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Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Cyclically Adjusted PB Ratio : 0.75 (As of Jun. 20, 2024)


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What is Arkan Al-Kuwait Real Estate Co KSCC Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Arkan Al-Kuwait Real Estate Co KSCC's current share price is KWD0.12. Arkan Al-Kuwait Real Estate Co KSCC's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was KWD0.16. Arkan Al-Kuwait Real Estate Co KSCC's Cyclically Adjusted PB Ratio for today is 0.75.

The historical rank and industry rank for Arkan Al-Kuwait Real Estate Co KSCC's Cyclically Adjusted PB Ratio or its related term are showing as below:

KUW:ARKAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.52   Max: 0.75
Current: 0.75

During the past years, Arkan Al-Kuwait Real Estate Co KSCC's highest Cyclically Adjusted PB Ratio was 0.75. The lowest was 0.50. And the median was 0.52.

KUW:ARKAN's Cyclically Adjusted PB Ratio is ranked worse than
52.8% of 1413 companies
in the Real Estate industry
Industry Median: 0.69 vs KUW:ARKAN: 0.75

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.

Arkan Al-Kuwait Real Estate Co KSCC's adjusted book value per share data for the three months ended in Apr. 2024 was KWD0.135. 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 Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arkan Al-Kuwait Real Estate Co KSCC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arkan Al-Kuwait Real Estate Co KSCC'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.

Arkan Al-Kuwait Real Estate Co KSCC Cyclically Adjusted PB Ratio Chart

Arkan Al-Kuwait Real Estate Co KSCC Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
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Arkan Al-Kuwait Real Estate Co KSCC Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 - - - - 0.50

Competitive Comparison of Arkan Al-Kuwait Real Estate Co KSCC's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Arkan Al-Kuwait Real Estate Co KSCC'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.


Arkan Al-Kuwait Real Estate Co KSCC's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arkan Al-Kuwait Real Estate Co KSCC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Arkan Al-Kuwait Real Estate Co KSCC's Cyclically Adjusted PB Ratio falls into.



Arkan Al-Kuwait Real Estate Co KSCC 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.

Arkan Al-Kuwait Real Estate Co KSCC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.12/0.16
=0.75

* 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.

Arkan Al-Kuwait Real Estate Co KSCC's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Arkan Al-Kuwait Real Estate Co KSCC's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=0.135/131.7762*131.7762
=0.135

Current CPI (Apr. 2024) = 131.7762.

Arkan Al-Kuwait Real Estate Co KSCC Quarterly Data

Book Value per Share CPI Adj_Book
201407 0.000 100.520 0.000
201410 0.122 100.176 0.160
201501 0.000 98.604 0.000
201504 0.000 99.824 0.000
201507 0.127 100.691 0.166
201510 0.127 100.346 0.167
201601 0.131 99.957 0.173
201604 0.128 100.947 0.167
201607 0.132 101.524 0.171
201610 0.131 101.988 0.169
201701 0.126 102.456 0.162
201704 0.128 103.167 0.163
201707 0.134 103.278 0.171
201710 0.137 104.070 0.173
201801 0.138 104.578 0.174
201804 0.138 105.708 0.172
201807 0.137 106.324 0.170
201810 0.140 106.695 0.173
201901 0.141 106.200 0.175
201904 0.134 107.818 0.164
201907 0.136 108.250 0.166
201910 0.140 108.577 0.170
202001 0.134 108.841 0.162
202004 0.135 108.173 0.164
202007 0.136 109.318 0.164
202010 0.136 109.861 0.163
202101 0.132 110.364 0.158
202104 0.134 112.673 0.157
202107 0.137 115.183 0.157
202110 0.139 116.696 0.157
202201 0.134 118.619 0.149
202204 0.138 121.978 0.149
202207 0.142 125.002 0.150
202210 0.141 125.734 0.148
202301 0.137 126.223 0.143
202304 0.137 127.992 0.141
202307 0.137 128.974 0.140
202310 0.136 129.810 0.138
202401 0.136 130.124 0.138
202404 0.135 131.776 0.135

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.


Arkan Al-Kuwait Real Estate Co KSCC  (KUW:ARKAN) 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.


Arkan Al-Kuwait Real Estate Co KSCC Cyclically Adjusted PB Ratio Related Terms

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Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Business Description

Traded in Other Exchanges
N/A
Address
Alshuhadaa Street, P.O. Box 20678, Al Hamra Tower, 66th Floor, Sharq, Safat, Kuwait City, KWT, 13067
Arkan Al-Kuwait Real Estate Co KSCC is a real estate company that offers direct real estate investment and property management services. It is involved in the construction of Commercial and Residential projects. The firm offers consulting services, specialized investment studies, research, and feasibility reports. The company generates the majority of revenue from Rent.

Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Headlines

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