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Societe Arabe Internationale de Banque (CAI:SAIB) Cyclically Adjusted Book per Share : $10.71 (As of Sep. 2023)


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What is Societe Arabe Internationale de Banque 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.

Societe Arabe Internationale de Banque's adjusted book value per share for the three months ended in Sep. 2023 was $11.344. 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 $10.71 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Societe Arabe Internationale de Banque's average Cyclically Adjusted Book Growth Rate was 5.20% per year. 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 (2024-05-24), Societe Arabe Internationale de Banque's current stock price is $2.11. Societe Arabe Internationale de Banque's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $10.71. Societe Arabe Internationale de Banque's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Societe Arabe Internationale de Banque was 0.20. The lowest was 0.14. And the median was 0.17.


Societe Arabe Internationale de Banque Cyclically Adjusted Book per Share Historical Data

The historical data trend for Societe Arabe Internationale de Banque'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.

Societe Arabe Internationale de Banque Cyclically Adjusted Book per Share Chart

Societe Arabe Internationale de Banque Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 10.16

Societe Arabe Internationale de Banque Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 10.18 10.16 10.37 10.55 10.71

Competitive Comparison of Societe Arabe Internationale de Banque's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Societe Arabe Internationale de Banque'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.


Societe Arabe Internationale de Banque's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Societe Arabe Internationale de Banque's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Societe Arabe Internationale de Banque's Cyclically Adjusted PB Ratio falls into.



Societe Arabe Internationale de Banque 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, Societe Arabe Internationale de Banque'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)
=11.344/129.8595*129.8595
=11.344

Current CPI (Sep. 2023) = 129.8595.

Societe Arabe Internationale de Banque Quarterly Data

Book Value per Share CPI Adj_Book
201303 0.000 98.209 0.000
201306 0.000 98.518 0.000
201312 0.000 98.326 0.000
201403 7.206 99.695 9.386
201406 7.673 100.560 9.909
201409 0.000 100.428 0.000
201412 8.574 99.070 11.239
201509 8.488 100.392 10.979
201512 9.025 99.792 11.744
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 8.694 101.861 11.084
201612 8.827 101.863 11.253
201703 9.223 102.862 11.644
201706 9.282 103.349 11.663
201709 9.562 104.136 11.924
201712 9.883 104.011 12.339
201803 9.910 105.290 12.223
201806 9.417 106.317 11.502
201809 9.509 106.507 11.594
201812 4.356 105.998 5.337
201903 8.385 107.251 10.153
201906 8.447 108.070 10.150
201909 8.936 108.329 10.712
201912 9.765 108.420 11.696
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 10.598 109.897 12.523
202103 5.643 111.754 6.557
202106 10.453 114.631 11.842
202109 10.362 115.734 11.627
202112 10.588 117.630 11.689
202203 10.283 121.301 11.009
202206 5.289 125.017 5.494
202209 9.815 125.227 10.178
202212 10.344 125.222 10.727
202303 10.924 127.348 11.139
202306 11.136 128.729 11.234
202309 11.344 129.860 11.344

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


Societe Arabe Internationale de Banque  (CAI:SAIB) 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.

Societe Arabe Internationale de Banque's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.11/10.71
=0.20

* 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 Societe Arabe Internationale de Banque was 0.20. The lowest was 0.14. And the median was 0.17.


Be Aware

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


Societe Arabe Internationale de Banque Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Societe Arabe Internationale de Banque's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Societe Arabe Internationale de Banque (CAI:SAIB) Business Description

Traded in Other Exchanges
N/A
Address
56 Gamaet El-Dowal El-Arabia Steet, PO Box 54, Mohandseen, Giza, Cairo, EGY
Societe Arabe Internationale de Banque is an Egypt-based bank. It provides corporate and retail banking services and investment services in Egypt. The company has various segments which include Large, medium, and small size enterprises, Investing, Retail, and other activities and It generates the majority of revenue from the Large enterprise segment.

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