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Allam Bank BSC (DFM:SALAM_BAH) Cyclically Adjusted PB Ratio : 1.59 (As of Jun. 24, 2025)


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What is Allam Bank BSC Cyclically Adjusted PB Ratio?

As of today (2025-06-24), Allam Bank BSC's current share price is د.إ2.13. Allam Bank BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was د.إ1.34. Allam Bank BSC's Cyclically Adjusted PB Ratio for today is 1.59.

The historical rank and industry rank for Allam Bank BSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

DFM:SALAM_BAH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.67   Max: 1.73
Current: 1.62

During the past years, Allam Bank BSC's highest Cyclically Adjusted PB Ratio was 1.73. The lowest was 0.43. And the median was 0.67.

DFM:SALAM_BAH's Cyclically Adjusted PB Ratio is ranked worse than
78.99% of 1285 companies
in the Banks industry
Industry Median: 1.01 vs DFM:SALAM_BAH: 1.62

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.

Allam Bank BSC's adjusted book value per share data for the three months ended in Mar. 2025 was د.إ2.017. 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 د.إ1.34 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allam Bank BSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Allam Bank BSC'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.

* Premium members only.

Allam Bank BSC Cyclically Adjusted PB Ratio Chart

Allam Bank BSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.66 0.66 1.37 1.44

Allam Bank BSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.49 1.69 1.46 1.44 1.49

Competitive Comparison of Allam Bank BSC's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Allam Bank BSC'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.


Allam Bank BSC's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Allam Bank BSC 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.

Allam Bank BSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.13/1.34
=1.59

* 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.

Allam Bank BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Allam Bank BSC's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.017/134.9266*134.9266
=2.017

Current CPI (Mar. 2025) = 134.9266.

Allam Bank BSC Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.036 100.684 1.388
201509 1.043 100.392 1.402
201512 1.046 99.792 1.414
201603 1.026 100.470 1.378
201606 1.039 101.688 1.379
201609 1.063 101.861 1.408
201612 1.296 101.863 1.717
201703 1.047 102.862 1.373
201706 1.062 103.349 1.386
201709 1.076 104.136 1.394
201712 1.004 104.011 1.302
201803 0.972 105.290 1.246
201806 0.985 106.317 1.250
201809 1.007 106.507 1.276
201812 1.016 105.998 1.293
201903 1.009 107.251 1.269
201906 1.030 108.070 1.286
201909 1.061 108.329 1.321
201912 1.083 108.420 1.348
202003 0.000 108.902 0.000
202006 0.986 108.767 1.223
202009 0.991 109.815 1.218
202012 0.955 109.897 1.173
202103 0.975 111.754 1.177
202106 1.000 114.631 1.177
202109 1.014 115.734 1.182
202112 1.035 117.630 1.187
202203 1.012 121.301 1.126
202206 1.005 125.017 1.085
202209 1.017 125.227 1.096
202212 1.056 125.222 1.138
202303 1.083 127.348 1.147
202306 1.104 128.729 1.157
202309 1.143 129.860 1.188
202312 1.178 129.419 1.228
202403 1.309 131.776 1.340
202406 1.450 132.554 1.476
202409 1.509 133.029 1.531
202412 1.807 133.157 1.831
202503 2.017 134.927 2.017

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.


Allam Bank BSC  (DFM:SALAM_BAH) 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.


Allam Bank BSC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Allam Bank BSC's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Allam Bank BSC Business Description

Traded in Other Exchanges
Address
Burj Al Khair 3, P.O. Box 18282, Manama, BHR
Al Salam Bank BSC is a banking corporation operating in Bahrain. It provides various Islamic banking products and services in the Kingdom of Bahrain. The company offers money market, trading, and treasury services, including short-term commodities, managing portfolios, and serving clients with a range of investment products, funds, and alternative investments. Besides, it also manages the un-deployed capital of the company by investing it in high-quality financial instruments. The company's reportable segments namely Banking, Treasury, Takaful and Investments. It generates maximum revenue from the Banking segment.

Allam Bank BSC Headlines

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