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Bahrain Telecommunications Co BSC (BAH:BEYON) Cyclically Adjusted PB Ratio : 1.43 (As of Jun. 06, 2024)


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What is Bahrain Telecommunications Co BSC Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Bahrain Telecommunications Co BSC's current share price is BHD0.516. Bahrain Telecommunications Co BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BHD0.36. Bahrain Telecommunications Co BSC's Cyclically Adjusted PB Ratio for today is 1.43.

The historical rank and industry rank for Bahrain Telecommunications Co BSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

BAH:BEYON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 1.41   Max: 1.76
Current: 1.46

During the past years, Bahrain Telecommunications Co BSC's highest Cyclically Adjusted PB Ratio was 1.76. The lowest was 1.26. And the median was 1.41.

BAH:BEYON's Cyclically Adjusted PB Ratio is ranked better than
50.69% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.49 vs BAH:BEYON: 1.46

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.

Bahrain Telecommunications Co BSC's adjusted book value per share data for the three months ended in Mar. 2024 was BHD0.318. 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 BHD0.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bahrain Telecommunications Co BSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bahrain Telecommunications Co BSC's Cyclically Adjusted PB Ratio 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.

Bahrain Telecommunications Co BSC Cyclically Adjusted PB Ratio Chart

Bahrain Telecommunications Co BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.71 1.37 1.41

Bahrain Telecommunications Co BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 1.31 1.44 1.40 1.41 1.50

Competitive Comparison of Bahrain Telecommunications Co BSC's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Bahrain Telecommunications Co BSC'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.


Bahrain Telecommunications Co BSC's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bahrain Telecommunications Co BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bahrain Telecommunications Co BSC's Cyclically Adjusted PB Ratio falls into.



Bahrain Telecommunications Co BSC Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Bahrain Telecommunications Co BSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.516/0.36
=1.43

* 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.

Bahrain Telecommunications Co BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bahrain Telecommunications Co BSC'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)
=0.318/131.7762*131.7762
=0.318

Current CPI (Mar. 2024) = 131.7762.

Bahrain Telecommunications Co BSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.323 100.560 0.423
201409 0.319 100.428 0.419
201412 0.320 99.070 0.426
201503 0.310 99.621 0.410
201506 0.320 100.684 0.419
201509 0.314 100.392 0.412
201512 0.317 99.792 0.419
201603 0.305 100.470 0.400
201606 0.309 101.688 0.400
201609 0.304 101.861 0.393
201612 0.296 101.863 0.383
201703 0.288 102.862 0.369
201706 0.296 103.349 0.377
201709 0.291 104.136 0.368
201712 0.278 104.011 0.352
201803 0.272 105.290 0.340
201806 0.277 106.317 0.343
201809 0.277 106.507 0.343
201812 0.280 105.998 0.348
201903 0.271 107.251 0.333
201906 0.281 108.070 0.343
201909 0.276 108.329 0.336
201912 0.284 108.420 0.345
202003 0.000 108.902 0.000
202006 0.281 108.767 0.340
202009 0.281 109.815 0.337
202012 0.286 109.897 0.343
202103 0.284 111.754 0.335
202106 0.295 114.631 0.339
202109 0.290 115.734 0.330
202112 0.296 117.630 0.332
202203 0.286 121.301 0.311
202206 0.294 125.017 0.310
202209 0.287 125.227 0.302
202212 0.301 125.222 0.317
202303 0.293 127.348 0.303
202306 0.308 128.729 0.315
202309 0.307 129.860 0.312
202312 0.322 129.419 0.328
202403 0.318 131.776 0.318

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


Bahrain Telecommunications Co BSC  (BAH:BEYON) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Bahrain Telecommunications Co BSC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Bahrain Telecommunications Co BSC's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bahrain Telecommunications Co BSC (BAH:BEYON) Business Description

Traded in Other Exchanges
N/A
Address
Building 1095, Road 1425, Block 1014, P.O. Box 14, Hamala, BHR
Bahrain Telecommunications Co BSC is active in the telecom industry. It is mainly engaged in the provision of public telecommunications and associated products and services. The company delivers cutting-edge fixed and wireless telecommunication services to its customers in Jordan, Kuwait, Saudi Arabia, Yemen, Egypt, Guernsey, and other countries. It offers communications services including mobile, broadband, data, and fixed-line services. The group geographically operates across Bahrain, Jordan, Maldives, Sure Group, and others. It derives a majority of its revenue from Bahrain.

Bahrain Telecommunications Co BSC (BAH:BEYON) Headlines

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