Bank NizwaOG (MUS:BKNZ) Cyclically Adjusted Book per Share: ر.ع0.12 (As of Mar. 2026)

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MUS:BKNZ Bank Nizwa SAOG MUS:BKNZ
23 GF Score
Price ر.ع0.14
GF Value ر.ع0.09
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Bank NizwaOG Cyclically Adjusted Book per Share?

Bank NizwaOG MUS:BKNZ -2.11% 23 Cyclically Adjusted Book per Share is ر.ع0.12 as of Mar. 2026. GuruFocus rates MUS:BKNZ with a GF Score™ of 23/100 and a GF Value™ of ر.ع0.09 (Significantly Overvalued). The stock has 3 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.

Bank NizwaOG's adjusted book value per share for the three months ended in Mar. 2026 was ر.ع0.125. 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 ر.ع0.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bank NizwaOG's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Bank NizwaOG was 2.90% per year. The lowest was 2.90% per year. And the median was 2.90% per year.

As of today (2026-07-18), Bank NizwaOG's current stock price is ر.ع0.139. Bank NizwaOG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ر.ع0.12. Bank NizwaOG's Cyclically Adjusted PB Ratio of today is 1.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank NizwaOG was 1.33. The lowest was 0.81. And the median was 0.91.


Bank NizwaOG  (MUS:BKNZ) 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.

Bank NizwaOG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.139/0.12
=1.16

* 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 Bank NizwaOG was 1.33. The lowest was 0.81. And the median was 0.91.


Be Aware

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


Bank NizwaOG Cyclically Adjusted Book per Share Related Terms


Bank NizwaOG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bank NizwaOG'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.

Bank NizwaOG Cyclically Adjusted Book per Share Chart

Bank NizwaOG 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 0.11 0.11 0.11 0.12

Bank NizwaOG Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 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 0.11 0.11 0.11 0.12 0.12

MUS:BKNZ vs PNC, USB: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Bank NizwaOG'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.


Bank NizwaOG Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank NizwaOG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank NizwaOG's Cyclically Adjusted PB Ratio falls into.


MUS:BKNZ
23GF Score
Bank Nizwa SAOG MUS:BKNZ
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank NizwaOG 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, Bank NizwaOG'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)
=0.125/330.2130*330.2130
=0.125

Current CPI (Mar. 2026) = 330.2130.

Bank NizwaOG Quarterly Data

Book Value per Share CPI Adj_Book
201509 0.082 237.945 0.114
201512 0.081 236.525 0.113
201603 0.081 238.132 0.112
201606 0.080 241.018 0.110
201609 0.081 241.428 0.111
201612 0.081 241.432 0.111
201703 0.082 243.801 0.111
201706 0.082 244.955 0.111
201709 0.083 246.819 0.111
201712 0.083 246.524 0.111
201803 0.084 249.554 0.111
201806 0.085 251.989 0.111
201809 0.086 252.439 0.112
201812 0.088 251.233 0.116
201903 0.089 254.202 0.116
201906 0.090 256.143 0.116
201909 0.093 256.759 0.120
201912 0.094 256.974 0.121
202003 0.095 258.115 0.122
202006 0.098 257.797 0.126
202009 0.100 260.280 0.127
202012 0.102 260.474 0.129
202103 0.103 264.877 0.128
202106 0.105 271.696 0.128
202109 0.151 274.310 0.182
202112 0.103 278.802 0.122
202203 0.100 287.504 0.115
202206 0.102 296.311 0.114
202209 0.103 296.808 0.115
202212 0.105 296.797 0.117
202303 0.103 301.836 0.113
202306 0.104 305.109 0.113
202309 0.106 307.789 0.114
202312 0.108 306.746 0.116
202403 0.112 312.332 0.118
202406 0.114 314.175 0.120
202412 0.118 315.605 0.123
202503 0.117 319.799 0.121
202512 0.125 324.054 0.127
202603 0.125 330.213 0.125

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 ر.ع0.12 mean?
Bank NizwaOG (MUS:BKNZ) has a Cyclically Adjusted Book per Share of ر.ع0.12 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 Bank NizwaOG and its competitors.
Is Bank NizwaOG's Cyclically Adjusted Book per Share too high?
Bank NizwaOG's current Cyclically Adjusted Book per Share is ر.ع0.12. Overall, Bank NizwaOG has a GF Score™ of 23/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank NizwaOG's Cyclically Adjusted Book per Share compare to PNC and USB?
Bank NizwaOG's Cyclically Adjusted Book per Share of ر.ع0.12 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 Bank NizwaOG and its competitors. Bank NizwaOG's current Cyclically Adjusted Book per Share is ر.ع0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank NizwaOG stock overvalued right now?
Based on GuruFocus' analysis, Bank NizwaOG (MUS:BKNZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.09, compared to a current price of ر.ع0.14 — trading 54.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is ر.ع0.12. Bank NizwaOG's overall GF Score™ is 23/100 with 3 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 Bank NizwaOG (MUS:BKNZ), the current Cyclically Adjusted Book per Share is ر.ع0.12 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 Bank NizwaOG (MUS:BKNZ) Overvalued in 2026?

Based on GuruFocus' analysis, Bank NizwaOG stock appears to be overvalued. The current stock price of ر.ع0.14 is trading 54.4% above its estimated GF Value™ of ر.ع0.09. GuruFocus considers Bank NizwaOG to be Significantly Overvalued.

Key valuation signals for MUS:BKNZ:

  • Cyclically Adjusted Book per Share: ر.ع0.12
  • GF Value™: ر.ع0.09 vs. price of ر.ع0.14 (54.4% above fair value)
  • GF Score™: 23/100 with 3 warning signs

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


Bank NizwaOG Business Description

Address Beach One Building, Shatti A Qurum, P.O. Box 1423, Al khuwair, Muscat, OMN, 133
Bank Nizwa SAOG is engaged in opening current, savings, and investment accounts, providing Murabaha and Ijara financing and other Sharia-compliant financing, as well as managing investors' money based on Mudaraba for profit share or agency for a fee, along with other investment activities. It segments are: Retail Banking, offering products and facilities to individual customers; Corporate Banking, providing financing, deposits, trade finance, and foreign exchange services to corporate and SMEs and generating key revenue; and Treasury and Investment Banking, offering treasury products, money market and foreign exchange services, liquidity and market risk management, asset management, corporate advisory, and investment products for high net worth individuals and institutional clients.
23GF Score

Get the complete analysis for MUS:BKNZ

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

ر.ع0.14
Price
ر.ع0.09
GF Value