Al-Khazna Insurance Co PSC (ADX:AKIC) Cyclically Adjusted PB Ratio: (As of Sep. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Al-Khazna Insurance Co PSC Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Al-Khazna Insurance Co PSC  (ADX:AKIC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Al-Khazna Insurance Co PSC Cyclically Adjusted PB Ratio Related Terms


Al-Khazna Insurance Co PSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Al-Khazna Insurance Co PSC's Cyclically Adjusted PB Ratio 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.

Al-Khazna Insurance Co PSC Cyclically Adjusted PB Ratio Chart

Al-Khazna Insurance Co PSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Al-Khazna Insurance Co PSC Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Cyclically Adjusted PB Ratio 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 0.00 0.00 0.00 0.00 0.00

ADX:AKIC vs PIH, NSEC, CNFR: Cyclically Adjusted PB Ratio Comparison

For the Insurance - Property & Casualty subindustry, Al-Khazna Insurance Co PSC'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-Khazna Insurance Co PSC Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Al-Khazna Insurance Co PSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Al-Khazna Insurance Co PSC's Cyclically Adjusted PB Ratio falls into.



Al-Khazna Insurance Co PSC Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Al-Khazna Insurance Co PSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2020 is calculated as:

For example, Al-Khazna Insurance Co PSC's adjusted Book Value per Share data for the three months ended in Dec. 2020 was:

Adj_Book=Book Value per Share/CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0.088/260.4740*260.4740
=0.088

Current CPI (Dec. 2020) = 260.4740.

Al-Khazna Insurance Co PSC Quarterly Data

Book Value per Share CPI Adj_Book
200812 6.648 210.228 8.237
200912 7.138 215.949 8.610
201012 6.237 219.179 7.412
201112 6.142 225.672 7.089
201203 6.703 229.392 7.611
201206 6.269 229.478 7.116
201209 6.302 231.407 7.094
201212 6.129 229.601 6.953
201303 6.142 232.773 6.873
201306 6.232 233.504 6.952
201309 5.359 234.149 5.962
201312 4.786 233.049 5.349
201403 4.749 236.293 5.235
201406 4.320 238.343 4.721
201409 4.155 238.031 4.547
201412 4.178 234.812 4.635
201503 4.125 236.119 4.550
201506 3.664 238.638 3.999
201509 3.746 237.945 4.101
201512 3.494 236.525 3.848
201603 3.385 238.132 3.703
201606 3.216 241.018 3.476
201609 3.005 241.428 3.242
201612 2.609 241.432 2.815
201703 2.492 243.801 2.662
201706 1.696 244.955 1.803
201709 1.493 246.819 1.576
201712 1.155 246.524 1.220
201803 1.089 249.554 1.137
201806 1.090 251.989 1.127
201809 1.029 252.439 1.062
201812 1.052 251.233 1.091
201903 1.008 254.202 1.033
201906 1.069 256.143 1.087
201909 0.917 256.759 0.930
201912 0.744 256.974 0.754
202003 0.633 258.115 0.639
202006 0.510 257.797 0.515
202009 0.174 260.280 0.174
202012 0.088 260.474 0.088

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


Al-Khazna Insurance Co PSC Business Description

Address Al Khazna Tower, P. O. Box 73343, Abu Dhabi, ARE
Al-Khazna Insurance Co PSC offers specialized risk management and insurance services with a strong presence and a diverse portfolio of business comprising Personal Accident, Property both operational and construction, Group Life & Medical, Motor, Liability both financial and casualty lines, Marine, Energy and Aviation, and niche products like credit, affinity products etc. We are fully geared to handle all classes of business in UAE and other GCC countries.