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Security Investment Bank (KAR:SIBL) Cyclically Adjusted Book per Share : ₨13.53 (As of Mar. 2025)


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What is Security Investment Bank 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.

Security Investment Bank's adjusted book value per share for the three months ended in Mar. 2025 was ₨14.448. 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 ₨13.53 for the trailing ten years ended in Mar. 2025.

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 (2025-05-28), Security Investment Bank's current stock price is ₨8.37. Security Investment Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₨13.53. Security Investment Bank's Cyclically Adjusted PB Ratio of today is 0.62.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Security Investment Bank was 0.81. The lowest was 0.59. And the median was 0.67.


Security Investment Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Security Investment Bank'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.

Security Investment Bank Cyclically Adjusted Book per Share Chart

Security Investment Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
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Security Investment Bank 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 - - - - 13.53

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

For the Credit Services subindustry, Security Investment Bank'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.


Security Investment Bank's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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


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Security Investment Bank 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, Security Investment Bank'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)
=14.448/134.9266*134.9266
=14.448

Current CPI (Mar. 2025) = 134.9266.

Security Investment Bank Quarterly Data

Book Value per Share CPI Adj_Book
201312 8.919 98.326 12.239
201412 8.746 99.070 11.911
201512 8.690 99.792 11.750
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 10.174 101.863 13.476
201703 10.222 102.862 13.408
201706 10.154 103.349 13.256
201709 10.242 104.136 13.270
201712 10.106 104.011 13.110
201803 10.368 105.290 13.286
201806 10.193 106.317 12.936
201809 13.278 106.507 16.821
201812 10.149 105.998 12.919
201903 10.490 107.251 13.197
201906 10.413 108.070 13.001
201909 10.178 108.329 12.677
201912 10.798 108.420 13.438
202003 10.139 108.902 12.562
202006 10.548 108.767 13.085
202009 12.059 109.815 14.817
202012 12.105 109.897 14.862
202103 12.824 111.754 15.483
202106 13.083 114.631 15.399
202109 0.000 115.734 0.000
202112 12.529 117.630 14.371
202203 12.325 121.301 13.709
202206 11.511 125.017 12.423
202209 11.663 125.227 12.566
202212 11.970 125.222 12.898
202303 0.000 127.348 0.000
202306 12.259 128.729 12.849
202309 12.768 129.860 13.266
202312 13.319 129.419 13.886
202403 13.619 131.776 13.945
202406 13.530 132.554 13.772
202409 13.843 133.029 14.040
202412 14.193 133.157 14.382
202503 14.448 134.927 14.448

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


Security Investment Bank  (KAR:SIBL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.37/13.53
=0.62

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Security Investment Bank was 0.81. The lowest was 0.59. 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.


Security Investment Bank Cyclically Adjusted Book per Share Related Terms

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


Security Investment Bank Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Haroon Road, 502, 5th Floor, Madina City Mall, Saddar, Karachi, PAK
Security Investment Bank Ltd is engaged in providing financial services. It is a non-banking financial company. It is involved in providing investment finance services, car financing, and corporate advisory services. It operates its business in the Pakistan region.

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