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Ithmaar Holding BSC (BAH:ITHMR) Cyclically Adjusted PB Ratio : 0.19 (As of Jun. 10, 2024)


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What is Ithmaar Holding BSC Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Ithmaar Holding BSC's current share price is $0.026. Ithmaar Holding BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.14. Ithmaar Holding BSC's Cyclically Adjusted PB Ratio for today is 0.19.

The historical rank and industry rank for Ithmaar Holding BSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

BAH:ITHMR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.28   Max: 0.51
Current: 0.19

During the past years, Ithmaar Holding BSC's highest Cyclically Adjusted PB Ratio was 0.51. The lowest was 0.18. And the median was 0.28.

BAH:ITHMR's Cyclically Adjusted PB Ratio is ranked better than
96.82% of 1195 companies
in the Banks industry
Industry Median: 0.9 vs BAH:ITHMR: 0.19

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.

Ithmaar Holding BSC's adjusted book value per share data for the three months ended in Mar. 2024 was $0.053. 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 $0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ithmaar Holding BSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ithmaar Holding BSC's Cyclically Adjusted PB Ratio 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.

Ithmaar Holding BSC Cyclically Adjusted PB Ratio Chart

Ithmaar Holding BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.34 0.25 0.22

Ithmaar Holding 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 PB Ratio 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 - 0.53 0.34 0.22 0.24

Competitive Comparison of Ithmaar Holding BSC's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Ithmaar Holding 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.


Ithmaar Holding BSC's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ithmaar Holding BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ithmaar Holding BSC's Cyclically Adjusted PB Ratio falls into.



Ithmaar Holding BSC Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Ithmaar Holding BSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.026/0.14
=0.19

* 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.

Ithmaar Holding BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ithmaar Holding 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)
=0.053/131.7762*131.7762
=0.053

Current CPI (Mar. 2024) = 131.7762.

Ithmaar Holding BSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.188 100.560 0.246
201409 0.183 100.428 0.240
201412 0.180 99.070 0.239
201503 0.172 99.621 0.228
201506 0.175 100.684 0.229
201509 0.164 100.392 0.215
201512 0.142 99.792 0.188
201603 0.140 100.470 0.184
201606 0.142 101.688 0.184
201609 0.145 101.861 0.188
201612 0.146 101.863 0.189
201703 0.152 102.862 0.195
201706 0.150 103.349 0.191
201709 0.145 104.136 0.183
201712 0.122 104.011 0.155
201803 0.080 105.290 0.100
201806 0.064 106.317 0.079
201809 0.064 106.507 0.079
201812 0.040 105.998 0.050
201903 0.041 107.251 0.050
201906 0.032 108.070 0.039
201909 0.036 108.329 0.044
201912 0.033 108.420 0.040
202003 0.000 108.902 0.000
202006 0.003 108.767 0.004
202009 0.003 109.815 0.004
202012 0.005 109.897 0.006
202103 0.012 111.754 0.014
202106 0.013 114.631 0.015
202109 0.004 115.734 0.005
202112 0.013 117.630 0.015
202203 0.721 121.301 0.783
202206 0.697 125.017 0.735
202209 0.002 125.227 0.002
202212 0.002 125.222 0.002
202303 0.000 127.348 0.000
202306 0.002 128.729 0.002
202309 0.002 129.860 0.002
202312 0.001 129.419 0.001
202403 0.053 131.776 0.053

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


Ithmaar Holding BSC  (BAH:ITHMR) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Ithmaar Holding BSC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Ithmaar Holding BSC's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ithmaar Holding BSC (BAH:ITHMR) Business Description

Traded in Other Exchanges
Address
Seef Tower, P.O. Box 2820, Seef District, Manama, BHR
Ithmaar Holding BSC is engaged in providing financial services, including retail, commercial, asset management, private banking, takaful, equipment leasing, and real estate development. It also acts as a manager, on a trustee basis of funds deposited for investment in accordance with Islamic laws and principles, particularly regarding the prohibition of receiving or paying interest. The group's business segment includes Retail and Corporate banking, where it receives customer funds, and deposits and extends financing to its retail and corporate clients; Asset Management/ Investment Banking, where it directly participates in investment opportunities and Others.

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