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EFG HoldingE (CAI:HRHO) Cyclically Adjusted Book per Share : E£11.20 (As of Jun. 2023)


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What is EFG HoldingE 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.

EFG HoldingE's adjusted book value per share for the three months ended in Jun. 2023 was E£14.782. 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£11.20 for the trailing ten years ended in Jun. 2023.

During the past 12 months, EFG HoldingE's average Cyclically Adjusted Book Growth Rate was -100.00% 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.

As of today (2024-06-04), EFG HoldingE's current stock price is E£17.60. EFG HoldingE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was E£11.20. EFG HoldingE's Cyclically Adjusted PB Ratio of today is 1.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of EFG HoldingE was 1.90. The lowest was 0.76. And the median was 1.19.


EFG HoldingE Cyclically Adjusted Book per Share Historical Data

The historical data trend for EFG HoldingE'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.

EFG HoldingE Cyclically Adjusted Book per Share Chart

EFG HoldingE 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 - - 9.88 10.67 -

EFG HoldingE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 10.59 10.67 10.97 11.20 -

Competitive Comparison of EFG HoldingE's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, EFG HoldingE'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.


EFG HoldingE's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, EFG HoldingE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where EFG HoldingE's Cyclically Adjusted PB Ratio falls into.



EFG HoldingE 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, EFG HoldingE's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=14.782/128.7287*128.7287
=14.782

Current CPI (Jun. 2023) = 128.7287.

EFG HoldingE Quarterly Data

Book Value per Share CPI Adj_Book
201309 9.554 98.790 12.449
201312 6.019 98.326 7.880
201403 6.359 99.695 8.211
201406 6.514 100.560 8.339
201409 6.683 100.428 8.566
201412 6.693 99.070 8.697
201503 7.084 99.621 9.154
201506 7.138 100.684 9.126
201509 8.308 100.392 10.653
201512 7.718 99.792 9.956
201603 8.397 100.470 10.759
201606 6.770 101.688 8.570
201609 6.859 101.861 8.668
201612 10.610 101.863 13.408
201703 10.701 102.862 13.392
201706 9.513 103.349 11.849
201709 9.407 104.136 11.629
201712 9.863 104.011 12.207
201803 10.031 105.290 12.264
201806 10.087 106.317 12.213
201809 10.268 106.507 12.410
201812 10.108 105.998 12.276
201903 10.097 107.251 12.119
201906 9.784 108.070 11.654
201909 10.152 108.329 12.064
201912 9.872 108.420 11.721
202003 9.180 108.902 10.851
202006 9.372 108.767 11.092
202009 9.590 109.815 11.242
202012 9.850 109.897 11.538
202103 10.021 111.754 11.543
202106 10.211 114.631 11.467
202109 10.438 115.734 11.610
202112 10.033 117.630 10.980
202203 10.675 121.301 11.329
202206 11.053 125.017 11.381
202209 11.276 125.227 11.591
202212 12.990 125.222 13.354
202303 14.722 127.348 14.882
202306 14.782 128.729 14.782

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


EFG HoldingE  (CAI:HRHO) 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.

EFG HoldingE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.60/11.2
=1.57

* 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 EFG HoldingE was 1.90. The lowest was 0.76. And the median was 1.19.


Be Aware

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


EFG HoldingE Cyclically Adjusted Book per Share Related Terms

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


EFG HoldingE (CAI:HRHO) Business Description

Industry
Traded in Other Exchanges
Address
Alexandria Desert Road, 6 October, Smart Village building No. B129, Phase 3, KM 28, Cairo, EGY, 12577
Egyptian Financial Group-Hermes Holding Co is a provider of investment banking products and services in the Middle East. The company is headquartered in Egypt and conducts the majority of its business domestically. The bank also has operations in Gulf countries and Lebanon. The company generates the majority of its revenue through brokerage services. In addition, the bank generates revenue through asset-management products, such as traditional and alternative investments, fixed-income, money market, equity, and Shariah-compliant mandates. The bank also engages in equity research, strategy and macroeconomic forecasts, industrial research, and private equity services for its clients.

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