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BankMuscat (SAOG) (LSE:BKMA) Cyclically Adjusted Book per Share : $2.47 (As of Jun. 2024)


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What is BankMuscat (SAOG) 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.

BankMuscat (SAOG)'s adjusted book value per share for the three months ended in Jun. 2024 was $3.265. 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 $2.47 for the trailing ten years ended in Jun. 2024.

During the past 12 months, BankMuscat (SAOG)'s average Cyclically Adjusted Book Growth Rate was 7.40% 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.

As of today (2024-09-21), BankMuscat (SAOG)'s current stock price is $2.13689. BankMuscat (SAOG)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $2.47. BankMuscat (SAOG)'s Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BankMuscat (SAOG) was 1.07. The lowest was 0.86. And the median was 0.97.


BankMuscat (SAOG) Cyclically Adjusted Book per Share Historical Data

The historical data trend for BankMuscat (SAOG)'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.

BankMuscat (SAOG) Cyclically Adjusted Book per Share Chart

BankMuscat (SAOG) 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 - - - 2.10 2.27

BankMuscat (SAOG) Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.09 2.15 2.27 2.37 2.47

Competitive Comparison of BankMuscat (SAOG)'s Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, BankMuscat (SAOG)'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.


BankMuscat (SAOG)'s Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BankMuscat (SAOG)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where BankMuscat (SAOG)'s Cyclically Adjusted PB Ratio falls into.



BankMuscat (SAOG) 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, BankMuscat (SAOG)'s adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=3.265/132.5538*132.5538
=3.265

Current CPI (Jun. 2024) = 132.5538.

BankMuscat (SAOG) Quarterly Data

Book Value per Share CPI Adj_Book
201309 1.809 98.790 2.427
201312 1.892 98.326 2.551
201403 1.843 99.695 2.450
201406 1.927 100.560 2.540
201409 1.970 100.428 2.600
201412 2.020 99.070 2.703
201503 1.947 99.621 2.591
201506 2.024 100.684 2.665
201509 2.088 100.392 2.757
201512 2.151 99.792 2.857
201603 2.176 100.470 2.871
201606 2.247 101.688 2.929
201609 2.236 101.861 2.910
201612 2.296 101.863 2.988
201703 2.312 102.862 2.979
201706 2.562 103.349 3.286
201709 2.552 104.136 3.248
201712 2.611 104.011 3.328
201812 2.672 105.998 3.341
201903 0.000 107.251 0.000
201909 0.000 108.329 0.000
201912 2.775 108.420 3.393
202003 2.642 108.902 3.216
202006 0.000 108.767 0.000
202009 2.904 109.815 3.505
202012 2.832 109.897 3.416
202103 2.783 111.754 3.301
202106 2.847 114.631 3.292
202109 2.913 115.734 3.336
202112 2.981 117.630 3.359
202203 2.897 121.301 3.166
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 3.093 125.222 3.274
202303 3.011 127.348 3.134
202306 3.101 128.729 3.193
202309 3.195 129.860 3.261
202312 3.263 129.419 3.342
202403 3.187 131.776 3.206
202406 3.265 132.554 3.265

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


BankMuscat (SAOG)  (LSE:BKMA) 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.

BankMuscat (SAOG)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.13689/2.47
=0.87

* 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 BankMuscat (SAOG) was 1.07. The lowest was 0.86. And the median was 0.97.


Be Aware

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


BankMuscat (SAOG) Cyclically Adjusted Book per Share Related Terms

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


BankMuscat (SAOG) Business Description

Industry
Traded in Other Exchanges
Address
Street No. 62, Block No. 311, Building No. 120/4, Airport Heights, Seeb, Muscat, OMN, 112
BankMuscat (SAOG) is a banking corporation. Its business is to accept Sharia-compliant customer deposits, provide Shari'a compliant financing based on various Shari'a compliant modes, undertake investment activities, commercial banking services, and other investment activities in the Sultanate of Oman. The company's service segments include corporate, personal, wholesale, islamic, and international banking. It generates maximum revenue from the personal banking segment.

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