GURUFOCUS.COM » STOCK LIST » Technology » Software » Automated Systems Company Ltd (K.S.C.C) (KUW:ASC) » Definitions » Cyclically Adjusted Book per Share

Automated Systems Company (K.S.C.C) (KUW:ASC) Cyclically Adjusted Book per Share : KWD0.14 (As of Sep. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Automated Systems Company (K.S.C.C) 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.

Automated Systems Company (K.S.C.C)'s adjusted book value per share for the three months ended in Sep. 2024 was KWD0.118. 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 KWD0.14 for the trailing ten years ended in Sep. 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 (2025-01-18), Automated Systems Company (K.S.C.C)'s current stock price is KWD0.143. Automated Systems Company (K.S.C.C)'s Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was KWD0.14. Automated Systems Company (K.S.C.C)'s Cyclically Adjusted PB Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Automated Systems Company (K.S.C.C) was 1.31. The lowest was 1.02. And the median was 1.05.


Automated Systems Company (K.S.C.C) Cyclically Adjusted Book per Share Historical Data

The historical data trend for Automated Systems Company (K.S.C.C)'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.

Automated Systems Company (K.S.C.C) Cyclically Adjusted Book per Share Chart

Automated Systems Company (K.S.C.C) 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 - - - - -

Automated Systems Company (K.S.C.C) 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 - - - - 0.14

Competitive Comparison of Automated Systems Company (K.S.C.C)'s Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Automated Systems Company (K.S.C.C)'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.


Automated Systems Company (K.S.C.C)'s Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Automated Systems Company (K.S.C.C)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Automated Systems Company (K.S.C.C)'s Cyclically Adjusted PB Ratio falls into.



Automated Systems Company (K.S.C.C) 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, Automated Systems Company (K.S.C.C)'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)
=0.118/133.0289*133.0289
=0.118

Current CPI (Sep. 2024) = 133.0289.

Automated Systems Company (K.S.C.C) Quarterly Data

Book Value per Share CPI Adj_Book
200812 0.090 88.697 0.135
200912 0.106 91.111 0.155
201012 0.091 92.474 0.131
201112 0.086 95.213 0.120
201212 0.117 96.871 0.161
201312 0.112 98.326 0.152
201512 0.110 99.792 0.147
201609 0.000 101.861 0.000
201612 0.127 101.863 0.166
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.141 104.136 0.180
201712 0.143 104.011 0.183
201803 0.147 105.290 0.186
201806 0.134 106.317 0.168
201809 0.136 106.507 0.170
201812 0.132 105.998 0.166
201903 0.133 107.251 0.165
201906 0.128 108.070 0.158
201909 0.129 108.329 0.158
201912 0.127 108.420 0.156
202003 0.127 108.902 0.155
202006 0.123 108.767 0.150
202009 0.125 109.815 0.151
202012 0.121 109.897 0.146
202103 0.119 111.754 0.142
202106 0.117 114.631 0.136
202109 0.116 115.734 0.133
202112 0.115 117.630 0.130
202203 0.115 121.301 0.126
202206 0.114 125.017 0.121
202209 0.112 125.227 0.119
202212 0.111 125.222 0.118
202303 0.111 127.348 0.116
202306 0.111 128.729 0.115
202309 0.118 129.860 0.121
202312 0.119 129.419 0.122
202403 0.119 131.776 0.120
202406 0.118 132.554 0.118
202409 0.118 133.029 0.118

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


Automated Systems Company (K.S.C.C)  (KUW:ASC) 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.

Automated Systems Company (K.S.C.C)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.143/0.14
=1.02

* 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 Automated Systems Company (K.S.C.C) was 1.31. The lowest was 1.02. And the median was 1.05.


Be Aware

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


Automated Systems Company (K.S.C.C) Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Automated Systems Company (K.S.C.C)'s Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Automated Systems Company (K.S.C.C) Business Description

Traded in Other Exchanges
N/A
Address
Free zone, Future Area, P.O.Box 27159, Plot No. 28B / 29B, Safat, Kuwait, KWT, 13132
Automated Systems Company Ltd (K.S.C.C) operates in the IT (information technology) sector. It provides full end-to-end solution starting from cabling and network infrastructure up to the level of enterprise resource planning (ERP) implementation through specialized engineers. Its business activities are divided into three divisions including Global Distribution Systems, Services & Solutions and Engineering Solutions. The company offers various services including systems integration, in-house developed application and mobility solutions, IT managed services, consulting services, cloud computing, among others.