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Arriyadh Development Co (SAU:4150) Cyclically Adjusted Book per Share : ﷼13.42 (As of Mar. 2024)


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What is Arriyadh Development 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.

Arriyadh Development Co's adjusted book value per share for the three months ended in Mar. 2024 was ﷼13.789. 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 ﷼13.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Arriyadh Development Co's average Cyclically Adjusted Book Growth Rate was 3.50% 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 (2024-06-18), Arriyadh Development Co's current stock price is ﷼22.86. Arriyadh Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼13.42. Arriyadh Development Co's Cyclically Adjusted PB Ratio of today is 1.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arriyadh Development Co was 1.95. The lowest was 1.33. And the median was 1.56.


Arriyadh Development Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Arriyadh Development 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.

Arriyadh Development Co Cyclically Adjusted Book per Share Chart

Arriyadh Development 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 - - - 12.75 13.16

Arriyadh Development 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 12.96 13.08 13.18 13.16 13.42

Competitive Comparison of Arriyadh Development Co's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Arriyadh Development 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.


Arriyadh Development Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arriyadh Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Arriyadh Development 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, Arriyadh Development 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)
=13.789/131.7762*131.7762
=13.789

Current CPI (Mar. 2024) = 131.7762.

Arriyadh Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.164 100.560 12.009
201409 9.373 100.428 12.299
201412 9.613 99.070 12.787
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 10.565 99.792 13.951
201603 10.845 100.470 14.224
201606 10.611 101.688 13.751
201609 10.421 101.861 13.482
201612 10.658 101.863 13.788
201703 10.896 102.862 13.959
201706 10.466 103.349 13.345
201709 10.432 104.136 13.201
201712 11.053 104.011 14.004
201803 11.290 105.290 14.130
201806 10.927 106.317 13.544
201809 10.660 106.507 13.189
201812 11.609 105.998 14.432
201903 11.921 107.251 14.647
201906 11.572 108.070 14.110
201909 11.393 108.329 13.859
201912 10.844 108.420 13.180
202003 11.127 108.902 13.464
202006 10.929 108.767 13.241
202009 11.262 109.815 13.514
202012 11.144 109.897 13.363
202103 11.806 111.754 13.921
202106 11.994 114.631 13.788
202109 11.428 115.734 13.012
202112 11.369 117.630 12.736
202203 12.199 121.301 13.252
202206 12.020 125.017 12.670
202209 12.138 125.227 12.773
202212 12.362 125.222 13.009
202303 12.544 127.348 12.980
202306 12.537 128.729 12.834
202309 12.548 129.860 12.733
202312 13.392 129.419 13.636
202403 13.789 131.776 13.789

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


Arriyadh Development Co  (SAU:4150) 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.

Arriyadh Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.86/13.42
=1.70

* 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 Arriyadh Development Co was 1.95. The lowest was 1.33. And the median was 1.56.


Be Aware

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


Arriyadh Development Co Cyclically Adjusted Book per Share Related Terms

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


Arriyadh Development Co (SAU:4150) Business Description

Industry
Traded in Other Exchanges
N/A
Address
King Fahad Road, Al-Dirah District, P.O. Box 94542, Riyadh, SAU, `11614
Arriyadh Development Co is functional in the Saudi Arabian real estate sector. The Operating Division accounts for the major portion of the company's revenue. It is concerned with the operational projects that are in the Attameer market for vegetables and fruits, Attameer Public Transportation Center and Attameer International Car Auction.. The Lease division covers s the company's leasing projects, which are related to Attameer Wholesale Center, Attameer Center for meat, vegetables and fruits, Riyadh Attameer Market, and the Land Sale division includes the sale of developed areas.

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