Privatization Holding Co (KUW:PHC) Cyclically Adjusted Book per Share: KWD0.22 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KUW:PHC Privatization Holding Co KUW:PHC
10 GF Score
Price KWD0.18
GF Value KWD0.09
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Privatization Holding Co Cyclically Adjusted Book per Share?

Privatization Holding Co KUW:PHC -1.67% 10 Cyclically Adjusted Book per Share is KWD0.22 as of Jun. 2026. GuruFocus rates KUW:PHC with a GF Score™ of 10/100 and a GF Value™ of KWD0.09 (Significantly Overvalued). The stock has 7 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.

Privatization Holding Co's adjusted book value per share for the three months ended in Jun. 2026 was KWD0.103. 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 KWD0.22 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Privatization Holding Co's average Cyclically Adjusted Book Growth Rate was -4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -4.20% 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 Privatization Holding Co was -4.20% per year. The lowest was -4.20% per year. And the median was -4.20% per year.

As of today (2026-08-30), Privatization Holding Co's current stock price is KWD0.177. Privatization Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was KWD0.22. Privatization Holding Co's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Privatization Holding Co was 0.80. The lowest was 0.01. And the median was 0.25.


Privatization Holding Co  (KUW:PHC) 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.

Privatization Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.177/0.22
=0.80

* 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 Privatization Holding Co was 0.80. The lowest was 0.01. And the median was 0.25.


Be Aware

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


Privatization Holding Co Cyclically Adjusted Book per Share Related Terms


Privatization Holding Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Privatization Holding 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.

Privatization Holding Co Cyclically Adjusted Book per Share Chart

Privatization Holding Co 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 0.00 0.25 0.25 0.23 0.22

Privatization Holding Co 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 0.23 0.23 0.22 0.22 0.22

KUW:PHC vs BLK, BX, KKR: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, Privatization Holding 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.


Privatization Holding Co Cyclically Adjusted PB Ratio vs Asset Management Industry

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

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


KUW:PHC
10GF Score
Privatization Holding Co KUW:PHC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Privatization Holding 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, Privatization Holding Co'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)
=0.103/333.9520*333.9520
=0.103

Current CPI (Jun. 2026) = 333.9520.

Privatization Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.218 241.428 0.302
201612 0.235 241.432 0.325
201703 0.239 243.801 0.327
201706 0.244 244.955 0.333
201709 0.247 246.819 0.334
201712 0.244 246.524 0.331
201803 0.233 249.554 0.312
201806 0.219 251.989 0.290
201809 0.223 252.439 0.295
201812 0.219 251.233 0.291
201903 0.221 254.202 0.290
201906 0.219 256.143 0.286
201909 0.217 256.759 0.282
201912 0.209 256.974 0.272
202003 0.197 258.115 0.255
202006 0.195 257.797 0.253
202009 0.192 260.280 0.246
202012 0.192 260.474 0.246
202103 0.199 264.877 0.251
202106 0.197 271.696 0.242
202109 0.191 274.310 0.233
202112 0.185 278.802 0.222
202203 0.193 287.504 0.224
202206 0.183 296.311 0.206
202209 0.181 296.808 0.204
202212 0.166 296.797 0.187
202303 0.161 301.836 0.178
202306 0.159 305.109 0.174
202309 0.161 307.789 0.175
202312 0.136 306.746 0.148
202403 0.137 312.332 0.146
202406 0.136 314.175 0.145
202409 0.131 315.301 0.139
202412 0.128 315.605 0.135
202503 0.125 319.799 0.131
202506 0.119 322.561 0.123
202509 0.115 324.800 0.118
202512 0.089 324.054 0.092
202603 0.094 330.213 0.095
202606 0.103 333.952 0.103

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 KWD0.22 mean?
Privatization Holding Co (KUW:PHC) has a Cyclically Adjusted Book per Share of KWD0.22 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 Privatization Holding Co and its competitors.
Is Privatization Holding Co's Cyclically Adjusted Book per Share too high?
Privatization Holding Co's current Cyclically Adjusted Book per Share is KWD0.22. Overall, Privatization Holding Co has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Privatization Holding Co's Cyclically Adjusted Book per Share compare to BLK and BX?
Privatization Holding Co's Cyclically Adjusted Book per Share of KWD0.22 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Cyclically Adjusted Book per Share depends on the Asset Management 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 Privatization Holding Co and its competitors. Privatization Holding Co's current Cyclically Adjusted Book per Share is KWD0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Privatization Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Privatization Holding Co (KUW:PHC) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.09, compared to a current price of KWD0.18 — trading 96.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is KWD0.22. Privatization Holding Co's overall GF Score™ is 10/100 with 7 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 Privatization Holding Co (KUW:PHC), the current Cyclically Adjusted Book per Share is KWD0.22 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 Privatization Holding Co (KUW:PHC) Overvalued in 2026?

Based on GuruFocus' analysis, Privatization Holding Co stock appears to be overvalued. The current stock price of KWD0.18 is trading 96.7% above its estimated GF Value™ of KWD0.09. GuruFocus considers Privatization Holding Co to be Significantly Overvalued.

Key valuation signals for KUW:PHC:

  • Cyclically Adjusted Book per Share: KWD0.22
  • GF Value™: KWD0.09 vs. price of KWD0.18 (96.7% above fair value)
  • GF Score™: 10/100 with 7 warning signs

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


Privatization Holding Co Business Description

Address Ahmad Al-Jaber Street, Dar Al Awadi Tower, 23rd Floor, P.O. Box 4323, Sharq, Safat, Kuwait City, KWT, 13104
Privatization Holding Co participates in Private-Public Partnership (PPP) Projects as a strategic financial partner, focusing on the utilities and infrastructure sectors in GCC, MENA, and Asian regions. The group has two operating segments: investment and others. Geographically, it generates maximum revenue from Kuwait and the rest from non-Kuwait regions.
10GF Score

Get the complete analysis for KUW:PHC

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

KWD0.18
Price
KWD0.09
GF Value