GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Yanbu Cement Co (SAU:3060) » Definitions » Cyclically Adjusted Book per Share

Yanbu Cement Co (SAU:3060) Cyclically Adjusted Book per Share : ﷼24.53 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Yanbu Cement Co 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.

Yanbu Cement Co's adjusted book value per share for the three months ended in Mar. 2024 was ﷼17.208. 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 ﷼24.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yanbu Cement Co's average Cyclically Adjusted Book Growth Rate was -0.60% 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 (2024-06-09), Yanbu Cement Co's current stock price is ﷼28.10. Yanbu Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼24.53. Yanbu Cement Co's Cyclically Adjusted PB Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yanbu Cement Co was 2.00. The lowest was 1.13. And the median was 1.54.


Yanbu Cement Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yanbu Cement Co'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.

Yanbu Cement Co Cyclically Adjusted Book per Share Chart

Yanbu Cement Co 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 - - 23.70 24.45 24.32

Yanbu Cement Co 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 24.69 24.69 24.67 24.32 24.53

Competitive Comparison of Yanbu Cement Co's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Yanbu Cement Co'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.


Yanbu Cement Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Yanbu Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yanbu Cement Co's Cyclically Adjusted PB Ratio falls into.



Yanbu Cement Co 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, Yanbu Cement Co'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)
=17.208/131.7762*131.7762
=17.208

Current CPI (Mar. 2024) = 131.7762.

Yanbu Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.648 100.560 28.368
201409 21.182 100.428 27.794
201412 22.410 99.070 29.808
201503 23.725 99.621 31.383
201506 22.770 100.684 29.802
201509 22.188 100.392 29.124
201512 23.440 99.792 30.953
201603 24.682 100.470 32.373
201606 21.174 101.688 27.439
201609 21.767 101.861 28.160
201612 22.269 101.863 28.809
201703 21.103 102.862 27.035
201706 20.864 103.349 26.603
201709 20.978 104.136 26.546
201712 21.538 104.011 27.287
201803 21.790 105.290 27.272
201806 20.565 106.317 25.490
201809 20.149 106.507 24.929
201812 20.374 105.998 25.329
201903 20.834 107.251 25.598
201906 20.575 108.070 25.088
201909 20.218 108.329 24.594
201912 20.775 108.420 25.250
202003 21.359 108.902 25.845
202006 20.342 108.767 24.645
202009 19.819 109.815 23.782
202012 19.026 109.897 22.814
202103 19.488 111.754 22.979
202106 19.751 114.631 22.705
202109 18.686 115.734 21.276
202112 17.745 117.630 19.879
202203 17.992 121.301 19.546
202206 17.547 125.017 18.496
202209 17.978 125.227 18.918
202212 17.579 125.222 18.499
202303 17.903 127.348 18.526
202306 16.627 128.729 17.021
202309 16.740 129.860 16.987
202312 16.838 129.419 17.145
202403 17.208 131.776 17.208

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


Yanbu Cement Co  (SAU:3060) 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.

Yanbu Cement Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=28.10/24.53
=1.15

* 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 Yanbu Cement Co was 2.00. The lowest was 1.13. And the median was 1.54.


Be Aware

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


Yanbu Cement Co Cyclically Adjusted Book per Share Related Terms

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


Yanbu Cement Co (SAU:3060) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Al Baghdadiyah Al Gharbiyah District, P.O. Box 5530, Jeddah, SAU, 21422
Yanbu Cement Co is engaged in manufacturing, producing, and trading cement and its related products. It generates revenue from bulk and packed cement, cement bags, and raw cement. The company product portfolio includes Ordinary Portland Cement - Premium; Ordinary Portland Cement; Pozzolana Portland Cement; Mixed Finishes Cement; and Sulfate Resistant Cement.

Yanbu Cement Co (SAU:3060) Headlines

No Headlines