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National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Cyclically Adjusted Book per Share : د.إ4.86 (As of Mar. 2025)


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What is National Bank of Ras Al-Khaimah PSC Cyclically Adjusted Book per Share?

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 Ras Al-Khaimah PSC's adjusted book value per share for the three months ended in Mar. 2025 was د.إ5.740. 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.إ4.86 for the trailing ten years ended in Mar. 2025.

During the past 12 months, National Bank of Ras Al-Khaimah PSC's average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Ras Al-Khaimah PSC was 8.60% per year. The lowest was 6.70% per year. And the median was 7.90% per year.

As of today (2025-06-02), National Bank of Ras Al-Khaimah PSC's current stock price is د.إ6.72. National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was د.إ4.86. National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted PB Ratio of today is 1.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of National Bank of Ras Al-Khaimah PSC was 1.44. The lowest was 0.21. And the median was 1.08.


National Bank of Ras Al-Khaimah PSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for National Bank of Ras Al-Khaimah 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.

* Premium members only.

National Bank of Ras Al-Khaimah PSC Cyclically Adjusted Book per Share Chart

National Bank of Ras Al-Khaimah PSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.54 3.94 4.29 4.53 4.78

National Bank of Ras Al-Khaimah PSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.64 4.70 4.75 4.78 4.86

Competitive Comparison of National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, National Bank of Ras Al-Khaimah 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 Ras Al-Khaimah PSC's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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National Bank of Ras Al-Khaimah 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 Ras Al-Khaimah PSC's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.74/134.9266*134.9266
=5.740

Current CPI (Mar. 2025) = 134.9266.

National Bank of Ras Al-Khaimah PSC Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.480 100.684 4.664
201509 3.663 100.392 4.923
201512 3.818 99.792 5.162
201603 3.947 100.470 5.301
201606 3.692 101.688 4.899
201609 3.744 101.861 4.959
201612 3.747 101.863 4.963
201703 3.835 102.862 5.030
201706 3.685 103.349 4.811
201709 3.801 104.136 4.925
201712 3.887 104.011 5.042
201803 3.204 105.290 4.106
201806 3.316 106.317 4.208
201809 3.435 106.507 4.352
201812 3.524 105.998 4.486
201903 3.426 107.251 4.310
201906 3.582 108.070 4.472
201909 3.735 108.329 4.652
201912 3.880 108.420 4.829
202003 3.534 108.902 4.379
202006 3.716 108.767 4.610
202009 3.811 109.815 4.682
202012 3.881 109.897 4.765
202103 3.938 111.754 4.755
202106 3.921 114.631 4.615
202109 4.032 115.734 4.701
202112 4.148 117.630 4.758
202203 4.246 121.301 4.723
202206 4.130 125.017 4.457
202209 4.301 125.227 4.634
202212 4.472 125.222 4.819
202303 4.677 127.348 4.955
202306 4.639 128.729 4.862
202309 4.852 129.860 5.041
202312 5.134 129.419 5.352
202403 5.109 131.776 5.231
202406 5.352 132.554 5.448
202409 5.732 133.029 5.814
202412 5.849 133.157 5.927
202503 5.740 134.927 5.740

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


National Bank of Ras Al-Khaimah PSC  (ADX:RAKBANK) 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 Ras Al-Khaimah PSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.72/4.86
=1.38

* 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 Ras Al-Khaimah PSC was 1.44. The lowest was 0.21. And the median was 1.08.


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 Ras Al-Khaimah PSC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of National Bank of Ras Al-Khaimah PSC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


National Bank of Ras Al-Khaimah PSC Business Description

Traded in Other Exchanges
N/A
Address
Exit No. 129, Sheikh Mohammed Bin Zayed Road, P.O. Box 5300, Al Rifa Area, Ras Al-Khaimah, ARE
National Bank of Ras Al-Khaimah PSC is engaged in providing retail and commercial banking services in the UAE. The bank has operating segments namely Retail Banking, Wholesale Banking, Business Banking, Head office & Others. It generates maximum revenue from the Wholesale banking segment which represents transactions with corporate bodies including government and public bodies and comprises loans, advances, deposits, and trade finance transactions of corporate customers and financial institutions.

National Bank of Ras Al-Khaimah PSC Headlines

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