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Banqueudi Fransi (SAU:1050) Cyclically Adjusted Book per Share : ﷼33.16 (As of Mar. 2024)


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What is Banqueudi Fransi 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.

Banqueudi Fransi's adjusted book value per share for the three months ended in Mar. 2024 was ﷼35.033. 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 ﷼33.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Banqueudi Fransi's 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.

As of today (2024-06-07), Banqueudi Fransi's current stock price is ﷼35.05. Banqueudi Fransi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼33.16. Banqueudi Fransi's Cyclically Adjusted PB Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banqueudi Fransi was 1.93. The lowest was 1.01. And the median was 1.39.


Banqueudi Fransi Cyclically Adjusted Book per Share Historical Data

The historical data trend for Banqueudi Fransi'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.

Banqueudi Fransi Cyclically Adjusted Book per Share Chart

Banqueudi Fransi 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 - - 27.81 30.51 32.36

Banqueudi Fransi 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 31.24 31.78 32.24 32.36 33.16

Competitive Comparison of Banqueudi Fransi's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Banqueudi Fransi'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.


Banqueudi Fransi's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banqueudi Fransi's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Banqueudi Fransi's Cyclically Adjusted PB Ratio falls into.



Banqueudi Fransi 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, Banqueudi Fransi'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)
=35.033/131.7762*131.7762
=35.033

Current CPI (Mar. 2024) = 131.7762.

Banqueudi Fransi Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.929 100.560 27.426
201409 20.947 100.428 27.486
201412 21.968 99.070 29.220
201503 23.282 99.621 30.797
201506 23.188 100.684 30.349
201509 23.529 100.392 30.885
201512 22.808 99.792 30.118
201603 24.107 100.470 31.619
201606 23.769 101.688 30.802
201609 23.622 101.861 30.559
201612 24.646 101.863 31.884
201703 25.537 102.862 32.715
201706 26.248 103.349 33.468
201709 26.317 104.136 33.302
201712 26.406 104.011 33.455
201803 26.434 105.290 33.084
201806 26.775 106.317 33.187
201809 26.552 106.507 32.852
201812 25.740 105.998 32.000
201903 26.847 107.251 32.986
201906 27.184 108.070 33.147
201909 27.193 108.329 33.079
201912 27.472 108.420 33.390
202003 28.304 108.902 34.249
202006 28.080 108.767 34.020
202009 28.085 109.815 33.702
202012 32.215 109.897 38.629
202103 32.684 111.754 38.540
202106 32.727 114.631 37.622
202109 32.713 115.734 37.247
202112 33.082 117.630 37.061
202203 32.867 121.301 35.705
202206 31.462 125.017 33.163
202209 31.517 125.227 33.165
202212 32.309 125.222 34.000
202303 33.294 127.348 34.452
202306 33.094 128.729 33.877
202309 32.785 129.860 33.269
202312 34.319 129.419 34.944
202403 35.033 131.776 35.033

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


Banqueudi Fransi  (SAU:1050) 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.

Banqueudi Fransi's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.05/33.16
=1.06

* 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 Banqueudi Fransi was 1.93. The lowest was 1.01. And the median was 1.39.


Be Aware

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


Banqueudi Fransi Cyclically Adjusted Book per Share Related Terms

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


Banqueudi Fransi (SAU:1050) Business Description

Industry
Traded in Other Exchanges
N/A
Address
King Saud Road, P.O. Box 56006, Riyadh, SAU, 11554
Banque Saudi Fransi is a full-service commercial bank. It is engaged in brokerage, asset management, and corporate finance business. Its objective is to provide all types of commercial banking services to both domestic and international customers. The company generates most of its revenues from the Retail Banking segment. The operating segment for the Bank is classified in Retail Banking, Corporate Banking, Treasury and Investment banking and brokerage.

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