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Kuwait Insurance Co (KUW:KINS) Cyclically Adjusted Book per Share : KWD0.58 (As of Mar. 2024)


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What is Kuwait Insurance Co 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.

Kuwait Insurance Co's adjusted book value per share for the three months ended in Mar. 2024 was KWD0.851. 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 KWD0.58 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 (2024-06-11), Kuwait Insurance Co's current stock price is KWD0.50. Kuwait Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.58. Kuwait Insurance Co's Cyclically Adjusted PB Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kuwait Insurance Co was 0.97. The lowest was 0.85. And the median was 0.90.


Kuwait Insurance Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kuwait Insurance Co'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.

Kuwait Insurance Co Cyclically Adjusted Book per Share Chart

Kuwait Insurance Co 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 - - - - 0.55

Kuwait Insurance Co 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 - - - 0.55 0.58

Competitive Comparison of Kuwait Insurance Co's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, Kuwait Insurance 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.


Kuwait Insurance Co's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Kuwait Insurance Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kuwait Insurance Co's Cyclically Adjusted PB Ratio falls into.



Kuwait Insurance Co 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, Kuwait Insurance Co'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)
=0.851/131.7762*131.7762
=0.851

Current CPI (Mar. 2024) = 131.7762.

Kuwait Insurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.240 96.819 0.327
201209 0.238 97.633 0.321
201212 0.238 96.871 0.324
201312 0.291 98.326 0.390
201412 0.325 99.070 0.432
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.311 99.792 0.411
201606 0.305 101.688 0.395
201609 0.307 101.861 0.397
201612 0.319 101.863 0.413
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.383 104.136 0.485
201712 0.380 104.011 0.481
201803 0.386 105.290 0.483
201806 0.377 106.317 0.467
201809 0.416 106.507 0.515
201812 0.419 105.998 0.521
201903 0.475 107.251 0.584
201906 0.533 108.070 0.650
201909 0.535 108.329 0.651
201912 0.610 108.420 0.741
202003 0.462 108.902 0.559
202006 0.472 108.767 0.572
202009 0.535 109.815 0.642
202012 0.534 109.897 0.640
202103 0.518 111.754 0.611
202106 0.571 114.631 0.656
202109 0.636 115.734 0.724
202112 0.637 117.630 0.714
202203 0.688 121.301 0.747
202206 0.664 125.017 0.700
202209 0.665 125.227 0.700
202212 0.697 125.222 0.733
202303 0.692 127.348 0.716
202306 0.726 128.729 0.743
202309 0.752 129.860 0.763
202312 0.767 129.419 0.781
202403 0.851 131.776 0.851

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


Kuwait Insurance Co  (KUW:KINS) 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.

Kuwait Insurance Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.50/0.58
=0.86

* 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 Kuwait Insurance Co was 0.97. The lowest was 0.85. And the median was 0.90.


Be Aware

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


Kuwait Insurance Co Cyclically Adjusted Book per Share Related Terms

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


Kuwait Insurance Co (KUW:KINS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Abdullah Al Salem Street, P.O. Box 769, Kuwait Insurance House, Safat, Kuwait City, KWT, 13008
Kuwait Insurance Co underwrites life and non-life insurance risks such as fire, general accidents, marine and aviation and others, lends funds against life insurance policies and invests in permitted securities and real estate properties. It provides many Marine Insurance Services required for individuals and groups, to compensate for loss of and/or damage to the insured goods during transportation from one place to another.

Kuwait Insurance Co (KUW:KINS) Headlines