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Saudi Basic Industries (SAU:2010) Cyclically Adjusted Book per Share : ﷼66.82 (As of Mar. 2024)


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What is Saudi Basic Industries 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.

Saudi Basic Industries's adjusted book value per share for the three months ended in Mar. 2024 was ﷼55.653. 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 ﷼66.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saudi Basic Industries's average Cyclically Adjusted Book Growth Rate was 1.80% 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 (2024-05-30), Saudi Basic Industries's current stock price is ﷼75.50. Saudi Basic Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼66.82. Saudi Basic Industries's Cyclically Adjusted PB Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saudi Basic Industries was 2.23. The lowest was 1.15. And the median was 1.38.


Saudi Basic Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Saudi Basic Industries'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.

Saudi Basic Industries Cyclically Adjusted Book per Share Chart

Saudi Basic Industries 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 - - 60.66 64.60 66.01

Saudi Basic Industries 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 65.61 66.17 66.56 66.01 66.82

Competitive Comparison of Saudi Basic Industries's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Saudi Basic Industries'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.


Saudi Basic Industries's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Saudi Basic Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Saudi Basic Industries's Cyclically Adjusted PB Ratio falls into.



Saudi Basic Industries 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, Saudi Basic Industries'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)
=55.653/131.7762*131.7762
=55.653

Current CPI (Mar. 2024) = 131.7762.

Saudi Basic Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 53.186 100.560 69.697
201409 52.886 100.428 69.394
201412 53.780 99.070 71.535
201503 55.429 99.621 73.320
201506 53.805 100.684 70.421
201509 52.933 100.392 69.481
201512 52.099 99.792 68.797
201603 55.322 100.470 72.560
201606 53.627 101.688 69.494
201609 53.129 101.861 68.732
201612 52.512 101.863 67.933
201703 54.318 102.862 69.586
201706 52.200 103.349 66.558
201709 53.933 104.136 68.248
201712 54.641 104.011 69.227
201803 19.657 105.290 24.602
201806 70.453 106.317 87.324
201809 56.388 106.507 69.766
201812 61.267 105.998 76.167
201903 58.350 107.251 71.693
201906 56.512 108.070 68.909
201909 55.884 108.329 67.980
201912 59.574 108.420 72.408
202003 55.649 108.902 67.338
202006 54.504 108.767 66.034
202009 55.011 109.815 66.012
202012 55.875 109.897 66.999
202103 57.144 111.754 67.382
202106 56.445 114.631 64.887
202109 57.995 115.734 66.034
202112 60.047 117.630 67.269
202203 62.528 121.301 67.928
202206 60.219 125.017 63.475
202209 60.959 125.227 64.147
202212 62.015 125.222 65.261
202303 62.327 127.348 64.494
202306 58.927 128.729 60.322
202309 57.967 129.860 58.823
202312 55.810 129.419 56.826
202403 55.653 131.776 55.653

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


Saudi Basic Industries  (SAU:2010) 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.

Saudi Basic Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=75.50/66.82
=1.13

* 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 Saudi Basic Industries was 2.23. The lowest was 1.15. And the median was 1.38.


Be Aware

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


Saudi Basic Industries Cyclically Adjusted Book per Share Related Terms

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


Saudi Basic Industries (SAU:2010) Business Description

Traded in Other Exchanges
N/A
Address
Qurtubah District, P.O. Box 5101, Riyadh, SAU, 11422
Saudi Basic Industries Corp is a chemical manufacturer in Saudi Arabia. The primary business segments of the company are Petrochemicals and Specialties, Agri-nutrients, and Hadeed. In Petrochemicals and Specialties segment products are produced from hydrocarbon feedstock including methane, ethane, and propane, it also includes the production of a range of fertilisers; including urea, ammonia, phosphate, as well as compound fertilisers. The Hadeed is concerned with production of steel products, long products and flat products. The company derives maximum revenue from Petrochemicals and Specialties segment. Geographically, it generates maximum revenue from Europe.

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