GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Seef Properties BSC (BAH:SEEF) » Definitions » Cyclically Adjusted Book per Share

Seef Properties BSC (BAH:SEEF) Cyclically Adjusted Book per Share : BHD0.38 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Seef Properties 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.

Seef Properties BSC's adjusted book value per share for the three months ended in Mar. 2024 was BHD0.344. 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 BHD0.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Seef Properties BSC's average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% 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 Seef Properties BSC was 6.10% per year. The lowest was 6.10% per year. And the median was 6.10% per year.

As of today (2024-06-04), Seef Properties BSC's current stock price is BHD0.125. Seef Properties BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BHD0.38. Seef Properties BSC's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seef Properties BSC was 0.60. The lowest was 0.33. And the median was 0.47.


Seef Properties BSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seef Properties 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.

Seef Properties BSC Cyclically Adjusted Book per Share Chart

Seef Properties 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 - 0.31 0.33 0.36 0.37

Seef Properties 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 0.36 0.37 0.37 0.37 0.38

Competitive Comparison of Seef Properties BSC's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Seef Properties 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.


Seef Properties BSC's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Seef Properties BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Seef Properties BSC's Cyclically Adjusted PB Ratio falls into.



Seef Properties 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, Seef Properties 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)
=0.344/131.7762*131.7762
=0.344

Current CPI (Mar. 2024) = 131.7762.

Seef Properties BSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.267 100.560 0.350
201409 0.271 100.428 0.356
201412 0.283 99.070 0.376
201503 0.276 99.621 0.365
201506 0.281 100.684 0.368
201509 0.287 100.392 0.377
201512 0.293 99.792 0.387
201603 0.286 100.470 0.375
201606 0.291 101.688 0.377
201609 0.297 101.861 0.384
201612 0.305 101.863 0.395
201703 0.296 102.862 0.379
201706 0.302 103.349 0.385
201709 0.308 104.136 0.390
201712 0.314 104.011 0.398
201803 0.304 105.290 0.380
201806 0.314 106.317 0.389
201809 0.320 106.507 0.396
201812 0.328 105.998 0.408
201903 0.317 107.251 0.389
201906 0.322 108.070 0.393
201909 0.328 108.329 0.399
201912 0.336 108.420 0.408
202003 0.000 108.902 0.000
202006 0.327 108.767 0.396
202009 0.329 109.815 0.395
202012 0.331 109.897 0.397
202103 0.329 111.754 0.388
202106 0.331 114.631 0.381
202109 0.333 115.734 0.379
202112 0.337 117.630 0.378
202203 0.334 121.301 0.363
202206 0.337 125.017 0.355
202209 0.342 125.227 0.360
202212 0.344 125.222 0.362
202303 0.340 127.348 0.352
202306 0.343 128.729 0.351
202309 0.347 129.860 0.352
202312 0.350 129.419 0.356
202403 0.344 131.776 0.344

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


Seef Properties BSC  (BAH:SEEF) 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.

Seef Properties BSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.125/0.38
=0.33

* 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 Seef Properties BSC was 0.60. The lowest was 0.33. 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.


Seef Properties BSC Cyclically Adjusted Book per Share Related Terms

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


Seef Properties BSC (BAH:SEEF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Building 2102, Road 2825, Block 428, P.O. Box 20084,, Seef District, Manama, BHR
Seef Properties BSC is an integrated real estate development company in the Kingdom of Bahrain. The company specialised in developing and managing commercial leisure and recreational facilities. It also owns and manages three Seef Malls located in different areas around the Kingdom. Magic Island, is an Indoor theme park located within its Malls. Al Liwan, a mixed-use development project, and Fraser Suites Seef Bahrain serviced apartments located in Seef Mall and managed by Fraser Suites, a global hospitality brand.

Seef Properties BSC (BAH:SEEF) Headlines

No Headlines