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United Wire Factories Co (SAU:1301) Cyclically Adjusted Book per Share : ﷼21.00 (As of Mar. 2024)


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What is United Wire Factories 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.

United Wire Factories Co's adjusted book value per share for the three months ended in Mar. 2024 was ﷼13.462. 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 ﷼21.00 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 (2024-06-11), United Wire Factories Co's current stock price is ﷼30.85. United Wire Factories Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼21.00. United Wire Factories Co's Cyclically Adjusted PB Ratio of today is 1.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of United Wire Factories Co was 1.75. The lowest was 1.14. And the median was 1.40.


United Wire Factories Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for United Wire Factories 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.

United Wire Factories Co Cyclically Adjusted Book per Share Chart

United Wire Factories Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
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United Wire Factories Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - 20.86 20.89 21.00

Competitive Comparison of United Wire Factories Co's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, United Wire Factories 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.


United Wire Factories Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, United Wire Factories Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where United Wire Factories Co's Cyclically Adjusted PB Ratio falls into.



United Wire Factories 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, United Wire Factories 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)
=13.462/131.7762*131.7762
=13.462

Current CPI (Mar. 2024) = 131.7762.

United Wire Factories Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 16.843 98.326 22.573
201403 0.000 99.695 0.000
201409 17.481 100.428 22.938
201412 17.922 99.070 23.839
201503 17.592 99.621 23.270
201506 0.000 100.684 0.000
201509 17.985 100.392 23.608
201512 18.387 99.792 24.280
201603 18.016 100.470 23.630
201606 19.390 101.688 25.127
201609 18.336 101.861 23.721
201612 18.689 101.863 24.177
201703 17.948 102.862 22.993
201706 17.965 103.349 22.906
201709 18.223 104.136 23.060
201712 18.620 104.011 23.590
201803 18.896 105.290 23.649
201806 18.375 106.317 22.775
201809 18.392 106.507 22.756
201812 18.039 105.998 22.426
201903 18.399 107.251 22.606
201906 18.613 108.070 22.696
201909 18.262 108.329 22.215
201912 18.476 108.420 22.456
202003 19.012 108.902 23.005
202006 19.448 108.767 23.562
202009 15.707 109.815 18.848
202012 16.297 109.897 19.542
202103 15.621 111.754 18.420
202106 16.122 114.631 18.533
202109 15.473 115.734 17.618
202112 15.763 117.630 17.659
202203 16.127 121.301 17.520
202206 16.704 125.017 17.607
202209 15.563 125.227 16.377
202212 16.009 125.222 16.847
202303 16.170 127.348 16.732
202306 16.365 128.729 16.752
202309 13.941 129.860 14.147
202403 13.462 131.776 13.462

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


United Wire Factories Co  (SAU:1301) 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 Wire Factories Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.85/21
=1.47

* 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 United Wire Factories Co was 1.75. The lowest was 1.14. And the median was 1.40.


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 Wire Factories Co Cyclically Adjusted Book per Share Related Terms

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


United Wire Factories Co (SAU:1301) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Second Industrial Area, P.O. Box 355208, Riyadh, SAU, 11383
United Wire Factories Co is engaged in the manufacturing of metal wires and other construction-related products. The company operates in two segments: Construction and Civil. The vast majority of its revenue comes from the construction sector, which includes rebar activities, floor gratings, spikes, fence nets, barbed wire, and wire mesh. Some of its products include Steel Rebar, Concertina Wires, Welded Wires Mesh, Cloth Hangers, wood, Fence, Nails, Block Ladder Mesh, Galvanized Wire, and PVC Coated Wires.

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