First Investment Company (K.S.C.C.) (KUW:ALOLA) Cyclically Adjusted PB Ratio: 0.83 (As of Aug. 18, 2026) — 232% Above Median

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KUW:ALOLA First Investment Company (K.S.C.C.) KUW:ALOLA
25 GF Score
Price KWD0.13
! 3 Warning Signs
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What is First Investment Company (K.S.C.C.) Cyclically Adjusted PB Ratio?

First Investment Company (K.S.C.C.) KUW:ALOLA -1.49% 25 Cyclically Adjusted PB Ratio is 0.83 as of Aug. 18, 2026, which is 232% above its 10-year median of 0.25. GuruFocus rates KUW:ALOLA with a GF Score™ of 25/100. The stock has 3 warning signs investors should review. Among 1,008 Asset Management companies, First Investment Company (K.S.C.C.) ranks better than 51.79% on this metric.

As of today (2026-08-18), First Investment Company (K.S.C.C.)'s current share price is KWD0.132. First Investment Company (K.S.C.C.)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was KWD0.16. First Investment Company (K.S.C.C.)'s Cyclically Adjusted PB Ratio for today is 0.83.

The historical rank and industry rank for First Investment Company (K.S.C.C.)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

KUW:ALOLA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.25   Max: 0.88
Current: 0.83

During the past years, First Investment Company (K.S.C.C.)'s highest Cyclically Adjusted PB Ratio was 0.88. The lowest was 0.15. And the median was 0.25.

KUW:ALOLA's Cyclically Adjusted PB Ratio is ranked better than
51.79% of 1008 companies
in the Asset Management industry
Industry Median: 0.86 vs KUW:ALOLA: 0.83

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.

First Investment Company (K.S.C.C.)'s adjusted book value per share data for the three months ended in Mar. 2026 was KWD0.091. 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 KWD0.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Investment Company (K.S.C.C.)  (KUW:ALOLA) 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.


First Investment Company (K.S.C.C.) Cyclically Adjusted PB Ratio Related Terms


First Investment Company (K.S.C.C.) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for First Investment Company (K.S.C.C.)'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.

First Investment Company (K.S.C.C.) Cyclically Adjusted PB Ratio Chart

First Investment Company (K.S.C.C.) 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 0.40 0.31 0.19 0.26 0.76

First Investment Company (K.S.C.C.) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.23 0.20 0.81 0.76 0.71

KUW:ALOLA vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, First Investment Company (K.S.C.C.)'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.


First Investment Company (K.S.C.C.) Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Investment Company (K.S.C.C.)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where First Investment Company (K.S.C.C.)'s Cyclically Adjusted PB Ratio falls into.


KUW:ALOLA
25GF Score
First Investment Company (K.S.C.C.) KUW:ALOLA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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First Investment Company (K.S.C.C.) 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.

First Investment Company (K.S.C.C.)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.132/0.16
=0.83

* 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.

First Investment Company (K.S.C.C.)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, First Investment Company (K.S.C.C.)'s adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.091/330.2130*330.2130
=0.091

Current CPI (Mar. 2026) = 330.2130.

First Investment Company (K.S.C.C.) Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.222 241.018 0.304
201609 0.213 241.428 0.291
201612 0.216 241.432 0.295
201703 0.217 243.801 0.294
201706 0.216 244.955 0.291
201709 0.216 246.819 0.289
201712 0.219 246.524 0.293
201803 0.218 249.554 0.288
201806 0.217 251.989 0.284
201809 0.213 252.439 0.279
201812 0.206 251.233 0.271
201903 0.209 254.202 0.271
201906 0.199 256.143 0.257
201909 0.199 256.759 0.256
201912 0.094 256.974 0.121
202003 0.094 258.115 0.120
202006 0.101 257.797 0.129
202009 0.101 260.280 0.128
202012 0.101 260.474 0.128
202103 0.102 264.877 0.127
202106 0.104 271.696 0.126
202109 0.105 274.310 0.126
202112 0.108 278.802 0.128
202203 0.121 287.504 0.139
202206 0.114 296.311 0.127
202209 0.110 296.808 0.122
202212 0.056 296.797 0.062
202303 0.052 301.836 0.057
202306 0.055 305.109 0.060
202309 0.053 307.789 0.057
202312 0.048 306.746 0.052
202403 0.050 312.332 0.053
202406 0.056 314.175 0.059
202409 0.060 315.301 0.063
202412 0.064 315.605 0.067
202503 0.060 319.799 0.062
202506 0.067 322.561 0.069
202509 0.109 324.800 0.111
202512 0.098 324.054 0.100
202603 0.091 330.213 0.091

