Commercial Bank Of Kuwait (KUW:CBK) Cyclically Adjusted Book per Share: KWD0.40 (As of Jun. 2026)

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KUW:CBK Commercial Bank Of Kuwait KUW:CBK
23 GF Score
Price KWD0.50
GF Value KWD0.56
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Commercial Bank Of Kuwait Cyclically Adjusted Book per Share?

Commercial Bank Of Kuwait KUW:CBK -0.40% 23 Cyclically Adjusted Book per Share is KWD0.40 as of Jun. 2026. GuruFocus rates KUW:CBK with a GF Score™ of 23/100 and a GF Value™ of KWD0.56 (Modestly Undervalued). 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.

Commercial Bank Of Kuwait's adjusted book value per share for the three months ended in Jun. 2026 was KWD0.408. 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 KWD0.40 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Commercial Bank Of Kuwait's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.40% 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 Commercial Bank Of Kuwait was 7.50% per year. The lowest was 3.80% per year. And the median was 5.00% per year.

As of today (2026-08-26), Commercial Bank Of Kuwait's current stock price is KWD0.498. Commercial Bank Of Kuwait's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was KWD0.40. Commercial Bank Of Kuwait's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Commercial Bank Of Kuwait was 2.08. The lowest was 1.18. And the median was 1.38.


Commercial Bank Of Kuwait  (KUW:CBK) 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.

Commercial Bank Of Kuwait's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.498/0.40
=1.25

* 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 Commercial Bank Of Kuwait was 2.08. The lowest was 1.18. And the median was 1.38.


Be Aware

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


Commercial Bank Of Kuwait Cyclically Adjusted Book per Share Related Terms


Commercial Bank Of Kuwait Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Commercial Bank Of Kuwait'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.

Commercial Bank Of Kuwait Cyclically Adjusted Book per Share Chart

Commercial Bank Of Kuwait Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.34 0.36 0.37 0.38

Commercial Bank Of Kuwait Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.38 0.38 0.38 0.39 0.40

KUW:CBK vs PNC, USB: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Commercial Bank Of Kuwait'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.


Commercial Bank Of Kuwait Cyclically Adjusted PB Ratio vs Banks Industry

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

* The bar in red indicates where Commercial Bank Of Kuwait's Cyclically Adjusted PB Ratio falls into.


KUW:CBK
23GF Score
Commercial Bank Of Kuwait KUW:CBK
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Commercial Bank Of Kuwait 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, Commercial Bank Of Kuwait's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.408/333.9520*333.9520
=0.408

Current CPI (Jun. 2026) = 333.9520.

Commercial Bank Of Kuwait Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.255 241.428 0.353
201612 0.269 241.432 0.372
201703 0.275 243.801 0.377
201706 0.265 244.955 0.361
201709 0.279 246.819 0.377
201712 0.292 246.524 0.396
201803 0.303 249.554 0.405
201806 0.290 251.989 0.384
201809 0.305 252.439 0.403
201812 0.325 251.233 0.432
201903 0.334 254.202 0.439
201906 0.326 256.143 0.425
201909 0.325 256.759 0.423
201912 0.332 256.974 0.431
202003 0.300 258.115 0.388
202006 0.307 257.797 0.398
202009 0.327 260.280 0.420
202012 0.318 260.474 0.408
202103 0.319 264.877 0.402
202106 0.351 271.696 0.431
202109 0.366 274.310 0.446
202112 0.377 278.802 0.452
202203 0.404 287.504 0.469
202206 0.383 296.311 0.432
202209 0.308 296.808 0.347
202212 0.317 296.797 0.357
202303 0.329 301.836 0.364
202306 0.318 305.109 0.348
202309 0.338 307.789 0.367
202312 0.335 306.746 0.365
202403 0.348 312.332 0.372
202406 0.339 314.175 0.360
202409 0.342 315.301 0.362
202412 0.378 315.605 0.400
202503 0.392 319.799 0.409
202506 0.373 322.561 0.386
202509 0.379 324.800 0.390
202512 0.397 324.054 0.409
202603 0.383 330.213 0.387
202606 0.408 333.952 0.408

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 KWD0.40 mean?
Commercial Bank Of Kuwait (KUW:CBK) has a Cyclically Adjusted Book per Share of KWD0.40 as of Jun. 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 Commercial Bank Of Kuwait and its competitors.
Is Commercial Bank Of Kuwait's Cyclically Adjusted Book per Share too high?
Commercial Bank Of Kuwait's current Cyclically Adjusted Book per Share is KWD0.40. Overall, Commercial Bank Of Kuwait has a GF Score™ of 23/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Commercial Bank Of Kuwait's Cyclically Adjusted Book per Share compare to PNC and USB?
Commercial Bank Of Kuwait's Cyclically Adjusted Book per Share of KWD0.40 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 Commercial Bank Of Kuwait and its competitors. Commercial Bank Of Kuwait's current Cyclically Adjusted Book per Share is KWD0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commercial Bank Of Kuwait stock overvalued right now?
Based on GuruFocus' analysis, Commercial Bank Of Kuwait (KUW:CBK) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD0.56, compared to a current price of KWD0.50 — trading 11.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is KWD0.40. Commercial Bank Of Kuwait's overall GF Score™ is 23/100 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 Commercial Bank Of Kuwait (KUW:CBK), the current Cyclically Adjusted Book per Share is KWD0.40 as of Jun. 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 Commercial Bank Of Kuwait (KUW:CBK) Overvalued in 2026?

Based on GuruFocus' analysis, Commercial Bank Of Kuwait stock appears to be undervalued. The current stock price of KWD0.50 is trading 11.1% below its estimated GF Value™ of KWD0.56. GuruFocus considers Commercial Bank Of Kuwait to be Modestly Undervalued.

Key valuation signals for KUW:CBK:

  • Cyclically Adjusted Book per Share: KWD0.40
  • GF Value™: KWD0.56 vs. price of KWD0.50 (11.1% below fair value)
  • GF Score™: 23/100 with 6 warning signs

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


Commercial Bank Of Kuwait Business Description

Address Mubarak Al Kabeer Street, P.O. Box 2861, Safat, Kuwait, KWT, 13029
Commercial Bank Of Kuwait is a financial institution engaged in the provision of banking and financial services. The bank operates through two segments: Corporate and Retail Banking, which provides lending, deposit, and related banking services to corporate and individual customers; and Treasury and Investment Banking, which includes money market activities, foreign exchange, treasury instruments, and brokerage services.
23GF Score

Get the complete analysis for KUW:CBK

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

KWD0.50
Price
KWD0.56
GF Value