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Saudi Ceramic Co (SAU:2040) Cyclically Adjusted Book per Share : ﷼24.31 (As of Dec. 2023)


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What is Saudi Ceramic 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.

Saudi Ceramic Co's adjusted book value per share for the three months ended in Dec. 2023 was ﷼18.806. 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 ﷼24.31 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Saudi Ceramic Co's average Cyclically Adjusted Book Growth Rate was 1.70% per year. 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 (2024-05-15), Saudi Ceramic Co's current stock price is ﷼37.90. Saudi Ceramic Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ﷼24.31. Saudi Ceramic Co's Cyclically Adjusted PB Ratio of today is 1.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saudi Ceramic Co was 1.83. The lowest was 0.96. And the median was 1.28.


Saudi Ceramic Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Saudi Ceramic 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.

Saudi Ceramic Co Cyclically Adjusted Book per Share Chart

Saudi Ceramic 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 - - - 23.91 24.31

Saudi Ceramic Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.91 24.24 24.44 24.56 24.31

Competitive Comparison of Saudi Ceramic Co's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Saudi Ceramic 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.


Saudi Ceramic Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Saudi Ceramic 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, Saudi Ceramic Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=18.806/129.4194*129.4194
=18.806

Current CPI (Dec. 2023) = 129.4194.

Saudi Ceramic Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 20.108 99.695 26.103
201406 19.738 100.560 25.403
201409 20.728 100.428 26.712
201412 21.452 99.070 28.024
201503 22.495 99.621 29.224
201506 22.260 100.684 28.613
201509 23.036 100.392 29.697
201512 23.192 99.792 30.077
201603 24.338 100.470 31.351
201606 23.427 101.688 29.816
201609 22.851 101.861 29.033
201612 22.189 101.863 28.192
201703 22.912 102.862 28.827
201706 0.000 103.349 0.000
201709 21.744 104.136 27.023
201712 20.386 104.011 25.366
201803 19.745 105.290 24.270
201806 19.165 106.317 23.330
201809 19.271 106.507 23.417
201812 17.699 105.998 21.610
201903 17.395 107.251 20.991
201906 17.158 108.070 20.548
201909 17.477 108.329 20.879
201912 17.618 108.420 21.030
202003 17.751 108.902 21.095
202006 17.833 108.767 21.219
202009 18.239 109.815 21.495
202012 18.571 109.897 21.870
202103 19.544 111.754 22.633
202106 20.435 114.631 23.071
202109 20.321 115.734 22.724
202112 20.896 117.630 22.990
202203 20.805 121.301 22.197
202206 21.280 125.017 22.029
202209 21.316 125.227 22.030
202212 21.871 125.222 22.604
202303 21.582 127.348 21.933
202306 22.003 128.729 22.121
202309 19.897 129.860 19.830
202312 18.806 129.419 18.806

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


Saudi Ceramic Co  (SAU:2040) 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.

Saudi Ceramic Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.90/24.31
=1.56

* 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 Saudi Ceramic Co was 1.83. The lowest was 0.96. And the median was 1.28.


Be Aware

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


Saudi Ceramic Co Cyclically Adjusted Book per Share Related Terms

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


Saudi Ceramic Co (SAU:2040) Business Description

Industry
Traded in Other Exchanges
N/A
Address
King Fahad Road, P.O. Box 3893, Al-Olayya District, Riyadh, SAU, 11481
Saudi Ceramic Co is engaged in the production and sale of ceramic products, water heaters, and related components. The company is also into import of related machinery, equipment, and other accessories. It has three reporting segments; the Ceramic tiles and sanitary ware segment is into the manufacturing and distribution of ceramic and porcelain tiles and sanitary ware items, the Water heaters segment is into the manufacturing and distribution of electric water heaters, and the Ceramic pipes segment is into the manufacturing and distribution of clay pipes for sanitary ware and sewage networks.

Saudi Ceramic Co (SAU:2040) Headlines

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