Al Enmaa Real Estate Co (KUW:ALENMA) Cyclically Adjusted Book per Share: KWD0.12 (As of Apr. 2026)

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KUW:ALENMA Al Enmaa Real Estate Co KUW:ALENMA
26 GF Score
Price KWD0.13
GF Value KWD0.10
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Al Enmaa Real Estate Co Cyclically Adjusted Book per Share?

Al Enmaa Real Estate Co KUW:ALENMA +0.81% 26 Cyclically Adjusted Book per Share is KWD0.12 as of Apr. 2026. GuruFocus rates KUW:ALENMA with a GF Score™ of 26/100 and a GF Value™ of KWD0.10 (Modestly Overvalued). The stock has 6 warning signs investors should review.

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.

Al Enmaa Real Estate Co's adjusted book value per share for the three months ended in Apr. 2026 was KWD0.104. 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 KWD0.12 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Al Enmaa Real Estate Co's average Cyclically Adjusted Book Growth Rate was -25.00% 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 (2026-08-11), Al Enmaa Real Estate Co's current stock price is KWD0.125. Al Enmaa Real Estate Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was KWD0.12. Al Enmaa Real Estate Co's Cyclically Adjusted PB Ratio of today is 1.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Al Enmaa Real Estate Co was 1.08. The lowest was 0.30. And the median was 0.51.


Al Enmaa Real Estate Co  (KUW:ALENMA) 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.

Al Enmaa Real Estate Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.125/0.12
=1.04

* 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 Al Enmaa Real Estate Co was 1.08. The lowest was 0.30. And the median was 0.51.


Be Aware

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


Al Enmaa Real Estate Co Cyclically Adjusted Book per Share Related Terms


Al Enmaa Real Estate Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Al Enmaa Real Estate Co'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.

Al Enmaa Real Estate Co Cyclically Adjusted Book per Share Chart

Al Enmaa Real Estate Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.16 0.12

Al Enmaa Real Estate Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.16 0.16 0.12 0.12 0.12

KUW:ALENMA vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Al Enmaa Real Estate Co'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.


Al Enmaa Real Estate Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Al Enmaa Real Estate Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Al Enmaa Real Estate Co's Cyclically Adjusted PB Ratio falls into.


KUW:ALENMA
26GF Score
Al Enmaa Real Estate Co KUW:ALENMA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al Enmaa Real Estate Co 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, Al Enmaa Real Estate Co's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.104/333.0200*333.0200
=0.104

Current CPI (Apr. 2026) = 333.0200.

Al Enmaa Real Estate Co Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.000 240.628 0.000
201610 0.126 241.729 0.174
201701 0.000 242.839 0.000
201704 0.000 244.524 0.000
201707 0.127 244.786 0.173
201710 0.107 246.663 0.144
201801 0.108 247.867 0.145
201804 0.109 250.546 0.145
201807 0.109 252.006 0.144
201810 0.097 252.885 0.128
201901 0.099 251.712 0.131
201904 0.100 255.548 0.130
201907 0.101 256.571 0.131
201910 0.100 257.346 0.129
202001 0.100 257.971 0.129
202004 0.099 256.389 0.129
202007 0.098 259.101 0.126
202010 0.097 260.388 0.124
202101 0.098 261.582 0.125
202104 0.098 267.054 0.122
202107 0.098 273.003 0.120
202110 0.091 276.589 0.110
202201 0.091 281.148 0.108
202204 0.090 289.109 0.104
202207 0.091 296.276 0.102
202210 0.091 298.012 0.102
202301 0.092 299.170 0.102
202304 0.092 303.363 0.101
202307 0.093 305.691 0.101
202310 0.094 307.671 0.102
202401 0.094 308.417 0.101
202404 0.095 313.548 0.101
202407 0.096 314.540 0.102
202410 0.098 315.664 0.103
202501 0.099 317.671 0.104
202504 0.100 320.795 0.104
202507 0.103 323.048 0.106
202510 0.104 0.000
202601 0.108 325.252 0.111
202604 0.104 333.020 0.104

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

What does a Cyclically Adjusted Book per Share of KWD0.12 mean?
Al Enmaa Real Estate Co (KUW:ALENMA) has a Cyclically Adjusted Book per Share of KWD0.12 as of Apr. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Al Enmaa Real Estate Co and its competitors.
Is Al Enmaa Real Estate Co's Cyclically Adjusted Book per Share too high?
Al Enmaa Real Estate Co's current Cyclically Adjusted Book per Share is KWD0.12. Overall, Al Enmaa Real Estate Co has a GF Score™ of 26/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al Enmaa Real Estate Co's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Al Enmaa Real Estate Co's Cyclically Adjusted Book per Share of KWD0.12 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Al Enmaa Real Estate Co and its competitors. Al Enmaa Real Estate Co's current Cyclically Adjusted Book per Share is KWD0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Enmaa Real Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Al Enmaa Real Estate Co (KUW:ALENMA) is currently considered Modestly Overvalued. The stock's GF Value™ is KWD0.10, compared to a current price of KWD0.13 — trading 25% above its estimated fair value. The current Cyclically Adjusted Book per Share is KWD0.12. Al Enmaa Real Estate Co's overall GF Score™ is 26/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Al Enmaa Real Estate Co (KUW:ALENMA), the current Cyclically Adjusted Book per Share is KWD0.12 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Al Enmaa Real Estate Co (KUW:ALENMA) Overvalued in 2026?

Based on GuruFocus' analysis, Al Enmaa Real Estate Co stock appears to be overvalued. The current stock price of KWD0.13 is trading 25% above its estimated GF Value™ of KWD0.10. GuruFocus considers Al Enmaa Real Estate Co to be Modestly Overvalued.

Key valuation signals for KUW:ALENMA:

  • Cyclically Adjusted Book per Share: KWD0.12
  • GF Value™: KWD0.10 vs. price of KWD0.13 (25% above fair value)
  • GF Score™: 26/100 with 6 warning signs

No single metric tells the full story. See the KUW:ALENMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Al Enmaa Real Estate Co Business Description

Address Abdullah Al-Mubarak Street, P.O. Box 24544, 1st, 2nd anD 3rd Floors, Al-Enmaa Tower, Mirqab, Safat, Kuwait City, KWT, 13160
Al Enmaa Real Estate Co is a real estate development and investment company. It operates in the following reportable segments: Construction projects, Services rendered, Real estate, and Investments. Maximum revenue is generated from the Services rendered segment, which undertakes maintenance of mechanical and electrical spare parts and building materials, provides security services, and manages real estate for others. The Construction projects segment undertakes contracts to construct buildings; the Real estate segment is involved in managing its own properties and renting properties; and the Investments segment invests in shares of local and foreign companies and real estate properties. Geographically, the Group generates maximum revenue from Kuwait and the rest from other Gulf countries.
26GF Score

Get the complete analysis for KUW:ALENMA

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KWD0.13
Price
KWD0.10
GF Value