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National Bank of Kuwait - Egypt (CAI:NBKE) Cyclically Adjusted PB Ratio : 1.53 (As of Jun. 09, 2024)


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What is National Bank of Kuwait - Egypt Cyclically Adjusted PB Ratio?

As of today (2024-06-09), National Bank of Kuwait - Egypt's current share price is E£20.03. National Bank of Kuwait - Egypt's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was E£13.10. National Bank of Kuwait - Egypt's Cyclically Adjusted PB Ratio for today is 1.53.

The historical rank and industry rank for National Bank of Kuwait - Egypt's Cyclically Adjusted PB Ratio or its related term are showing as below:

CAI:NBKE's Cyclically Adjusted PB Ratio is not ranked *
in the Banks industry.
Industry Median: 0.91
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

National Bank of Kuwait - Egypt's adjusted book value per share data for the three months ended in Dec. 2022 was E£22.541. 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 E£13.10 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Bank of Kuwait - Egypt Cyclically Adjusted PB Ratio Historical Data

The historical data trend for National Bank of Kuwait - Egypt'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.

National Bank of Kuwait - Egypt Cyclically Adjusted PB Ratio Chart

National Bank of Kuwait - Egypt Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.82 1.53

National Bank of Kuwait - Egypt Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 1.82 1.77 1.65 1.59 1.53

Competitive Comparison of National Bank of Kuwait - Egypt's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, National Bank of Kuwait - Egypt'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.


National Bank of Kuwait - Egypt's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where National Bank of Kuwait - Egypt's Cyclically Adjusted PB Ratio falls into.



National Bank of Kuwait - Egypt 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.

National Bank of Kuwait - Egypt's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.03/13.1
=1.53

* 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.

National Bank of Kuwait - Egypt's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, National Bank of Kuwait - Egypt's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=22.541/125.2218*125.2218
=22.541

Current CPI (Dec. 2022) = 125.2218.

National Bank of Kuwait - Egypt Quarterly Data

Book Value per Share CPI Adj_Book
201303 0.000 98.209 0.000
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 3.784 98.326 4.819
201403 3.958 99.695 4.971
201406 3.541 100.560 4.409
201409 3.638 100.428 4.536
201412 3.911 99.070 4.943
201503 4.304 99.621 5.410
201506 4.427 100.684 5.506
201509 4.772 100.392 5.952
201512 5.005 99.792 6.280
201603 5.303 100.470 6.609
201606 5.566 101.688 6.854
201609 6.048 101.861 7.435
201612 6.400 101.863 7.868
201703 6.931 102.862 8.438
201706 7.742 103.349 9.381
201709 8.648 104.136 10.399
201712 9.354 104.011 11.262
201803 10.354 105.290 12.314
201806 10.664 106.317 12.560
201809 11.622 106.507 13.664
201812 12.705 105.998 15.009
201903 12.865 107.251 15.021
201906 13.811 108.070 16.003
201909 15.071 108.329 17.421
201912 16.022 108.420 18.505
202003 16.033 108.902 18.436
202006 16.692 108.767 19.217
202009 17.353 109.815 19.788
202012 18.127 109.897 20.655
202103 18.424 111.754 20.644
202106 18.984 114.631 20.738
202109 19.844 115.734 21.471
202112 20.596 117.630 21.925
202203 20.277 121.301 20.932
202206 20.920 125.017 20.954
202209 21.645 125.227 21.644
202212 22.541 125.222 22.541

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.


National Bank of Kuwait - Egypt  (CAI:NBKE) 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.


National Bank of Kuwait - Egypt Cyclically Adjusted PB Ratio Related Terms

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National Bank of Kuwait - Egypt (CAI:NBKE) Business Description

Traded in Other Exchanges
N/A
Address
Plot No:155, City Centre, First Sector, 5th Settlement, New Cairo, EGY
National Bank of Kuwait - Egypt is an Egypt-based public shareholding company. It provides corporate, retail, and investment banking products and services to individuals, corporate, and institutional clients in the Arab Republic of Egypt and the Middle East. The bank's services are structured into retail banking, Islamic banking, corporate banking, and the financial Market divisions. The bank offers its products and services to individuals, corporate and institutional clients, through a network of branches located in Egypt, in cities such as Cairo, Giza, Alexandria, Sohaj, and others.

National Bank of Kuwait - Egypt (CAI:NBKE) Headlines

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