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Al Quds Bank (XPAE:QUDS) Cyclically Adjusted Book per Share : $1.28 (As of Dec. 2023)


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What is Al Quds 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.

Al Quds Bank's adjusted book value per share for the three months ended in Dec. 2023 was $1.525. 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 $1.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Al Quds Bank's average Cyclically Adjusted Book Growth Rate was 8.50% 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 (2024-06-17), Al Quds Bank's current stock price is $1.21. Al Quds Bank's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.28. Al Quds Bank's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Al Quds Bank was 1.50. The lowest was 0.94. And the median was 1.27.


Al Quds Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Al Quds 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.

Al Quds Bank Cyclically Adjusted Book per Share Chart

Al Quds 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 - - - 1.18 1.28

Al Quds Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.18 1.22 1.25 1.27 1.28

Competitive Comparison of Al Quds Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Al Quds 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.


Al Quds Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Al Quds 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, Al Quds Bank's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.525/129.4194*129.4194
=1.525

Current CPI (Dec. 2023) = 129.4194.

Al Quds Bank Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.743 100.428 0.957
201412 0.751 99.070 0.981
201503 0.771 99.621 1.002
201506 0.695 100.684 0.893
201509 0.807 100.392 1.040
201512 0.819 99.792 1.062
201603 0.848 100.470 1.092
201606 0.858 101.688 1.092
201609 0.899 101.861 1.142
201612 0.948 101.863 1.204
201703 1.008 102.862 1.268
201706 1.047 103.349 1.311
201709 1.079 104.136 1.341
201712 1.093 104.011 1.360
201803 1.121 105.290 1.378
201806 1.022 106.317 1.244
201809 1.077 106.507 1.309
201812 0.143 105.998 0.175
201903 1.089 107.251 1.314
201906 1.075 108.070 1.287
201909 1.097 108.329 1.311
201912 1.092 108.420 1.304
202003 1.147 108.902 1.363
202006 1.136 108.767 1.352
202009 1.157 109.815 1.364
202012 1.195 109.897 1.407
202103 1.249 111.754 1.446
202106 1.293 114.631 1.460
202109 1.320 115.734 1.476
202112 1.362 117.630 1.499
202203 1.431 121.301 1.527
202206 1.440 125.017 1.491
202209 1.490 125.227 1.540
202212 1.427 125.222 1.475
202303 1.509 127.348 1.534
202306 1.564 128.729 1.572
202309 1.567 129.860 1.562
202312 1.525 129.419 1.525

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


Al Quds Bank  (XPAE:QUDS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.21/1.28
=0.95

* 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 Al Quds Bank was 1.50. The lowest was 0.94. And the median was 1.27.


Be Aware

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


Al Quds Bank Cyclically Adjusted Book per Share Related Terms

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


Al Quds Bank (XPAE:QUDS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Main Street, City Center Building, Ramallah, PSE
Al Quds Bank offers banking and financial services. It operates in Personal banking and Business banking division. In Personal banking division, it offers a current account, term deposits, credit facilities, credit card, ATM card, E-services, money transfer and safe boxes service. In Business banking division it offers banking, financing and international trade services. It also offers retail and corporate banking solutions, personal account services, home and auto financing, small and medium-sized enterprises (SME's) financing, online banking, commercial loans and project support.

Al Quds Bank (XPAE:QUDS) Headlines

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