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Sameer Africa (NAI:SMER) Cyclically Adjusted PB Ratio : 0.48 (As of Sep. 21, 2024)


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What is Sameer Africa Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Sameer Africa's current share price is KES2.42. Sameer Africa's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was KES5.05. Sameer Africa's Cyclically Adjusted PB Ratio for today is 0.48.

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

NAI:SMER' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.44   Max: 0.63
Current: 0.48

During the past 13 years, Sameer Africa's highest Cyclically Adjusted PB Ratio was 0.63. The lowest was 0.33. And the median was 0.44.

NAI:SMER's Cyclically Adjusted PB Ratio is ranked better than
82.37% of 811 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs NAI:SMER: 0.48

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.

Sameer Africa's adjusted book value per share data of for the fiscal year that ended in Dec23 was KES1.698. 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 KES5.05 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sameer Africa Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sameer Africa'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.

Sameer Africa Cyclically Adjusted PB Ratio Chart

Sameer Africa 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 - 0.47 0.44 0.35 0.45

Sameer Africa Semi-Annual Data
Dec12 Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.44 - 0.35 - 0.45

Competitive Comparison of Sameer Africa's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Sameer Africa'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.


Sameer Africa's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sameer Africa's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sameer Africa's Cyclically Adjusted PB Ratio falls into.



Sameer Africa 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.

Sameer Africa's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.42/5.05
=0.48

* 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.

Sameer Africa's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sameer Africa's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.698/129.4194*129.4194
=1.698

Current CPI (Dec23) = 129.4194.

Sameer Africa Annual Data

Book Value per Share CPI Adj_Book
201412 9.113 99.070 11.905
201512 8.955 99.792 11.614
201612 6.593 101.863 8.377
201712 6.603 104.011 8.216
201812 4.058 105.998 4.955
201912 0.248 108.420 0.296
202012 0.412 109.897 0.485
202112 1.200 117.630 1.320
202212 1.545 125.222 1.597
202312 1.698 129.419 1.698

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.


Sameer Africa  (NAI:SMER) 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.


Sameer Africa Cyclically Adjusted PB Ratio Related Terms

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


Sameer Africa Business Description

Traded in Other Exchanges
N/A
Address
Mombasa Road Junction, PO Box 30429, LR No. 12081/9, Nairobi, KEN, 00100
Sameer Africa Ltd engages in the manufacturing and distribution of tyres and allied products and the letting of investment property. The company operates through four business segments: sourcing and distribution, regional operations, Yana tyre centre, and rental business where the sourcing and distribution segment is engaged in the manufacturing and distribution of tires, tubes, and flaps, the regional operations segment engages in the buying and distribution of tires, tubes, and flaps in the Eastern Africa region, Yana tyre center segment is involved in the retailing of tires, tubes, and flaps, and the provision of tire-related services and the rental business segment is engaged in the letting of investment properties.

Sameer Africa Headlines

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