National Bank of Fujairah PSC (ADX:NBF) Cyclically Adjusted Book per Share: د.إ3.12 (As of Mar. 2026)


ADX:NBF National Bank of Fujairah PSC ADX:NBF
56 GF Score
Price د.إ5.00
GF Value د.إ5.14
Valuation Fairly Valued
! 5 Warning Signs
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What is National Bank of Fujairah PSC Cyclically Adjusted Book per Share?

National Bank of Fujairah PSC ADX:NBF 56 Cyclically Adjusted Book per Share is د.إ3.12 as of Mar. 2026. GuruFocus rates ADX:NBF with a GF Score™ of 56/100 and a GF Value™ of د.إ5.14 (Fairly Valued). The stock has 5 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.

National Bank of Fujairah PSC's adjusted book value per share for the three months ended in Mar. 2026 was د.إ3.110. 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.إ3.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, National Bank of Fujairah PSC's average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.20% 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 National Bank of Fujairah PSC was 10.80% per year. The lowest was 5.30% per year. And the median was 8.20% per year.

As of today (2026-07-08), National Bank of Fujairah PSC's current stock price is د.إ5.00. National Bank of Fujairah PSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was د.إ3.12. National Bank of Fujairah PSC's Cyclically Adjusted PB Ratio of today is 1.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of National Bank of Fujairah PSC was 2.19. The lowest was 0.68. And the median was 1.73.


National Bank of Fujairah PSC  (ADX:NBF) 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.

National Bank of Fujairah PSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.00/3.12
=1.60

* 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 National Bank of Fujairah PSC was 2.19. The lowest was 0.68. And the median was 1.73.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


National Bank of Fujairah PSC Cyclically Adjusted Book per Share Related Terms


National Bank of Fujairah PSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for National Bank of Fujairah 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.

National Bank of Fujairah PSC Cyclically Adjusted Book per Share Chart

National Bank of Fujairah 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 2.35 2.62 2.80 2.98 3.06

National Bank of Fujairah PSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.02 3.04 3.06 3.06 3.12

National Bank of Fujairah PSC Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, National Bank of Fujairah 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.


National Bank of Fujairah PSC Cyclically Adjusted PB Ratio vs Banks Industry

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

* The bar in red indicates where National Bank of Fujairah PSC's Cyclically Adjusted PB Ratio falls into.


ADX:NBF
56GF Score
National Bank of Fujairah PSC ADX:NBF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Bank of Fujairah 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, National Bank of Fujairah PSC's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.11/330.2130*330.2130
=3.110

Current CPI (Mar. 2026) = 330.2130.

National Bank of Fujairah PSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.234 241.018 3.061
201609 2.275 241.428 3.112
201612 2.303 241.432 3.150
201703 2.142 243.801 2.901
201706 2.380 244.955 3.208
201709 2.427 246.819 3.247
201712 2.459 246.524 3.294
201803 2.366 249.554 3.131
201806 2.449 251.989 3.209
201809 2.243 252.439 2.934
201812 2.301 251.233 3.024
201903 2.326 254.202 3.022
201906 2.418 256.143 3.117
201909 2.483 256.759 3.193
201912 2.853 256.974 3.666
202003 2.772 258.115 3.546
202006 2.781 257.797 3.562
202009 2.790 260.280 3.540
202012 2.548 260.474 3.230
202103 2.554 264.877 3.184
202106 2.556 271.696 3.107
202109 2.451 274.310 2.951
202112 2.550 278.802 3.020
202203 2.558 287.504 2.938
202206 2.573 296.311 2.867
202209 2.596 296.808 2.888
202212 2.628 296.797 2.924
202303 2.703 301.836 2.957
202306 2.764 305.109 2.991
202309 2.840 307.789 3.047
202312 2.950 306.746 3.176
202403 2.963 312.332 3.133
202406 3.031 314.175 3.186
202409 3.615 315.301 3.786
202412 2.657 315.605 2.780
202503 2.635 319.799 2.721
202506 2.766 322.561 2.832
202509 2.900 324.800 2.948
202512 3.003 324.054 3.060
202603 3.110 330.213 3.110

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.إ3.12 mean?
National Bank of Fujairah PSC (ADX:NBF) has a Cyclically Adjusted Book per Share of د.إ3.12 as of Mar. 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 National Bank of Fujairah PSC and its competitors.
Is National Bank of Fujairah PSC's Cyclically Adjusted Book per Share too high?
National Bank of Fujairah PSC's current Cyclically Adjusted Book per Share is د.إ3.12. Overall, National Bank of Fujairah PSC has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Fujairah PSC's Cyclically Adjusted Book per Share compare to competitors?
National Bank of Fujairah PSC's Cyclically Adjusted Book per Share of د.إ3.12 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 National Bank of Fujairah PSC and its competitors. National Bank of Fujairah PSC's current Cyclically Adjusted Book per Share is د.إ3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Fujairah PSC stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Fujairah PSC (ADX:NBF) is currently considered Fairly Valued. The stock's GF Value™ is د.إ5.14, compared to a current price of د.إ5.00 — trading 2.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is د.إ3.12. National Bank of Fujairah PSC's overall GF Score™ is 56/100 with 5 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 National Bank of Fujairah PSC (ADX:NBF), the current Cyclically Adjusted Book per Share is د.إ3.12 as of Mar. 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 National Bank of Fujairah PSC (ADX:NBF) Overvalued in 2026?

Based on GuruFocus' analysis, National Bank of Fujairah PSC stock appears to be undervalued. The current stock price of د.إ5.00 is trading 2.7% below its estimated GF Value™ of د.إ5.14. GuruFocus considers National Bank of Fujairah PSC to be Fairly Valued.

Key valuation signals for ADX:NBF:

  • Cyclically Adjusted Book per Share: د.إ3.12
  • GF Value™: د.إ5.14 vs. price of د.إ5.00 (2.7% below fair value)
  • GF Score™: 56/100 with 5 warning signs

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


National Bank of Fujairah PSC Business Description

Address Hamad Bin Abdullah Street, P.O. Box 887, Fujairah, ARE
National Bank of Fujairah PSC is a UAE-based commercial bank. It provides commercial banking products and services in the United Arab Emirates. The group conducts its activity through segments namely, Corporate and Institutional Banking; Business Banking, Retail Banking; and Treasury, Asset and Liability Management and others. Its products and services include current, savings and fixed deposit, and personal, auto, home, and construction loans, as well as guarantees, overdrafts, and term lending solutions. The company's majority of the revenue is generated from the Business Banking segment which offers a products and services including credit and trade finance products, and services to small and medium sized customers through separate units and accepts deposits.
56GF Score

Get the complete analysis for ADX:NBF

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

د.إ5.00
Price
د.إ5.14
GF Value