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Misr National Steel (CAI:ATQA) Cyclically Adjusted Book per Share : E£0.54 (As of Mar. 2023)


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What is Misr National Steel 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.

Misr National Steel's adjusted book value per share for the three months ended in Mar. 2023 was E£0.977. 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 E£0.54 for the trailing ten years ended in Mar. 2023.

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 (2024-05-31), Misr National Steel's current stock price is E£3.02. Misr National Steel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was E£0.54. Misr National Steel's Cyclically Adjusted PB Ratio of today is 5.59.


Misr National Steel Cyclically Adjusted Book per Share Historical Data

The historical data trend for Misr National Steel'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.

Misr National Steel Cyclically Adjusted Book per Share Chart

Misr National Steel Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.45 0.51

Misr National Steel Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 0.45 0.47 0.50 0.51 0.54

Competitive Comparison of Misr National Steel's Cyclically Adjusted Book per Share

For the Steel subindustry, Misr National Steel'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.


Misr National Steel's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Misr National Steel's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Misr National Steel's Cyclically Adjusted PB Ratio falls into.



Misr National Steel 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, Misr National Steel's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.977/127.3478*127.3478
=0.977

Current CPI (Mar. 2023) = 127.3478.

Misr National Steel Quarterly Data

Book Value per Share CPI Adj_Book
201303 0.000 98.209 0.000
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 0.279 98.326 0.361
201403 0.166 99.695 0.212
201406 0.170 100.560 0.215
201409 0.183 100.428 0.232
201412 0.195 99.070 0.251
201503 0.202 99.621 0.258
201506 0.225 100.684 0.285
201509 0.262 100.392 0.332
201512 0.275 99.792 0.351
201603 0.301 100.470 0.382
201606 0.289 101.688 0.362
201609 0.312 101.861 0.390
201612 0.346 101.863 0.433
201703 0.383 102.862 0.474
201706 0.402 103.349 0.495
201709 0.422 104.136 0.516
201712 0.487 104.011 0.596
201803 0.000 105.290 0.000
201806 0.591 106.317 0.708
201809 0.619 106.507 0.740
201812 0.609 105.998 0.732
201903 0.633 107.251 0.752
201906 0.600 108.070 0.707
201909 0.000 108.329 0.000
201912 0.613 108.420 0.720
202003 0.624 108.902 0.730
202006 0.629 108.767 0.736
202009 0.629 109.815 0.729
202012 0.609 109.897 0.706
202103 0.662 111.754 0.754
202106 0.058 114.631 0.064
202109 0.664 115.734 0.731
202112 0.692 117.630 0.749
202203 0.669 121.301 0.702
202206 0.665 125.017 0.677
202212 0.869 125.222 0.884
202303 0.977 127.348 0.977

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


Misr National Steel  (CAI:ATQA) 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.

Misr National Steel's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.02/0.54
=5.59

* 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.


Be Aware

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


Misr National Steel Cyclically Adjusted Book per Share Related Terms

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


Misr National Steel (CAI:ATQA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
34 Damascus Sreet, Syria Street, Mohandessin, Giza, EGY
Misr National Steel operates in steel industry. The company' products are rebars specification, chemical composition and dimensions.

Misr National Steel (CAI:ATQA) Headlines

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