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Bahrain Kuwait Insurance Co BSC (KUW:BKIKWT) Cyclically Adjusted PB Ratio : 1.19 (As of Jun. 09, 2024)


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What is Bahrain Kuwait Insurance Co BSC Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Bahrain Kuwait Insurance Co BSC's current share price is KWD0.191. Bahrain Kuwait Insurance Co BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was KWD0.16. Bahrain Kuwait Insurance Co BSC's Cyclically Adjusted PB Ratio for today is 1.19.

The historical rank and industry rank for Bahrain Kuwait Insurance Co BSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

KUW:BKIKWT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.23   Max: 1.65
Current: 1.21

During the past years, Bahrain Kuwait Insurance Co BSC's highest Cyclically Adjusted PB Ratio was 1.65. The lowest was 1.10. And the median was 1.23.

KUW:BKIKWT's Cyclically Adjusted PB Ratio is ranked worse than
52.52% of 417 companies
in the Insurance industry
Industry Median: 1.17 vs KUW:BKIKWT: 1.21

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.

Bahrain Kuwait Insurance Co BSC's adjusted book value per share data for the three months ended in Mar. 2024 was KWD0.227. 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. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bahrain Kuwait Insurance Co BSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bahrain Kuwait Insurance Co 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.

Bahrain Kuwait Insurance Co BSC Cyclically Adjusted PB Ratio Chart

Bahrain Kuwait Insurance Co BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.64 1.16 1.19

Bahrain Kuwait Insurance Co BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.19 1.28 1.15 1.19 1.17

Competitive Comparison of Bahrain Kuwait Insurance Co BSC's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, Bahrain Kuwait Insurance Co 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.


Bahrain Kuwait Insurance Co BSC's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Bahrain Kuwait Insurance Co BSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bahrain Kuwait Insurance Co BSC's Cyclically Adjusted PB Ratio falls into.



Bahrain Kuwait Insurance Co 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.

Bahrain Kuwait Insurance Co BSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.191/0.16
=1.19

* 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.

Bahrain Kuwait Insurance Co BSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bahrain Kuwait Insurance Co BSC's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.227/131.7762*131.7762
=0.227

Current CPI (Mar. 2024) = 131.7762.

Bahrain Kuwait Insurance Co BSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.186 100.560 0.244
201409 0.194 100.428 0.255
201412 0.190 99.070 0.253
201503 0.179 99.621 0.237
201506 0.185 100.684 0.242
201509 0.184 100.392 0.242
201512 0.185 99.792 0.244
201603 0.176 100.470 0.231
201606 0.180 101.688 0.233
201609 0.182 101.861 0.235
201612 0.183 101.863 0.237
201703 0.177 102.862 0.227
201706 0.179 103.349 0.228
201709 0.186 104.136 0.235
201712 0.187 104.011 0.237
201803 0.184 105.290 0.230
201806 0.188 106.317 0.233
201809 0.191 106.507 0.236
201812 0.195 105.998 0.242
201903 0.188 107.251 0.231
201906 0.195 108.070 0.238
201909 0.200 108.329 0.243
201912 0.204 108.420 0.248
202003 0.000 108.902 0.000
202006 0.203 108.767 0.246
202009 0.208 109.815 0.250
202012 0.216 109.897 0.259
202103 0.210 111.754 0.248
202106 0.219 114.631 0.252
202109 0.221 115.734 0.252
202112 0.226 117.630 0.253
202203 0.214 121.301 0.232
202206 0.215 125.017 0.227
202209 0.000 125.227 0.000
202212 0.229 125.222 0.241
202303 0.219 127.348 0.227
202306 0.224 128.729 0.229
202309 0.229 129.860 0.232
202312 0.241 129.419 0.245
202403 0.227 131.776 0.227

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.


Bahrain Kuwait Insurance Co BSC  (KUW:BKIKWT) 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.


Bahrain Kuwait Insurance Co BSC Cyclically Adjusted PB Ratio Related Terms

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


Bahrain Kuwait Insurance Co BSC (KUW:BKIKWT) Business Description

Traded in Other Exchanges
Address
BKIC Tower 2775, Road 2835, PO Box 10166, Block 428, Seef District, Manama, BHR
Bahrain Kuwait Insurance Co BSC is a Bahrain- based insurance company. The operating segment of the company is Fire and general, Motor, Marine and Aviation and Family Takaful. Fire and General covers risks of fire, general accident, medical, group life and special contingency. Motor covers risks of motor third party, motor comprehensive and extended warranty. Marine and Aviation cover risks of marine cargo, marine hull, and marine aviation. Family Takaful covers risks of group life, education, protection, savings, among others. Geographically, it operates in Bahrain and some other countries.

Bahrain Kuwait Insurance Co BSC (KUW:BKIKWT) Headlines

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