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Arif Habib (KAR:AHCL) Cyclically Adjusted Book per Share : ₨65.35 (As of Mar. 2024)


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What is Arif Habib 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.

Arif Habib's adjusted book value per share for the three months ended in Mar. 2024 was ₨98.163. 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 ₨65.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Arif Habib's average Cyclically Adjusted Book Growth Rate was 12.60% 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 (2024-06-10), Arif Habib's current stock price is ₨42.18. Arif Habib's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨65.35. Arif Habib's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arif Habib was 0.80. The lowest was 0.39. And the median was 0.61.


Arif Habib Cyclically Adjusted Book per Share Historical Data

The historical data trend for Arif Habib'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.

Arif Habib Cyclically Adjusted Book per Share Chart

Arif Habib Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 48.00 56.66 61.22

Arif Habib Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 58.05 59.54 61.22 63.01 65.35

Competitive Comparison of Arif Habib's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Arif Habib'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.


Arif Habib's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Arif Habib's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Arif Habib 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, Arif Habib'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)
=98.163/131.7762*131.7762
=98.163

Current CPI (Mar. 2024) = 131.7762.

Arif Habib Quarterly Data

Book Value per Share CPI Adj_Book
201403 32.630 99.695 43.130
201406 35.020 100.560 45.891
201409 35.903 100.428 47.110
201412 35.713 99.070 47.503
201503 36.387 99.621 48.132
201506 40.239 100.684 52.665
201509 45.020 100.392 59.094
201512 43.847 99.792 57.900
201603 45.630 100.470 59.848
201606 43.785 101.688 56.740
201609 45.749 101.861 59.185
201612 45.687 101.863 59.104
201703 46.582 102.862 59.676
201706 48.946 103.349 62.409
201709 50.356 104.136 63.722
201712 47.361 104.011 60.004
201803 48.886 105.290 61.184
201806 49.225 106.317 61.013
201809 47.987 106.507 59.372
201812 46.792 105.998 58.172
201903 46.983 107.251 57.727
201906 47.446 108.070 57.854
201909 51.039 108.329 62.086
201912 53.957 108.420 65.581
202003 52.443 108.902 63.459
202006 56.996 108.767 69.053
202009 63.105 109.815 75.725
202012 65.088 109.897 78.046
202103 68.118 111.754 80.322
202106 10.085 114.631 11.593
202109 75.081 115.734 85.488
202112 77.563 117.630 86.891
202203 79.476 121.301 86.339
202206 78.456 125.017 82.698
202209 83.466 125.227 87.832
202212 80.570 125.222 84.787
202303 79.137 127.348 81.889
202306 83.540 128.729 85.518
202309 89.882 129.860 91.209
202403 98.163 131.776 98.163

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


Arif Habib  (KAR:AHCL) 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.

Arif Habib's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=42.18/65.35
=0.65

* 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 Arif Habib was 0.80. The lowest was 0.39. And the median was 0.61.


Be Aware

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


Arif Habib Cyclically Adjusted Book per Share Related Terms

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


Arif Habib (KAR:AHCL) Business Description

Traded in Other Exchanges
N/A
Address
23 M.T. Khan Road, Arif Habib Centre, 2nd Floor, Karachi, SD, PAK, 74000
Arif Habib Corp Ltd generates and sells electricity in Pakistan. It is also engaged in providing equity and debt brokerage, as well as corporate finance services to institutional, corporate, high-net-worth, and retail clients. Its segments are Capital market operations; Brokerage; Energy Development, and Others. The firm generates the majority of revenue from the Energy segment. The Energy segment is engaged in energy development. The brokerage segment is engaged in brokerage, underwriting, corporate consultancy, research, and corporate finance services. Capital market operations segment is engaged in trading of equity securities and maintaining strategic and trading portfolios. Others include assets of RCPL.

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