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Privatization Holding Co (KUW:KPPC) Cyclically Adjusted Book per Share : KWD0.16 (As of Mar. 2024)


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What is Privatization Holding 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.

Privatization Holding Co's adjusted book value per share for the three months ended in Mar. 2024 was KWD0.089. 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 KWD0.16 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 (2024-06-20), Privatization Holding Co's current stock price is KWD0.04. Privatization Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.16. Privatization Holding Co's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Privatization Holding Co was 0.27. The lowest was 0.18. And the median was 0.23.


Privatization Holding Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Privatization Holding 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.

Privatization Holding Co Cyclically Adjusted Book per Share Chart

Privatization Holding Co 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 - - - - 0.16

Privatization Holding 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 - - 0.16 0.16 0.16

Competitive Comparison of Privatization Holding Co's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Privatization Holding 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.


Privatization Holding Co's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Privatization Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Privatization Holding 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, Privatization Holding 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)
=0.089/131.7762*131.7762
=0.089

Current CPI (Mar. 2024) = 131.7762.

Privatization Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.135 96.819 0.184
201209 0.148 97.633 0.200
201212 0.148 96.871 0.201
201312 0.139 98.326 0.186
201412 0.145 99.070 0.193
201509 0.000 100.392 0.000
201512 0.138 99.792 0.182
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.142 101.861 0.184
201612 0.153 101.863 0.198
201703 0.156 102.862 0.200
201706 0.159 103.349 0.203
201709 0.161 104.136 0.204
201712 0.160 104.011 0.203
201803 0.152 105.290 0.190
201806 0.143 106.317 0.177
201809 0.146 106.507 0.181
201812 0.143 105.998 0.178
201903 0.144 107.251 0.177
201906 0.143 108.070 0.174
201909 0.142 108.329 0.173
201912 0.136 108.420 0.165
202003 0.128 108.902 0.155
202006 0.127 108.767 0.154
202009 0.125 109.815 0.150
202012 0.125 109.897 0.150
202103 0.130 111.754 0.153
202106 0.128 114.631 0.147
202109 0.125 115.734 0.142
202112 0.121 117.630 0.136
202203 0.126 121.301 0.137
202206 0.120 125.017 0.126
202209 0.118 125.227 0.124
202212 0.112 125.222 0.118
202303 0.105 127.348 0.109
202306 0.104 128.729 0.106
202309 0.105 129.860 0.107
202312 0.089 129.419 0.091
202403 0.089 131.776 0.089

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


Privatization Holding Co  (KUW:KPPC) 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.

Privatization Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.04/0.16
=0.25

* 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 Privatization Holding Co was 0.27. The lowest was 0.18. And the median was 0.23.


Be Aware

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


Privatization Holding Co Cyclically Adjusted Book per Share Related Terms

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


Privatization Holding Co (KUW:KPPC) Business Description

Traded in Other Exchanges
N/A
Address
Sharq, Ahmad Al-Jaber Street, P.O. Box 4323, Safat, Dar Al Awadi Tower, 23rd Floor, Kuwait City, KWT, 13104
Privatization Holding Co is an investment holding company. It provides financial and consulting services, owning local and foreign companies, investing in real estate, holding patents and copyrights and advancing loan facilities to the associated companies.

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