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Dulaqan Real Estate Co KSCC (KUW:DALQAN) Cyclically Adjusted PB Ratio : 1.06 (As of May. 17, 2024)


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What is Dulaqan Real Estate Co KSCC Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Dulaqan Real Estate Co KSCC's current share price is KWD0.127. Dulaqan Real Estate Co KSCC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was KWD0.12. Dulaqan Real Estate Co KSCC's Cyclically Adjusted PB Ratio for today is 1.06.

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

KUW:DALQAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.92   Max: 2.69
Current: 1.22

During the past 13 years, Dulaqan Real Estate Co KSCC's highest Cyclically Adjusted PB Ratio was 2.69. The lowest was 1.13. And the median was 1.92.

KUW:DALQAN's Cyclically Adjusted PB Ratio is ranked worse than
71.08% of 1321 companies
in the Real Estate industry
Industry Median: 0.7 vs KUW:DALQAN: 1.22

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.

Dulaqan Real Estate Co KSCC's adjusted book value per share data of for the fiscal year that ended in Dec23 was KWD0.115. 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 KWD0.12 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dulaqan Real Estate Co KSCC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dulaqan 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.

Dulaqan Real Estate Co KSCC Cyclically Adjusted PB Ratio Chart

Dulaqan Real Estate Co KSCC Annual Data
Trend Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.83 2.05 2.03 1.26

Dulaqan Real Estate Co KSCC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.03 - - - 1.26

Competitive Comparison of Dulaqan Real Estate Co KSCC's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Dulaqan 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.


Dulaqan Real Estate Co KSCC's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Dulaqan 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.

Dulaqan 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
=0.127/0.12
=1.06

* 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.

Dulaqan Real Estate Co KSCC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Dulaqan Real Estate Co KSCC's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.115/129.4194*129.4194
=0.115

Current CPI (Dec23) = 129.4194.

Dulaqan Real Estate Co KSCC Annual Data

Book Value per Share CPI Adj_Book
201012 0.070 92.474 0.098
201112 0.070 95.213 0.095
201612 0.100 101.863 0.127
201712 0.100 104.011 0.124
201812 0.102 105.998 0.125
201912 0.107 108.420 0.128
202012 0.107 109.897 0.126
202112 0.108 117.630 0.119
202212 0.108 125.222 0.112
202312 0.115 129.419 0.115

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.


Dulaqan Real Estate Co KSCC  (KUW:DALQAN) 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.


Dulaqan Real Estate Co KSCC Cyclically Adjusted PB Ratio Related Terms

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Dulaqan Real Estate Co KSCC (KUW:DALQAN) Business Description

Traded in Other Exchanges
N/A
Address
Al Ardiya, P.O Box 41081, Kuwait City, KWT, 85851
Dulaqan Real Estate Co KSCC provides real estate services. The company is engaged in contracting, managing, developing & maintaining real estate properties such as commercial, residential and touristic projects.

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