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Saudi Kayan Petrochemical Co (SAU:2350) Cyclically Adjusted Book per Share : ﷼11.54 (As of Mar. 2024)


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What is Saudi Kayan Petrochemical 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 Kayan Petrochemical Co's adjusted book value per share for the three months ended in Mar. 2024 was ﷼8.496. 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 ﷼11.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saudi Kayan Petrochemical Co's average Cyclically Adjusted Book Growth Rate was 0.60% 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 (2024-06-04), Saudi Kayan Petrochemical Co's current stock price is ﷼8.47. Saudi Kayan Petrochemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼11.54. Saudi Kayan Petrochemical Co's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saudi Kayan Petrochemical Co was 2.09. The lowest was 0.69. And the median was 1.15.


Saudi Kayan Petrochemical Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Saudi Kayan Petrochemical 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 Kayan Petrochemical Co Cyclically Adjusted Book per Share Chart

Saudi Kayan Petrochemical 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 - - 10.81 11.34 11.43

Saudi Kayan Petrochemical 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 11.47 11.53 11.56 11.43 11.54

Competitive Comparison of Saudi Kayan Petrochemical Co's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Saudi Kayan Petrochemical 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 Kayan Petrochemical Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Saudi Kayan Petrochemical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Saudi Kayan Petrochemical 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 Kayan Petrochemical 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)
=8.496/131.7762*131.7762
=8.496

Current CPI (Mar. 2024) = 131.7762.

Saudi Kayan Petrochemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.314 100.560 12.205
201409 9.358 100.428 12.279
201412 9.366 99.070 12.458
201503 8.972 99.621 11.868
201506 8.963 100.684 11.731
201509 8.953 100.392 11.752
201512 8.725 99.792 11.521
201603 8.393 100.470 11.008
201606 8.454 101.688 10.955
201609 8.558 101.861 11.071
201612 8.834 101.863 11.428
201703 9.011 102.862 11.544
201706 9.173 103.349 11.696
201709 9.420 104.136 11.920
201712 9.272 104.011 11.747
201803 9.595 105.290 12.009
201806 10.181 106.317 12.619
201809 10.495 106.507 12.985
201812 10.466 105.998 13.011
201903 10.321 107.251 12.681
201906 10.129 108.070 12.351
201909 10.077 108.329 12.258
201912 9.969 108.420 12.117
202003 9.624 108.902 11.646
202006 9.327 108.767 11.300
202009 9.296 109.815 11.155
202012 9.339 109.897 11.198
202103 9.706 111.754 11.445
202106 10.211 114.631 11.738
202109 10.649 115.734 12.125
202112 10.980 117.630 12.301
202203 11.181 121.301 12.147
202206 11.358 125.017 11.972
202209 10.888 125.227 11.457
202212 10.318 125.222 10.858
202303 9.858 127.348 10.201
202306 9.608 128.729 9.835
202309 9.349 129.860 9.487
202312 8.856 129.419 9.017
202403 8.496 131.776 8.496

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


Saudi Kayan Petrochemical Co  (SAU:2350) 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 Kayan Petrochemical Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.47/11.54
=0.73

* 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 Kayan Petrochemical Co was 2.09. The lowest was 0.69. And the median was 1.15.


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 Kayan Petrochemical Co Cyclically Adjusted Book per Share Related Terms

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


Saudi Kayan Petrochemical Co (SAU:2350) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 10302, Al Jubail Industrial City, Al-Jubail, SAU, 31961
Saudi Kayan Petrochemical Co is engaged in manufacturing a wide range of petrochemicals products. Its product portfolio consists of polypropylene, propylene, acetone, polyethylene, ethoxylate, ethylene, ethylene glycol, bisphenol, ethanolamine, industrial fatty alcohol, polycarbonate and other petrochemical products.

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