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Saudi Industrial Services Co (SAU:2190) Cyclically Adjusted Book per Share : ﷼16.94 (As of Mar. 2024)


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What is Saudi Industrial Services Co 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.

Saudi Industrial Services Co's adjusted book value per share for the three months ended in Mar. 2024 was ﷼18.380. 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 ﷼16.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saudi Industrial Services Co's average Cyclically Adjusted Book Growth Rate was 6.40% 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 (2024-06-02), Saudi Industrial Services Co's current stock price is ﷼35.20. Saudi Industrial Services Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼16.94. Saudi Industrial Services Co's Cyclically Adjusted PB Ratio of today is 2.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saudi Industrial Services Co was 2.46. The lowest was 1.29. And the median was 1.74.


Saudi Industrial Services Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Saudi Industrial Services Co'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.

Saudi Industrial Services Co Cyclically Adjusted Book per Share Chart

Saudi Industrial Services Co 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 - - 14.03 15.49 16.52

Saudi Industrial Services Co 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 15.92 16.16 16.44 16.52 16.94

Competitive Comparison of Saudi Industrial Services Co's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Saudi Industrial Services Co'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.


Saudi Industrial Services Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Saudi Industrial Services Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Saudi Industrial Services Co's Cyclically Adjusted PB Ratio falls into.



Saudi Industrial Services Co 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, Saudi Industrial Services Co'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)
=18.38/131.7762*131.7762
=18.380

Current CPI (Mar. 2024) = 131.7762.

Saudi Industrial Services Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.529 100.560 13.798
201409 10.944 100.428 14.360
201412 11.190 99.070 14.884
201503 11.374 99.621 15.045
201506 11.283 100.684 14.767
201509 11.581 100.392 15.201
201512 11.759 99.792 15.528
201603 12.190 100.470 15.988
201606 12.106 101.688 15.688
201609 12.304 101.861 15.918
201612 12.357 101.863 15.986
201703 12.678 102.862 16.242
201706 12.994 103.349 16.568
201709 13.066 104.136 16.534
201712 13.080 104.011 16.572
201803 13.088 105.290 16.380
201806 12.904 106.317 15.994
201809 13.058 106.507 16.156
201812 13.336 105.998 16.579
201903 13.505 107.251 16.593
201906 13.306 108.070 16.225
201909 13.369 108.329 16.263
201912 13.371 108.420 16.251
202003 13.654 108.902 16.522
202006 13.758 108.767 16.668
202009 14.099 109.815 16.919
202012 14.394 109.897 17.260
202103 14.786 111.754 17.435
202106 14.294 114.631 16.432
202109 18.604 115.734 21.183
202112 18.211 117.630 20.401
202203 17.830 121.301 19.370
202206 17.885 125.017 18.852
202209 17.654 125.227 18.577
202212 18.577 125.222 19.549
202303 18.730 127.348 19.381
202306 18.710 128.729 19.153
202309 18.747 129.860 19.024
202312 18.551 129.419 18.889
202403 18.380 131.776 18.380

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


Saudi Industrial Services Co  (SAU:2190) 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.

Saudi Industrial Services Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.20/16.94
=2.08

* 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 Saudi Industrial Services Co was 2.46. The lowest was 1.29. And the median was 1.74.


Be Aware

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


Saudi Industrial Services Co Cyclically Adjusted Book per Share Related Terms

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


Saudi Industrial Services Co (SAU:2190) Business Description

Traded in Other Exchanges
N/A
Address
Al-Madina Road, P.O. Box 14221, Suite 501, Saudi Business Centre, Jeddah, SAU, 21424
Saudi Industrial Services Co, through its subsidiaries, is engaged in the maintenance, operations, and management of factories, industrial facilities, construction of residential buildings and all related facilities such as entertainment centers, malls, restaurants, catering projects, construction of hospitals and buildings to provide health services to the factory and industrial company workmen, marketing factory products locally and worldwide, provide services and participate in the formation of companies. The reportable segments of the company are Port development and operations, Logistics parks and support services, and Water desalination and distribution. The company derives a majority of the revenue from the Port development and operations segment.

Saudi Industrial Services Co (SAU:2190) Headlines

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