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Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Cyclically Adjusted Book per Share : BHD0.22 (As of Mar. 2024)


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What is Bahrain Car Parks Co (Amakin) BSC 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.

Bahrain Car Parks Co (Amakin) BSC's adjusted book value per share for the three months ended in Mar. 2024 was BHD0.179. 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 BHD0.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bahrain Car Parks Co (Amakin) BSC's average Cyclically Adjusted Book Growth Rate was 4.80% 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 (2024-06-08), Bahrain Car Parks Co (Amakin) BSC's current stock price is BHD0.103. Bahrain Car Parks Co (Amakin) BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BHD0.22. Bahrain Car Parks Co (Amakin) BSC's Cyclically Adjusted PB Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bahrain Car Parks Co (Amakin) BSC was 0.60. The lowest was 0.41. And the median was 0.47.


Bahrain Car Parks Co (Amakin) BSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bahrain Car Parks Co (Amakin) BSC'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.

Bahrain Car Parks Co (Amakin) BSC Cyclically Adjusted Book per Share Chart

Bahrain Car Parks Co (Amakin) BSC 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 - - - 0.21 0.21

Bahrain Car Parks Co (Amakin) BSC 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 0.21 0.22 0.22 0.21 0.22

Competitive Comparison of Bahrain Car Parks Co (Amakin) BSC's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Bahrain Car Parks Co (Amakin) BSC'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.


Bahrain Car Parks Co (Amakin) BSC's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bahrain Car Parks Co (Amakin) BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bahrain Car Parks Co (Amakin) BSC's Cyclically Adjusted PB Ratio falls into.



Bahrain Car Parks Co (Amakin) BSC 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, Bahrain Car Parks Co (Amakin) BSC'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)
=0.179/131.7762*131.7762
=0.179

Current CPI (Mar. 2024) = 131.7762.

Bahrain Car Parks Co (Amakin) BSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.182 100.560 0.238
201409 0.188 100.428 0.247
201412 0.183 99.070 0.243
201503 0.177 99.621 0.234
201506 0.181 100.684 0.237
201509 0.180 100.392 0.236
201512 0.179 99.792 0.236
201603 0.174 100.470 0.228
201606 0.176 101.688 0.228
201609 0.178 101.861 0.230
201612 0.181 101.863 0.234
201703 0.180 102.862 0.231
201706 0.181 103.349 0.231
201709 0.185 104.136 0.234
201712 0.187 104.011 0.237
201803 0.184 105.290 0.230
201806 0.185 106.317 0.229
201809 0.187 106.507 0.231
201812 0.192 105.998 0.239
201903 0.190 107.251 0.233
201906 0.175 108.070 0.213
201909 0.177 108.329 0.215
201912 0.179 108.420 0.218
202003 0.000 108.902 0.000
202006 0.177 108.767 0.214
202009 0.178 109.815 0.214
202012 0.180 109.897 0.216
202103 0.176 111.754 0.208
202106 0.177 114.631 0.203
202109 0.178 115.734 0.203
202112 0.181 117.630 0.203
202203 0.177 121.301 0.192
202206 0.177 125.017 0.187
202209 0.178 125.227 0.187
202212 0.182 125.222 0.192
202303 0.179 127.348 0.185
202306 0.181 128.729 0.185
202309 0.182 129.860 0.185
202312 0.185 129.419 0.188
202403 0.179 131.776 0.179

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


Bahrain Car Parks Co (Amakin) BSC  (BAH:CPARK) 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.

Bahrain Car Parks Co (Amakin) BSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.103/0.22
=0.47

* 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 Bahrain Car Parks Co (Amakin) BSC was 0.60. The lowest was 0.41. And the median was 0.47.


Be Aware

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


Bahrain Car Parks Co (Amakin) BSC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Bahrain Car Parks Co (Amakin) BSC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Business Description

Traded in Other Exchanges
N/A
Address
Building No.128 Government Avenue, Road No. 383, 2nd Floor Office No. 2009, P.O. Box 5298, Block No.316, Car Parks & Commercial Centre, Manama, BHR
Bahrain Car Parks Co (Amakin) BSC is engaged in the sale of other machinery equipment and parts, other marketing promotion activities, operation of car parks, and other activities. Its business segments include Car Park Services, which provides car parks for the public in return for parking charges; Property Rental Income, which is involved in the management, maintenance, and renting of properties; and Investment and Related Services, which include trading in the financial market and investing excess funds in the primary and secondary market; Sales of equipment, which involved in trading in car parks management equipment to the client. Its Property Rental Income segment generates maximum revenue for the company. Geographically the company provides its services only to the Bahrain market.

Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Headlines

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