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Basic Chemical Industries Co (SAU:1210) Cyclically Adjusted PB Ratio : 1.38 (As of Jun. 04, 2024)


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What is Basic Chemical Industries Co Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Basic Chemical Industries Co's current share price is ﷼31.35. Basic Chemical Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼22.68. Basic Chemical Industries Co's Cyclically Adjusted PB Ratio for today is 1.38.

The historical rank and industry rank for Basic Chemical Industries Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SAU:1210' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 1.62   Max: 2.13
Current: 1.37

During the past years, Basic Chemical Industries Co's highest Cyclically Adjusted PB Ratio was 2.13. The lowest was 1.32. And the median was 1.62.

SAU:1210's Cyclically Adjusted PB Ratio is ranked better than
59.08% of 1173 companies
in the Chemicals industry
Industry Median: 1.7 vs SAU:1210: 1.37

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.

Basic Chemical Industries Co's adjusted book value per share data for the three months ended in Mar. 2024 was ﷼21.546. 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 ﷼22.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Basic Chemical Industries Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Basic Chemical Industries Co'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.

Basic Chemical Industries Co Cyclically Adjusted PB Ratio Chart

Basic Chemical Industries Co 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 - - 1.98 1.56 1.49

Basic Chemical Industries 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 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 1.54 1.71 1.50 1.49 1.50

Competitive Comparison of Basic Chemical Industries Co's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Basic Chemical Industries 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.


Basic Chemical Industries Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Basic Chemical Industries Co's Cyclically Adjusted PB Ratio falls into.



Basic Chemical Industries Co 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.

Basic Chemical Industries Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.35/22.68
=1.38

* 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.

Basic Chemical Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Basic Chemical Industries 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)
=21.546/131.7762*131.7762
=21.546

Current CPI (Mar. 2024) = 131.7762.

Basic Chemical Industries Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.484 100.560 21.601
201409 16.528 100.428 21.687
201412 16.773 99.070 22.310
201503 16.873 99.621 22.319
201506 16.139 100.684 21.123
201509 16.223 100.392 21.295
201512 16.572 99.792 21.883
201603 17.396 100.470 22.816
201606 16.818 101.688 21.794
201609 17.059 101.861 22.069
201612 17.251 101.863 22.317
201703 17.467 102.862 22.377
201706 16.922 103.349 21.577
201709 17.222 104.136 21.793
201712 17.771 104.011 22.515
201803 18.353 105.290 22.970
201806 17.825 106.317 22.094
201809 18.163 106.507 22.472
201812 18.445 105.998 22.931
201903 18.667 107.251 22.936
201906 19.020 108.070 23.192
201909 19.576 108.329 23.813
201912 19.647 108.420 23.879
202003 19.386 108.902 23.458
202006 19.774 108.767 23.957
202009 20.114 109.815 24.136
202012 19.584 109.897 23.483
202103 20.675 111.754 24.379
202106 20.957 114.631 24.091
202109 21.131 115.734 24.060
202112 20.733 117.630 23.226
202203 21.367 121.301 23.212
202206 21.839 125.017 23.020
202209 22.486 125.227 23.662
202212 22.308 125.222 23.476
202303 22.161 127.348 22.932
202306 21.059 128.729 21.558
202309 21.017 129.860 21.327
202312 21.540 129.419 21.932
202403 21.546 131.776 21.546

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.


Basic Chemical Industries Co  (SAU:1210) 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.


Basic Chemical Industries Co Cyclically Adjusted PB Ratio Related Terms

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


Basic Chemical Industries Co (SAU:1210) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1053, Dammam, SAU, 31431
Basic Chemical Industries Co is a chemical manufacturing company. Through its subsidiaries, the company manufactures chlorine gas, hydrochloric acid, caustic soda, sodium hypochlorite, sulphuric acid and battery acid, polyurethane systems, and industrial adhesives such as water-based adhesives, emulsions, hotmelt adhesives. In addition, it also provides chemical products for water treatments.

Basic Chemical Industries Co (SAU:1210) Headlines

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