Salhia Real Estate Co KSCP (KUW:SRE) Cyclically Adjusted Book per Share: KWD0.32 (As of Mar. 2026)

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KUW:SRE Salhia Real Estate Co KSCP KUW:SRE
54 GF Score
Price KWD0.40
GF Value KWD0.46
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Salhia Real Estate Co KSCP Cyclically Adjusted Book per Share?

Salhia Real Estate Co KSCP KUW:SRE +0.25% 54 Cyclically Adjusted Book per Share is KWD0.32 as of Mar. 2026. GuruFocus rates KUW:SRE with a GF Score™ of 54/100 and a GF Value™ of KWD0.46 (Modestly Undervalued). 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.

Salhia Real Estate Co KSCP's adjusted book value per share for the three months ended in Mar. 2026 was KWD0.305. 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. 2026.

During the past 12 months, Salhia Real Estate Co KSCP's average Cyclically Adjusted Book Growth Rate was 3.20% per year. 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 Salhia Real Estate Co KSCP was 4.70% per year. The lowest was 2.20% per year. And the median was 3.45% per year.

As of today (2026-07-22), Salhia Real Estate Co KSCP's current stock price is KWD0.399. Salhia Real Estate Co KSCP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was KWD0.32. Salhia Real Estate Co KSCP's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Salhia Real Estate Co KSCP was 1.83. The lowest was 0.96. And the median was 1.34.


Salhia Real Estate Co KSCP  (KUW:SRE) 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.

Salhia Real Estate Co KSCP's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.399/0.32
=1.25

* 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 Salhia Real Estate Co KSCP was 1.83. The lowest was 0.96. And the median was 1.34.


Be Aware

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


Salhia Real Estate Co KSCP Cyclically Adjusted Book per Share Related Terms


Salhia Real Estate Co KSCP Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Salhia Real Estate Co KSCP'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.

Salhia Real Estate Co KSCP Cyclically Adjusted Book per Share Chart

Salhia Real Estate Co KSCP 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 0.27 0.29 0.30 0.31 0.31

Salhia Real Estate Co KSCP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.31 0.31 0.31 0.31 0.32

Salhia Real Estate Co KSCP Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Salhia Real Estate Co KSCP'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.


Salhia Real Estate Co KSCP Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Salhia Real Estate Co KSCP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Salhia Real Estate Co KSCP's Cyclically Adjusted PB Ratio falls into.


KUW:SRE
54GF Score
Salhia Real Estate Co KSCP KUW:SRE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salhia Real Estate Co KSCP 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, Salhia Real Estate Co KSCP's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.305/330.2130*330.2130
=0.305

Current CPI (Mar. 2026) = 330.2130.

Salhia Real Estate Co KSCP Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.226 241.018 0.310
201609 0.228 241.428 0.312
201612 0.232 241.432 0.317
201703 0.224 243.801 0.303
201706 0.229 244.955 0.309
201709 0.234 246.819 0.313
201712 0.240 246.524 0.321
201803 0.253 249.554 0.335
201806 0.242 251.989 0.317
201809 0.249 252.439 0.326
201812 0.250 251.233 0.329
201903 0.259 254.202 0.336
201906 0.248 256.143 0.320
201909 0.251 256.759 0.323
201912 0.272 256.974 0.350
202003 0.274 258.115 0.351
202006 0.277 257.797 0.355
202009 0.281 260.280 0.357
202012 0.277 260.474 0.351
202103 0.257 264.877 0.320
202106 0.257 271.696 0.312
202109 0.262 274.310 0.315
202112 0.269 278.802 0.319
202203 0.247 287.504 0.284
202206 0.260 296.311 0.290
202209 0.270 296.808 0.300
202212 0.281 296.797 0.313
202303 0.276 301.836 0.302
202306 0.281 305.109 0.304
202309 0.291 307.789 0.312
202312 0.299 306.746 0.322
202403 0.289 312.332 0.306
202406 0.292 314.175 0.307
202409 0.300 315.301 0.314
202412 0.303 315.605 0.317
202503 0.308 319.799 0.318
202506 0.299 322.561 0.306
202509 0.299 324.800 0.304
202512 0.302 324.054 0.308
202603 0.305 330.213 0.305

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 KWD0.32 mean?
Salhia Real Estate Co KSCP (KUW:SRE) has a Cyclically Adjusted Book per Share of KWD0.32 as of Mar. 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 Salhia Real Estate Co KSCP and its competitors.
Is Salhia Real Estate Co KSCP's Cyclically Adjusted Book per Share too high?
Salhia Real Estate Co KSCP's current Cyclically Adjusted Book per Share is KWD0.32. Overall, Salhia Real Estate Co KSCP has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Salhia Real Estate Co KSCP's Cyclically Adjusted Book per Share compare to competitors?
Salhia Real Estate Co KSCP's Cyclically Adjusted Book per Share of KWD0.32 can be compared against companies in the Real Estate 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 a Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 Salhia Real Estate Co KSCP and its competitors. Salhia Real Estate Co KSCP's current Cyclically Adjusted Book per Share is KWD0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salhia Real Estate Co KSCP stock overvalued right now?
Based on GuruFocus' analysis, Salhia Real Estate Co KSCP (KUW:SRE) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD0.46, compared to a current price of KWD0.40 — trading 13.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is KWD0.32. Salhia Real Estate Co KSCP's overall GF Score™ is 54/100 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 Salhia Real Estate Co KSCP (KUW:SRE), the current Cyclically Adjusted Book per Share is KWD0.32 as of Mar. 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 Salhia Real Estate Co KSCP (KUW:SRE) Overvalued in 2026?

Based on GuruFocus' analysis, Salhia Real Estate Co KSCP stock appears to be undervalued. The current stock price of KWD0.40 is trading 13.3% below its estimated GF Value™ of KWD0.46. GuruFocus considers Salhia Real Estate Co KSCP to be Modestly Undervalued.

Key valuation signals for KUW:SRE:

  • Cyclically Adjusted Book per Share: KWD0.32
  • GF Value™: KWD0.46 vs. price of KWD0.40 (13.3% below fair value)
  • GF Score™: 54/100 with 7 warning signs

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


Salhia Real Estate Co KSCP Business Description

Address Mohammed Thunayan Al-Ghanim Street, P.O. Box 23413, Salhia Complex, Safat, Kuwait City, KWT, 13095
Salhia Real Estate Co KSCP is engaged in real estate leasing and development of commercial properties and hotel operations. The company operates its following reportable segments: Real Estate Operations and Hotel Operations. Real estate operations: Consist of development and leasing of properties. Hotel operations: Consist of the hotel hospitality services provided through JW Marriott Hotel Kuwait, Courtyard Marriott Hotel-Kuwait and Arraya Ballroom Kuwait, and Marriot Executive Apartments. Key revenue is generated from Real estate operations. Geographically, the company has its projects in Kuwait, United Kingdom, and Germany.
54GF Score

Get the complete analysis for KUW:SRE

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

KWD0.40
Price
KWD0.46
GF Value