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Commercial Real Estate Co KSCC (KUW:ALTIJARIA) Cyclically Adjusted Book per Share : KWD0.18 (As of Mar. 2024)


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What is Commercial Real Estate Co KSCC 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.

Commercial Real Estate Co KSCC's adjusted book value per share for the three months ended in Mar. 2024 was KWD0.168. 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 KWD0.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Commercial Real Estate Co KSCC's average Cyclically Adjusted Book Growth Rate was 5.90% 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 (2024-06-09), Commercial Real Estate Co KSCC's current stock price is KWD0.139. Commercial Real Estate Co KSCC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.18. Commercial Real Estate Co KSCC's Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Commercial Real Estate Co KSCC was 0.79. The lowest was 0.53. And the median was 0.59.


Commercial Real Estate Co KSCC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Commercial Real Estate Co KSCC'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.

Commercial Real Estate Co KSCC Cyclically Adjusted Book per Share Chart

Commercial Real Estate Co KSCC 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 - - 0.16 0.17 0.18

Commercial Real Estate Co KSCC 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 0.17 0.18 0.18 0.18 0.18

Competitive Comparison of Commercial Real Estate Co KSCC's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Commercial Real Estate Co KSCC'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.


Commercial Real Estate Co KSCC's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Commercial Real Estate Co KSCC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Commercial Real Estate Co KSCC's Cyclically Adjusted PB Ratio falls into.



Commercial Real Estate Co KSCC 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, Commercial Real Estate Co KSCC'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)
=0.168/131.7762*131.7762
=0.168

Current CPI (Mar. 2024) = 131.7762.

Commercial Real Estate Co KSCC Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.127 100.560 0.166
201409 0.131 100.428 0.172
201412 0.137 99.070 0.182
201503 0.133 99.621 0.176
201506 0.134 100.684 0.175
201509 0.136 100.392 0.179
201512 0.143 99.792 0.189
201603 0.141 100.470 0.185
201606 0.141 101.688 0.183
201609 0.142 101.861 0.184
201612 0.145 101.863 0.188
201703 0.143 102.862 0.183
201706 0.145 103.349 0.185
201709 0.147 104.136 0.186
201712 0.148 104.011 0.188
201803 0.150 105.290 0.188
201806 0.147 106.317 0.182
201809 0.151 106.507 0.187
201812 0.152 105.998 0.189
201903 0.153 107.251 0.188
201906 0.150 108.070 0.183
201909 0.154 108.329 0.187
201912 0.155 108.420 0.188
202003 0.156 108.902 0.189
202006 0.152 108.767 0.184
202009 0.153 109.815 0.184
202012 0.153 109.897 0.183
202103 0.154 111.754 0.182
202106 0.153 114.631 0.176
202109 0.161 115.734 0.183
202112 0.159 117.630 0.178
202203 0.160 121.301 0.174
202206 0.158 125.017 0.167
202209 0.162 125.227 0.170
202212 0.161 125.222 0.169
202303 0.160 127.348 0.166
202306 0.161 128.729 0.165
202309 0.163 129.860 0.165
202312 0.166 129.419 0.169
202403 0.168 131.776 0.168

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


Commercial Real Estate Co KSCC  (KUW:ALTIJARIA) 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.

Commercial Real Estate Co KSCC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.139/0.18
=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 Commercial Real Estate Co KSCC was 0.79. The lowest was 0.53. And the median was 0.59.


Be Aware

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


Commercial Real Estate Co KSCC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Commercial Real Estate Co KSCC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Commercial Real Estate Co KSCC (KUW:ALTIJARIA) Business Description

Traded in Other Exchanges
N/A
Address
Al-Sharq Jaber Al Mubarak Street, Commercial Real Estate Building, P.O.Box 4119, Safat, Kuwait City, KWT, 13042
Commercial Real Estate Co KSCC is engaged in performing various real estate, agricultural, industrial, and commercial activities, carrying out contracting, road and building constructions, including the sale, purchase, and lease of land and real estate properties and construction of buildings. It operates through the Real estate, Hotel, and Investment business segment, of which the majority of its revenue comes from the real estate segment. Its geographical segments are the State of Kuwait, Gulf Countries, and Others.

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