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Alujain (SAU:2170) Cyclically Adjusted Book per Share : ﷼30.38 (As of Mar. 2024)


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What is Alujain 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.

Alujain's adjusted book value per share for the three months ended in Mar. 2024 was ﷼43.540. 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 ﷼30.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alujain's average Cyclically Adjusted Book Growth Rate was 17.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 23.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Alujain was 23.00% per year. The lowest was 23.00% per year. And the median was 23.00% per year.

As of today (2024-06-21), Alujain's current stock price is ﷼40.40. Alujain's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼30.38. Alujain's Cyclically Adjusted PB Ratio of today is 1.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alujain was 4.06. The lowest was 1.26. And the median was 2.25.


Alujain Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alujain'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.

Alujain Cyclically Adjusted Book per Share Chart

Alujain 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 - 15.64 18.93 24.43 29.13

Alujain 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 25.90 27.22 28.48 29.13 30.38

Competitive Comparison of Alujain's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Alujain'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.


Alujain's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Alujain's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alujain 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, Alujain'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)
=43.54/131.7762*131.7762
=43.540

Current CPI (Mar. 2024) = 131.7762.

Alujain Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.784 100.560 15.442
201409 12.318 100.428 16.163
201412 13.259 99.070 17.636
201503 12.966 99.621 17.151
201506 13.782 100.684 18.038
201509 14.437 100.392 18.950
201512 15.004 99.792 19.813
201603 15.012 100.470 19.690
201606 15.638 101.688 20.265
201609 16.205 101.861 20.964
201612 16.753 101.863 21.673
201703 17.164 102.862 21.989
201706 16.329 103.349 20.820
201709 16.829 104.136 21.296
201712 17.585 104.011 22.279
201803 18.492 105.290 23.144
201806 19.435 106.317 24.089
201809 19.818 106.507 24.520
201812 18.847 105.998 23.431
201903 17.698 107.251 21.745
201906 16.391 108.070 19.987
201909 14.821 108.329 18.029
201912 21.364 108.420 25.966
202003 20.673 108.902 25.015
202006 23.322 108.767 28.256
202009 23.599 109.815 28.318
202012 24.433 109.897 29.297
202103 25.311 111.754 29.846
202106 26.640 114.631 30.624
202109 27.460 115.734 31.266
202112 52.782 117.630 59.130
202203 53.706 121.301 58.344
202206 53.482 125.017 56.374
202209 53.862 125.227 56.679
202212 52.460 125.222 55.206
202303 53.582 127.348 55.445
202306 53.924 128.729 55.201
202309 54.248 129.860 55.049
202312 43.817 129.419 44.615
202403 43.540 131.776 43.540

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


Alujain  (SAU:2170) 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.

Alujain's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=40.40/30.38
=1.33

* 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 Alujain was 4.06. The lowest was 1.26. And the median was 2.25.


Be Aware

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


Alujain Cyclically Adjusted Book per Share Related Terms

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


Alujain (SAU:2170) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6807 Othman Bin Affan, Unit No. 6817, Al Ezdihar District, Riyadh, SAU, 12485 - 2523
Alujain Corp is a company that promotes, develops, and invests in industrial projects in the petrochemicals, mining, metals, and energy sectors in the Kingdom of Saudi Arabia. The company operates in two segments: Manufacturing of petrochemical products; and Manufacturing of home-care products. It generates maximum revenue from the Manufacturing of petrochemical products segment.

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