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Orascom Development Holding AG (CHIX:ODHNZ) Cyclically Adjusted PB Ratio : 0.35 (As of May. 26, 2024)


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What is Orascom Development Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Orascom Development Holding AG's current share price is CHF4.20. Orascom Development Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CHF11.99. Orascom Development Holding AG's Cyclically Adjusted PB Ratio for today is 0.35.

The historical rank and industry rank for Orascom Development Holding AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:ODHNz' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.55   Max: 0.76
Current: 0.34

During the past years, Orascom Development Holding AG's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.33. And the median was 0.55.

CHIX:ODHNz's Cyclically Adjusted PB Ratio is ranked better than
71.9% of 1338 companies
in the Real Estate industry
Industry Median: 0.71 vs CHIX:ODHNz: 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.

Orascom Development Holding AG's adjusted book value per share data for the three months ended in Mar. 2024 was CHF5.092. 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 CHF11.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orascom Development Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Orascom Development Holding AG'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.

Orascom Development Holding AG Cyclically Adjusted PB Ratio Chart

Orascom Development Holding AG 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 0.74 0.52 0.68 0.53 0.38

Orascom Development Holding AG 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 0.53 0.48 0.44 0.38 0.38

Competitive Comparison of Orascom Development Holding AG's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Orascom Development Holding AG'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.


Orascom Development Holding AG's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Orascom Development Holding AG's Cyclically Adjusted PB Ratio falls into.



Orascom Development Holding AG 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.

Orascom Development Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.20/11.99
=0.35

* 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.

Orascom Development Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Orascom Development Holding AG'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)
=5.092/107.3549*107.3549
=5.092

Current CPI (Mar. 2024) = 107.3549.

Orascom Development Holding AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.005 101.517 21.155
201409 20.986 101.247 22.252
201412 21.828 100.704 23.270
201503 21.726 100.339 23.245
201506 21.209 100.464 22.664
201509 21.569 99.785 23.205
201512 17.957 99.386 19.397
201603 16.452 99.475 17.755
201606 16.080 100.088 17.248
201609 15.538 99.604 16.747
201612 11.166 99.380 12.062
201703 10.766 100.040 11.553
201706 10.054 100.285 10.763
201709 10.098 100.254 10.813
201712 10.226 100.213 10.955
201803 10.250 100.836 10.913
201806 11.117 101.435 11.766
201809 11.060 101.246 11.727
201812 10.293 100.906 10.951
201903 10.443 101.571 11.038
201906 10.340 102.044 10.878
201909 10.390 101.396 11.001
201912 10.184 101.063 10.818
202003 10.066 101.048 10.694
202006 9.507 100.743 10.131
202009 9.121 100.585 9.735
202012 8.433 100.241 9.031
202103 9.121 100.800 9.714
202106 8.821 101.352 9.343
202109 8.907 101.533 9.418
202112 8.637 101.776 9.110
202203 8.263 103.205 8.595
202206 8.423 104.783 8.630
202209 8.405 104.835 8.607
202212 7.066 104.666 7.248
202303 6.195 106.245 6.260
202306 6.366 106.576 6.413
202309 6.600 106.570 6.649
202312 6.304 106.461 6.357
202403 5.092 107.355 5.092

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.


Orascom Development Holding AG  (CHIX:ODHNz) 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.


Orascom Development Holding AG Cyclically Adjusted PB Ratio Related Terms

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Orascom Development Holding AG (CHIX:ODHNZ) Business Description

Traded in Other Exchanges
Address
Gotthardstrasse 12, Altdorf, CHE, 6460
Orascom Development Holding AG is a developer of fully integrated destinations, including hotels, private villas, and apartments, leisure facilities such as golf courses, marinas, and supporting infrastructure. Its operating segments are anized into Hotels, Real Estate and Construction, Land Sales, Destination Management and Other Operations. It operates various destinations: Egypt (El Gouna, Taba Heights, Makadi Heights and Byoum), The Cove in the United Arab Emirates, Jebel Sifah and Hawana Salalah in Oman, Lustica Bay in Montenegro and Andermatt Reuss in Switzerland.

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