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Elsaeed Contracting& Real Estate Investment Co SCCD (CAI:UEGC) Cyclically Adjusted Book per Share : E£1.35 (As of Dec. 2023)


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What is Elsaeed Contracting& Real Estate Investment Co SCCD 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.

Elsaeed Contracting& Real Estate Investment Co SCCD's adjusted book value per share for the three months ended in Dec. 2023 was E£1.676. 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 E£1.35 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 (2024-04-27), Elsaeed Contracting& Real Estate Investment Co SCCD's current stock price is E£0.728. Elsaeed Contracting& Real Estate Investment Co SCCD's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was E£1.35. Elsaeed Contracting& Real Estate Investment Co SCCD's Cyclically Adjusted PB Ratio of today is 0.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Elsaeed Contracting& Real Estate Investment Co SCCD was 0.79. The lowest was 0.42. And the median was 0.48.


Elsaeed Contracting& Real Estate Investment Co SCCD Cyclically Adjusted Book per Share Historical Data

The historical data trend for Elsaeed Contracting& Real Estate Investment Co SCCD'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.

Elsaeed Contracting& Real Estate Investment Co SCCD Cyclically Adjusted Book per Share Chart

Elsaeed Contracting& Real Estate Investment Co SCCD 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 - - - - 1.35

Elsaeed Contracting& Real Estate Investment Co SCCD 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 - 1.29 1.32 1.34 1.35

Competitive Comparison of Elsaeed Contracting& Real Estate Investment Co SCCD's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Elsaeed Contracting& Real Estate Investment Co SCCD'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.


Elsaeed Contracting& Real Estate Investment Co SCCD's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Elsaeed Contracting& Real Estate Investment Co SCCD's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Elsaeed Contracting& Real Estate Investment Co SCCD's Cyclically Adjusted PB Ratio falls into.



Elsaeed Contracting& Real Estate Investment Co SCCD 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, Elsaeed Contracting& Real Estate Investment Co SCCD'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)
=1.676/129.4194*129.4194
=1.676

Current CPI (Dec. 2023) = 129.4194.

Elsaeed Contracting& Real Estate Investment Co SCCD Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.814 100.428 1.049
201412 0.811 99.070 1.059
201503 0.823 99.621 1.069
201506 0.886 100.684 1.139
201509 0.890 100.392 1.147
201512 0.897 99.792 1.163
201603 0.922 100.470 1.188
201606 0.936 101.688 1.191
201609 0.961 101.861 1.221
201612 0.934 101.863 1.187
201703 0.962 102.862 1.210
201706 0.949 103.349 1.188
201709 0.975 104.136 1.212
201712 0.975 104.011 1.213
201803 1.007 105.290 1.238
201806 1.016 106.317 1.237
201809 1.069 106.507 1.299
201812 1.064 105.998 1.299
201903 1.110 107.251 1.339
201906 0.997 108.070 1.194
201909 1.133 108.329 1.354
201912 1.145 108.420 1.367
202003 1.159 108.902 1.377
202006 1.201 108.767 1.429
202009 1.197 109.815 1.411
202012 1.307 109.897 1.539
202103 1.434 111.754 1.661
202106 1.373 114.631 1.550
202109 1.364 115.734 1.525
202112 1.386 117.630 1.525
202203 1.439 121.301 1.535
202206 1.493 125.017 1.546
202209 1.513 125.227 1.564
202212 1.539 125.222 1.591
202303 1.608 127.348 1.634
202306 1.606 128.729 1.615
202309 1.654 129.860 1.648
202312 1.676 129.419 1.676

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


Elsaeed Contracting& Real Estate Investment Co SCCD  (CAI:UEGC) 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.

Elsaeed Contracting& Real Estate Investment Co SCCD's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.728/1.35
=0.54

* 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 Elsaeed Contracting& Real Estate Investment Co SCCD was 0.79. The lowest was 0.42. And the median was 0.48.


Be Aware

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


Elsaeed Contracting& Real Estate Investment Co SCCD Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Elsaeed Contracting& Real Estate Investment Co SCCD's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Elsaeed Contracting& Real Estate Investment Co SCCD (CAI:UEGC) Business Description

Traded in Other Exchanges
N/A
Address
26th July, 5 Avenue, Eleventh Floor, Po Box 89 - Bab El Louk, Cairo, EGY
Elsaeed Contracting& Real Estate Investment Co SCCD constructs buildings. The company constructs low-and medium-income housing, drainage projects, government buildings, and schools.

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