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IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Cyclically Adjusted Book per Share : KWD0.40 (As of Mar. 2024)


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What is IFA Hotels & Resorts Co KSCC 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.

IFA Hotels & Resorts Co KSCC's adjusted book value per share for the three months ended in Mar. 2024 was KWD0.121. 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 KWD0.40 for the trailing ten years ended in Mar. 2024.

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), IFA Hotels & Resorts Co KSCC's current stock price is KWD1.132. IFA Hotels & Resorts Co KSCC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.40. IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio of today is 2.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IFA Hotels & Resorts Co KSCC was 3.12. The lowest was 1.43. And the median was 2.01.


IFA Hotels & Resorts Co KSCC Cyclically Adjusted Book per Share Historical Data

The historical data trend for IFA Hotels & Resorts Co KSCC'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.

IFA Hotels & Resorts Co KSCC Cyclically Adjusted Book per Share Chart

IFA Hotels & Resorts Co KSCC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.53

IFA Hotels & Resorts Co KSCC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 0.53 0.40

Competitive Comparison of IFA Hotels & Resorts Co KSCC's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, IFA Hotels & Resorts Co KSCC'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.


IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio falls into.



IFA Hotels & Resorts Co KSCC 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, IFA Hotels & Resorts Co KSCC'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)
=0.121/131.7762*131.7762
=0.121

Current CPI (Mar. 2024) = 131.7762.

IFA Hotels & Resorts Co KSCC Quarterly Data

Book Value per Share CPI Adj_Book
200906 4.579 91.003 6.631
201006 0.329 91.962 0.471
201203 0.299 96.783 0.407
201206 0.282 96.819 0.384
201209 0.265 97.633 0.358
201212 0.316 96.871 0.430
201312 0.466 98.326 0.625
201412 0.301 99.070 0.400
201512 0.348 99.792 0.460
201609 0.000 101.861 0.000
201612 0.366 101.863 0.473
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.347 104.136 0.439
201712 0.344 104.011 0.436
201803 0.343 105.290 0.429
201806 0.312 106.317 0.387
201809 0.296 106.507 0.366
201812 0.233 105.998 0.290
201903 0.210 107.251 0.258
201906 0.215 108.070 0.262
201909 0.181 108.329 0.220
201912 0.098 108.420 0.119
202003 0.067 108.902 0.081
202006 0.049 108.767 0.059
202009 0.018 109.815 0.022
202012 0.021 109.897 0.025
202103 0.021 111.754 0.025
202106 0.025 114.631 0.029
202109 0.034 115.734 0.039
202112 0.026 117.630 0.029
202203 0.030 121.301 0.033
202206 0.026 125.017 0.027
202209 0.035 125.227 0.037
202212 0.029 125.222 0.031
202303 0.028 127.348 0.029
202306 0.027 128.729 0.028
202309 0.085 129.860 0.086
202312 0.098 129.419 0.100
202403 0.121 131.776 0.121

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


IFA Hotels & Resorts Co KSCC  (KUW:IFAHR) 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.

IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.132/0.4
=2.83

* 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 IFA Hotels & Resorts Co KSCC was 3.12. The lowest was 1.43. And the median was 2.01.


Be Aware

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


IFA Hotels & Resorts Co KSCC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of IFA Hotels & Resorts Co KSCC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Business Description

Traded in Other Exchanges
N/A
Address
Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047
IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Headlines

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