Boubyan Bank KSC (KUW:BOUBYAN) Cyclically Adjusted PB Ratio: 3.57 (As of Sep. 13, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KUW:BOUBYAN Boubyan Bank KSC KUW:BOUBYAN
29 GF Score
Price KWD0.68
GF Value KWD0.90
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Boubyan Bank KSC Cyclically Adjusted PB Ratio?

Boubyan Bank KSC KUW:BOUBYAN 29 Cyclically Adjusted PB Ratio is 3.57 as of Sep. 13, 2026, which is 5% below its 10-year median of 3.74. GuruFocus rates KUW:BOUBYAN with a GF Score™ of 29/100 and a GF Value™ of KWD0.90 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,273 Banks companies, Boubyan Bank KSC ranks worse than 95.05% on this metric.

As of today (2026-09-13), Boubyan Bank KSC's current share price is KWD0.679. Boubyan Bank KSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was KWD0.19. Boubyan Bank KSC's Cyclically Adjusted PB Ratio for today is 3.57.

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

KUW:BOUBYAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.33   Med: 3.74   Max: 6.23
Current: 3.52

During the past years, Boubyan Bank KSC's highest Cyclically Adjusted PB Ratio was 6.23. The lowest was 2.33. And the median was 3.74.

KUW:BOUBYAN's Cyclically Adjusted PB Ratio is ranked worse than
95.05% of 1273 companies
in the Banks industry
Industry Median: 1.29 vs KUW:BOUBYAN: 3.52

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.

Boubyan Bank KSC's adjusted book value per share data for the three months ended in Jun. 2026 was KWD0.240. 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 KWD0.19 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boubyan Bank KSC  (KUW:BOUBYAN) 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.


Boubyan Bank KSC Cyclically Adjusted PB Ratio Related Terms


Boubyan Bank KSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Boubyan Bank KSC'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.

Boubyan Bank KSC Cyclically Adjusted PB Ratio Chart

Boubyan Bank KSC 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 5.03 4.84 3.42 3.04 3.68

Boubyan Bank KSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.86 3.69 3.68 3.40 3.28

Boubyan Bank KSC Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Boubyan Bank KSC'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.


Boubyan Bank KSC Cyclically Adjusted PB Ratio vs Banks Industry

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

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


KUW:BOUBYAN
29GF Score
Boubyan Bank KSC KUW:BOUBYAN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boubyan Bank KSC 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.

Boubyan Bank KSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.679/0.19
=3.57

* 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.

Boubyan Bank KSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Boubyan Bank KSC's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.24/333.9520*333.9520
=0.240

Current CPI (Jun. 2026) = 333.9520.

Boubyan Bank KSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.100 241.428 0.138
201612 0.102 241.432 0.141
201703 0.102 243.801 0.140
201706 0.104 244.955 0.142
201709 0.107 246.819 0.145
201712 0.109 246.524 0.148
201803 0.107 249.554 0.143
201806 0.110 251.989 0.146
201809 0.115 252.439 0.152
201812 0.117 251.233 0.156
201903 0.117 254.202 0.154
201906 0.152 256.143 0.198
201909 0.144 256.759 0.187
201912 0.146 256.974 0.190
202003 0.141 258.115 0.182
202006 0.128 257.797 0.166
202009 0.131 260.280 0.168
202012 0.133 260.474 0.171
202103 0.137 264.877 0.173
202106 0.155 271.696 0.191
202109 0.158 274.310 0.192
202112 0.160 278.802 0.192
202203 0.160 287.504 0.186
202206 0.196 296.311 0.221
202209 0.200 296.808 0.225
202212 0.201 296.797 0.226
202303 0.199 301.836 0.220
202306 0.205 305.109 0.224
202309 0.209 307.789 0.227
202312 0.213 306.746 0.232
202403 0.212 312.332 0.227
202406 0.216 314.175 0.230
202409 0.220 315.301 0.233
202412 0.225 315.605 0.238
202503 0.221 319.799 0.231
202506 0.226 322.561 0.234
202509 0.232 324.800 0.239
202512 0.236 324.054 0.243
202603 0.232 330.213 0.235
202606 0.240 333.952 0.240

