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Allam Group Holding Co (KUW:ALSALAM) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is Allam Group Holding Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Allam Group Holding Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Allam Group Holding Co'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.

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Allam Group Holding Co Cyclically Adjusted PB Ratio Chart

Allam Group Holding Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Allam Group Holding Co Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Competitive Comparison of Allam Group Holding Co's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Allam Group Holding Co'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 Group Holding Co's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Allam Group Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Allam Group Holding Co's Cyclically Adjusted PB Ratio falls into.



Allam Group Holding Co 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 Group Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2021 is calculated as:

For example, Allam Group Holding Co's adjusted Book Value per Share data for the three months ended in Dec. 2021 was:

Adj_Book=Book Value per Share/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=0.032/117.6295*117.6295
=0.032

Current CPI (Dec. 2021) = 117.6295.

Allam Group Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201203 0.116 96.783 0.141
201206 0.112 96.819 0.136
201209 0.111 97.633 0.134
201212 0.125 96.871 0.152
201303 0.125 98.209 0.150
201306 0.125 98.518 0.149
201309 0.122 98.790 0.145
201312 0.120 98.326 0.144
201403 0.125 99.695 0.147
201406 0.118 100.560 0.138
201409 0.131 100.428 0.153
201412 0.131 99.070 0.156
201503 0.132 99.621 0.156
201506 0.211 100.684 0.247
201509 0.132 100.392 0.155
201512 0.130 99.792 0.153
201603 0.128 100.470 0.150
201606 0.129 101.688 0.149
201609 0.128 101.861 0.148
201612 0.128 101.863 0.148
201703 0.129 102.862 0.148
201706 0.128 103.349 0.146
201709 0.126 104.136 0.142
201712 0.126 104.011 0.142
201803 0.126 105.290 0.141
201806 0.125 106.317 0.138
201809 0.124 106.507 0.137
201812 0.117 105.998 0.130
201903 0.117 107.251 0.128
201906 0.115 108.070 0.125
201909 0.115 108.329 0.125
201912 0.116 108.420 0.126
202003 0.115 108.902 0.124
202006 0.115 108.767 0.124
202009 0.114 109.815 0.122
202012 0.090 109.897 0.096
202103 0.089 111.754 0.094
202106 0.087 114.631 0.089
202109 0.087 115.734 0.088
202112 0.032 117.630 0.032

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 Group Holding Co  (KUW:ALSALAM) 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 Group Holding Co Cyclically Adjusted PB Ratio Related Terms

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Allam Group Holding Co (KUW:ALSALAM) Business Description

Traded in Other Exchanges
N/A
Address
Jaber Almubarak Street, Bahabahani Complex, 16th Floor, Kuwait City, KWT
Al Salam Group Holding Co is a public shareholding company engaged in investment activities. The company's activities include the ownership of stocks and shares of Kuwaiti, foreign and limited liability companies; participation in the establishment of, lending to, as well as managing and acting as a guarantor for these companies; lending money to companies in which it owns approximately 20% or more of the capital of the borrowing company, along with acting as guarantor on behalf of these companies; owning industrial equities, such as patents, industrial trademarks, royalties, or any other related rights and franchising them to others, as well as owning real estate and movable property.

Allam Group Holding Co (KUW:ALSALAM) Headlines

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