Qatar National Bank - Egypt (CAI:QNBE) Cyclically Adjusted PB Ratio: 2.11 (As of Aug. 29, 2026) — 32% Above Median

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CAI:QNBE Qatar National Bank - Egypt CAI:QNBE
75 GF Score
Price E£58.20
GF Value E£44.14
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Qatar National Bank - Egypt Cyclically Adjusted PB Ratio?

Qatar National Bank - Egypt CAI:QNBE -1.22% 75 Cyclically Adjusted PB Ratio is 2.11 as of Aug. 29, 2026, which is 32% above its 10-year median of 1.60. GuruFocus rates CAI:QNBE with a GF Score™ of 75/100 and a GF Value™ of E£44.14 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,275 Banks companies, Qatar National Bank - Egypt ranks worse than 84% on this metric.

As of today (2026-08-29), Qatar National Bank - Egypt's current share price is E£58.20. Qatar National Bank - Egypt's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was E£27.59. Qatar National Bank - Egypt's Cyclically Adjusted PB Ratio for today is 2.11.

The historical rank and industry rank for Qatar National Bank - Egypt's Cyclically Adjusted PB Ratio or its related term are showing as below:

CAI:QNBE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.6   Max: 2.6
Current: 2.18

During the past years, Qatar National Bank - Egypt's highest Cyclically Adjusted PB Ratio was 2.60. The lowest was 1.13. And the median was 1.60.

CAI:QNBE's Cyclically Adjusted PB Ratio is ranked worse than
84% of 1275 companies
in the Banks industry
Industry Median: 1.28 vs CAI:QNBE: 2.18

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.

Qatar National Bank - Egypt's adjusted book value per share data for the three months ended in Jun. 2026 was E£58.712. 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 E£27.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qatar National Bank - Egypt  (CAI:QNBE) 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.


Qatar National Bank - Egypt Cyclically Adjusted PB Ratio Related Terms


Qatar National Bank - Egypt Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Qatar National Bank - Egypt'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.

Qatar National Bank - Egypt Cyclically Adjusted PB Ratio Chart

Qatar National Bank - Egypt 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 1.52 1.27 1.72 1.60 1.89

Qatar National Bank - Egypt 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 1.30 1.26 1.89 1.57 1.88

Qatar National Bank - Egypt Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Qatar National Bank - Egypt'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.


Qatar National Bank - Egypt Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Qatar National Bank - Egypt's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Qatar National Bank - Egypt's Cyclically Adjusted PB Ratio falls into.


CAI:QNBE
75GF Score
Qatar National Bank - Egypt CAI:QNBE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qatar National Bank - Egypt 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.

Qatar National Bank - Egypt's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=58.20/27.59
=2.11

* 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.

Qatar National Bank - Egypt's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Qatar National Bank - Egypt'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)
=58.712/333.9520*333.9520
=58.712

Current CPI (Jun. 2026) = 333.9520.

Qatar National Bank - Egypt Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.405 241.428 10.243
201612 7.943 241.432 10.987
201703 8.371 243.801 11.466
201706 9.092 244.955 12.395
201709 9.827 246.819 13.296
201712 10.445 246.524 14.149
201803 10.634 249.554 14.230
201806 11.505 251.989 15.247
201809 12.424 252.439 16.436
201812 13.297 251.233 17.675
201903 13.368 254.202 17.562
201906 14.396 256.143 18.769
201909 15.436 256.759 20.077
201912 16.383 256.974 21.291
202003 15.793 258.115 20.433
202006 16.745 257.797 21.692
202009 17.605 260.280 22.588
202012 18.394 260.474 23.583
202103 18.929 264.877 23.865
202106 19.938 271.696 24.507
202109 20.789 274.310 25.309
202112 21.522 278.802 25.779
202203 21.334 287.504 24.781
202206 22.452 296.311 25.304
202209 23.430 296.808 26.362
202212 25.105 296.797 28.248
202303 25.750 301.836 28.490
202306 27.596 305.109 30.205
202309 29.115 307.789 31.590
202312 30.925 306.746 33.668
202403 32.649 312.332 34.909
202406 35.844 314.175 38.100
202409 38.911 315.301 41.213
202412 42.243 315.605 44.699
202503 43.113 319.799 45.021
202506 46.709 322.561 48.358
202509 50.102 324.800 51.514
202512 53.962 324.054 55.610
202603 54.561 330.213 55.179
202606 58.712 333.952 58.712

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.

