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Thevola Group (SAU:2050) Cyclically Adjusted Book per Share : ﷼19.61 (As of Mar. 2024)


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What is Thevola Group 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.

Thevola Group's adjusted book value per share for the three months ended in Mar. 2024 was ﷼15.864. 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 ﷼19.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Thevola Group's average Cyclically Adjusted Book Growth Rate was -0.20% 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 (2024-06-08), Thevola Group's current stock price is ﷼42.00. Thevola Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼19.61. Thevola Group's Cyclically Adjusted PB Ratio of today is 2.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thevola Group was 2.96. The lowest was 1.36. And the median was 1.84.


Thevola Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Thevola Group'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.

Thevola Group Cyclically Adjusted Book per Share Chart

Thevola Group 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 - - 18.77 19.44 19.47

Thevola Group 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 19.65 19.72 19.74 19.47 19.61

Competitive Comparison of Thevola Group's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Thevola Group'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.


Thevola Group's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thevola Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thevola Group 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, Thevola Group'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)
=15.864/131.7762*131.7762
=15.864

Current CPI (Mar. 2024) = 131.7762.

Thevola Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.777 100.560 25.916
201409 19.360 100.428 25.403
201412 18.667 99.070 24.830
201503 18.923 99.621 25.031
201506 19.620 100.684 25.679
201509 19.243 100.392 25.259
201512 19.156 99.792 25.296
201603 18.999 100.470 24.919
201606 19.123 101.688 24.781
201609 19.049 101.861 24.643
201612 15.388 101.863 19.907
201703 15.386 102.862 19.711
201706 15.759 103.349 20.094
201709 17.219 104.136 21.789
201712 16.534 104.011 20.948
201803 16.083 105.290 20.129
201806 15.385 106.317 19.069
201809 14.297 106.507 17.689
201812 13.348 105.998 16.594
201903 13.374 107.251 16.432
201906 13.554 108.070 16.527
201909 13.959 108.329 16.980
201912 14.214 108.420 17.276
202003 14.251 108.902 17.244
202006 14.465 108.767 17.525
202009 15.290 109.815 18.348
202012 15.426 109.897 18.497
202103 15.931 111.754 18.785
202106 15.800 114.631 18.163
202109 15.780 115.734 17.967
202112 15.147 117.630 16.969
202203 15.333 121.301 16.657
202206 15.480 125.017 16.317
202209 15.752 125.227 16.576
202212 15.493 125.222 16.304
202303 15.936 127.348 16.490
202306 15.386 128.729 15.750
202309 15.607 129.860 15.837
202312 15.902 129.419 16.192
202403 15.864 131.776 15.864

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


Thevola Group  (SAU:2050) 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.

Thevola Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=42.00/19.61
=2.14

* 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 Thevola Group was 2.96. The lowest was 1.36. And the median was 1.84.


Be Aware

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


Thevola Group Cyclically Adjusted Book per Share Related Terms

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


Thevola Group (SAU:2050) Business Description

Traded in Other Exchanges
N/A
Address
Prince Faisal Bin Fahad Street, Savola Tower, The Headquarter Business Park, Ashati District, 2444 Taha Khusaifan-Ashati, Unit Number 15, Jeddah, SAU, 23511-7333
The Savola Group is a strategic investment holding company. It is focused on the food and retail sectors, with operations in the Middle East, Turkey and other regions. It is organized into the following operating segments namely Foods processing, Retail, Food Services, Frozen food and Investment. The group derives majority of revenue from the Foods processing segment which consists of includes manufacturing, sale and distribution of Edible oils, Sugar, Pasta, Spices, Nuts, Pulses and other food products.

Thevola Group (SAU:2050) Headlines

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