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Commercial International Bank - Egypt CIB (STU:CIN) Cyclically Adjusted Book per Share : €0.30 (As of Mar. 2024)


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What is Commercial International Bank - Egypt CIB 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.

Commercial International Bank - Egypt CIB's adjusted book value per share for the three months ended in Mar. 2024 was €0.681. 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 €0.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Commercial International Bank - Egypt CIB's average Cyclically Adjusted Book Growth Rate was 21.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Commercial International Bank - Egypt CIB was 24.30% per year. The lowest was 20.20% per year. And the median was 22.25% per year.

As of today (2024-05-26), Commercial International Bank - Egypt CIB's current stock price is €1.44. Commercial International Bank - Egypt CIB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.30. Commercial International Bank - Egypt CIB's Cyclically Adjusted PB Ratio of today is 4.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Commercial International Bank - Egypt CIB was 6.52. The lowest was 1.92. And the median was 3.69.


Commercial International Bank - Egypt CIB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Commercial International Bank - Egypt CIB'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.

Commercial International Bank - Egypt CIB Cyclically Adjusted Book per Share Chart

Commercial International Bank - Egypt CIB 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 0.36 0.43 0.58 0.34 0.24

Commercial International Bank - Egypt CIB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.34 0.30 0.29 0.24 0.30

Competitive Comparison of Commercial International Bank - Egypt CIB's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Commercial International Bank - Egypt CIB'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.


Commercial International Bank - Egypt CIB's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Commercial International Bank - Egypt CIB's Cyclically Adjusted PB Ratio falls into.



Commercial International Bank - Egypt CIB 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, Commercial International Bank - Egypt CIB'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)
=0.681/131.7762*131.7762
=0.681

Current CPI (Mar. 2024) = 131.7762.

Commercial International Bank - Egypt CIB Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.437 99.695 0.578
201406 0.469 100.560 0.615
201409 0.525 100.428 0.689
201412 0.571 99.070 0.760
201503 0.616 99.621 0.815
201506 0.604 100.684 0.791
201509 0.626 100.392 0.822
201512 0.675 99.792 0.891
201603 0.537 100.470 0.704
201606 0.597 101.688 0.774
201609 0.667 101.861 0.863
201612 0.378 101.863 0.489
201703 0.402 102.862 0.515
201706 0.408 103.349 0.520
201709 0.434 104.136 0.549
201712 0.464 104.011 0.588
201803 0.439 105.290 0.549
201806 0.469 106.317 0.581
201809 0.499 106.507 0.617
201812 0.574 105.998 0.714
201903 0.672 107.251 0.826
201906 0.757 108.070 0.923
201909 0.902 108.329 1.097
201912 0.985 108.420 1.197
202003 0.902 108.902 1.091
202006 0.978 108.767 1.185
202009 0.984 109.815 1.181
202012 1.051 109.897 1.260
202103 1.073 111.754 1.265
202106 1.123 114.631 1.291
202109 1.205 115.734 1.372
202112 1.308 117.630 1.465
202203 1.193 121.301 1.296
202206 1.110 125.017 1.170
202209 1.126 125.227 1.185
202212 0.871 125.222 0.917
202303 0.626 127.348 0.648
202306 0.686 128.729 0.702
202312 0.889 129.419 0.905
202403 0.681 131.776 0.681

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


Commercial International Bank - Egypt CIB  (STU:CIN) 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.

Commercial International Bank - Egypt CIB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.44/0.3
=4.80

* 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 Commercial International Bank - Egypt CIB was 6.52. The lowest was 1.92. And the median was 3.69.


Be Aware

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


Commercial International Bank - Egypt CIB Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Commercial International Bank - Egypt CIB's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Commercial International Bank - Egypt CIB (STU:CIN) Business Description

Traded in Other Exchanges
Address
21/23 Charles De Gaulle Street, Nile Tower Building, Giza, EGY
Commercial International Bank - Egypt CIB provides retail, corporate, and investment banking services. It has Retail banking division under that it has the Consumer Banking Division is the core engine to CIB's dynamic service offering, providing a broad range of retail clients in different customer segments, an extensive bundle of products and services tailored to satisfy their needs. The Business Banking segment serves over seventy seven thousand SMEs. The division works with clients across the industry, providing market-leading services and innovative, bespoke solutions for small and medium enterprises as it works to cement CIB's position as a bank of choice for business owners.

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