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Al Baraka Bank Egypt (CAI:SAUD) Cyclically Adjusted PB Ratio : 1.82 (As of Jun. 08, 2024)


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What is Al Baraka Bank Egypt Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Al Baraka Bank Egypt's current share price is E£10.70. Al Baraka Bank Egypt's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was E£5.88. Al Baraka Bank Egypt's Cyclically Adjusted PB Ratio for today is 1.82.

The historical rank and industry rank for Al Baraka Bank Egypt's Cyclically Adjusted PB Ratio or its related term are showing as below:

CAI:SAUD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.45   Max: 2.72
Current: 1.86

During the past years, Al Baraka Bank Egypt's highest Cyclically Adjusted PB Ratio was 2.72. The lowest was 0.83. And the median was 1.45.

CAI:SAUD's Cyclically Adjusted PB Ratio is ranked worse than
86.68% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs CAI:SAUD: 1.86

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 Baraka Bank Egypt's adjusted book value per share data for the three months ended in Sep. 2023 was E£12.467. 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£5.88 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Al Baraka Bank Egypt Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Al Baraka Bank 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.

Al Baraka Bank Egypt Cyclically Adjusted PB Ratio Chart

Al Baraka Bank 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 - - - 1.06 1.59

Al Baraka Bank Egypt Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.94 1.59 1.39 1.48 1.57

Competitive Comparison of Al Baraka Bank Egypt's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Al Baraka Bank 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.


Al Baraka Bank Egypt's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Al Baraka Bank Egypt's Cyclically Adjusted PB Ratio falls into.



Al Baraka Bank 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.

Al Baraka Bank Egypt's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.70/5.88
=1.82

* 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.

Al Baraka Bank Egypt's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Al Baraka Bank Egypt's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=12.467/129.8595*129.8595
=12.467

Current CPI (Sep. 2023) = 129.8595.

Al Baraka Bank Egypt Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.602 98.326 2.116
201403 1.591 99.695 2.072
201406 1.666 100.560 2.151
201409 1.922 100.428 2.485
201412 1.826 99.070 2.394
201503 1.771 99.621 2.309
201506 1.875 100.684 2.418
201509 1.969 100.392 2.547
201512 2.047 99.792 2.664
201603 2.170 100.470 2.805
201606 2.346 101.688 2.996
201609 2.529 101.861 3.224
201612 2.711 101.863 3.456
201703 0.000 102.862 0.000
201706 3.058 103.349 3.842
201709 3.359 104.136 4.189
201712 3.621 104.011 4.521
201803 3.633 105.290 4.481
201806 3.905 106.317 4.770
201809 4.202 106.507 5.123
201812 4.719 105.998 5.781
201903 4.525 107.251 5.479
201906 4.888 108.070 5.874
201909 5.339 108.329 6.400
201912 5.618 108.420 6.729
202003 5.513 108.902 6.574
202006 5.912 108.767 7.058
202009 6.724 109.815 7.951
202012 6.944 109.897 8.205
202103 7.279 111.754 8.458
202106 7.574 114.631 8.580
202109 6.915 115.734 7.759
202112 8.277 117.630 9.138
202203 8.765 121.301 9.383
202206 9.080 125.017 9.432
202209 9.720 125.227 10.080
202212 10.442 125.222 10.829
202303 10.678 127.348 10.889
202306 11.634 128.729 11.736
202309 12.467 129.860 12.467

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.


Al Baraka Bank Egypt  (CAI:SAUD) 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.


Al Baraka Bank Egypt Cyclically Adjusted PB Ratio Related Terms

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


Al Baraka Bank Egypt (CAI:SAUD) Business Description

Traded in Other Exchanges
N/A
Address
Plot 29, Road 90, P.O. Box 84, City Center, First Sector, 5th Settlement, New Cairo, EGY
Al Baraka Bank Egypt operates as an Islamic bank. It provides banking, commercial, financial and investment services. Geographically, it derives a majority of revenue from Greater Cairo. The Bank provides direct financing to companies and institutions that enjoy high creditworthiness, and participates in the syndicated loans of economically feasible large projects that provide employment opportunities as well as contributes to the finance of small and medium enterprises. Its products and services include trade finance such as open account, payment guarantee, vostro accounts, and various investment funds scheme.

Al Baraka Bank Egypt (CAI:SAUD) Headlines

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