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Jordanian Expatriates Investment Holding Co (AMM:JEIH) Cyclically Adjusted PB Ratio : 0.33 (As of Apr. 30, 2024)


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What is Jordanian Expatriates Investment Holding Co Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Jordanian Expatriates Investment Holding Co's current share price is JOD0.50. Jordanian Expatriates Investment Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was JOD1.51. Jordanian Expatriates Investment Holding Co's Cyclically Adjusted PB Ratio for today is 0.33.

The historical rank and industry rank for Jordanian Expatriates Investment Holding Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

AMM:JEIH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.34   Max: 0.42
Current: 0.33

During the past years, Jordanian Expatriates Investment Holding Co's highest Cyclically Adjusted PB Ratio was 0.42. The lowest was 0.28. And the median was 0.34.

AMM:JEIH's Cyclically Adjusted PB Ratio is ranked better than
82.58% of 419 companies
in the Conglomerates industry
Industry Median: 0.92 vs AMM:JEIH: 0.33

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.

Jordanian Expatriates Investment Holding Co's adjusted book value per share data for the three months ended in Dec. 2023 was JOD1.217. 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 JOD1.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jordanian Expatriates Investment Holding Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jordanian Expatriates Investment Holding Co's Cyclically Adjusted PB Ratio 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.

Jordanian Expatriates Investment Holding Co Cyclically Adjusted PB Ratio Chart

Jordanian Expatriates Investment Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.42 0.34 0.37

Jordanian Expatriates Investment Holding 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 PB Ratio 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 0.34 0.28 0.33 0.29 0.37

Competitive Comparison of Jordanian Expatriates Investment Holding Co's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Jordanian Expatriates Investment Holding 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.


Jordanian Expatriates Investment Holding Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jordanian Expatriates Investment Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jordanian Expatriates Investment Holding Co's Cyclically Adjusted PB Ratio falls into.



Jordanian Expatriates Investment Holding Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Jordanian Expatriates Investment Holding Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.50/1.51
=0.33

* 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.

Jordanian Expatriates Investment Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Jordanian Expatriates Investment Holding 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)
=1.217/129.4194*129.4194
=1.217

Current CPI (Dec. 2023) = 129.4194.

Jordanian Expatriates Investment Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.338 99.695 1.737
201406 1.316 100.560 1.694
201409 1.352 100.428 1.742
201412 1.454 99.070 1.899
201503 1.508 99.621 1.959
201506 1.478 100.684 1.900
201509 1.464 100.392 1.887
201512 1.420 99.792 1.842
201603 1.432 100.470 1.845
201606 1.423 101.688 1.811
201609 1.424 101.861 1.809
201612 1.430 101.863 1.817
201703 1.392 102.862 1.751
201706 1.341 103.349 1.679
201709 1.365 104.136 1.696
201712 1.409 104.011 1.753
201803 1.408 105.290 1.731
201806 1.364 106.317 1.660
201809 1.366 106.507 1.660
201812 1.357 105.998 1.657
201903 1.343 107.251 1.621
201906 1.316 108.070 1.576
201909 1.045 108.329 1.248
201912 0.997 108.420 1.190
202003 0.924 108.902 1.098
202006 0.952 108.767 1.133
202009 1.064 109.815 1.254
202012 1.113 109.897 1.311
202103 1.108 111.754 1.283
202106 1.113 114.631 1.257
202109 1.153 115.734 1.289
202112 1.144 117.630 1.259
202203 1.139 121.301 1.215
202206 1.194 125.017 1.236
202209 1.177 125.227 1.216
202212 1.125 125.222 1.163
202303 1.099 127.348 1.117
202306 1.119 128.729 1.125
202309 1.192 129.860 1.188
202312 1.217 129.419 1.217

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


Jordanian Expatriates Investment Holding Co  (AMM:JEIH) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Jordanian Expatriates Investment Holding Co Cyclically Adjusted PB Ratio Related Terms

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Jordanian Expatriates Investment Holding Co (AMM:JEIH) Business Description

Traded in Other Exchanges
N/A
Address
Abdali - Professional Union Building, P.O. Box 930220, 8th Floor, Amman, JOR, 11193
Jordanian Expatriates Investment Holding Co is an investment holding company. It invests in industrial, commercial, agricultural, tourism, and other economic fields. The company generates maximum revenue from investments in real estate from Jordan.

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