GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shikun & Binui Ltd (OTCPK:SKBNF) » Definitions » Cyclically Adjusted Book per Share

Shikun & Binui (Shikun & Binui) Cyclically Adjusted Book per Share : $4.30 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Shikun & Binui 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.

Shikun & Binui's adjusted book value per share for the three months ended in Mar. 2024 was $2.490. 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 $4.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shikun & Binui's average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Shikun & Binui was 15.10% per year. The lowest was 15.10% per year. And the median was 15.10% per year.

As of today (2024-06-06), Shikun & Binui's current stock price is $2.18. Shikun & Binui's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.30. Shikun & Binui's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shikun & Binui was 4.84. The lowest was 1.06. And the median was 3.16.


Shikun & Binui Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shikun & Binui'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.

Shikun & Binui Cyclically Adjusted Book per Share Chart

Shikun & Binui 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 - 1.34 1.52 3.40 3.68

Shikun & Binui 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 5.19 4.53 3.62 3.68 4.30

Competitive Comparison of Shikun & Binui's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Shikun & Binui'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.


Shikun & Binui's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shikun & Binui's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shikun & Binui's Cyclically Adjusted PB Ratio falls into.



Shikun & Binui 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, Shikun & Binui'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)
=2.49/131.7762*131.7762
=2.490

Current CPI (Mar. 2024) = 131.7762.

Shikun & Binui Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.611 100.560 0.801
201409 0.771 100.428 1.012
201412 0.934 99.070 1.242
201503 0.985 99.621 1.303
201506 0.886 100.684 1.160
201509 1.092 100.392 1.433
201512 1.096 99.792 1.447
201603 1.066 100.470 1.398
201606 1.047 101.688 1.357
201609 1.081 101.861 1.398
201612 1.249 101.863 1.616
201703 1.113 102.862 1.426
201706 1.039 103.349 1.325
201709 1.110 104.136 1.405
201712 1.215 104.011 1.539
201803 1.230 105.290 1.539
201806 1.385 106.317 1.717
201809 1.351 106.507 1.672
201812 1.657 105.998 2.060
201903 1.923 107.251 2.363
201906 1.841 108.070 2.245
201909 1.758 108.329 2.139
201912 1.693 108.420 2.058
202003 1.783 108.902 2.158
202006 1.710 108.767 2.072
202009 1.704 109.815 2.045
202012 1.770 109.897 2.122
202103 1.825 111.754 2.152
202106 1.782 114.631 2.049
202109 1.842 115.734 2.097
202112 1.785 117.630 2.000
202203 1.861 121.301 2.022
202206 2.129 125.017 2.244
202209 2.324 125.227 2.446
202212 2.301 125.222 2.421
202303 2.376 127.348 2.459
202306 1.889 128.729 1.934
202309 2.603 129.860 2.641
202312 2.492 129.419 2.537
202403 2.490 131.776 2.490

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


Shikun & Binui  (OTCPK:SKBNF) 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.

Shikun & Binui's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.18/4.3
=0.51

* 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 Shikun & Binui was 4.84. The lowest was 1.06. And the median was 3.16.


Be Aware

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


Shikun & Binui Cyclically Adjusted Book per Share Related Terms

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


Shikun & Binui (Shikun & Binui) Business Description

Industry
Traded in Other Exchanges
Address
1A Hayarden Street, P.O.B 1133, Airport City, ISR, 7010000
Shikun & Binui is an Israel-based company that carries out public-private partnership projects that focus on the financing, construction, and operation of infrastructure and civil engineering projects; development and construction of residential buildings and commercial projects; operation of rental properties; development of power generation facilities based on solar photovoltaic energy; solar thermal energy; and operation of water desalination and purification initiatives. The construction segments make up the majority of the company's revenue. Shikun & Binui's key areas of operation are the Americas, Africa, Europe, and Israel.