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United Projects Co for Aviation Services KSCC (KUW:UPAC) Cyclically Adjusted Book per Share : KWD0.40 (As of Mar. 2024)


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What is United Projects Co for Aviation Services KSCC 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.

United Projects Co for Aviation Services KSCC's adjusted book value per share for the three months ended in Mar. 2024 was KWD0.279. 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 KWD0.40 for the trailing ten years ended in Mar. 2024.

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), United Projects Co for Aviation Services KSCC's current stock price is KWD0.138. United Projects Co for Aviation Services KSCC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.40. United Projects Co for Aviation Services KSCC's Cyclically Adjusted PB Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of United Projects Co for Aviation Services KSCC was 0.60. The lowest was 0.32. And the median was 0.45.


United Projects Co for Aviation Services KSCC Cyclically Adjusted Book per Share Historical Data

The historical data trend for United Projects Co for Aviation Services KSCC'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.

United Projects Co for Aviation Services KSCC Cyclically Adjusted Book per Share Chart

United Projects Co for Aviation Services KSCC 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 - - - - 0.40

United Projects Co for Aviation Services KSCC 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 - 0.41 0.41 0.40 0.40

Competitive Comparison of United Projects Co for Aviation Services KSCC's Cyclically Adjusted Book per Share

For the Airports & Air Services subindustry, United Projects Co for Aviation Services KSCC'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.


United Projects Co for Aviation Services KSCC's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, United Projects Co for Aviation Services KSCC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where United Projects Co for Aviation Services KSCC's Cyclically Adjusted PB Ratio falls into.



United Projects Co for Aviation Services KSCC 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, United Projects Co for Aviation Services KSCC'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)
=0.279/131.7762*131.7762
=0.279

Current CPI (Mar. 2024) = 131.7762.

United Projects Co for Aviation Services KSCC Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.382 96.871 0.520
201406 0.000 100.560 0.000
201412 0.276 99.070 0.367
201503 0.000 99.621 0.000
201506 0.252 100.684 0.330
201509 0.000 100.392 0.000
201512 0.288 99.792 0.380
201603 0.307 100.470 0.403
201606 0.257 101.688 0.333
201609 0.282 101.861 0.365
201612 0.305 101.863 0.395
201703 0.328 102.862 0.420
201706 0.351 103.349 0.448
201709 0.376 104.136 0.476
201712 0.401 104.011 0.508
201803 0.466 105.290 0.583
201806 0.369 106.317 0.457
201809 0.388 106.507 0.480
201812 0.405 105.998 0.503
201903 0.453 107.251 0.557
201906 0.444 108.070 0.541
201909 0.463 108.329 0.563
201912 0.476 108.420 0.579
202003 0.465 108.902 0.563
202006 0.450 108.767 0.545
202009 0.450 109.815 0.540
202012 0.267 109.897 0.320
202103 0.266 111.754 0.314
202106 0.269 114.631 0.309
202109 0.269 115.734 0.306
202112 0.270 117.630 0.302
202203 0.271 121.301 0.294
202206 0.273 125.017 0.288
202209 0.276 125.227 0.290
202212 0.274 125.222 0.288
202303 0.275 127.348 0.285
202306 0.275 128.729 0.282
202309 0.283 129.860 0.287
202312 0.278 129.419 0.283
202403 0.279 131.776 0.279

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


United Projects Co for Aviation Services KSCC  (KUW:UPAC) 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.

United Projects Co for Aviation Services KSCC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.138/0.4
=0.35

* 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 United Projects Co for Aviation Services KSCC was 0.60. The lowest was 0.32. And the median was 0.45.


Be Aware

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


United Projects Co for Aviation Services KSCC Cyclically Adjusted Book per Share Related Terms

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


United Projects Co for Aviation Services KSCC (KUW:UPAC) Business Description

Traded in Other Exchanges
N/A
Address
Kuwait International Airport, Mezzanine Parking, P. O. Box 27068, Safat, Kuwait, KWT, 13131
United Projects Co for Aviation Services KSCC is a Kuwait-based company. Its services include project management and consultancy, real estate development, and property and facilities management. The company's services are used by retailers, food and beverage companies, airline companies, and financial institutions. The company operates in two business segments. Investments consist of investing in Reem Mall and surplus funds in investment portfolios. Service operations consist of managing projects and providing airplane ground and cleaning services among other services. The service operations segment generates maximum revenue for the company. Their projects portfolio includes Airport Mall and Facilities, Sheikh Saad Terminal, Discovery Center, and Reem Mall.

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