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 0.83 mean?
First Investment Company (K.S.C.C.) (KUW:ALOLA) has a Cyclically Adjusted PB Ratio of 0.83 as of Aug. 18, 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 First Investment Company (K.S.C.C.) and its competitors. This is 232% above median its historical median of 0.25. Over the past decade, First Investment Company (K.S.C.C.)'s Cyclically Adjusted PB Ratio has ranged from 0.15 to 0.88. According to the industry distribution chart, First Investment Company (K.S.C.C.) ranks #486 out of 1008 companies in the Asset Management industry, placing it in the top 48.2%.
Is First Investment Company (K.S.C.C.)'s Cyclically Adjusted PB Ratio too high?
First Investment Company (K.S.C.C.)'s current Cyclically Adjusted PB Ratio of 0.83 is 232% above median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.88. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.86. First Investment Company (K.S.C.C.)'s value of 0.83 is 3.5% below this industry median. Based on the distribution chart, First Investment Company (K.S.C.C.) ranks #486 out of 1008 companies in the Asset Management industry, which is above the industry midpoint. Overall, First Investment Company (K.S.C.C.) has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does First Investment Company (K.S.C.C.)'s Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, First Investment Company (K.S.C.C.) ranks #486 out of 1008 companies for Cyclically Adjusted PB Ratio. This puts First Investment Company (K.S.C.C.) in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.86. First Investment Company (K.S.C.C.)'s value of 0.83 is 3.5% below this benchmark. Historically, First Investment Company (K.S.C.C.)'s own Cyclically Adjusted PB Ratio has ranged from 0.15 to 0.88 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.86, First Investment Company (K.S.C.C.) has consistently been below 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.86, based on 1,008 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. First Investment Company (K.S.C.C.)'s current Cyclically Adjusted PB Ratio of 0.83 is 3.5% below 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 First Investment Company (K.S.C.C.) and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Investment Company (K.S.C.C.)'s current Cyclically Adjusted PB Ratio is 0.83, which is 232% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Investment Company (K.S.C.C.) stock overvalued right now?
First Investment Company (K.S.C.C.) (KUW:ALOLA) has a current Cyclically Adjusted PB Ratio of 0.83. The current Cyclically Adjusted PB Ratio is 0.83, which is 232% above median its 10-year median of 0.25 and 3.5% below the Asset Management industry median of 0.86. First Investment Company (K.S.C.C.)'s overall GF Score™ is 25/100 with 3 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 First Investment Company (K.S.C.C.) (KUW:ALOLA), the current Cyclically Adjusted PB Ratio is 0.83 as of Aug. 18, 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.

First Investment Company (K.S.C.C.) Business Description

Address Beirut Street, Floor 14-15, Safat Tower, Hawally, KWT, 13063
First Investment Company (K.S.C.C.) is principally engaged in the provision of investment and financial services. The objectives of the firm includes Invest in real estate, industrial, financial, services and other economic sectors through shareholding in incorporating specialized companies; Investment portfolio manager; Investment advisor; Collective investment scheme manager; Subscription agent; Fund Custodian; Carry out real estate investment deals with the objective of developing real estates and constructing residential. It has four segments real estate, financial, services, and others of which majority of income comes from Others. The company has presence in Kuwait, Kingdom of Saudi Arabia, and Oman. The company generates majority of revenue from Saudi Arabia.
25GF Score

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

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