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Rabigh Refining & Petrochemical Co (SAU:2380) Cyclically Adjusted Book per Share : ﷼8.69 (As of Dec. 2023)


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What is Rabigh Refining & Petrochemical 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.

Rabigh Refining & Petrochemical Co's adjusted book value per share for the three months ended in Dec. 2023 was ﷼6.314. 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 ﷼8.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rabigh Refining & Petrochemical Co's average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.30% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Rabigh Refining & Petrochemical Co was 4.30% per year. The lowest was 4.30% per year. And the median was 4.30% per year.

As of today (2024-04-28), Rabigh Refining & Petrochemical Co's current stock price is ﷼7.35. Rabigh Refining & Petrochemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ﷼8.69. Rabigh Refining & Petrochemical Co's Cyclically Adjusted PB Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rabigh Refining & Petrochemical Co was 2.85. The lowest was 0.85. And the median was 1.33.


Rabigh Refining & Petrochemical Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rabigh Refining & Petrochemical 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.

Rabigh Refining & Petrochemical Co Cyclically Adjusted Book per Share Chart

Rabigh Refining & Petrochemical 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 - 7.66 8.02 8.50 8.69

Rabigh Refining & 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 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 8.50 8.65 8.74 8.80 8.69

Competitive Comparison of Rabigh Refining & Petrochemical Co's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Rabigh Refining & 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.


Rabigh Refining & Petrochemical Co's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Rabigh Refining & Petrochemical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Rabigh Refining & Petrochemical Co's Cyclically Adjusted PB Ratio falls into.



Rabigh Refining & Petrochemical 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, Rabigh Refining & 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)
=6.314/129.4194*129.4194
=6.314

Current CPI (Dec. 2023) = 129.4194.

Rabigh Refining & Petrochemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.458 99.695 9.682
201406 7.586 100.560 9.763
201409 7.810 100.428 10.065
201412 7.641 99.070 9.982
201503 7.799 99.621 10.132
201506 8.203 100.684 10.544
201509 7.473 100.392 9.634
201512 6.682 99.792 8.666
201603 6.649 100.470 8.565
201606 6.729 101.688 8.564
201609 6.555 101.861 8.328
201612 6.713 101.863 8.529
201703 6.425 102.862 8.084
201706 6.712 103.349 8.405
201709 7.337 104.136 9.118
201712 8.065 104.011 10.035
201803 8.364 105.290 10.281
201806 8.257 106.317 10.051
201809 8.507 106.507 10.337
201812 8.429 105.998 10.291
201903 8.678 107.251 10.472
201906 8.509 108.070 10.190
201909 8.881 108.329 10.610
201912 8.029 108.420 9.584
202003 6.592 108.902 7.834
202006 5.445 108.767 6.479
202009 4.957 109.815 5.842
202012 4.960 109.897 5.841
202103 5.485 111.754 6.352
202106 6.066 114.631 6.849
202109 6.239 115.734 6.977
202112 6.641 117.630 7.307
202203 7.251 121.301 7.736
202206 6.384 125.017 6.609
202209 10.129 125.227 10.468
202212 9.129 125.222 9.435
202303 8.552 127.348 8.691
202306 7.836 128.729 7.878
202309 7.151 129.860 7.127
202312 6.314 129.419 6.314

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


Rabigh Refining & Petrochemical Co  (SAU:2380) 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.

Rabigh Refining & Petrochemical Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.35/8.69
=0.85

* 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 Rabigh Refining & Petrochemical Co was 2.85. The lowest was 0.85. And the median was 1.33.


Be Aware

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


Rabigh Refining & Petrochemical Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Rabigh Refining & Petrochemical Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Rabigh Refining & Petrochemical Co (SAU:2380) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 101, Rabigh, SAU, 21911
Rabigh Refining & Petrochemical Co is engaged in the development, construction, and operation of an integrated petroleum refining and petrochemical complex. The company's operating segment include Refined Products and Petrochemicals. It generates maximum revenue from the Refined products segment. The company's Refined products include Fuel Oil; Gas Oil; Gasoline; Kerosene; Naphtha and LPG. Its Petrochemicals division producing petrochemical products, such as polyethylene, mono ethylene glycol, polypropylene, and propylene oxide from crude oil, ethane, and butane.

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