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Saudi Electricity Co (SAU:5110) Cyclically Adjusted Book per Share : ﷼35.71 (As of Mar. 2024)


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What is Saudi Electricity 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 Electricity Co's adjusted book value per share for the three months ended in Mar. 2024 was ﷼61.805. 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 ﷼35.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saudi Electricity Co's average Cyclically Adjusted Book Growth Rate was 18.30% 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 (2024-06-09), Saudi Electricity Co's current stock price is ﷼17.00. Saudi Electricity Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼35.71. Saudi Electricity Co's Cyclically Adjusted PB Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saudi Electricity Co was 1.39. The lowest was 0.46. And the median was 0.86.


Saudi Electricity Co Cyclically Adjusted Book per Share Historical Data

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

Saudi Electricity 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 - - 23.15 28.57 33.99

Saudi Electricity 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 30.19 31.62 33.01 33.99 35.71

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

For the Utilities - Regulated Electric subindustry, Saudi Electricity 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 Electricity Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Saudi Electricity Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Saudi Electricity 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 Electricity 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)
=61.805/131.7762*131.7762
=61.805

Current CPI (Mar. 2024) = 131.7762.

Saudi Electricity Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.079 100.560 18.450
201409 14.718 100.428 19.312
201412 14.218 99.070 18.912
201503 13.753 99.621 18.192
201506 14.099 100.684 18.453
201509 14.786 100.392 19.408
201512 14.688 99.792 19.396
201603 14.156 100.470 18.567
201606 14.376 101.688 18.630
201609 15.428 101.861 19.959
201612 15.744 101.863 20.367
201703 16.932 102.862 21.691
201706 17.325 103.349 22.090
201709 18.591 104.136 23.526
201712 6.311 104.011 7.996
201803 16.972 105.290 21.241
201806 17.287 106.317 21.427
201809 18.504 106.507 22.894
201812 17.683 105.998 21.983
201903 6.095 107.251 7.489
201906 17.254 108.070 21.039
201909 17.881 108.329 21.751
201912 17.657 108.420 21.461
202003 16.964 108.902 20.527
202006 16.540 108.767 20.039
202009 17.080 109.815 20.496
202012 59.467 109.897 71.306
202103 59.930 111.754 70.667
202106 59.713 114.631 68.644
202109 61.504 115.734 70.029
202112 60.391 117.630 67.654
202203 60.894 121.301 66.153
202206 60.651 125.017 63.930
202209 62.176 125.227 65.428
202212 61.693 125.222 64.922
202303 61.797 127.348 63.946
202306 61.150 128.729 62.598
202309 62.622 129.860 63.546
202312 61.517 129.419 62.637
202403 61.805 131.776 61.805

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


Saudi Electricity Co  (SAU:5110) 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 Electricity Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.00/35.71
=0.48

* 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 Electricity Co was 1.39. The lowest was 0.46. And the median was 0.86.


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 Electricity Co Cyclically Adjusted Book per Share Related Terms

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


Saudi Electricity Co (SAU:5110) Business Description

Traded in Other Exchanges
N/A
Address
Crossing of Al-Olaya Street, Rihana Bint Zaid Street, P. O. Box 22955, Al-Arid district, Riyadh, SAU, 11416
Saudi Electricity Co is principally engaged in the generation, transmission, and distribution of electrical power and customer service activities. The company provides its services to governmental, industrial, agricultural, commercial, and residential sectors. Saudi Electricity operates through three segments namely Generation segment which is involved in the generation and provision of electric power; Transmission segment which is engaged in the transmission of electrical power from generation stations using transmission network, to the distribution network and operation and maintenance of electricity transmission system; and Distribution and Subscriber services segment which includes receipt of electric power from the transmission network and distribution to the company's customers.

Saudi Electricity Co (SAU:5110) Headlines

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