Commercial Bank Of Kuwait (KUW:CBK) Cyclically Adjusted PB Ratio: 1.29 (As of Aug. 13, 2026) — Near Median

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KUW:CBK Commercial Bank Of Kuwait KUW:CBK
23 GF Score
Price KWD0.52
GF Value KWD0.56
Valuation Fairly Valued
! 6 Warning Signs
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What is Commercial Bank Of Kuwait Cyclically Adjusted PB Ratio?

Commercial Bank Of Kuwait KUW:CBK +0.98% 23 Cyclically Adjusted PB Ratio is 1.29 as of Aug. 13, 2026, which is 7% below its 10-year median of 1.39. GuruFocus rates KUW:CBK with a GF Score™ of 23/100 and a GF Value™ of KWD0.56 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,288 Banks companies, Commercial Bank Of Kuwait ranks worse than 50.31% on this metric.

As of today (2026-08-13), Commercial Bank Of Kuwait's current share price is KWD0.515. Commercial Bank Of Kuwait's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was KWD0.40. Commercial Bank Of Kuwait's Cyclically Adjusted PB Ratio for today is 1.29.

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

KUW:CBK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.39   Max: 2.08
Current: 1.3

During the past years, Commercial Bank Of Kuwait's highest Cyclically Adjusted PB Ratio was 2.08. The lowest was 1.18. And the median was 1.39.

KUW:CBK's Cyclically Adjusted PB Ratio is ranked worse than
50.31% of 1288 companies
in the Banks industry
Industry Median: 1.28 vs KUW:CBK: 1.30

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.

Commercial Bank Of Kuwait's adjusted book value per share data for the three months ended in Jun. 2026 was KWD0.408. 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 KWD0.40 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Commercial Bank Of Kuwait  (KUW:CBK) 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.


Commercial Bank Of Kuwait Cyclically Adjusted PB Ratio Related Terms


Commercial Bank Of Kuwait Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Commercial Bank Of Kuwait'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.

Commercial Bank Of Kuwait Cyclically Adjusted PB Ratio Chart

Commercial Bank Of Kuwait 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 1.42 1.32 1.33 1.60 1.35

Commercial Bank Of Kuwait 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 1.40 1.61 1.35 1.23 1.20

KUW:CBK vs PNC, USB: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, Commercial Bank Of Kuwait'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.


Commercial Bank Of Kuwait Cyclically Adjusted PB Ratio vs Banks Industry

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

* The bar in red indicates where Commercial Bank Of Kuwait's Cyclically Adjusted PB Ratio falls into.


KUW:CBK
23GF Score
Commercial Bank Of Kuwait KUW:CBK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Commercial Bank Of Kuwait 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.

Commercial Bank Of Kuwait's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.515/0.40
=1.29

* 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.

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

For example, Commercial Bank Of Kuwait'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)
=0.408/333.9520*333.9520
=0.408

Current CPI (Jun. 2026) = 333.9520.

Commercial Bank Of Kuwait Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.255 241.428 0.353
201612 0.269 241.432 0.372
201703 0.275 243.801 0.377
201706 0.265 244.955 0.361
201709 0.279 246.819 0.377
201712 0.292 246.524 0.396
201803 0.303 249.554 0.405
201806 0.290 251.989 0.384
201809 0.305 252.439 0.403
201812 0.325 251.233 0.432
201903 0.334 254.202 0.439
201906 0.326 256.143 0.425
201909 0.325 256.759 0.423
201912 0.332 256.974 0.431
202003 0.300 258.115 0.388
202006 0.307 257.797 0.398
202009 0.327 260.280 0.420
202012 0.318 260.474 0.408
202103 0.319 264.877 0.402
202106 0.351 271.696 0.431
202109 0.366 274.310 0.446
202112 0.377 278.802 0.452
202203 0.404 287.504 0.469
202206 0.383 296.311 0.432
202209 0.308 296.808 0.347
202212 0.317 296.797 0.357
202303 0.329 301.836 0.364
202306 0.318 305.109 0.348
202309 0.338 307.789 0.367
202312 0.335 306.746 0.365
202403 0.348 312.332 0.372
202406 0.339 314.175 0.360
202409 0.342 315.301 0.362
202412 0.378 315.605 0.400
202503 0.392 319.799 0.409
202506 0.373 322.561 0.386
202509 0.379 324.800 0.390
202512 0.397 324.054 0.409
202603 0.383 330.213 0.387
202606 0.408 333.952 0.408

