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Etihad Atheeb Telecommunication Co (SAU:7040) Cyclically Adjusted PB Ratio : 25.68 (As of May. 28, 2024)


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What is Etihad Atheeb Telecommunication Co Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Etihad Atheeb Telecommunication Co's current share price is ﷼114.00. Etihad Atheeb Telecommunication Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was ﷼4.44. Etihad Atheeb Telecommunication Co's Cyclically Adjusted PB Ratio for today is 25.68.

The historical rank and industry rank for Etihad Atheeb Telecommunication Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SAU:7040' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.32   Med: 4.3   Max: 25.25
Current: 25.25

During the past 13 years, Etihad Atheeb Telecommunication Co's highest Cyclically Adjusted PB Ratio was 25.25. The lowest was 2.32. And the median was 4.30.

SAU:7040's Cyclically Adjusted PB Ratio is ranked worse than
98.96% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.48 vs SAU:7040: 25.25

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.

Etihad Atheeb Telecommunication Co's adjusted book value per share data of for the fiscal year that ended in Mar23 was ﷼3.918. 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 ﷼4.44 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Etihad Atheeb Telecommunication Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Etihad Atheeb Telecommunication 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.

Etihad Atheeb Telecommunication Co Cyclically Adjusted PB Ratio Chart

Etihad Atheeb Telecommunication Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.33 8.89 4.43 4.02

Etihad Atheeb Telecommunication Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 4.02 - - -

Competitive Comparison of Etihad Atheeb Telecommunication Co's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Etihad Atheeb Telecommunication 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.


Etihad Atheeb Telecommunication Co's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Etihad Atheeb Telecommunication Co's Cyclically Adjusted PB Ratio falls into.



Etihad Atheeb Telecommunication 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.

Etihad Atheeb Telecommunication Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=114.00/4.44
=25.68

* 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.

Etihad Atheeb Telecommunication Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Etihad Atheeb Telecommunication Co's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=3.918/127.3478*127.3478
=3.918

Current CPI (Mar23) = 127.3478.

Etihad Atheeb Telecommunication Co Annual Data

Book Value per Share CPI Adj_Book
201403 6.969 99.695 8.902
201503 6.394 99.621 8.174
201603 4.525 100.470 5.736
201703 3.253 102.862 4.027
201803 -4.783 105.290 -5.785
201903 5.563 107.251 6.605
202003 5.086 108.902 5.947
202103 3.770 111.754 4.296
202203 2.498 121.301 2.623
202303 3.918 127.348 3.918

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.


Etihad Atheeb Telecommunication Co  (SAU:7040) 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.


Etihad Atheeb Telecommunication Co Cyclically Adjusted PB Ratio Related Terms

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Etihad Atheeb Telecommunication Co (SAU:7040) Business Description

Traded in Other Exchanges
N/A
Address
3704 King Abdullah Branch Road, P.O. Box 12482-6488, AlMughrizat district, Riyadh, SAU
Etihad Atheeb Telecommunication Co is a Saudi Arabia-based company that engages in the provision of telecommunications services under the GO brand. It provides fixed and wireless services, including fixed telephone lines, broadband internet telephony services, optical fibers, data services, broadband, and voice package, international gateway.

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