What does a Cyclically Adjusted PB Ratio of 2.11 mean?
Qatar National Bank - Egypt (CAI:QNBE) has a Cyclically Adjusted PB Ratio of 2.11 as of Aug. 29, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Qatar National Bank - Egypt and its competitors. This is 32% above median its historical median of 1.60. Over the past decade, Qatar National Bank - Egypt's Cyclically Adjusted PB Ratio has ranged from 1.13 to 2.60. According to the industry distribution chart, Qatar National Bank - Egypt ranks #1071 out of 1275 companies in the Banks industry, placing it in the top 84%.
Is Qatar National Bank - Egypt's Cyclically Adjusted PB Ratio too high?
Qatar National Bank - Egypt's current Cyclically Adjusted PB Ratio of 2.11 is 32% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 2.60. The Banks industry median Cyclically Adjusted PB Ratio is 1.28. Qatar National Bank - Egypt's value of 2.11 is 64.8% above this industry median. Based on the distribution chart, Qatar National Bank - Egypt ranks #1071 out of 1275 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Qatar National Bank - Egypt has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qatar National Bank - Egypt's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Qatar National Bank - Egypt ranks #1071 out of 1275 companies for Cyclically Adjusted PB Ratio. This places Qatar National Bank - Egypt in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Qatar National Bank - Egypt's value of 2.11 is 64.8% above this benchmark. Historically, Qatar National Bank - Egypt's own Cyclically Adjusted PB Ratio has ranged from 1.13 to 2.60 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 1.28, Qatar National Bank - Egypt has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.28, based on 1,275 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Qatar National Bank - Egypt's current Cyclically Adjusted PB Ratio of 2.11 is 64.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Qatar National Bank - Egypt and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qatar National Bank - Egypt's current Cyclically Adjusted PB Ratio is 2.11, which is 32% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qatar National Bank - Egypt stock overvalued right now?
Based on GuruFocus' analysis, Qatar National Bank - Egypt (CAI:QNBE) is currently considered Significantly Overvalued. The stock's GF Value™ is E£44.14, compared to a current price of E£58.20 — trading 31.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.11, which is 32% above median its 10-year median of 1.60 and 64.8% above the Banks industry median of 1.28. Qatar National Bank - Egypt's overall GF Score™ is 75/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Qatar National Bank - Egypt (CAI:QNBE), the current Cyclically Adjusted PB Ratio is 2.11 as of Aug. 29, 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 Qatar National Bank - Egypt (CAI:QNBE) Overvalued in 2026?

Based on GuruFocus' analysis, Qatar National Bank - Egypt stock appears to be overvalued. The current stock price of E£58.20 is trading 31.9% above its estimated GF Value™ of E£44.14. GuruFocus considers Qatar National Bank - Egypt to be Significantly Overvalued.

Key valuation signals for CAI:QNBE:

  • Cyclically Adjusted PB Ratio: 2.11 (32% above median its 10-year median of 1.60)
  • GF Value™: E£44.14 vs. price of E£58.20 (31.9% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 64.8% above the Banks median (#1071 of 1275)

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


Qatar National Bank - Egypt Business Description

Address Dar Champollion-5 Champollion Street, Downtown, Cairo, EGY, 11111
Qatar National Bank - Egypt is an Egypt-based investment and commercial bank. It offers products and services to the financial need of individuals, corporates, and medium and small enterprises. The operating segments of the company are; Corporate segment includes current account activities, deposits, overdrafts, loans, credit facilities, and financial derivatives to large, medium, and small entities, Individuals segment includes current account activities, deposits, savings, credit cards, personal loans, and real estate loans, and Other businesses segment include other Banking activities such as fund management.
75GF Score

Get the complete analysis for CAI:QNBE

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

E£58.20
Price
E£44.14
GF Value