GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Emirates Investment Bank PJSC (DFM:EIBANK) » Definitions » Cyclically Adjusted Book per Share

Emirates Investment Bank PJSC (DFM:EIBANK) Cyclically Adjusted Book per Share : د.إ116.11 (As of Mar. 2025)


View and export this data going back to 2005. Start your Free Trial

What is Emirates Investment Bank PJSC 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.

Emirates Investment Bank PJSC's adjusted book value per share for the three months ended in Mar. 2025 was د.إ138.672. 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.إ116.11 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Emirates Investment Bank PJSC's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Emirates Investment Bank PJSC was 6.60% per year. The lowest was 6.60% per year. And the median was 6.60% per year.

As of today (2025-06-01), Emirates Investment Bank PJSC's current stock price is د.إ80.00. Emirates Investment Bank PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was د.إ116.11. Emirates Investment Bank PJSC's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Emirates Investment Bank PJSC was 1.14. The lowest was 0.63. And the median was 0.83.


Emirates Investment Bank PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Emirates Investment Bank PJSC'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.

Emirates Investment Bank PJSC Cyclically Adjusted Book per Share Chart

Emirates Investment Bank PJSC 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 - 93.88 102.09 107.30 113.66

Emirates Investment Bank PJSC 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 110.02 111.42 112.61 113.66 116.11

Competitive Comparison of Emirates Investment Bank PJSC's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Emirates Investment Bank PJSC'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.


Emirates Investment Bank PJSC's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Emirates Investment Bank PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Emirates Investment Bank PJSC's Cyclically Adjusted PB Ratio falls into.


;
;

Emirates Investment Bank PJSC 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, Emirates Investment Bank PJSC'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)
=138.672/134.9266*134.9266
=138.672

Current CPI (Mar. 2025) = 134.9266.

Emirates Investment Bank PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201506 73.655 100.684 98.705
201509 68.566 100.392 92.153
201512 69.710 99.792 94.253
201603 69.331 100.470 93.108
201606 72.506 101.688 96.206
201609 77.208 101.861 102.271
201612 77.208 101.863 102.269
201703 82.937 102.862 108.790
201706 84.724 103.349 110.611
201709 88.935 104.136 115.231
201712 89.506 104.011 116.110
201803 95.320 105.290 122.151
201806 97.800 106.317 124.118
201809 98.838 106.507 125.212
201812 99.889 105.998 127.150
201903 102.786 107.251 129.310
201906 105.771 108.070 132.057
201909 106.177 108.329 132.246
201912 104.666 108.420 130.255
202003 95.144 108.902 117.881
202006 96.097 108.767 119.209
202009 94.986 109.815 116.707
202012 96.582 109.897 118.579
202103 97.766 111.754 118.038
202106 100.190 114.631 117.928
202109 100.597 115.734 117.279
202112 102.098 117.630 117.111
202203 90.953 121.301 101.170
202206 87.333 125.017 94.256
202209 84.934 125.227 91.513
202212 90.592 125.222 97.613
202303 119.270 127.348 126.368
202306 113.956 128.729 119.443
202309 116.280 129.860 120.817
202312 121.433 129.419 126.600
202403 125.975 131.776 128.987
202406 128.586 132.554 130.888
202409 134.847 133.029 136.771
202412 134.614 133.157 136.403
202503 138.672 134.927 138.672

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


Emirates Investment Bank PJSC  (DFM:EIBANK) 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.

Emirates Investment Bank PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=80.00/116.11
=0.69

* 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 Emirates Investment Bank PJSC was 1.14. The lowest was 0.63. And the median was 0.83.


Be Aware

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


Emirates Investment Bank PJSC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Emirates Investment Bank PJSC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Emirates Investment Bank PJSC Business Description

Traded in Other Exchanges
N/A
Address
Level 15, Festival Tower, P.O. Box 5503, Dubai Festival City, Dubai, ARE
Emirates Investment Bank PJSC is engaged in the business of investment advisory and wealth management. The group is organized into two business segments: Investments, which is principally involved in managing the company's investment portfolio and provides treasury services; and Banking Service segment principally manages clients' investment portfolios, provides credit facilities, and accepts deposits from corporate and individual customers and provides advisory services on corporate finance and capital market transactions. The firm derives the majority of its revenue from the United Arab Emirates.

Emirates Investment Bank PJSC Headlines

No Headlines