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Sahara International Petrochemical Co (SAU:2310) Cyclically Adjusted PB Ratio : 1.49 (As of May. 22, 2024)


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What is Sahara International Petrochemical Co Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Sahara International Petrochemical Co's current share price is ﷼32.20. Sahara International Petrochemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ﷼21.64. Sahara International Petrochemical Co's Cyclically Adjusted PB Ratio for today is 1.49.

The historical rank and industry rank for Sahara International Petrochemical Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SAU:2310' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.77   Max: 2.94
Current: 1.48

During the past years, Sahara International Petrochemical Co's highest Cyclically Adjusted PB Ratio was 2.94. The lowest was 0.98. And the median was 1.77.

SAU:2310's Cyclically Adjusted PB Ratio is ranked better than
54.86% of 1081 companies
in the Chemicals industry
Industry Median: 1.65 vs SAU:2310: 1.48

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.

Sahara International Petrochemical Co's adjusted book value per share data for the three months ended in Mar. 2024 was ﷼21.487. 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 ﷼21.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sahara International Petrochemical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sahara International Petrochemical 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.

Sahara International Petrochemical Co Cyclically Adjusted PB Ratio Chart

Sahara International Petrochemical 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 - 0.98 2.22 1.67 1.60

Sahara International 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 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 1.82 1.75 1.78 1.60 1.45

Competitive Comparison of Sahara International Petrochemical Co's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Sahara International 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.


Sahara International Petrochemical Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Sahara International Petrochemical 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.

Sahara International Petrochemical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.20/21.64
=1.49

* 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.

Sahara International Petrochemical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sahara International 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)
=21.487/131.7762*131.7762
=21.487

Current CPI (Mar. 2024) = 131.7762.

Sahara International Petrochemical Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.446 100.560 20.241
201409 15.900 100.428 20.863
201412 16.278 99.070 21.652
201503 15.852 99.621 20.969
201506 15.589 100.684 20.403
201509 15.781 100.392 20.715
201512 14.327 99.792 18.919
201603 15.887 100.470 20.837
201606 15.955 101.688 20.676
201609 15.794 101.861 20.432
201612 14.356 101.863 18.572
201703 14.611 102.862 18.718
201706 14.766 103.349 18.828
201709 15.133 104.136 19.150
201712 15.586 104.011 19.747
201803 16.003 105.290 20.029
201806 16.081 106.317 19.932
201809 16.073 106.507 19.886
201812 16.177 105.998 20.111
201903 15.844 107.251 19.467
201906 37.860 108.070 46.165
201909 18.462 108.329 22.458
201912 18.213 108.420 22.136
202003 18.112 108.902 21.916
202006 17.993 108.767 21.799
202009 17.958 109.815 21.549
202012 17.728 109.897 21.257
202103 17.791 111.754 20.978
202106 18.197 114.631 20.919
202109 19.557 115.734 22.268
202112 19.889 117.630 22.281
202203 21.366 121.301 23.211
202206 21.314 125.017 22.466
202209 22.365 125.227 23.535
202212 21.555 125.222 22.683
202303 22.167 127.348 22.938
202306 21.393 128.729 21.899
202309 21.693 129.860 22.013
202312 21.231 129.419 21.618
202403 21.487 131.776 21.487

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.


Sahara International Petrochemical Co  (SAU:2310) 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.


Sahara International Petrochemical Co Cyclically Adjusted PB Ratio Related Terms

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Sahara International Petrochemical Co (SAU:2310) Business Description

Traded in Other Exchanges
N/A
Address
King Saud Road District, Sipchem Building, Al-Hada District, Al Khobar, SAU, 31952
Sahara International Petrochemical Co owns, operates and manages industrial projects relating to chemical and petrochemical industries. The company operating segments include Basic Chemicals, Intermediate Chemicals, Polymers, Trading and Corporate and others. It generates maximum revenue from the Trading segment. The company operates domestically and internationally. Its product portfolio consists of Methanol, Butanediol, Tetrahydrofuran, Acetic Acid, Acetic Anhydride, LDPE, EVA, Cross-Linkable LDPE, Semi Conductive LDPE, and PBT.

Sahara International Petrochemical Co (SAU:2310) Headlines

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