Standard Chartered Bank Kenya (NAI:SCBK) Cyclically Adjusted Book per Share: KES169.80 (As of Mar. 2026)


NAI:SCBK Standard Chartered Bank Kenya Ltd NAI:SCBK
82 GF Score
Price KES335.00
GF Value KES202.23
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Standard Chartered Bank Kenya Cyclically Adjusted Book per Share?

Standard Chartered Bank Kenya NAI:SCBK -2.19% 82 Cyclically Adjusted Book per Share is KES169.80 as of Mar. 2026. GuruFocus rates NAI:SCBK with a GF Score™ of 82/100 and a GF Value™ of KES202.23 (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.

Standard Chartered Bank Kenya's adjusted book value per share for the three months ended in Mar. 2026 was KES184.794. 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 KES169.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Standard Chartered Bank Kenya's average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.90% 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 Standard Chartered Bank Kenya was 7.40% per year. The lowest was 4.90% per year. And the median was 6.15% per year.

As of today (2026-07-08), Standard Chartered Bank Kenya's current stock price is KES335.00. Standard Chartered Bank Kenya's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was KES169.80. Standard Chartered Bank Kenya's Cyclically Adjusted PB Ratio of today is 1.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Standard Chartered Bank Kenya was 2.18. The lowest was 0.88. And the median was 1.15.


Standard Chartered Bank Kenya  (NAI:SCBK) 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.

Standard Chartered Bank Kenya's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=335.00/169.80
=1.97

* 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 Standard Chartered Bank Kenya was 2.18. The lowest was 0.88. And the median was 1.15.


Be Aware

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


Standard Chartered Bank Kenya Cyclically Adjusted Book per Share Related Terms


Standard Chartered Bank Kenya Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Standard Chartered Bank Kenya'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.

Standard Chartered Bank Kenya Cyclically Adjusted Book per Share Chart

Standard Chartered Bank Kenya 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 128.12 143.91 150.28 158.73 166.09

Standard Chartered Bank Kenya 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 162.08 164.23 165.84 166.09 169.80

Standard Chartered Bank Kenya Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, Standard Chartered Bank Kenya'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.


Standard Chartered Bank Kenya Cyclically Adjusted PB Ratio vs Banks Industry

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

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


NAI:SCBK
82GF Score
Standard Chartered Bank Kenya Ltd NAI:SCBK
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Standard Chartered Bank Kenya 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, Standard Chartered Bank Kenya'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)
=184.794/330.2130*330.2130
=184.794

Current CPI (Mar. 2026) = 330.2130.

Standard Chartered Bank Kenya Quarterly Data

Book Value per Share CPI Adj_Book
201606 115.338 241.018 158.022
201609 116.266 241.428 159.023
201612 118.043 241.432 161.451
201703 122.943 243.801 166.519
201706 115.359 244.955 155.510
201709 118.557 246.819 158.614
201712 120.851 246.524 161.877
201803 122.430 249.554 162.001
201806 118.142 251.989 154.816
201809 123.751 252.439 161.877
201812 123.431 251.233 162.234
201903 130.030 254.202 168.911
201906 124.050 256.143 159.922
201909 126.777 256.759 163.046
201912 126.398 256.974 162.422
202003 131.879 258.115 168.716
202006 136.877 257.797 175.326
202009 132.781 260.280 168.457
202012 134.683 260.474 170.743
202103 139.974 264.877 174.501
202106 136.843 271.696 166.316
202109 140.441 274.310 169.062
202112 140.093 278.802 165.926
202203 147.209 287.504 169.077
202206 149.343 296.311 166.430
202209 146.808 296.808 163.331
202212 147.827 296.797 164.471
202303 159.803 301.836 174.827
202306 151.205 305.109 163.646
202309 158.037 307.789 169.551
202312 162.107 306.746 174.509
202403 179.870 312.332 190.168
202406 169.674 314.175 178.336
202409 176.089 315.301 184.417
202412 189.218 315.605 197.976
202503 201.375 319.799 207.933
202506 173.611 322.561 177.730
202509 168.794 324.800 171.607
202512 174.778 324.054 178.100
202603 184.794 330.213 184.794

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 KES169.80 mean?
Standard Chartered Bank Kenya (NAI:SCBK) has a Cyclically Adjusted Book per Share of KES169.80 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 Standard Chartered Bank Kenya and its competitors.
Is Standard Chartered Bank Kenya's Cyclically Adjusted Book per Share too high?
Standard Chartered Bank Kenya's current Cyclically Adjusted Book per Share is KES169.80. Overall, Standard Chartered Bank Kenya has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Standard Chartered Bank Kenya's Cyclically Adjusted Book per Share compare to competitors?
Standard Chartered Bank Kenya's Cyclically Adjusted Book per Share of KES169.80 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 Standard Chartered Bank Kenya and its competitors. Standard Chartered Bank Kenya's current Cyclically Adjusted Book per Share is KES169.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Chartered Bank Kenya stock overvalued right now?
Based on GuruFocus' analysis, Standard Chartered Bank Kenya (NAI:SCBK) is currently considered Significantly Overvalued. The stock's GF Value™ is KES202.23, compared to a current price of KES335.00 — trading 65.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is KES169.80. Standard Chartered Bank Kenya's overall GF Score™ is 82/100 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 Standard Chartered Bank Kenya (NAI:SCBK), the current Cyclically Adjusted Book per Share is KES169.80 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 Standard Chartered Bank Kenya (NAI:SCBK) Overvalued in 2026?

Based on GuruFocus' analysis, Standard Chartered Bank Kenya stock appears to be overvalued. The current stock price of KES335.00 is trading 65.7% above its estimated GF Value™ of KES202.23. GuruFocus considers Standard Chartered Bank Kenya to be Significantly Overvalued.

Key valuation signals for NAI:SCBK:

  • Cyclically Adjusted Book per Share: KES169.80
  • GF Value™: KES202.23 vs. price of KES335.00 (65.7% above fair value)
  • GF Score™: 82/100 with 7 warning signs

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


Standard Chartered Bank Kenya Business Description

Address 48 Westlands Road, P.O. Box 30003, Nairobi, KEN, 00100
Standard Chartered Bank Kenya Ltd offers a variety of local and foreign currency banking solutions to meet its clients' transactional, borrowing, and investment needs. It has a diversified portfolio cutting across select sectors that include business services, manufacturing, wholesale and retail trade, transport and communication, real estate, agriculture, energy, and water. The company's segments are mainly Corporate and Investment Banking; Wealth and Retail Banking; Central and Other items.
82GF Score

Get the complete analysis for NAI:SCBK

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

KES335.00
Price
KES202.23
GF Value