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Abu Dhabi Islamic Bank - Egypt (CAI:ADIB) Cyclically Adjusted Book per Share : E£17.45 (As of Jun. 2024)


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What is Abu Dhabi Islamic Bank - Egypt 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.

Abu Dhabi Islamic Bank - Egypt's adjusted book value per share for the three months ended in Jun. 2024 was E£30.785. 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 E£17.45 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Abu Dhabi Islamic Bank - Egypt's average Cyclically Adjusted Book Growth Rate was 18.20% 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.

As of today (2024-09-24), Abu Dhabi Islamic Bank - Egypt's current stock price is E£39.50. Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was E£17.45. Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PB Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Abu Dhabi Islamic Bank - Egypt was 2.95. The lowest was 0.70. And the median was 1.24.


Abu Dhabi Islamic Bank - Egypt Cyclically Adjusted Book per Share Historical Data

The historical data trend for Abu Dhabi Islamic Bank - Egypt'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.

Abu Dhabi Islamic Bank - Egypt Cyclically Adjusted Book per Share Chart

Abu Dhabi Islamic Bank - Egypt Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 10.75 13.91 15.84

Abu Dhabi Islamic Bank - Egypt Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 14.76 15.36 15.84 16.68 17.45

Competitive Comparison of Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Abu Dhabi Islamic Bank - Egypt'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.


Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PB Ratio falls into.



Abu Dhabi Islamic Bank - Egypt 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, Abu Dhabi Islamic Bank - Egypt's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=30.785/132.5538*132.5538
=30.785

Current CPI (Jun. 2024) = 132.5538.

Abu Dhabi Islamic Bank - Egypt Quarterly Data

Book Value per Share CPI Adj_Book
201409 3.166 100.428 4.179
201412 3.645 99.070 4.877
201503 4.099 99.621 5.454
201506 4.141 100.684 5.452
201509 4.227 100.392 5.581
201512 4.292 99.792 5.701
201603 4.941 100.470 6.519
201606 5.150 101.688 6.713
201609 5.509 101.861 7.169
201612 5.996 101.863 7.803
201703 6.500 102.862 8.376
201706 7.601 103.349 9.749
201709 8.084 104.136 10.290
201712 8.597 104.011 10.956
201803 9.223 105.290 11.611
201806 10.093 106.317 12.584
201809 11.082 106.507 13.792
201812 11.936 105.998 14.926
201903 12.783 107.251 15.799
201906 14.191 108.070 17.406
201909 15.448 108.329 18.902
201912 16.443 108.420 20.103
202003 17.375 108.902 21.149
202006 18.438 108.767 22.470
202009 19.607 109.815 23.667
202012 21.012 109.897 25.344
202103 21.648 111.754 25.677
202106 23.061 114.631 26.667
202109 24.799 115.734 28.403
202112 26.208 117.630 29.533
202203 27.357 121.301 29.895
202206 31.132 125.017 33.009
202209 34.430 125.227 36.445
202212 18.521 125.222 19.605
202303 22.125 127.348 23.029
202306 24.489 128.729 25.217
202309 21.890 129.860 22.344
202312 23.908 129.419 24.487
202403 26.025 131.776 26.179
202406 30.785 132.554 30.785

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


Abu Dhabi Islamic Bank - Egypt  (CAI:ADIB) 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.

Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.50/17.45
=2.26

* 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 Abu Dhabi Islamic Bank - Egypt was 2.95. The lowest was 0.70. And the median was 1.24.


Be Aware

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


Abu Dhabi Islamic Bank - Egypt Cyclically Adjusted Book per Share Related Terms

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Abu Dhabi Islamic Bank - Egypt Business Description

Traded in Other Exchanges
N/A
Address
9A Rustom Street, Garden City, Cairo, EGY, 11511
Abu Dhabi Islamic Bank - Egypt is engaged in the provision of banking services. The bank operates in the following segments :Large, medium and small enterprises, Investment, Retail, and other activities. It provides personal banking solutions comprising of current, SMART, tiered monthly saving account, wealth management services, bancassurance, and various credit and debit card facilities. Additionally, the bank renders corporate finance, and treasury services comprising of foreign exchange, sharia-compliant products, and market analysis. Further, it also grants Islamic options for the letter of guarantee and letter of credit.

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