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KAMCO Investment Company K.S.C.P (KUW:KAMCO) Cyclically Adjusted Book per Share : KWD0.20 (As of Dec. 2023)


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What is KAMCO Investment Company K.S.C.P 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.

KAMCO Investment Company K.S.C.P's adjusted book value per share for the three months ended in Dec. 2023 was KWD0.174. 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 KWD0.20 for the trailing ten years ended in Dec. 2023.

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 (2024-04-30), KAMCO Investment Company K.S.C.P's current stock price is KWD0.0999. KAMCO Investment Company K.S.C.P's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was KWD0.20. KAMCO Investment Company K.S.C.P's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KAMCO Investment Company K.S.C.P was 0.84. The lowest was 0.42. And the median was 0.53.


KAMCO Investment Company K.S.C.P Cyclically Adjusted Book per Share Historical Data

The historical data trend for KAMCO Investment Company K.S.C.P'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.

KAMCO Investment Company K.S.C.P Cyclically Adjusted Book per Share Chart

KAMCO Investment Company K.S.C.P 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 - - 0.19 0.20 0.20

KAMCO Investment Company K.S.C.P Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.20 0.20 0.20 0.20 0.20

Competitive Comparison of KAMCO Investment Company K.S.C.P's Cyclically Adjusted Book per Share

For the Asset Management subindustry, KAMCO Investment Company K.S.C.P'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.


KAMCO Investment Company K.S.C.P's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, KAMCO Investment Company K.S.C.P's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where KAMCO Investment Company K.S.C.P's Cyclically Adjusted PB Ratio falls into.



KAMCO Investment Company K.S.C.P 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, KAMCO Investment Company K.S.C.P's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.174/129.4194*129.4194
=0.174

Current CPI (Dec. 2023) = 129.4194.

KAMCO Investment Company K.S.C.P Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.176 99.695 0.228
201406 0.172 100.560 0.221
201409 0.184 100.428 0.237
201412 0.177 99.070 0.231
201503 0.178 99.621 0.231
201506 0.174 100.684 0.224
201509 0.153 100.392 0.197
201512 0.157 99.792 0.204
201603 0.156 100.470 0.201
201606 0.153 101.688 0.195
201609 0.168 101.861 0.213
201612 0.173 101.863 0.220
201703 0.179 102.862 0.225
201706 0.174 103.349 0.218
201709 0.178 104.136 0.221
201712 0.177 104.011 0.220
201803 0.164 105.290 0.202
201806 0.165 106.317 0.201
201809 0.164 106.507 0.199
201812 0.167 105.998 0.204
201903 0.168 107.251 0.203
201906 0.161 108.070 0.193
201909 0.097 108.329 0.116
201912 0.165 108.420 0.197
202003 0.148 108.902 0.176
202006 0.142 108.767 0.169
202009 0.151 109.815 0.178
202012 0.146 109.897 0.172
202103 0.154 111.754 0.178
202106 0.167 114.631 0.189
202109 0.173 115.734 0.193
202112 0.177 117.630 0.195
202203 0.189 121.301 0.202
202206 0.181 125.017 0.187
202209 0.180 125.227 0.186
202212 0.183 125.222 0.189
202303 0.178 127.348 0.181
202306 0.173 128.729 0.174
202309 0.169 129.860 0.168
202312 0.174 129.419 0.174

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


KAMCO Investment Company K.S.C.P  (KUW:KAMCO) 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.

KAMCO Investment Company K.S.C.P's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0999/0.2
=0.50

* 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 KAMCO Investment Company K.S.C.P was 0.84. The lowest was 0.42. And the median was 0.53.


Be Aware

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


KAMCO Investment Company K.S.C.P Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of KAMCO Investment Company K.S.C.P's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


KAMCO Investment Company K.S.C.P (KUW:KAMCO) Business Description

Traded in Other Exchanges
N/A
Address
Khalid Bin Waleed Street, Al-Shaheed Tower, P.O.Box 28873, Sharq, Safat, Kuwait City, KWT, 13149
KAMCO Investment Company K.S.C.P is an investment banking company. Its activities include purchasing and investing in shares or bonds of the companies in real estate, industrial and agricultural sector, managing the funds of public and private institutions, a brokerage in lending and borrowing operations, provision of loans, dealing and trading in the foreign currency market, and undertaking operations related to securities trading such as purchase and sale of shares and bonds of companies. The company's segments include Investment banking and advisory, Asset management, Brokerage, and Strategic investments & corporate overheads. The company makes majority of its revenue from Asset management segment.

KAMCO Investment Company K.S.C.P (KUW:KAMCO) Headlines

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