GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Red Sea International Co (SAU:4230) » Definitions » Cyclically Adjusted Book per Share

Red Sea International Co (SAU:4230) Cyclically Adjusted Book per Share : ﷼21.69 (As of Sep. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Red Sea International 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.

Red Sea International Co's adjusted book value per share for the three months ended in Sep. 2024 was ﷼0.850. 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 ﷼21.69 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Red Sea International Co's average Cyclically Adjusted Book Growth Rate was -12.30% 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 (2025-05-13), Red Sea International Co's current stock price is ﷼43.60. Red Sea International Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ﷼21.69. Red Sea International Co's Cyclically Adjusted PB Ratio of today is 2.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Red Sea International Co was 3.55. The lowest was 0.81. And the median was 1.08.


Red Sea International Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Red Sea International 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.

Red Sea International Co Cyclically Adjusted Book per Share Chart

Red Sea International 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 - - - 26.27 23.82

Red Sea International Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 24.74 23.82 23.38 22.61 21.69

Competitive Comparison of Red Sea International Co's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Red Sea International 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.


Red Sea International Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Red Sea International Co's Cyclically Adjusted PB Ratio falls into.


;
;

Red Sea International 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, Red Sea International Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.85/133.0289*133.0289
=0.850

Current CPI (Sep. 2024) = 133.0289.

Red Sea International Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201503 32.782 99.621 43.775
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 29.614 99.792 39.477
201603 0.000 100.470 0.000
201606 32.521 101.688 42.544
201609 32.929 101.861 43.005
201612 30.801 101.863 40.225
201703 31.180 102.862 40.324
201706 29.568 103.349 38.059
201709 29.154 104.136 37.243
201712 27.030 104.011 34.571
201803 26.092 105.290 32.966
201806 25.686 106.317 32.140
201809 25.216 106.507 31.495
201812 23.523 105.998 29.522
201903 22.903 107.251 28.408
201906 22.061 108.070 27.156
201909 21.120 108.329 25.935
201912 19.942 108.420 24.468
202003 19.980 108.902 24.407
202006 19.071 108.767 23.325
202009 17.584 109.815 21.301
202012 14.607 109.897 17.682
202103 13.536 111.754 16.113
202106 12.564 114.631 14.580
202109 11.533 115.734 13.256
202112 10.232 117.630 11.572
202203 9.609 121.301 10.538
202206 8.031 125.017 8.546
202209 6.180 125.227 6.565
202212 3.906 125.222 4.150
202303 3.292 127.348 3.439
202306 2.659 128.729 2.748
202309 2.165 129.860 2.218
202312 2.769 129.419 2.846
202403 2.570 131.776 2.594
202406 2.854 132.554 2.864
202409 0.850 133.029 0.850

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


Red Sea International Co  (SAU:4230) 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.

Red Sea International Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43.60/21.69
=2.01

* 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 Red Sea International Co was 3.55. The lowest was 0.81. And the median was 1.08.


Be Aware

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


Red Sea International Co Cyclically Adjusted Book per Share Related Terms

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


Red Sea International Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Airport street, Riyadh Front, P.O Box 9371, Al-Rimal District, Riyadh, SAU, 21431
Red Sea International Co provides modular living and working environments for industrial and residential communities. It provides civil contracting for commercial and residential buildings; offers real estate property investment and development; production of paints, coatings, construction machinery, and equipment; repair and maintenance services. The company has three reportable segments: Non-concrete residential and commercial buildings being the highest revenue driver; Rentals from investment properties; Paints and related services. It has a presence in Saudi Arabia, Ghana, United Arab Emirates, Papua New Guinea, Algeria, and others.

Red Sea International Co Headlines

No Headlines