Sharjah Islamic Bank (ADX:SIB) Cyclically Adjusted PB Ratio: (As of Jul. 28, 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.

ADX:SIB Sharjah Islamic Bank ADX:SIB
71 GF Score
Price د.إ2.93
GF Value د.إ3.17
Valuation Fairly Valued
! 1 Warning Sign
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What is Sharjah Islamic Bank Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sharjah Islamic Bank  (ADX:SIB) 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.


Sharjah Islamic Bank Cyclically Adjusted PB Ratio Related Terms


Sharjah Islamic Bank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sharjah Islamic Bank'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.

Sharjah Islamic Bank Cyclically Adjusted PB Ratio Chart

Sharjah Islamic Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.85 1.06 1.03 1.22

Sharjah Islamic Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.09 1.11 1.22 1.22 0.00

Sharjah Islamic Bank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Sharjah Islamic 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.


Sharjah Islamic Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


ADX:SIB
71GF Score
Sharjah Islamic Bank ADX:SIB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharjah Islamic Bank 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.

Sharjah Islamic Bank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Sharjah Islamic Bank's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.254/333.9520*333.9520
=3.254

Current CPI (Jun. 2026) = 333.9520.

Sharjah Islamic Bank Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.496 241.428 2.069
201612 1.513 241.432 2.093
201703 1.560 243.801 2.137
201706 1.595 244.955 2.174
201709 1.475 246.819 1.996
201712 1.564 246.524 2.119
201803 1.448 249.554 1.938
201806 1.478 251.989 1.959
201809 1.512 252.439 2.000
201812 1.526 251.233 2.028
201903 1.512 254.202 1.986
201906 1.559 256.143 2.033
201909 2.122 256.759 2.760
201912 2.133 256.974 2.772
202003 2.101 258.115 2.718
202006 2.135 257.797 2.766
202009 2.166 260.280 2.779
202012 2.166 260.474 2.777
202103 2.123 264.877 2.677
202106 2.157 271.696 2.651
202109 2.184 274.310 2.659
202112 2.180 278.802 2.611
202203 2.128 287.504 2.472
202206 2.158 296.311 2.432
202209 2.166 296.808 2.437
202212 2.162 296.797 2.433
202303 2.120 301.836 2.346
202306 2.202 305.109 2.410
202309 2.266 307.789 2.459
202312 2.299 306.746 2.503
202403 2.282 312.332 2.440
202406 2.361 314.175 2.510
202409 2.463 315.301 2.609
202412 2.489 315.605 2.634
202503 2.452 319.799 2.561
202506 3.124 322.561 3.234
202509 2.694 324.800 2.770
202512 2.706 324.054 2.789
202603 2.605 330.213 2.634
202606 3.254 333.952 3.254

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.

Is Sharjah Islamic Bank (ADX:SIB) Overvalued in 2026?

Based on GuruFocus' analysis, Sharjah Islamic Bank stock appears to be undervalued. The current stock price of د.إ2.93 is trading 7.6% below its estimated GF Value™ of د.إ3.17. GuruFocus considers Sharjah Islamic Bank to be Fairly Valued.

Key valuation signals for ADX:SIB:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: د.إ3.17 vs. price of د.إ2.93 (7.6% below fair value)
  • GF Score™: 71/100 with 1 warning sign

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


Sharjah Islamic Bank Business Description

Address Sharjah Islamic Bank Tower, P.O. Box 4, Al Khan, Sharjah, ARE
Sharjah Islamic Bank is engaged in providing banking activities, financing, and investing activities to corporates and individuals. The bank's activities comprise four main business segments: Government and corporate, Retail, Investment and treasury, and Hospitality, brokerage and real estate. The majority of its revenue is derived from the Government and corporate segment, in which the bank provides companies, institutions and government departments with a range of Islamic financial products and services.
71GF Score

Get the complete analysis for ADX:SIB

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

د.إ2.93
Price
د.إ3.17
GF Value