Commercial Bank International PSC (ADX:CBI) Cyclically Adjusted Book per Share: د.إ1.78 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADX:CBI Commercial Bank International PSC ADX:CBI
19 GF Score
Price د.إ0.87
GF Value د.إ0.91
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Commercial Bank International PSC Cyclically Adjusted Book per Share?

Commercial Bank International PSC ADX:CBI -0.57% 19 Cyclically Adjusted Book per Share is د.إ1.78 as of Jun. 2026. GuruFocus rates ADX:CBI with a GF Score™ of 19/100 and a GF Value™ of د.إ0.91 (Fairly Valued). The stock has 3 warning signs investors should review.

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 Bank International PSC's adjusted book value per share for the three months ended in Jun. 2026 was د.إ1.893. 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 د.إ1.78 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Commercial Bank International PSC's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.10% 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 Bank International PSC was 6.10% per year. The lowest was 2.40% per year. And the median was 4.70% per year.

As of today (2026-09-02), Commercial Bank International PSC's current stock price is د.إ0.865. Commercial Bank International PSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was د.إ1.78. Commercial Bank International PSC's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Commercial Bank International PSC was 1.66. The lowest was 0.34. And the median was 0.50.


Commercial Bank International PSC  (ADX:CBI) 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 Bank International PSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.865/1.78
=0.49

* 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 Bank International PSC was 1.66. The lowest was 0.34. And the median was 0.50.


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 Bank International PSC Cyclically Adjusted Book per Share Related Terms


Commercial Bank International PSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Commercial Bank International PSC'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.

Commercial Bank International PSC Cyclically Adjusted Book per Share Chart

Commercial Bank International PSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.60 1.65 1.68 1.72

Commercial Bank International PSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.72 1.73 1.72 1.76 1.78

ADX:CBI vs USB, PNC: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Commercial Bank International PSC'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 Bank International PSC Cyclically Adjusted PB Ratio vs Banks Industry

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

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


ADX:CBI
19GF Score
Commercial Bank International PSC ADX:CBI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Commercial Bank International PSC 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 Bank International PSC's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.893/333.9520*333.9520
=1.893

Current CPI (Jun. 2026) = 333.9520.

Commercial Bank International PSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.351 241.428 1.869
201612 1.352 241.432 1.870
201703 1.363 243.801 1.867
201706 0.000 244.955 0.000
201709 1.381 246.819 1.869
201712 1.296 246.524 1.756
201803 1.320 249.554 1.766
201806 1.312 251.989 1.739
201809 1.348 252.439 1.783
201812 1.367 251.233 1.817
201903 1.396 254.202 1.834
201906 1.408 256.143 1.836
201909 1.426 256.759 1.855
201912 1.423 256.974 1.849
202003 1.428 258.115 1.848
202006 1.432 257.797 1.855
202009 1.393 260.280 1.787
202012 1.398 260.474 1.792
202103 1.343 264.877 1.693
202106 0.000 271.696 0.000
202109 1.373 274.310 1.672
202112 1.465 278.802 1.755
202203 1.477 287.504 1.716
202206 1.457 296.311 1.642
202209 1.464 296.808 1.647
202212 1.494 296.797 1.681
202303 1.513 301.836 1.674
202306 1.539 305.109 1.684
202309 1.567 307.789 1.700
202312 1.584 306.746 1.724
202403 1.605 312.332 1.716
202406 1.624 314.175 1.726
202409 0.000 315.301 0.000
202412 1.686 315.605 1.784
202503 1.709 319.799 1.785
202506 1.727 322.561 1.788
202509 1.738 324.800 1.787
202512 1.823 324.054 1.879
202603 1.848 330.213 1.869
202606 1.893 333.952 1.893

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

What does a Cyclically Adjusted Book per Share of د.إ1.78 mean?
Commercial Bank International PSC (ADX:CBI) has a Cyclically Adjusted Book per Share of د.إ1.78 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Commercial Bank International PSC and its competitors.
Is Commercial Bank International PSC's Cyclically Adjusted Book per Share too high?
Commercial Bank International PSC's current Cyclically Adjusted Book per Share is د.إ1.78. Overall, Commercial Bank International PSC has a GF Score™ of 19/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Commercial Bank International PSC's Cyclically Adjusted Book per Share compare to USB and PNC?
Commercial Bank International PSC's Cyclically Adjusted Book per Share of د.إ1.78 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Commercial Bank International PSC and its competitors. Commercial Bank International PSC's current Cyclically Adjusted Book per Share is د.إ1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commercial Bank International PSC stock overvalued right now?
Based on GuruFocus' analysis, Commercial Bank International PSC (ADX:CBI) is currently considered Fairly Valued. The stock's GF Value™ is د.إ0.91, compared to a current price of د.إ0.87 — trading 4.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is د.إ1.78. Commercial Bank International PSC's overall GF Score™ is 19/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Commercial Bank International PSC (ADX:CBI), the current Cyclically Adjusted Book per Share is د.إ1.78 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Commercial Bank International PSC (ADX:CBI) Overvalued in 2026?

Based on GuruFocus' analysis, Commercial Bank International PSC stock appears to be undervalued. The current stock price of د.إ0.87 is trading 4.9% below its estimated GF Value™ of د.إ0.91. GuruFocus considers Commercial Bank International PSC to be Fairly Valued.

Key valuation signals for ADX:CBI:

  • Cyclically Adjusted Book per Share: د.إ1.78
  • GF Value™: د.إ0.91 vs. price of د.إ0.87 (4.9% below fair value)
  • GF Score™: 19/100 with 3 warning signs

No single metric tells the full story. See the ADX:CBI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Commercial Bank International PSC Business Description

Address Ras Al-Khaimah, P.O. Box 793, Dubai, ARE
Commercial Bank International PSC provides banking services to companies and enterprising people in the UAE for their personal and professional financial needs. The company's operating segment includes Wholesale banking; Retail banking; Treasury; Real estate and Others. It generates majority of its revenue from the wholesale banking segment.
19GF Score

Get the complete analysis for ADX:CBI

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ0.87
Price
د.إ0.91
GF Value