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 3.57 mean?
Boubyan Bank KSC (KUW:BOUBYAN) has a Cyclically Adjusted PB Ratio of 3.57 as of Sep. 13, 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 Boubyan Bank KSC and its competitors. This is near median its historical median of 3.74. Over the past decade, Boubyan Bank KSC's Cyclically Adjusted PB Ratio has ranged from 2.33 to 6.23. According to the industry distribution chart, Boubyan Bank KSC ranks #1210 out of 1273 companies in the Banks industry, placing it in the top 95.1%.
Is Boubyan Bank KSC's Cyclically Adjusted PB Ratio too high?
Boubyan Bank KSC's current Cyclically Adjusted PB Ratio of 3.57 is near median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 6.23. The Banks industry median Cyclically Adjusted PB Ratio is 1.29. Boubyan Bank KSC's value of 3.57 is 176.7% above this industry median. Based on the distribution chart, Boubyan Bank KSC ranks #1210 out of 1273 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Boubyan Bank KSC has a GF Score™ of 29/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Boubyan Bank KSC's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Boubyan Bank KSC ranks #1210 out of 1273 companies for Cyclically Adjusted PB Ratio. This places Boubyan Bank KSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. Boubyan Bank KSC's value of 3.57 is 176.7% above this benchmark. Historically, Boubyan Bank KSC's own Cyclically Adjusted PB Ratio has ranged from 2.33 to 6.23 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 1.29, Boubyan Bank KSC has consistently been above 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 a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.29, based on 1,273 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. Boubyan Bank KSC's current Cyclically Adjusted PB Ratio of 3.57 is 176.7% above 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 Boubyan Bank KSC and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boubyan Bank KSC's current Cyclically Adjusted PB Ratio is 3.57, which is near median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boubyan Bank KSC stock overvalued right now?
Based on GuruFocus' analysis, Boubyan Bank KSC (KUW:BOUBYAN) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD0.90, compared to a current price of KWD0.68 — trading 24.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.57, which is near median its 10-year median of 3.74 and 176.7% above the Banks industry median of 1.29. Boubyan Bank KSC's overall GF Score™ is 29/100 with 8 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 Boubyan Bank KSC (KUW:BOUBYAN), the current Cyclically Adjusted PB Ratio is 3.57 as of Sep. 13, 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.

Is Boubyan Bank KSC (KUW:BOUBYAN) Overvalued in 2026?

Based on GuruFocus' analysis, Boubyan Bank KSC stock appears to be undervalued. The current stock price of KWD0.68 is trading 24.6% below its estimated GF Value™ of KWD0.90. GuruFocus considers Boubyan Bank KSC to be Modestly Undervalued.

Key valuation signals for KUW:BOUBYAN:

  • Cyclically Adjusted PB Ratio: 3.57 (near median its 10-year median of 3.74)
  • GF Value™: KWD0.90 vs. price of KWD0.68 (24.6% below fair value)
  • GF Score™: 29/100 with 8 warning signs
  • Industry Position: 176.7% above the Banks median (#1210 of 1273)

No single metric tells the full story. See the KUW:BOUBYAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boubyan Bank KSC Business Description

Address Al-Qibla - Abo Bakr Al-Seddiq Street, P.O. Box 25507, Al-Hamad Towers, 3rd Building, Beside Al-Khrafi Tower, Safat, KWT, 13116
Boubyan Bank KSC is a Kuwait based Islamic banking corporation. The company's operating segment includes Consumer banking; Corporate banking; Investment banking and international operations; Treasury; and Group centre. It generates maximum revenue from the Consumer banking segment. The Consumer Banking segment provides products and services to individuals and institutional customers which includes consumer finance, credit cards, deposits, and other branch-related services. Geographically, the company has a presence in the Middle East and North Africa, North America; Europe and UK, and Asia.
29GF Score

Get the complete analysis for KUW:BOUBYAN

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

KWD0.68
Price
KWD0.90
GF Value