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Seef Properties BSC (BAH:SEEF) Cyclically Adjusted PB Ratio : 0.33 (As of Jun. 03, 2024)


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What is Seef Properties BSC Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Seef Properties BSC's current share price is BHD0.127. Seef Properties BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BHD0.38. Seef Properties BSC's Cyclically Adjusted PB Ratio for today is 0.33.

The historical rank and industry rank for Seef Properties BSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

BAH:SEEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.47   Max: 0.6
Current: 0.34

During the past years, Seef Properties BSC's highest Cyclically Adjusted PB Ratio was 0.60. The lowest was 0.33. And the median was 0.47.

BAH:SEEF's Cyclically Adjusted PB Ratio is ranked better than
71.11% of 1364 companies
in the Real Estate industry
Industry Median: 0.7 vs BAH:SEEF: 0.34

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.

Seef Properties BSC's adjusted book value per share data for the three months ended in Mar. 2024 was BHD0.344. 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 BHD0.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seef Properties BSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Seef Properties BSC'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.

Seef Properties BSC Cyclically Adjusted PB Ratio Chart

Seef Properties BSC 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 - 0.55 0.54 0.47 0.42

Seef Properties BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.43 0.42 0.41 0.42 0.38

Competitive Comparison of Seef Properties BSC's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Seef Properties BSC'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.


Seef Properties BSC's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Seef Properties BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Seef Properties BSC 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.

Seef Properties BSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.127/0.38
=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.

Seef Properties BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Seef Properties BSC'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)
=0.344/131.7762*131.7762
=0.344

Current CPI (Mar. 2024) = 131.7762.

Seef Properties BSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.267 100.560 0.350
201409 0.271 100.428 0.356
201412 0.283 99.070 0.376
201503 0.276 99.621 0.365
201506 0.281 100.684 0.368
201509 0.287 100.392 0.377
201512 0.293 99.792 0.387
201603 0.286 100.470 0.375
201606 0.291 101.688 0.377
201609 0.297 101.861 0.384
201612 0.305 101.863 0.395
201703 0.296 102.862 0.379
201706 0.302 103.349 0.385
201709 0.308 104.136 0.390
201712 0.314 104.011 0.398
201803 0.304 105.290 0.380
201806 0.314 106.317 0.389
201809 0.320 106.507 0.396
201812 0.328 105.998 0.408
201903 0.317 107.251 0.389
201906 0.322 108.070 0.393
201909 0.328 108.329 0.399
201912 0.336 108.420 0.408
202003 0.000 108.902 0.000
202006 0.327 108.767 0.396
202009 0.329 109.815 0.395
202012 0.331 109.897 0.397
202103 0.329 111.754 0.388
202106 0.331 114.631 0.381
202109 0.333 115.734 0.379
202112 0.337 117.630 0.378
202203 0.334 121.301 0.363
202206 0.337 125.017 0.355
202209 0.342 125.227 0.360
202212 0.344 125.222 0.362
202303 0.340 127.348 0.352
202306 0.343 128.729 0.351
202309 0.347 129.860 0.352
202312 0.350 129.419 0.356
202403 0.344 131.776 0.344

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.


Seef Properties BSC  (BAH:SEEF) 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.


Seef Properties BSC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Seef Properties BSC's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Seef Properties BSC (BAH:SEEF) Business Description

Traded in Other Exchanges
N/A
Address
Building 2102, Road 2825, Block 428, P.O. Box 20084,, Seef District, Manama, BHR
Seef Properties BSC is an integrated real estate development company in the Kingdom of Bahrain. The company specialised in developing and managing commercial leisure and recreational facilities. It also owns and manages three Seef Malls located in different areas around the Kingdom. Magic Island, is an Indoor theme park located within its Malls. Al Liwan, a mixed-use development project, and Fraser Suites Seef Bahrain serviced apartments located in Seef Mall and managed by Fraser Suites, a global hospitality brand.

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