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Sahara International Petrochemical Co (SAU:2310) Cyclically Adjusted PB Ratio : 1.59 (As of Apr. 30, 2024)


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What is Sahara International Petrochemical Co Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Sahara International Petrochemical Co's current share price is ﷼33.65. Sahara International Petrochemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ﷼21.23. Sahara International Petrochemical Co's Cyclically Adjusted PB Ratio for today is 1.59.

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

SAU:2310' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.77   Max: 2.94
Current: 1.47

During the past years, Sahara International Petrochemical Co's highest Cyclically Adjusted PB Ratio was 2.94. The lowest was 0.98. And the median was 1.77.

SAU:2310's Cyclically Adjusted PB Ratio is ranked better than
53.19% of 1051 companies
in the Chemicals industry
Industry Median: 1.57 vs SAU:2310: 1.47

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.

Sahara International Petrochemical Co's adjusted book value per share data for the three months ended in Dec. 2023 was ﷼21.231. 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 ﷼21.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sahara International Petrochemical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sahara International Petrochemical 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.

Sahara International Petrochemical Co Cyclically Adjusted PB Ratio Chart

Sahara International Petrochemical 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 - 0.98 2.22 1.67 1.60

Sahara International Petrochemical 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 1.67 1.82 1.75 1.78 1.60

Competitive Comparison of Sahara International Petrochemical Co's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Sahara International Petrochemical 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.


Sahara International Petrochemical Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Sahara International Petrochemical Co's Cyclically Adjusted PB Ratio falls into.



Sahara International Petrochemical 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.

Sahara International Petrochemical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.65/21.23
=1.59

* 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.

Sahara International Petrochemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sahara International Petrochemical 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)
=21.231/129.4194*129.4194
=21.231

Current CPI (Dec. 2023) = 129.4194.

Sahara International Petrochemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 15.352 99.695 19.929
201406 15.446 100.560 19.879
201409 15.900 100.428 20.490
201412 16.278 99.070 21.265
201503 15.852 99.621 20.594
201506 15.589 100.684 20.038
201509 15.781 100.392 20.344
201512 14.327 99.792 18.580
201603 15.887 100.470 20.465
201606 15.955 101.688 20.306
201609 15.794 101.861 20.067
201612 14.356 101.863 18.240
201703 14.611 102.862 18.383
201706 14.766 103.349 18.491
201709 15.133 104.136 18.807
201712 15.586 104.011 19.393
201803 16.003 105.290 19.671
201806 16.081 106.317 19.575
201809 16.073 106.507 19.531
201812 16.177 105.998 19.752
201903 15.844 107.251 19.119
201906 37.860 108.070 45.340
201909 18.462 108.329 22.056
201912 18.213 108.420 21.741
202003 18.112 108.902 21.524
202006 17.993 108.767 21.409
202009 17.958 109.815 21.164
202012 17.728 109.897 20.877
202103 17.791 111.754 20.603
202106 18.197 114.631 20.545
202109 19.557 115.734 21.870
202112 19.889 117.630 21.882
202203 21.366 121.301 22.796
202206 21.314 125.017 22.065
202209 22.365 125.227 23.114
202212 21.555 125.222 22.278
202303 22.167 127.348 22.528
202306 21.393 128.729 21.508
202309 21.693 129.860 21.619
202312 21.231 129.419 21.231

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.


Sahara International Petrochemical Co  (SAU:2310) 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.


Sahara International Petrochemical Co Cyclically Adjusted PB Ratio Related Terms

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Sahara International Petrochemical Co (SAU:2310) Business Description

Traded in Other Exchanges
N/A
Address
King Saud Road District, Sipchem Building, Al-Hada District, Al Khobar, SAU, 31952
Sahara International Petrochemical Co owns, operates and manages industrial projects relating to chemical and petrochemical industries. The company operating segments include Basic Chemicals, Intermediate Chemicals, Polymers, Trading and Corporate and others. It generates maximum revenue from the Trading segment. The company operates domestically and internationally. Its product portfolio consists of Methanol, Butanediol, Tetrahydrofuran, Acetic Acid, Acetic Anhydride, LDPE, EVA, Cross-Linkable LDPE, Semi Conductive LDPE, and PBT.

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