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IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Cyclically Adjusted Book per Share : KWD0.18 (As of Jun. 2024)


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What is IFA Hotels & Resorts 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.

IFA Hotels & Resorts Co KSCC's adjusted book value per share for the three months ended in Jun. 2024 was KWD0.110. 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 KWD0.18 for the trailing ten years ended in Jun. 2024.

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 (2024-09-20), IFA Hotels & Resorts Co KSCC's current stock price is KWD1.40. IFA Hotels & Resorts Co KSCC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was KWD0.18. IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio of today is 7.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IFA Hotels & Resorts Co KSCC was 7.84. The lowest was 1.44. And the median was 2.83.


IFA Hotels & Resorts Co KSCC Cyclically Adjusted Book per Share Historical Data

The historical data trend for IFA Hotels & Resorts 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.

IFA Hotels & Resorts Co KSCC Cyclically Adjusted Book per Share Chart

IFA Hotels & Resorts Co KSCC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.42

IFA Hotels & Resorts Co KSCC Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - 0.42 0.32 0.18

Competitive Comparison of IFA Hotels & Resorts Co KSCC's Cyclically Adjusted Book per Share

For the Resorts & Casinos subindustry, IFA Hotels & Resorts 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.


IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio falls into.



IFA Hotels & Resorts 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, IFA Hotels & Resorts Co KSCC's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.11/132.5538*132.5538
=0.110

Current CPI (Jun. 2024) = 132.5538.

IFA Hotels & Resorts Co KSCC Quarterly Data

Book Value per Share CPI Adj_Book
201006 0.263 91.962 0.379
201203 0.240 96.783 0.329
201206 0.225 96.819 0.308
201209 0.212 97.633 0.288
201212 0.253 96.871 0.346
201312 0.373 98.326 0.503
201412 0.240 99.070 0.321
201512 0.278 99.792 0.369
201609 0.000 101.861 0.000
201612 0.293 101.863 0.381
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.277 104.136 0.353
201712 0.276 104.011 0.352
201803 0.275 105.290 0.346
201806 0.249 106.317 0.310
201809 0.237 106.507 0.295
201812 0.187 105.998 0.234
201903 0.168 107.251 0.208
201906 0.172 108.070 0.211
201909 0.145 108.329 0.177
201912 0.078 108.420 0.095
202003 0.053 108.902 0.065
202006 0.039 108.767 0.048
202009 0.014 109.815 0.017
202012 0.017 109.897 0.021
202103 0.016 111.754 0.019
202106 0.020 114.631 0.023
202109 0.028 115.734 0.032
202112 0.021 117.630 0.024
202203 0.024 121.301 0.026
202206 0.021 125.017 0.022
202209 0.028 125.227 0.030
202212 0.023 125.222 0.024
202303 0.022 127.348 0.023
202306 0.022 128.729 0.023
202309 0.068 129.860 0.069
202312 0.079 129.419 0.081
202403 0.097 131.776 0.098
202406 0.110 132.554 0.110

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


IFA Hotels & Resorts Co KSCC  (KUW:IFAHR) 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.

IFA Hotels & Resorts Co KSCC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.40/0.18
=7.78

* 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 IFA Hotels & Resorts Co KSCC was 7.84. The lowest was 1.44. And the median was 2.83.


Be Aware

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


IFA Hotels & Resorts Co KSCC Cyclically Adjusted Book per Share Related Terms

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


IFA Hotels & Resorts Co KSCC Business Description

Traded in Other Exchanges
N/A
Address
Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047
IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

IFA Hotels & Resorts Co KSCC Headlines

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