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Allam Bank BSC (DFM:SALAM_BAH) Cyclically Adjusted Book per Share : د.إ1.34 (As of Mar. 2025)


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What is Allam Bank BSC 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.

Allam Bank BSC's adjusted book value per share for the three months ended in Mar. 2025 was د.إ2.018. 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.إ1.34 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Allam Bank BSC's average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.70% 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 Allam Bank BSC was 2.70% per year. The lowest was 2.70% per year. And the median was 2.70% per year.

As of today (2025-06-24), Allam Bank BSC's current stock price is د.إ2.13. Allam Bank BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was د.إ1.34. Allam Bank BSC's Cyclically Adjusted PB Ratio of today is 1.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Allam Bank BSC was 1.73. The lowest was 0.43. And the median was 0.67.


Allam Bank BSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Allam Bank BSC'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.

Allam Bank BSC Cyclically Adjusted Book per Share Chart

Allam Bank BSC 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 1.15 1.14 1.29 1.25 1.26

Allam Bank BSC 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 1.26 1.26 1.32 1.26 1.34

Competitive Comparison of Allam Bank BSC's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Allam Bank BSC'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.


Allam Bank BSC's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Allam Bank BSC's Cyclically Adjusted PB Ratio falls into.


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Allam Bank BSC 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, Allam Bank BSC'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)
=2.018/134.9266*134.9266
=2.018

Current CPI (Mar. 2025) = 134.9266.

Allam Bank BSC Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.036 100.684 1.388
201509 1.043 100.392 1.402
201512 1.047 99.792 1.416
201603 1.027 100.470 1.379
201606 1.039 101.688 1.379
201609 1.063 101.861 1.408
201612 1.296 101.863 1.717
201703 1.048 102.862 1.375
201706 1.062 103.349 1.386
201709 1.076 104.136 1.394
201712 1.004 104.011 1.302
201803 0.973 105.290 1.247
201806 0.985 106.317 1.250
201809 1.008 106.507 1.277
201812 1.016 105.998 1.293
201903 1.009 107.251 1.269
201906 1.030 108.070 1.286
201909 1.062 108.329 1.323
201912 1.084 108.420 1.349
202003 0.000 108.902 0.000
202006 0.986 108.767 1.223
202009 0.992 109.815 1.219
202012 0.955 109.897 1.173
202103 0.975 111.754 1.177
202106 1.000 114.631 1.177
202109 1.014 115.734 1.182
202112 1.035 117.630 1.187
202203 1.012 121.301 1.126
202206 1.005 125.017 1.085
202209 1.017 125.227 1.096
202212 1.057 125.222 1.139
202303 1.084 127.348 1.149
202306 1.104 128.729 1.157
202309 1.143 129.860 1.188
202312 1.179 129.419 1.229
202403 1.309 131.776 1.340
202406 1.451 132.554 1.477
202409 1.510 133.029 1.532
202412 1.808 133.157 1.832
202503 2.018 134.927 2.018

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


Allam Bank BSC  (DFM:SALAM_BAH) 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.

Allam Bank BSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.13/1.34
=1.59

* 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 Allam Bank BSC was 1.73. The lowest was 0.43. And the median was 0.67.


Be Aware

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


Allam Bank BSC Cyclically Adjusted Book per Share Related Terms

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


Allam Bank BSC Business Description

Industry
Traded in Other Exchanges
Address
Burj Al Khair 3, P.O. Box 18282, Manama, BHR
Al Salam Bank BSC is a banking corporation operating in Bahrain. It provides various Islamic banking products and services in the Kingdom of Bahrain. The company offers money market, trading, and treasury services, including short-term commodities, managing portfolios, and serving clients with a range of investment products, funds, and alternative investments. Besides, it also manages the un-deployed capital of the company by investing it in high-quality financial instruments. The company's reportable segments namely Banking, Treasury, Takaful and Investments. It generates maximum revenue from the Banking segment.

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