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Jordanian Expatriates Investment Holding Co (AMM:JEIH) Cyclically Adjusted Book per Share : JOD1.51 (As of Dec. 2023)


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What is Jordanian Expatriates Investment Holding Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Jordanian Expatriates Investment Holding Co's adjusted book value per share for the three months ended in Dec. 2023 was JOD1.217. 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 JOD1.51 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-03), Jordanian Expatriates Investment Holding Co's current stock price is JOD0.51. Jordanian Expatriates Investment Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was JOD1.51. Jordanian Expatriates Investment Holding Co's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jordanian Expatriates Investment Holding Co was 0.42. The lowest was 0.28. And the median was 0.34.


Jordanian Expatriates Investment Holding Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jordanian Expatriates Investment Holding Co's Cyclically Adjusted Book per Share 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.

Jordanian Expatriates Investment Holding Co Cyclically Adjusted Book per Share Chart

Jordanian Expatriates Investment Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.46 1.51 1.51

Jordanian Expatriates Investment Holding 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 Book per Share 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 1.51 1.52 1.53 1.53 1.51

Competitive Comparison of Jordanian Expatriates Investment Holding Co's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Jordanian Expatriates Investment Holding 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.


Jordanian Expatriates Investment Holding Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jordanian Expatriates Investment Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jordanian Expatriates Investment Holding Co's Cyclically Adjusted PB Ratio falls into.



Jordanian Expatriates Investment Holding Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Jordanian Expatriates Investment Holding 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)
=1.217/129.4194*129.4194
=1.217

Current CPI (Dec. 2023) = 129.4194.

Jordanian Expatriates Investment Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.338 99.695 1.737
201406 1.316 100.560 1.694
201409 1.352 100.428 1.742
201412 1.454 99.070 1.899
201503 1.508 99.621 1.959
201506 1.478 100.684 1.900
201509 1.464 100.392 1.887
201512 1.420 99.792 1.842
201603 1.432 100.470 1.845
201606 1.423 101.688 1.811
201609 1.424 101.861 1.809
201612 1.430 101.863 1.817
201703 1.392 102.862 1.751
201706 1.341 103.349 1.679
201709 1.365 104.136 1.696
201712 1.409 104.011 1.753
201803 1.408 105.290 1.731
201806 1.364 106.317 1.660
201809 1.366 106.507 1.660
201812 1.357 105.998 1.657
201903 1.343 107.251 1.621
201906 1.316 108.070 1.576
201909 1.045 108.329 1.248
201912 0.997 108.420 1.190
202003 0.924 108.902 1.098
202006 0.952 108.767 1.133
202009 1.064 109.815 1.254
202012 1.113 109.897 1.311
202103 1.108 111.754 1.283
202106 1.113 114.631 1.257
202109 1.153 115.734 1.289
202112 1.144 117.630 1.259
202203 1.139 121.301 1.215
202206 1.194 125.017 1.236
202209 1.177 125.227 1.216
202212 1.125 125.222 1.163
202303 1.099 127.348 1.117
202306 1.119 128.729 1.125
202309 1.192 129.860 1.188
202312 1.217 129.419 1.217

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Jordanian Expatriates Investment Holding Co  (AMM:JEIH) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Jordanian Expatriates Investment Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.51/1.51
=0.34

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jordanian Expatriates Investment Holding Co was 0.42. The lowest was 0.28. And the median was 0.34.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Jordanian Expatriates Investment Holding Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Jordanian Expatriates Investment Holding Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Jordanian Expatriates Investment Holding Co (AMM:JEIH) Business Description

Traded in Other Exchanges
N/A
Address
Abdali - Professional Union Building, P.O. Box 930220, 8th Floor, Amman, JOR, 11193
Jordanian Expatriates Investment Holding Co is an investment holding company. It invests in industrial, commercial, agricultural, tourism, and other economic fields. The company generates maximum revenue from investments in real estate from Jordan.

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