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Commercial Facilities CoK (KUW:FACIL) Cyclically Adjusted PB Ratio : 0.48 (As of May. 05, 2024)


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What is Commercial Facilities CoK Cyclically Adjusted PB Ratio?

As of today (2024-05-05), Commercial Facilities CoK's current share price is KWD0.176. Commercial Facilities CoK's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was KWD0.37. Commercial Facilities CoK's Cyclically Adjusted PB Ratio for today is 0.48.

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

KUW:FACIL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.45   Max: 0.53
Current: 0.47

During the past years, Commercial Facilities CoK's highest Cyclically Adjusted PB Ratio was 0.53. The lowest was 0.39. And the median was 0.45.

KUW:FACIL's Cyclically Adjusted PB Ratio is ranked better than
74.81% of 266 companies
in the Credit Services industry
Industry Median: 0.885 vs KUW:FACIL: 0.47

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 Facilities CoK's adjusted book value per share data for the three months ended in Dec. 2023 was KWD0.316. 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 KWD0.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Commercial Facilities CoK Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Commercial Facilities CoK'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.

Commercial Facilities CoK Cyclically Adjusted PB Ratio Chart

Commercial Facilities CoK 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 - - - - 0.43

Commercial Facilities CoK 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 - 0.53 0.45 0.43 0.43

Competitive Comparison of Commercial Facilities CoK's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Commercial Facilities CoK'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 Facilities CoK's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Commercial Facilities CoK's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Commercial Facilities CoK's Cyclically Adjusted PB Ratio falls into.



Commercial Facilities CoK 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 Facilities CoK's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.176/0.37
=0.48

* 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 Facilities CoK's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Commercial Facilities CoK's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.316/129.4194*129.4194
=0.316

Current CPI (Dec. 2023) = 129.4194.

Commercial Facilities CoK Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.316 96.871 0.422
201312 0.328 98.326 0.432
201403 0.000 99.695 0.000
201412 0.330 99.070 0.431
201503 0.335 99.621 0.435
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.330 99.792 0.428
201603 0.000 100.470 0.000
201606 0.319 101.688 0.406
201609 0.324 101.861 0.412
201612 0.331 101.863 0.421
201703 0.335 102.862 0.421
201706 0.323 103.349 0.404
201709 0.329 104.136 0.409
201712 0.332 104.011 0.413
201803 0.320 105.290 0.393
201806 0.324 106.317 0.394
201809 0.329 106.507 0.400
201812 0.312 105.998 0.381
201903 0.318 107.251 0.384
201906 0.312 108.070 0.374
201909 0.317 108.329 0.379
201912 0.323 108.420 0.386
202003 0.309 108.902 0.367
202006 0.280 108.767 0.333
202009 0.286 109.815 0.337
202012 0.301 109.897 0.354
202103 0.310 111.754 0.359
202106 0.305 114.631 0.344
202109 0.314 115.734 0.351
202112 0.311 117.630 0.342
202203 0.306 121.301 0.326
202206 0.311 125.017 0.322
202209 0.312 125.227 0.322
202212 0.317 125.222 0.328
202303 0.306 127.348 0.311
202306 0.307 128.729 0.309
202309 0.310 129.860 0.309
202312 0.316 129.419 0.316

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.


Commercial Facilities CoK  (KUW:FACIL) 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 Facilities CoK Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Commercial Facilities CoK's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Commercial Facilities CoK (KUW:FACIL) Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Al-Ahmed Street, Sharq, P.O.Box 24284, Safat, Kuwait City, KWT, 13103
Commercial Facilities Co SAK is a Kuwait-based company engaged in the provision of instalment credit facilities to finance consumer and commercial products. Its services include financing new and used cars, boats, marine equipment, furniture and electrical appliances, basic construction materials, and granting personal cash loans, among others. The company's services fall into four divisions, including Consumer Loans, Cash Loans, Commercial Loans, and Basic Materials Loans. The company also offers its services through online.

Commercial Facilities CoK (KUW:FACIL) Headlines

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