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 1.29 mean?
Commercial Bank Of Kuwait (KUW:CBK) has a Cyclically Adjusted PB Ratio of 1.29 as of Aug. 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 Commercial Bank Of Kuwait and its competitors. This is near median its historical median of 1.39. Over the past decade, Commercial Bank Of Kuwait's Cyclically Adjusted PB Ratio has ranged from 1.18 to 2.08. According to the industry distribution chart, Commercial Bank Of Kuwait ranks #648 out of 1288 companies in the Banks industry, placing it in the top 50.3%.
Is Commercial Bank Of Kuwait's Cyclically Adjusted PB Ratio too high?
Commercial Bank Of Kuwait's current Cyclically Adjusted PB Ratio of 1.29 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 2.08. The Banks industry median Cyclically Adjusted PB Ratio is 1.28. Commercial Bank Of Kuwait's value of 1.29 is 0.8% above this industry median. Based on the distribution chart, Commercial Bank Of Kuwait ranks #648 out of 1288 companies in the Banks industry, which is below the industry midpoint. Overall, Commercial Bank Of Kuwait has a GF Score™ of 23/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Commercial Bank Of Kuwait's Cyclically Adjusted PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Commercial Bank Of Kuwait ranks #648 out of 1288 companies for Cyclically Adjusted PB Ratio. This places Commercial Bank Of Kuwait in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Commercial Bank Of Kuwait's value of 1.29 is 0.8% above this benchmark. Historically, Commercial Bank Of Kuwait's own Cyclically Adjusted PB Ratio has ranged from 1.18 to 2.08 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.28, Commercial Bank Of Kuwait 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 1.28, based on 1,288 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. Commercial Bank Of Kuwait's current Cyclically Adjusted PB Ratio of 1.29 is 0.8% 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 Commercial Bank Of Kuwait and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commercial Bank Of Kuwait's current Cyclically Adjusted PB Ratio is 1.29, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commercial Bank Of Kuwait stock overvalued right now?
Based on GuruFocus' analysis, Commercial Bank Of Kuwait (KUW:CBK) is currently considered Fairly Valued. The stock's GF Value™ is KWD0.56, compared to a current price of KWD0.52 — trading 8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.29, which is near median its 10-year median of 1.39 and 0.8% above the Banks industry median of 1.28. Commercial Bank Of Kuwait's overall GF Score™ is 23/100 with 6 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 Commercial Bank Of Kuwait (KUW:CBK), the current Cyclically Adjusted PB Ratio is 1.29 as of Aug. 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 Commercial Bank Of Kuwait (KUW:CBK) Overvalued in 2026?

Based on GuruFocus' analysis, Commercial Bank Of Kuwait stock appears to be undervalued. The current stock price of KWD0.52 is trading 8% below its estimated GF Value™ of KWD0.56. GuruFocus considers Commercial Bank Of Kuwait to be Fairly Valued.

Key valuation signals for KUW:CBK:

  • Cyclically Adjusted PB Ratio: 1.29 (near median its 10-year median of 1.39)
  • GF Value™: KWD0.56 vs. price of KWD0.52 (8% below fair value)
  • GF Score™: 23/100 with 6 warning signs
  • Industry Position: 0.8% above the Banks median (#648 of 1288)

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


Commercial Bank Of Kuwait Business Description

Address Mubarak Al Kabeer Street, P.O. Box 2861, Safat, Kuwait, KWT, 13029
Commercial Bank Of Kuwait is a financial institution engaged in the provision of banking and financial services. The bank operates through two segments: Corporate and Retail Banking, which provides lending, deposit, and related banking services to corporate and individual customers; and Treasury and Investment Banking, which includes money market activities, foreign exchange, treasury instruments, and brokerage services.
23GF Score

Get the complete analysis for KUW:CBK

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

KWD0.52
Price
KWD0.56
GF Value