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Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Cyclically Adjusted PB Ratio : 4.86 (As of Apr. 27, 2024)


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What is Commercial International Bank - Egypt CIB Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Commercial International Bank - Egypt CIB's current share price is $1.605. Commercial International Bank - Egypt CIB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $0.33. Commercial International Bank - Egypt CIB's Cyclically Adjusted PB Ratio for today is 4.86.

The historical rank and industry rank for Commercial International Bank - Egypt CIB's Cyclically Adjusted PB Ratio or its related term are showing as below:

CIBEY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.92   Med: 3.69   Max: 6.52
Current: 5.14

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

CIBEY's Cyclically Adjusted PB Ratio is ranked worse than
97.78% of 1172 companies
in the Banks industry
Industry Median: 0.92 vs CIBEY: 5.14

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 adjusted book value per share data for the three months ended in Jun. 2023 was $0.744. 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 $0.33 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Commercial International Bank - Egypt CIB Cyclically Adjusted PB Ratio Historical Data

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

Commercial International Bank - Egypt CIB Cyclically Adjusted PB Ratio Chart

Commercial International Bank - Egypt CIB 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 6.01 3.39 3.22 3.14 -

Commercial International Bank - Egypt CIB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 1.97 3.14 3.68 3.53 -

Competitive Comparison of Commercial International Bank - Egypt CIB's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.605/0.33
=4.86

* 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.

Commercial International Bank - Egypt CIB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Commercial International Bank - Egypt CIB's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.744/128.7287*128.7287
=0.744

Current CPI (Jun. 2023) = 128.7287.

Commercial International Bank - Egypt CIB Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.586 98.790 0.764
201312 0.594 98.326 0.778
201403 0.604 99.695 0.780
201406 0.637 100.560 0.815
201409 0.677 100.428 0.868
201412 0.704 99.070 0.915
201503 0.667 99.621 0.862
201506 0.678 100.684 0.867
201509 0.702 100.392 0.900
201512 0.735 99.792 0.948
201603 0.598 100.470 0.766
201606 0.671 101.688 0.849
201609 0.749 101.861 0.947
201612 0.399 101.863 0.504
201703 0.430 102.862 0.538
201706 0.459 103.349 0.572
201709 0.517 104.136 0.639
201712 0.549 104.011 0.679
201803 0.542 105.290 0.663
201806 0.548 106.317 0.664
201809 0.582 106.507 0.703
201812 0.653 105.998 0.793
201903 0.760 107.251 0.912
201906 0.855 108.070 1.018
201909 0.993 108.329 1.180
201912 1.095 108.420 1.300
202003 0.996 108.902 1.177
202006 1.101 108.767 1.303
202009 1.159 109.815 1.359
202012 1.279 109.897 1.498
202103 1.277 111.754 1.471
202106 1.354 114.631 1.521
202109 1.418 115.734 1.577
202112 1.479 117.630 1.619
202203 1.314 121.301 1.394
202206 1.174 125.017 1.209
202209 1.115 125.227 1.146
202212 0.922 125.222 0.948
202303 0.670 127.348 0.677
202306 0.744 128.729 0.744

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.


Commercial International Bank - Egypt CIB  (OTCPK:CIBEY) 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.


Commercial International Bank - Egypt CIB Cyclically Adjusted PB Ratio Related Terms

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


Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) 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.

Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Headlines

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