329 0.107
201912 0.109 108.420 0.132
202003 0.105 108.902 0.127
202006 0.099 108.767 0.120
202009 0.093 109.815 0.112
202012 0.121 109.897 0.145
202103 0.117 111.754 0.138
202106 0.107 114.631 0.123
202109 0.100 115.734 0.114
202112 0.121 117.630 0.136
202203 0.173 121.301 0.188
202206 0.098 125.017 0.103
202209 0.098 125.227 0.103
202212 0.088 125.222 0.093
202303 0.083 127.348 0.086
202306 0.142 128.729 0.145
202309 0.131 129.860 0.133
202312 0.124 129.419 0.126
202403 0.114 131.776 0.114

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


Arabi Holding Group  (KUW:AGHC) 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.

Arabi Holding Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.415/0.12
=3.46

* 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 Arabi Holding Group was 4.90. The lowest was 3.46. And the median was 4.28.


Be Aware

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


Arabi Holding Group Cyclically Adjusted Book per Share Related Terms

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


Arabi Holding Group (KUW:AGHC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Forth Ring Road, P.O. Box 4090, Plot 175/176C, Behind Ali Abdulwahab Furniture Showroom, Shuwaikh Industrial Area, Safat, Kuwait, KWT, 13041
Arabi Holding Group is an investment holding company. Its operating segment includes Oil and Gas, and Commercial. It generates maximum revenue from the Oil and Gas segment. Its group's revenue sources include services and maintenance, construction, manpower supply, sale of goods, and other sources. Geographically, it derives a majority of its revenue from Kuwait.