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United Finance CoOG (MUS:UFCI) Cyclically Adjusted Book per Share : ر.ع0.14 (As of Mar. 2023)


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What is United Finance CoOG 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.

United Finance CoOG's adjusted book value per share for the three months ended in Mar. 2023 was ر.ع0.130. 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 ر.ع0.14 for the trailing ten years ended in Mar. 2023.

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 (2024-06-21), United Finance CoOG's current stock price is ر.ع0.061. United Finance CoOG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was ر.ع0.14. United Finance CoOG's Cyclically Adjusted PB Ratio of today is 0.44.


United Finance CoOG Cyclically Adjusted Book per Share Historical Data

The historical data trend for United Finance CoOG'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.

United Finance CoOG Cyclically Adjusted Book per Share Chart

United Finance CoOG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.12 0.13 0.14

United Finance CoOG Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.13 0.14 0.14 0.14 0.14

Competitive Comparison of United Finance CoOG's Cyclically Adjusted Book per Share

For the Credit Services subindustry, United Finance CoOG'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.


United Finance CoOG's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, United Finance CoOG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where United Finance CoOG's Cyclically Adjusted PB Ratio falls into.



United Finance CoOG 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, United Finance CoOG's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.13/127.3478*127.3478
=0.130

Current CPI (Mar. 2023) = 127.3478.

United Finance CoOG Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.095 98.518 0.123
201309 0.103 98.790 0.133
201312 0.100 98.326 0.130
201403 0.104 99.695 0.133
201406 0.107 100.560 0.136
201409 0.110 100.428 0.139
201412 0.114 99.070 0.147
201503 0.112 99.621 0.143
201506 0.116 100.684 0.147
201509 0.110 100.392 0.140
201512 0.124 99.792 0.158
201603 0.118 100.470 0.150
201606 0.122 101.688 0.153
201609 0.124 101.861 0.155
201612 0.128 101.863 0.160
201703 0.131 102.862 0.162
201706 0.132 103.349 0.163
201709 0.133 104.136 0.163
201712 0.123 104.011 0.151
201803 0.122 105.290 0.148
201806 0.122 106.317 0.146
201809 0.122 106.507 0.146
201812 0.123 105.998 0.148
201903 0.124 107.251 0.147
201906 0.124 108.070 0.146
201909 0.124 108.329 0.146
201912 0.125 108.420 0.147
202003 0.126 108.902 0.147
202006 0.125 108.767 0.146
202009 0.127 109.815 0.147
202012 0.128 109.897 0.148
202103 0.128 111.754 0.146
202106 0.128 114.631 0.142
202109 0.129 115.734 0.142
202112 0.133 117.630 0.144
202203 0.134 121.301 0.141
202206 0.132 125.017 0.134
202209 0.133 125.227 0.135
202212 0.135 125.222 0.137
202303 0.130 127.348 0.130

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


United Finance CoOG  (MUS:UFCI) 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.

United Finance CoOG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.061/0.14
=0.44

* 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.


Be Aware

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


United Finance CoOG Cyclically Adjusted Book per Share Related Terms

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


United Finance CoOG (MUS:UFCI) Business Description

Traded in Other Exchanges
N/A
Address
Ruwi, P.O Box 3652, Muscat, OMN, 112
United Finance Co SAOG is engaged in providing vehicle and equipment financing. The operating segments of the group are Corporate and Retail. It is also licensed to provide composite loans, bridge loans, hire purchases, debt factoring, and financing of receivables and leasing in the Sultanate of Oman. The company offers a wide range of financing products, corporate deposits, and Bancassurance.

United Finance CoOG (MUS:UFCI) Headlines

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