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Combined Group Contracting K C (KUW:CGC) Cyclically Adjusted Book per Share : KWD0.31 (As of Mar. 2024)


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What is Combined Group Contracting K C 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.

Combined Group Contracting K C's adjusted book value per share for the three months ended in Mar. 2024 was KWD0.346. 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 KWD0.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Combined Group Contracting K C's average Cyclically Adjusted Book Growth Rate was 3.30% 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.

As of today (2024-06-10), Combined Group Contracting K C's current stock price is KWD0.66. Combined Group Contracting K C's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.31. Combined Group Contracting K C's Cyclically Adjusted PB Ratio of today is 2.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Combined Group Contracting K C was 1.95. The lowest was 1.22. And the median was 1.41.


Combined Group Contracting K C Cyclically Adjusted Book per Share Historical Data

The historical data trend for Combined Group Contracting K C'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.

Combined Group Contracting K C Cyclically Adjusted Book per Share Chart

Combined Group Contracting K C 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 - - - 0.30 0.31

Combined Group Contracting K C Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.30 0.30 0.31 0.31 0.31

Competitive Comparison of Combined Group Contracting K C's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Combined Group Contracting K C'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.


Combined Group Contracting K C's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Combined Group Contracting K C's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Combined Group Contracting K C's Cyclically Adjusted PB Ratio falls into.



Combined Group Contracting K C 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, Combined Group Contracting K C'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)
=0.346/131.7762*131.7762
=0.346

Current CPI (Mar. 2024) = 131.7762.

Combined Group Contracting K C Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.224 100.560 0.294
201409 0.000 100.428 0.000
201412 0.242 99.070 0.322
201503 0.247 99.621 0.327
201506 0.232 100.684 0.304
201509 0.236 100.392 0.310
201512 0.244 99.792 0.322
201603 0.239 100.470 0.313
201606 0.230 101.688 0.298
201609 0.235 101.861 0.304
201612 0.254 101.863 0.329
201703 0.257 102.862 0.329
201706 0.241 103.349 0.307
201709 0.247 104.136 0.313
201712 0.264 104.011 0.334
201803 0.271 105.290 0.339
201806 0.259 106.317 0.321
201809 0.263 106.507 0.325
201812 0.273 105.998 0.339
201903 0.286 107.251 0.351
201906 0.272 108.070 0.332
201909 0.274 108.329 0.333
201912 0.274 108.420 0.333
202003 0.256 108.902 0.310
202006 0.235 108.767 0.285
202009 0.235 109.815 0.282
202012 0.224 109.897 0.269
202103 0.228 111.754 0.269
202106 0.227 114.631 0.261
202109 0.253 115.734 0.288
202112 0.273 117.630 0.306
202203 0.280 121.301 0.304
202206 0.269 125.017 0.284
202209 0.283 125.227 0.298
202212 0.307 125.222 0.323
202303 0.317 127.348 0.328
202306 0.299 128.729 0.306
202309 0.309 129.860 0.314
202312 0.328 129.419 0.334
202403 0.346 131.776 0.346

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


Combined Group Contracting K C  (KUW:CGC) 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.

Combined Group Contracting K C's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.66/0.31
=2.13

* 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 Combined Group Contracting K C was 1.95. The lowest was 1.22. And the median was 1.41.


Be Aware

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


Combined Group Contracting K C Cyclically Adjusted Book per Share Related Terms

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


Combined Group Contracting K C (KUW:CGC) Business Description

Traded in Other Exchanges
N/A
Address
Al Ardiya Industrial, P.O. Box : 4819, Block No. 2, Plot No. 284, Kuwait City, KWT, 13049
Combined Group Contracting SA K C is a Kuwait-based company engaged in the construction industry. It undertakes general contracting, mechanical works, engineering works; packaging cement, sand, and related materials; Asphalt production, constructions works of building, ways, bridges and managing, controlling them and their related works and many other activities. The group has the operations in State of Kuwait and Gulf Countries of which it earns the majority of revenue share from Kuwait region.