Ajial Real Estate & Entertainment Co (KUW:AREEC) Cyclically Adjusted PB Ratio : 0.39 (As of Jun. 10, 2024)

View and export this data going back to 1997. Start your Free Trial

What is Ajial Real Estate & Entertainment Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Ajial Real Estate & Entertainment Co's current share price is KWD0.276. Ajial Real Estate & Entertainment Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.71. Ajial Real Estate & Entertainment Co's Cyclically Adjusted PB Ratio for today is 0.39.

The historical rank and industry rank for Ajial Real Estate & Entertainment Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

KUW:AREEC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.37 Max: 0.4
Current: 0.39

During the past years, Ajial Real Estate & Entertainment Co's highest Cyclically Adjusted PB Ratio was 0.40. The lowest was 0.32. And the median was 0.37.

KUW:AREEC's Cyclically Adjusted PB Ratio is ranked better than
69.01% of 1397 companies
in the Real Estate industry
Industry Median: 0.7 vs KUW:AREEC: 0.39

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.

Ajial Real Estate & Entertainment Co's adjusted book value per share data for the three months ended in Mar. 2024 was KWD0.652. 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 KWD0.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Ajial Real Estate & Entertainment Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ajial Real Estate & Entertainment Co'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.

Ajial Real Estate & Entertainment Co Cyclically Adjusted PB Ratio Chart

Ajial Real Estate & Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

Get a 7-Day Free Trial

0.39

0.35

Ajial Real Estate & Entertainment Co 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															0.35	0.34	0.34	0.35	0.37

Competitive Comparison of Ajial Real Estate & Entertainment Co's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Ajial Real Estate & Entertainment Co'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.

Ajial Real Estate & Entertainment Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ajial Real Estate & Entertainment Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ajial Real Estate & Entertainment Co's Cyclically Adjusted PB Ratio falls into.

Ajial Real Estate & Entertainment Co 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.

Ajial Real Estate & Entertainment Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	0.276	/	0.71
	=	0.39

Ajial Real Estate & Entertainment Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ajial Real Estate & Entertainment Co'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)
	=	0.652	/	131.7762	*	131.7762
	=	0.652

Current CPI (Mar. 2024) = 131.7762.

Ajial Real Estate & Entertainment Co Quarterly Data

	Book Value per Share	CPI	Adj_Book
201406	0.000	100.560	0.000
201409	0.000	100.428	0.000
201412	0.556	99.070	0.740
201503	0.558	99.621	0.738
201506	0.562	100.684	0.736
201509	0.563	100.392	0.739
201512	0.557	99.792	0.736
201603	0.000	100.470	0.000
201606	0.000	101.688	0.000
201609	0.000	101.861	0.000
201612	0.564	101.863	0.730
201703	0.570	102.862	0.730
201706	0.572	103.349	0.729
201709	0.579	104.136	0.733
201712	0.577	104.011	0.731
201803	0.578	105.290	0.723
201806	0.585	106.317	0.725
201809	0.588	106.507	0.728
201812	0.585	105.998	0.727
201903	0.590	107.251	0.725
201906	0.595	108.070	0.726
201909	0.600	108.329	0.730
201912	0.595	108.420	0.723
202003	0.600	108.902	0.726
202006	0.602	108.767	0.729
202009	0.636	109.815	0.763
202012	0.602	109.897	0.722
202103	0.610	111.754	0.719
202106	0.615	114.631	0.707
202109	0.619	115.734	0.705
202112	0.622	117.630	0.697
202203	0.621	121.301	0.675
202206	0.626	125.017	0.660
202209	0.630	125.227	0.663
202212	0.637	125.222	0.670
202303	0.641	127.348	0.663
202306	0.642	128.729	0.657
202309	0.650	129.860	0.660
202312	0.653	129.419	0.665
202403	0.652	131.776	0.652

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.

Ajial Real Estate & Entertainment Co (KUW:AREEC) 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.

Ajial Real Estate & Entertainment Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Ajial Real Estate & Entertainment Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Ajial Real Estate & Entertainment Co (KUW:AREEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ajial Real Estate & Entertainment Co (KUW:AREEC) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Hamra Tower, 26th Floor, Office No. 2, P.O. Box 22448, Safat, Kuwait City, KWT, 13085

Website

http://www.ajial-realestate.com

Ajial Real Estate & Entertainment Co is a real estate company. Its activities include buying and selling lands, renting and selling of real estate domestically and outside Kuwait, establishing and maintaining residential complexes, the building of commercial markets and entertainment centres, touristic facilities and special accommodations, provide contracting services and trading of building materials. The company's segments include Real estate investing activities that invests and trades in real estate and construction or development of real estate for the sale; and Equities and other investing activities that invest in financial and real estate funds and manages the group's liquidity requirements.

Ajial Real Estate & Entertainment Co (KUW:AREEC) Headlines

No Headlines