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National International Holding Co KSCC (DFM:NIH) Cyclically Adjusted Book per Share : د.إ2.50 (As of Dec. 2023)


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What is National International Holding Co KSCC 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 International Holding Co KSCC's adjusted book value per share for the three months ended in Dec. 2023 was د.إ2.066. 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.إ2.50 for the trailing ten years ended in Dec. 2023.

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 (2024-05-01), National International Holding Co KSCC's current stock price is د.إ1.40. National International Holding Co KSCC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was د.إ2.50. National International Holding Co KSCC's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of National International Holding Co KSCC was 0.56. The lowest was 0.53. And the median was 0.55.


National International Holding Co KSCC Cyclically Adjusted Book per Share Historical Data

The historical data trend for National International Holding Co KSCC'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 International Holding Co KSCC Cyclically Adjusted Book per Share Chart

National International Holding Co KSCC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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National International Holding Co KSCC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of National International Holding Co KSCC's Cyclically Adjusted Book per Share

For the Asset Management subindustry, National International Holding Co KSCC'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 International Holding Co KSCC's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, National International Holding Co KSCC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where National International Holding Co KSCC's Cyclically Adjusted PB Ratio falls into.



National International Holding Co KSCC 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 International Holding Co KSCC's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.066/129.4194*129.4194
=2.066

Current CPI (Dec. 2023) = 129.4194.

National International Holding Co KSCC Quarterly Data

Book Value per Share CPI Adj_Book
201206 1.855 96.819 2.480
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201412 1.888 99.070 2.466
201503 1.834 99.621 2.383
201506 1.844 100.684 2.370
201509 0.000 100.392 0.000
201512 1.775 99.792 2.302
201603 1.799 100.470 2.317
201606 1.898 101.688 2.416
201609 1.842 101.861 2.340
201612 1.976 101.863 2.511
201703 1.998 102.862 2.514
201706 2.062 103.349 2.582
201709 2.105 104.136 2.616
201712 2.106 104.011 2.620
201803 2.138 105.290 2.628
201806 2.100 106.317 2.556
201809 2.102 106.507 2.554
201812 2.196 105.998 2.681
201903 2.216 107.251 2.674
201906 2.189 108.070 2.621
201909 2.163 108.329 2.584
201912 2.181 108.420 2.603
202003 2.141 108.902 2.544
202006 2.119 108.767 2.521
202009 2.141 109.815 2.523
202012 2.014 109.897 2.372
202103 1.990 111.754 2.305
202106 1.968 114.631 2.222
202109 2.026 115.734 2.266
202112 2.077 117.630 2.285
202203 2.122 121.301 2.264
202206 2.106 125.017 2.180
202209 2.006 125.227 2.073
202212 1.988 125.222 2.055
202303 2.003 127.348 2.036
202306 1.985 128.729 1.996
202309 1.967 129.860 1.960
202312 2.066 129.419 2.066

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


National International Holding Co KSCC  (DFM:NIH) 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 International Holding Co KSCC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.40/2.5
=0.56

* 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 International Holding Co KSCC was 0.56. The lowest was 0.53. And the median was 0.55.


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 International Holding Co KSCC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of National International Holding Co KSCC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


National International Holding Co KSCC (DFM:NIH) Business Description

Traded in Other Exchanges
Address
Abdulaziz Al-Saqer Street, Floor 45, Al-Raya Tower 2, PO Box 25825, Safat, Kuwait City, KWT
National International Holding Co KSCC is an investment company that invests in private equity and financial instruments, regionally and globally. The company is engaged in various types of investment activities through a well-diversified investment portfolio spread over several investment sectors basically financial services, real estate, industrial, contracting, information technology, and leisure and tourism. The group has three reportable segments Financial investing activities; Real Estate investing activities and Industrial activities.

National International Holding Co KSCC (DFM:NIH) Headlines

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