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Al Ahli Bank Of Kuwait (KUW:ABK) Cyclically Adjusted Book per Share : KWD0.35 (As of Mar. 2024)


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What is Al Ahli Bank Of Kuwait 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.

Al Ahli Bank Of Kuwait's adjusted book value per share for the three months ended in Mar. 2024 was KWD0.240. 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 KWD0.35 for the trailing ten years ended in Mar. 2024.

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 (2024-06-04), Al Ahli Bank Of Kuwait's current stock price is KWD0.271. Al Ahli Bank Of Kuwait's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.35. Al Ahli Bank Of Kuwait's Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Al Ahli Bank Of Kuwait was 0.92. The lowest was 0.57. And the median was 0.74.


Al Ahli Bank Of Kuwait Cyclically Adjusted Book per Share Historical Data

The historical data trend for Al Ahli Bank Of Kuwait'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.

Al Ahli Bank Of Kuwait Cyclically Adjusted Book per Share Chart

Al Ahli Bank Of Kuwait 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 - - 0.32 0.34 0.35

Al Ahli Bank Of Kuwait 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 0.35 0.35 0.35 0.35 0.35

Competitive Comparison of Al Ahli Bank Of Kuwait's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Al Ahli Bank Of Kuwait'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.


Al Ahli Bank Of Kuwait's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Al Ahli Bank Of Kuwait's Cyclically Adjusted PB Ratio falls into.



Al Ahli Bank Of Kuwait 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, Al Ahli Bank Of Kuwait'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)
=0.24/131.7762*131.7762
=0.240

Current CPI (Mar. 2024) = 131.7762.

Al Ahli Bank Of Kuwait Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.267 100.560 0.350
201409 0.272 100.428 0.357
201412 0.276 99.070 0.367
201503 0.270 99.621 0.357
201506 0.275 100.684 0.360
201509 0.276 100.392 0.362
201512 0.276 99.792 0.364
201603 0.272 100.470 0.357
201606 0.274 101.688 0.355
201609 0.276 101.861 0.357
201612 0.276 101.863 0.357
201703 0.273 102.862 0.350
201706 0.276 103.349 0.352
201709 0.279 104.136 0.353
201712 0.284 104.011 0.360
201803 0.279 105.290 0.349
201806 0.283 106.317 0.351
201809 0.331 106.507 0.410
201812 0.336 105.998 0.418
201903 0.331 107.251 0.407
201906 0.339 108.070 0.413
201909 0.335 108.329 0.408
201912 0.343 108.420 0.417
202003 0.343 108.902 0.415
202006 0.327 108.767 0.396
202009 0.323 109.815 0.388
202012 0.293 109.897 0.351
202103 0.294 111.754 0.347
202106 0.298 114.631 0.343
202109 0.299 115.734 0.340
202112 0.303 117.630 0.339
202203 0.304 121.301 0.330
202206 0.297 125.017 0.313
202209 0.298 125.227 0.314
202212 0.296 125.222 0.311
202303 0.287 127.348 0.297
202306 0.292 128.729 0.299
202309 0.243 129.860 0.247
202312 0.250 129.419 0.255
202403 0.240 131.776 0.240

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


Al Ahli Bank Of Kuwait  (KUW:ABK) 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.

Al Ahli Bank Of Kuwait's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.271/0.35
=0.77

* 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 Al Ahli Bank Of Kuwait was 0.92. The lowest was 0.57. And the median was 0.74.


Be Aware

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


Al Ahli Bank Of Kuwait Cyclically Adjusted Book per Share Related Terms

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


Al Ahli Bank Of Kuwait (KUW:ABK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Al Safat Square, Ahmed Al Jaber Street, P.O. Box 1387, Safat, Kuwait City, KWT, 13014
Al Ahli Bank Of Kuwait is a company engaged in the banking sector, primarily in Kuwait, United Arab Emirates, and Egypt. The group is organized into three business segments. The commercial Banking segment comprises a full range of credit, deposit, and related banking services provided to its corporate and institutional customers. Treasury and Investments segment comprises treasury services provided to customers and balance sheet management activities including money market, derivatives, propriety investment activities, assets management and the residual impact of inter-segment fund transfer pricing, and the Retail and private banking segment comprising products and services to customers which includes loans, credit cards, and wealth management.

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