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Alujain (SAU:2170) Cyclically Adjusted PB Ratio : 1.33 (As of Jun. 21, 2024)


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What is Alujain Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Alujain's current share price is ﷼40.40. Alujain's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼30.38. Alujain's Cyclically Adjusted PB Ratio for today is 1.33.

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

SAU:2170' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.25   Max: 4.06
Current: 1.33

During the past years, Alujain's highest Cyclically Adjusted PB Ratio was 4.06. The lowest was 1.26. And the median was 2.25.

SAU:2170's Cyclically Adjusted PB Ratio is ranked better than
59.13% of 1216 companies
in the Chemicals industry
Industry Median: 1.66 vs SAU:2170: 1.33

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.

Alujain's adjusted book value per share data for the three months ended in Mar. 2024 was ﷼43.540. 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 ﷼30.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alujain Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alujain'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.

Alujain Cyclically Adjusted PB Ratio Chart

Alujain 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 - 3.01 2.85 1.52 1.39

Alujain 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 1.41 1.64 1.55 1.39 1.35

Competitive Comparison of Alujain's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Alujain'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.


Alujain's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Alujain's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alujain 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.

Alujain's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.40/30.38
=1.33

* 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.

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

For example, Alujain'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)
=43.54/131.7762*131.7762
=43.540

Current CPI (Mar. 2024) = 131.7762.

Alujain Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.784 100.560 15.442
201409 12.318 100.428 16.163
201412 13.259 99.070 17.636
201503 12.966 99.621 17.151
201506 13.782 100.684 18.038
201509 14.437 100.392 18.950
201512 15.004 99.792 19.813
201603 15.012 100.470 19.690
201606 15.638 101.688 20.265
201609 16.205 101.861 20.964
201612 16.753 101.863 21.673
201703 17.164 102.862 21.989
201706 16.329 103.349 20.820
201709 16.829 104.136 21.296
201712 17.585 104.011 22.279
201803 18.492 105.290 23.144
201806 19.435 106.317 24.089
201809 19.818 106.507 24.520
201812 18.847 105.998 23.431
201903 17.698 107.251 21.745
201906 16.391 108.070 19.987
201909 14.821 108.329 18.029
201912 21.364 108.420 25.966
202003 20.673 108.902 25.015
202006 23.322 108.767 28.256
202009 23.599 109.815 28.318
202012 24.433 109.897 29.297
202103 25.311 111.754 29.846
202106 26.640 114.631 30.624
202109 27.460 115.734 31.266
202112 52.782 117.630 59.130
202203 53.706 121.301 58.344
202206 53.482 125.017 56.374
202209 53.862 125.227 56.679
202212 52.460 125.222 55.206
202303 53.582 127.348 55.445
202306 53.924 128.729 55.201
202309 54.248 129.860 55.049
202312 43.817 129.419 44.615
202403 43.540 131.776 43.540

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.


Alujain  (SAU:2170) 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.


Alujain Cyclically Adjusted PB Ratio Related Terms

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


Alujain (SAU:2170) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6807 Othman Bin Affan, Unit No. 6817, Al Ezdihar District, Riyadh, SAU, 12485 - 2523
Alujain Corp is a company that promotes, develops, and invests in industrial projects in the petrochemicals, mining, metals, and energy sectors in the Kingdom of Saudi Arabia. The company operates in two segments: Manufacturing of petrochemical products; and Manufacturing of home-care products. It generates maximum revenue from the Manufacturing of petrochemical products segment.

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