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Allam Bank Sudan (DFM:ALSALAMSUDAN) Cyclically Adjusted PB Ratio : 1.04 (As of Jun. 08, 2024)


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What is Allam Bank Sudan Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Allam Bank Sudan's current share price is د.إ0.456. Allam Bank Sudan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was د.إ0.44. Allam Bank Sudan's Cyclically Adjusted PB Ratio for today is 1.04.

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

DFM:ALSALAMSUDAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.86   Max: 3.12
Current: 1.14

During the past years, Allam Bank Sudan's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 1.14. And the median was 2.86.

DFM:ALSALAMSUDAN's Cyclically Adjusted PB Ratio is ranked worse than
66.42% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs DFM:ALSALAMSUDAN: 1.14

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.

Allam Bank Sudan's adjusted book value per share data for the three months ended in Mar. 2024 was د.إ1.636. 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 د.إ0.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allam Bank Sudan Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Allam Bank Sudan'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.

Allam Bank Sudan Cyclically Adjusted PB Ratio Chart

Allam Bank Sudan 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 - - - - 2.68

Allam Bank Sudan 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 - 3.12 2.87 2.68 1.79

Competitive Comparison of Allam Bank Sudan's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Allam Bank Sudan'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.


Allam Bank Sudan's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Allam Bank Sudan's Cyclically Adjusted PB Ratio falls into.



Allam Bank Sudan 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.

Allam Bank Sudan's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.456/0.44
=1.04

* 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.

Allam Bank Sudan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Allam Bank Sudan'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)
=1.636/131.7762*131.7762
=1.636

Current CPI (Mar. 2024) = 131.7762.

Allam Bank Sudan Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.040 98.326 0.054
201409 0.000 100.428 0.000
201412 0.050 99.070 0.067
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.053 100.392 0.070
201512 0.054 99.792 0.071
201603 0.054 100.470 0.071
201606 0.055 101.688 0.071
201609 0.057 101.861 0.074
201612 0.061 101.863 0.079
201703 0.062 102.862 0.079
201706 0.063 103.349 0.080
201709 0.065 104.136 0.082
201712 0.068 104.011 0.086
201803 0.105 105.290 0.131
201806 0.107 106.317 0.133
201809 0.108 106.507 0.134
201812 0.144 105.998 0.179
201903 0.146 107.251 0.179
201906 0.145 108.070 0.177
201909 0.145 108.329 0.176
201912 0.147 108.420 0.179
202003 0.164 108.902 0.198
202006 0.167 108.767 0.202
202009 0.174 109.815 0.209
202012 0.171 109.897 0.205
202103 0.695 111.754 0.820
202106 0.809 114.631 0.930
202109 0.802 115.734 0.913
202112 0.750 117.630 0.840
202203 0.967 121.301 1.051
202206 0.970 125.017 1.022
202209 0.991 125.227 1.043
202212 0.988 125.222 1.040
202303 1.044 127.348 1.080
202306 1.033 128.729 1.057
202309 1.007 129.860 1.022
202312 1.288 129.419 1.311
202403 1.636 131.776 1.636

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.


Allam Bank Sudan  (DFM:ALSALAMSUDAN) 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.


Allam Bank Sudan Cyclically Adjusted PB Ratio Related Terms

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


Allam Bank Sudan (DFM:ALSALAMSUDAN) Business Description

Traded in Other Exchanges
N/A
Address
Aljamhoria street, Alhuria street junction, Khartoum, SDN
Al Salam Bank Sudan is a banking corporation operating in Sudan. It is engaged in providing banking and financial services. The services provided by the company are retail banking, corporate banking, electronic services and others. The retail banking includes current account, saving the account, time deposit account, money transferring and lockers facility. The corporate banking includes a letter of credit, letter of guarantee, loans and advances, lease and others. The electronic services offered, includes mobile banking, SMS banking, cards and internet banking.

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