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Bank of Bahrain and Kuwait BSC (BAH:BBK) Cyclically Adjusted Book per Share : BHD0.35 (As of Mar. 2024)


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What is Bank of Bahrain and Kuwait BSC 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.

Bank of Bahrain and Kuwait BSC's adjusted book value per share for the three months ended in Mar. 2024 was BHD0.333. 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 BHD0.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank of Bahrain and Kuwait BSC's average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Bank of Bahrain and Kuwait BSC was 8.00% per year. The lowest was 8.00% per year. And the median was 8.00% per year.

As of today (2024-06-10), Bank of Bahrain and Kuwait BSC's current stock price is BHD0.508. Bank of Bahrain and Kuwait BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BHD0.35. Bank of Bahrain and Kuwait BSC's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank of Bahrain and Kuwait BSC was 1.54. The lowest was 1.28. And the median was 1.42.


Bank of Bahrain and Kuwait BSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bank of Bahrain and Kuwait BSC'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.

Bank of Bahrain and Kuwait BSC Cyclically Adjusted Book per Share Chart

Bank of Bahrain and Kuwait BSC 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 - 0.27 0.30 0.33 0.34

Bank of Bahrain and Kuwait 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 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 0.33 0.34 0.34 0.34 0.35

Competitive Comparison of Bank of Bahrain and Kuwait BSC's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Bank of Bahrain and Kuwait 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.


Bank of Bahrain and Kuwait BSC's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Bahrain and Kuwait BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Bahrain and Kuwait BSC's Cyclically Adjusted PB Ratio falls into.



Bank of Bahrain and Kuwait BSC 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, Bank of Bahrain and Kuwait 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)
=0.333/131.7762*131.7762
=0.333

Current CPI (Mar. 2024) = 131.7762.

Bank of Bahrain and Kuwait BSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.243 100.560 0.318
201409 0.252 100.428 0.331
201412 0.241 99.070 0.321
201503 0.233 99.621 0.308
201506 0.249 100.684 0.326
201509 0.233 100.392 0.306
201512 0.241 99.792 0.318
201603 0.222 100.470 0.291
201606 0.292 101.688 0.378
201609 0.304 101.861 0.393
201612 0.314 101.863 0.406
201703 0.311 102.862 0.398
201706 0.317 103.349 0.404
201709 0.323 104.136 0.409
201712 0.330 104.011 0.418
201803 0.311 105.290 0.389
201806 0.312 106.317 0.387
201809 0.331 106.507 0.410
201812 0.330 105.998 0.410
201903 0.322 107.251 0.396
201906 0.328 108.070 0.400
201909 0.277 108.329 0.337
201912 0.302 108.420 0.367
202003 0.000 108.902 0.000
202006 0.244 108.767 0.296
202009 0.253 109.815 0.304
202012 0.284 109.897 0.341
202103 0.278 111.754 0.328
202106 0.291 114.631 0.335
202109 0.295 115.734 0.336
202112 0.301 117.630 0.337
202203 0.300 121.301 0.326
202206 0.294 125.017 0.310
202209 0.300 125.227 0.316
202212 0.331 125.222 0.348
202303 0.306 127.348 0.317
202306 0.324 128.729 0.332
202309 0.325 129.860 0.330
202312 0.338 129.419 0.344
202403 0.333 131.776 0.333

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


Bank of Bahrain and Kuwait BSC  (BAH:BBK) 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.

Bank of Bahrain and Kuwait BSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.508/0.35
=1.45

* 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 Bank of Bahrain and Kuwait BSC was 1.54. The lowest was 1.28. And the median was 1.42.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Bank of Bahrain and Kuwait BSC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Bank of Bahrain and Kuwait BSC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of Bahrain and Kuwait BSC (BAH:BBK) Business Description

Traded in Other Exchanges
N/A
Address
43 Government Avenue, P.O. Box 597, Manama, BHR
Bank of Bahrain and Kuwait BSC is a public shareholding company engaged in commercial banking and wealth management services. The company's operating segment includes Retail banking; Corporate banking; International banking and Investment, treasury and other activities. It generates maximum revenue from the Retail banking segment. Retail banking segment principally handling individual customers deposits and providing consumer finance type loans, overdrafts, credit facilities and funds transfer facilities, credit cards and foreign exchange. Geographically, it operates in Bahrain and the Middle East/Africa, Europe, North America, and Asia.

Bank of Bahrain and Kuwait BSC (BAH:BBK) Headlines

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