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Al-Deera Holding Co KSCC (KUW:ALDEERA) Cyclically Adjusted PB Ratio : 1.55 (As of May. 28, 2024)


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What is Al-Deera Holding Co KSCC Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Al-Deera Holding Co KSCC's current share price is KWD0.403. Al-Deera Holding Co KSCC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.26. Al-Deera Holding Co KSCC's Cyclically Adjusted PB Ratio for today is 1.55.

The historical rank and industry rank for Al-Deera Holding Co KSCC's Cyclically Adjusted PB Ratio or its related term are showing as below:

KUW:ALDEERA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.33   Med: 1.43   Max: 1.56
Current: 1.55

During the past years, Al-Deera Holding Co KSCC's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 1.33. And the median was 1.43.

KUW:ALDEERA's Cyclically Adjusted PB Ratio is ranked worse than
81.32% of 937 companies
in the Asset Management industry
Industry Median: 0.8 vs KUW:ALDEERA: 1.55

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-Deera Holding Co KSCC's adjusted book value per share data for the three months ended in Mar. 2024 was KWD0.295. 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 KWD0.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Al-Deera Holding Co KSCC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Al-Deera Holding Co KSCC'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-Deera Holding Co KSCC Cyclically Adjusted PB Ratio Chart

Al-Deera Holding Co KSCC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Al-Deera Holding 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 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 - - - - 1.33

Competitive Comparison of Al-Deera Holding Co KSCC's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Al-Deera Holding 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.


Al-Deera Holding Co KSCC's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Al-Deera Holding Co KSCC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Al-Deera Holding Co KSCC's Cyclically Adjusted PB Ratio falls into.



Al-Deera Holding Co KSCC 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-Deera Holding Co KSCC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.403/0.26
=1.55

* 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-Deera Holding Co KSCC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Al-Deera Holding 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)
=0.295/131.7762*131.7762
=0.295

Current CPI (Mar. 2024) = 131.7762.

Al-Deera Holding Co KSCC Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.510 99.070 0.678
201503 0.000 99.621 0.000
201506 0.473 100.684 0.619
201509 0.430 100.392 0.564
201512 0.309 99.792 0.408
201603 0.299 100.470 0.392
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.320 101.863 0.414
201703 0.000 102.862 0.000
201706 0.326 103.349 0.416
201709 0.384 104.136 0.486
201712 0.301 104.011 0.381
201803 0.199 105.290 0.249
201806 0.173 106.317 0.214
201809 0.172 106.507 0.213
201812 0.185 105.998 0.230
201903 0.169 107.251 0.208
201906 0.143 108.070 0.174
201909 0.131 108.329 0.159
201912 0.128 108.420 0.156
202003 0.084 108.902 0.102
202006 0.046 108.767 0.056
202009 0.098 109.815 0.118
202012 0.105 109.897 0.126
202103 0.317 111.754 0.374
202106 0.138 114.631 0.159
202109 0.158 115.734 0.180
202112 0.158 117.630 0.177
202203 0.181 121.301 0.197
202206 0.150 125.017 0.158
202209 0.138 125.227 0.145
202212 0.139 125.222 0.146
202303 0.122 127.348 0.126
202306 0.137 128.729 0.140
202309 0.179 129.860 0.182
202312 0.229 129.419 0.233
202403 0.295 131.776 0.295

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-Deera Holding Co KSCC  (KUW:ALDEERA) 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-Deera Holding Co KSCC Cyclically Adjusted PB Ratio Related Terms

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Al-Deera Holding Co KSCC (KUW:ALDEERA) Business Description

Traded in Other Exchanges
N/A
Address
Salhia Complex - Gate 8 - Floor 5, P.O. Box: 4839, Safat, Kuwait City, KWT, 13049
Al-Deera Holding Co KSCC is an investment holding company. The company along with its subsidiaries operates under business segments that are Telecommunications and Investment.

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