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Kuwait Cement Co (KUW:KCEM) Cyclically Adjusted Book per Share : KWD0.32 (As of Mar. 2025)


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What is Kuwait Cement Co 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.

Kuwait Cement Co's adjusted book value per share for the three months ended in Mar. 2025 was KWD0.306. 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 KWD0.32 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.20% 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 Kuwait Cement Co was 2.20% per year. The lowest was -77.20% per year. And the median was -37.50% per year.

As of today (2025-05-29), Kuwait Cement Co's current stock price is KWD0.361. Kuwait Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was KWD0.32. Kuwait Cement Co's Cyclically Adjusted PB Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kuwait Cement Co was 1.04. The lowest was 0.01. And the median was 0.61.


Kuwait Cement Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kuwait Cement 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.

* Premium members only.

Kuwait Cement Co Cyclically Adjusted Book per Share Chart

Kuwait Cement Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.07 0.30 0.31 0.32 0.32

Kuwait Cement Co 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 0.32 0.32 0.32 0.32 0.32

Competitive Comparison of Kuwait Cement Co's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Kuwait Cement 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.


Kuwait Cement Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kuwait Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kuwait Cement Co's Cyclically Adjusted PB Ratio falls into.


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Kuwait Cement 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, Kuwait Cement Co'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)
=0.306/134.9266*134.9266
=0.306

Current CPI (Mar. 2025) = 134.9266.

Kuwait Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.280 100.428 0.376
201506 0.000 100.684 0.000
201512 0.261 99.792 0.353
201603 0.000 100.470 0.000
201606 0.254 101.688 0.337
201609 0.000 101.861 0.000
201612 0.268 101.863 0.355
201703 0.277 102.862 0.363
201706 0.257 103.349 0.336
201709 0.272 104.136 0.352
201712 0.277 104.011 0.359
201803 0.282 105.290 0.361
201806 0.273 106.317 0.346
201809 0.279 106.507 0.353
201812 0.271 105.998 0.345
201903 0.283 107.251 0.356
201906 0.285 108.070 0.356
201909 0.284 108.329 0.354
201912 0.293 108.420 0.365
202003 0.262 108.902 0.325
202006 0.245 108.767 0.304
202009 0.246 109.815 0.302
202012 0.247 109.897 0.303
202103 0.249 111.754 0.301
202106 0.269 114.631 0.317
202109 0.275 115.734 0.321
202112 0.283 117.630 0.325
202203 0.291 121.301 0.324
202206 0.274 125.017 0.296
202209 0.270 125.227 0.291
202212 0.272 125.222 0.293
202303 0.262 127.348 0.278
202306 0.266 128.729 0.279
202309 0.263 129.860 0.273
202312 0.268 129.419 0.279
202403 0.276 131.776 0.283
202406 0.282 132.554 0.287
202409 0.287 133.029 0.291
202412 0.297 133.157 0.301
202503 0.306 134.927 0.306

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


Kuwait Cement Co  (KUW:KCEM) 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.

Kuwait Cement Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.361/0.32
=1.13

* 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 Kuwait Cement Co was 1.04. The lowest was 0.01. And the median was 0.61.


Be Aware

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


Kuwait Cement Co Cyclically Adjusted Book per Share Related Terms

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


Kuwait Cement Co Business Description

Traded in Other Exchanges
N/A
Address
Al-Shuhada Street, P.O. Box 20581, Cement House Building, Al-Sawaber Area, Sharq, Safat, Kuwait, KWT, 13066
Kuwait Cement Co is an integrated cement manufacturing company in Kuwait. Its operating business segments are the Manufacturing sector and Investment sector. The company generates maximum revenue from the Manufacturing sector segment. The Manufacturing sector of the company includes the production and sale of cement and ready-mix cement, and its products include Ordinary Portland Cement, Salt Resistant Cement, and many more.

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