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Sohar International Bank (MUS:BKSB) Cyclically Adjusted Book per Share : ر.ع0.20 (As of Mar. 2024)


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What is Sohar International Bank 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.

Sohar International Bank's adjusted book value per share for the three months ended in Mar. 2024 was ر.ع0.124. 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.ع0.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sohar International Bank's average Cyclically Adjusted Book Growth Rate was 5.30% 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 (2024-06-20), Sohar International Bank's current stock price is ر.ع0.137. Sohar International Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ر.ع0.20. Sohar International Bank's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sohar International Bank was 0.70. The lowest was 0.50. And the median was 0.55.


Sohar International Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sohar International Bank'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.

Sohar International Bank Cyclically Adjusted Book per Share Chart

Sohar International Bank 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 - - 0.17 0.19 0.20

Sohar International Bank 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 0.19 0.20 0.20 0.20 0.20

Competitive Comparison of Sohar International Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Sohar International Bank'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.


Sohar International Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Sohar International Bank 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, Sohar International Bank'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)
=0.124/131.7762*131.7762
=0.124

Current CPI (Mar. 2024) = 131.7762.

Sohar International Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.108 100.560 0.142
201409 0.113 100.428 0.148
201412 0.114 99.070 0.152
201503 0.116 99.621 0.153
201506 0.122 100.684 0.160
201509 0.123 100.392 0.161
201512 0.128 99.792 0.169
201603 0.127 100.470 0.167
201606 0.130 101.688 0.168
201609 0.133 101.861 0.172
201612 0.137 101.863 0.177
201703 0.124 102.862 0.159
201706 0.138 103.349 0.176
201709 0.192 104.136 0.243
201712 0.195 104.011 0.247
201803 0.175 105.290 0.219
201806 0.188 106.317 0.233
201809 0.190 106.507 0.235
201812 0.189 105.998 0.235
201903 0.235 107.251 0.289
201906 0.239 108.070 0.291
201909 0.216 108.329 0.263
201912 0.220 108.420 0.267
202003 0.217 108.902 0.263
202006 0.219 108.767 0.265
202009 0.217 109.815 0.260
202012 0.218 109.897 0.261
202103 0.219 111.754 0.258
202106 0.222 114.631 0.255
202109 0.198 115.734 0.225
202112 0.200 117.630 0.224
202203 0.196 121.301 0.213
202206 0.199 125.017 0.210
202209 0.143 125.227 0.150
202212 0.145 125.222 0.153
202303 0.143 127.348 0.148
202306 0.145 128.729 0.148
202309 0.144 129.860 0.146
202312 0.147 129.419 0.150
202403 0.124 131.776 0.124

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


Sohar International Bank  (MUS:BKSB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.137/0.2
=0.69

* 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 Sohar International Bank was 0.70. The lowest was 0.50. 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.


Sohar International Bank Cyclically Adjusted Book per Share Related Terms

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


Sohar International Bank (MUS:BKSB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Hai Al Mina, P.O. Box 44, Muscat, OMN, 114
Sohar International Bank is engaged in commercial, investment, and Islamic banking through a network of commercial and Islamic banking branches within the Sultanate of Oman. The bank has four operating segments; Retail banking Includes loans to and deposits from retail customers, credit card, and fund transfer facilities, Wholesale banking includes loans to and deposits from large and mid-sector corporates, small & medium enterprises and trade finance customers, Investments, and Treasury, The head office includes the balance sheet, income and expense related items, and Islamic banking Includes Islamic financing activities, current accounts, unrestricted investment accounts and other products and services to corporate and individual customers under Shari'a principles.

Sohar International Bank (MUS:BKSB) Headlines