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National International Holding Co KSCC (KUW:NIH) Cyclically Adjusted Book per Share : KWD0.20 (As of Mar. 2024)


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What is National International Holding 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.

National International Holding Co KSCC's adjusted book value per share for the three months ended in Mar. 2024 was KWD0.173. 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 Mar. 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 (2024-05-26), National International Holding Co KSCC's current stock price is KWD0.106. National International Holding Co KSCC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.20. National International Holding Co KSCC's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of National International Holding Co KSCC was 0.56. The lowest was 0.52. And the median was 0.55.


National International Holding Co KSCC Cyclically Adjusted Book per Share Historical Data

The historical data trend for National International Holding 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.

National International Holding Co KSCC Cyclically Adjusted Book per Share Chart

National International Holding 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 - - - - 0.20

National International Holding Co KSCC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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

Competitive Comparison of National International Holding Co KSCC's Cyclically Adjusted Book per Share

For the Asset Management subindustry, National International Holding 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.


National International Holding Co KSCC's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, National International Holding Co KSCC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where National International Holding Co KSCC's Cyclically Adjusted PB Ratio falls into.



National International Holding 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, National International Holding Co KSCC's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.173/131.7762*131.7762
=0.173

Current CPI (Mar. 2024) = 131.7762.

National International Holding Co KSCC Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201412 0.158 99.070 0.210
201503 0.154 99.621 0.204
201506 0.155 100.684 0.203
201509 0.000 100.392 0.000
201512 0.149 99.792 0.197
201603 0.151 100.470 0.198
201606 0.159 101.688 0.206
201609 0.155 101.861 0.201
201612 0.166 101.863 0.215
201703 0.168 102.862 0.215
201706 0.173 103.349 0.221
201709 0.177 104.136 0.224
201712 0.177 104.011 0.224
201803 0.179 105.290 0.224
201806 0.176 106.317 0.218
201809 0.176 106.507 0.218
201812 0.184 105.998 0.229
201903 0.186 107.251 0.229
201906 0.184 108.070 0.224
201909 0.181 108.329 0.220
201912 0.183 108.420 0.222
202003 0.180 108.902 0.218
202006 0.178 108.767 0.216
202009 0.180 109.815 0.216
202012 0.169 109.897 0.203
202103 0.167 111.754 0.197
202106 0.165 114.631 0.190
202109 0.170 115.734 0.194
202112 0.174 117.630 0.195
202203 0.178 121.301 0.193
202206 0.177 125.017 0.187
202209 0.168 125.227 0.177
202212 0.167 125.222 0.176
202303 0.168 127.348 0.174
202306 0.167 128.729 0.171
202309 0.165 129.860 0.167
202312 0.173 129.419 0.176
202403 0.173 131.776 0.173

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


National International Holding Co KSCC  (KUW:NIH) 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.

National International Holding Co KSCC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.106/0.2
=0.53

* 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 National International Holding Co KSCC was 0.56. The lowest was 0.52. And the median was 0.55.


Be Aware

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


National International Holding Co KSCC Cyclically Adjusted Book per Share Related Terms

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


National International Holding Co KSCC (KUW:NIH) Business Description

Traded in Other Exchanges
Address
Abdulaziz Al-Saqer Street, Floor 45, Al-Raya Tower 2, PO Box 25825, Safat, Kuwait City, KWT
National International Holding Co KSCC is an investment company that invests in private equity and financial instruments, regionally and globally. The company is engaged in various types of investment activities through a well-diversified investment portfolio spread over several investment sectors basically financial services, real estate, industrial, contracting, information technology, and leisure and tourism. The group has three reportable segments Financial investing activities; Real Estate investing activities and Industrial activities.

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