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Eastern Province Cement Co (SAU:3080) Cyclically Adjusted Book per Share : ﷼31.44 (As of Mar. 2024)


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What is Eastern Province Cement 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.

Eastern Province Cement Co's adjusted book value per share for the three months ended in Mar. 2024 was ﷼27.579. 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 ﷼31.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eastern Province Cement Co's average Cyclically Adjusted Book Growth Rate was -0.20% 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 (2024-05-17), Eastern Province Cement Co's current stock price is ﷼34.05. Eastern Province Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼31.44. Eastern Province Cement Co's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eastern Province Cement Co was 1.49. The lowest was 1.06. And the median was 1.19.


Eastern Province Cement Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Eastern Province Cement 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.

Eastern Province Cement Co Cyclically Adjusted Book per Share Chart

Eastern Province Cement 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 - - - - 31.65

Eastern Province Cement 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 31.51 31.77 31.91 31.65 31.44

Competitive Comparison of Eastern Province Cement Co's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Eastern Province Cement 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.


Eastern Province Cement Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Eastern Province Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eastern Province Cement Co's Cyclically Adjusted PB Ratio falls into.



Eastern Province Cement 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, Eastern Province Cement 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)
=27.579/131.7762*131.7762
=27.579

Current CPI (Mar. 2024) = 131.7762.

Eastern Province Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 26.549 98.326 35.581
201403 0.000 99.695 0.000
201412 26.289 99.070 34.968
201503 24.719 99.621 32.698
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 25.773 99.792 34.033
201603 0.000 100.470 0.000
201606 26.418 101.688 34.235
201609 26.896 101.861 34.795
201612 26.012 101.863 33.651
201703 25.134 102.862 32.199
201706 25.520 103.349 32.540
201709 25.690 104.136 32.509
201712 25.004 104.011 31.679
201803 26.072 105.290 32.631
201806 25.480 106.317 31.582
201809 25.431 106.507 31.465
201812 25.603 105.998 31.830
201903 26.159 107.251 32.141
201906 25.668 108.070 31.299
201909 26.017 108.329 31.648
201912 28.043 108.420 34.084
202003 28.772 108.902 34.816
202006 27.665 108.767 33.517
202009 28.273 109.815 33.927
202012 29.459 109.897 35.324
202103 30.337 111.754 35.772
202106 28.616 114.631 32.896
202109 27.806 115.734 31.660
202112 27.933 117.630 31.292
202203 27.559 121.301 29.939
202206 27.990 125.017 29.503
202209 27.075 125.227 28.491
202212 27.439 125.222 28.875
202303 27.133 127.348 28.077
202306 27.859 128.729 28.519
202309 27.349 129.860 27.753
202312 27.791 129.419 28.297
202403 27.579 131.776 27.579

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


Eastern Province Cement Co  (SAU:3080) 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.

Eastern Province Cement Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.05/31.44
=1.08

* 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 Eastern Province Cement Co was 1.49. The lowest was 1.06. And the median was 1.19.


Be Aware

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


Eastern Province Cement Co Cyclically Adjusted Book per Share Related Terms

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


Eastern Province Cement Co (SAU:3080) Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Road (Dammam - Khobar Highway), P.O. Box 4536, Dammam, SAU, 31412
Eastern Province Cement Co is engaged in producing different kinds of Building materials. It operates in two segments: Cement, which is into manufacturing and wholesale of ordinary cement, salt-resistant cement, and clinker cement; and Precast segment is into manufacturing of partitions, frames & prefabricated bui8ldings from prefabricated concrete. The cement segment accounts for the majority revenue of the company. Geographically it generates nearly all of its revenue from Saudi Arabia.

Eastern Province Cement Co (SAU:3080) Headlines

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