GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IFA Hotels & Resorts Co KSCC (KUW:IFAHR) » Definitions » Cyclically Adjusted PB Ratio

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Cyclically Adjusted PB Ratio : 2.83 (As of May. 24, 2024)


View and export this data going back to 2006. Start your Free Trial

What is IFA Hotels & Resorts Co KSCC Cyclically Adjusted PB Ratio?

As of today (2024-05-24), IFA Hotels & Resorts Co KSCC's current share 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 for today is 2.83.

The historical rank and industry rank for IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio or its related term are showing as below:

KUW:IFAHR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.01   Max: 3.12
Current: 2.86

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

KUW:IFAHR's Cyclically Adjusted PB Ratio is ranked worse than
90.26% of 1335 companies
in the Real Estate industry
Industry Median: 0.71 vs KUW:IFAHR: 2.86

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


IFA Hotels & Resorts Co KSCC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IFA Hotels & Resorts 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.

IFA Hotels & Resorts Co KSCC Cyclically Adjusted PB Ratio Chart

IFA Hotels & Resorts Co KSCC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.52

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 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 - - - 1.52 3.01

Competitive Comparison of IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio

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 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.

IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio for 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.

IFA Hotels & Resorts Co KSCC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


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


IFA Hotels & Resorts Co KSCC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio 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

No Headlines