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Eastern Province Cement Co (SAU:3080) Cyclically Adjusted PB Ratio : 1.06 (As of May. 21, 2024)


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What is Eastern Province Cement Co Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Eastern Province Cement Co's current share price is ﷼33.85. Eastern Province Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼31.99. Eastern Province Cement Co's Cyclically Adjusted PB Ratio for today is 1.06.

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

SAU:3080' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.19   Max: 1.49
Current: 1.06

During the past years, Eastern Province Cement Co's highest Cyclically Adjusted PB Ratio was 1.49. The lowest was 1.04. And the median was 1.19.

SAU:3080's Cyclically Adjusted PB Ratio is ranked better than
52.84% of 299 companies
in the Building Materials industry
Industry Median: 1.09 vs SAU:3080: 1.06

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.

Eastern Province Cement Co's adjusted book value per share data for the three months ended in Mar. 2024 was ﷼27.579. 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 ﷼31.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eastern Province Cement Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eastern Province Cement 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.

Eastern Province Cement Co Cyclically Adjusted PB Ratio Chart

Eastern Province Cement 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 - - - - 1.20

Eastern Province Cement Co 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 1.29 1.47 1.22 1.20 1.09

Competitive Comparison of Eastern Province Cement Co's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Eastern Province Cement 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.


Eastern Province Cement Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Eastern Province Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eastern Province Cement Co's Cyclically Adjusted PB Ratio falls into.



Eastern Province Cement 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.

Eastern Province Cement Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.85/31.99
=1.06

* 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.

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

For example, Eastern Province Cement Co'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)
=27.579/131.7762*131.7762
=27.579

Current CPI (Mar. 2024) = 131.7762.

Eastern Province Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 26.549 98.326 35.581
201403 0.000 99.695 0.000
201412 26.289 99.070 34.968
201503 24.719 99.621 32.698
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 25.773 99.792 34.033
201603 0.000 100.470 0.000
201606 26.418 101.688 34.235
201609 26.896 101.861 34.795
201612 26.012 101.863 33.651
201703 25.134 102.862 32.199
201706 25.520 103.349 32.540
201709 25.690 104.136 32.509
201712 25.004 104.011 31.679
201803 26.072 105.290 32.631
201806 25.480 106.317 31.582
201809 25.431 106.507 31.465
201812 25.603 105.998 31.830
201903 26.159 107.251 32.141
201906 25.668 108.070 31.299
201909 26.017 108.329 31.648
201912 28.043 108.420 34.084
202003 28.772 108.902 34.816
202006 27.665 108.767 33.517
202009 28.273 109.815 33.927
202012 29.459 109.897 35.324
202103 30.337 111.754 35.772
202106 28.616 114.631 32.896
202109 27.806 115.734 31.660
202112 27.933 117.630 31.292
202203 27.559 121.301 29.939
202206 27.990 125.017 29.503
202209 27.075 125.227 28.491
202212 27.439 125.222 28.875
202303 27.133 127.348 28.077
202306 27.859 128.729 28.519
202309 27.349 129.860 27.753
202312 27.791 129.419 28.297
202403 27.579 131.776 27.579

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.


Eastern Province Cement Co  (SAU:3080) 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.


Eastern Province Cement Co Cyclically Adjusted PB Ratio Related Terms

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


Eastern Province Cement Co (SAU:3080) Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Road (Dammam - Khobar Highway), P.O. Box 4536, Dammam, SAU, 31412
Eastern Province Cement Co is engaged in producing different kinds of Building materials. It operates in two segments: Cement, which is into manufacturing and wholesale of ordinary cement, salt-resistant cement, and clinker cement; and Precast segment is into manufacturing of partitions, frames & prefabricated bui8ldings from prefabricated concrete. The cement segment accounts for the majority revenue of the company. Geographically it generates nearly all of its revenue from Saudi Arabia.

Eastern Province Cement Co (SAU:3080) Headlines

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