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The Bank of Khyber (KAR:BOK) Cyclically Adjusted Book per Share : ₨16.26 (As of Mar. 2024)


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What is The Bank of Khyber 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.

The Bank of Khyber's adjusted book value per share for the three months ended in Mar. 2024 was ₨15.493. 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 ₨16.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Bank of Khyber's average Cyclically Adjusted Book Growth Rate was 3.90% 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.

As of today (2024-06-07), The Bank of Khyber's current stock price is ₨11.19. The Bank of Khyber's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨16.26. The Bank of Khyber's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Bank of Khyber was 0.93. The lowest was 0.63. And the median was 0.78.


The Bank of Khyber Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Bank of Khyber'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.

The Bank of Khyber Cyclically Adjusted Book per Share Chart

The Bank of Khyber 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 - - - 15.43 15.95

The Bank of Khyber 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 15.65 15.79 15.92 15.95 16.26

Competitive Comparison of The Bank of Khyber's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, The Bank of Khyber'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.


The Bank of Khyber's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where The Bank of Khyber's Cyclically Adjusted PB Ratio falls into.



The Bank of Khyber 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, The Bank of Khyber'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)
=15.493/131.7762*131.7762
=15.493

Current CPI (Mar. 2024) = 131.7762.

The Bank of Khyber Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.487 100.560 15.053
201409 11.531 100.428 15.130
201412 12.885 99.070 17.139
201503 13.759 99.621 18.200
201506 12.911 100.684 16.898
201509 13.590 100.392 17.839
201512 13.747 99.792 18.153
201603 15.258 100.470 20.012
201606 14.766 101.688 19.135
201609 14.932 101.861 19.317
201612 13.941 101.863 18.035
201703 13.139 102.862 16.832
201706 13.238 103.349 16.879
201709 13.100 104.136 16.577
201712 13.298 104.011 16.848
201803 12.161 105.290 15.220
201806 12.195 106.317 15.115
201809 11.657 106.507 14.423
201812 10.108 105.998 12.566
201903 10.475 107.251 12.870
201906 10.302 108.070 12.562
201909 11.106 108.329 13.510
201912 12.265 108.420 14.907
202003 13.816 108.902 16.718
202006 15.337 108.767 18.581
202009 15.002 109.815 18.002
202012 15.348 109.897 18.404
202103 14.207 111.754 16.752
202106 14.412 114.631 16.568
202109 14.368 115.734 16.360
202112 14.310 117.630 16.031
202203 14.574 121.301 15.833
202206 14.297 125.017 15.070
202209 14.348 125.227 15.098
202212 14.187 125.222 14.930
202303 14.037 127.348 14.525
202306 14.586 128.729 14.931
202309 15.689 129.860 15.921
202312 17.532 129.419 17.851
202403 15.493 131.776 15.493

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


The Bank of Khyber  (KAR:BOK) 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.

The Bank of Khyber's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.19/16.26
=0.69

* 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 The Bank of Khyber was 0.93. The lowest was 0.63. And the median was 0.78.


Be Aware

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


The Bank of Khyber Cyclically Adjusted Book per Share Related Terms

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


The Bank of Khyber (KAR:BOK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
24 - The Mall, Peshawar Cantt, Peshawar, KP, PAK, 25000
The Bank of Khyber is involved in providing various financial services. It operates through various business segments that are Corporate Finance, which includes mergers and acquisition, underwriting, privatization, securitization, research, and others; Trading and Sales, which includes fixed income, equity, foreign exchanges, commodities, credit, funding, own position securities, and others; Retail Banking, which includes retail lending and deposits, banking services, trust and estates, and others; and Commercial Banking, which includes project finance, real estate, export finance, and others. Geographically, the company operates in Pakistan only.

The Bank of Khyber (KAR:BOK) Headlines

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