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First Takaful Insurance Co KCSC (KUW:FTI) Cyclically Adjusted PB Ratio : 1.67 (As of Jun. 02, 2025)


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What is First Takaful Insurance Co KCSC Cyclically Adjusted PB Ratio?

As of today (2025-06-02), First Takaful Insurance Co KCSC's current share price is KWD0.167. First Takaful Insurance Co KCSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was KWD0.10. First Takaful Insurance Co KCSC's Cyclically Adjusted PB Ratio for today is 1.67.

The historical rank and industry rank for First Takaful Insurance Co KCSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

KUW:FTI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.54   Max: 2.85
Current: 1.66

During the past years, First Takaful Insurance Co KCSC's highest Cyclically Adjusted PB Ratio was 2.85. The lowest was 0.36. And the median was 1.54.

KUW:FTI's Cyclically Adjusted PB Ratio is ranked worse than
63.64% of 407 companies
in the Insurance industry
Industry Median: 1.25 vs KUW:FTI: 1.66

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.

First Takaful Insurance Co KCSC's adjusted book value per share data for the three months ended in Mar. 2025 was KWD0.090. 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 KWD0.10 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Takaful Insurance Co KCSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for First Takaful Insurance Co KCSC'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.

First Takaful Insurance Co KCSC Cyclically Adjusted PB Ratio Chart

First Takaful Insurance Co KCSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.56 1.67

First Takaful Insurance Co KCSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.71 1.47 1.86 1.67 1.73

Competitive Comparison of First Takaful Insurance Co KCSC's Cyclically Adjusted PB Ratio

For the Insurance - Diversified subindustry, First Takaful Insurance Co KCSC'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.


First Takaful Insurance Co KCSC's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, First Takaful Insurance Co KCSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where First Takaful Insurance Co KCSC's Cyclically Adjusted PB Ratio falls into.


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First Takaful Insurance Co KCSC 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.

First Takaful Insurance Co KCSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.167/0.10
=1.67

* 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.

First Takaful Insurance Co KCSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, First Takaful Insurance Co KCSC's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.09/134.9266*134.9266
=0.090

Current CPI (Mar. 2025) = 134.9266.

First Takaful Insurance Co KCSC Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.094 96.819 0.131
201212 0.095 96.871 0.132
201312 0.068 98.326 0.093
201412 0.009 99.070 0.012
201512 0.099 99.792 0.134
201609 0.000 101.861 0.000
201612 0.088 101.863 0.117
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.115 104.136 0.149
201712 0.092 104.011 0.119
201803 0.099 105.290 0.127
201806 0.096 106.317 0.122
201809 0.081 106.507 0.103
201812 0.079 105.998 0.101
201903 0.087 107.251 0.109
201906 0.094 108.070 0.117
201909 0.095 108.329 0.118
201912 0.082 108.420 0.102
202003 0.082 108.902 0.102
202006 0.084 108.767 0.104
202009 0.083 109.815 0.102
202012 0.075 109.897 0.092
202103 0.075 111.754 0.091
202106 0.075 114.631 0.088
202109 0.075 115.734 0.087
202112 0.076 117.630 0.087
202203 0.076 121.301 0.085
202206 0.076 125.017 0.082
202209 0.076 125.227 0.082
202212 0.087 125.222 0.094
202303 0.087 127.348 0.092
202306 0.085 128.729 0.089
202309 0.085 129.860 0.088
202312 0.091 129.419 0.095
202403 0.090 131.776 0.092
202406 0.090 132.554 0.092
202409 0.090 133.029 0.091
202412 0.090 133.157 0.091
202503 0.090 134.927 0.090

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.


First Takaful Insurance Co KCSC  (KUW:FTI) 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.


First Takaful Insurance Co KCSC Cyclically Adjusted PB Ratio Related Terms

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First Takaful Insurance Co KCSC Business Description

Traded in Other Exchanges
N/A
Address
Al Qibla - Abdullah Al-Mubarak Street, 1st Floor, Office No. 4, P.O. Box 5713, Souq Al-Safat Building, Kuwait, KWT, 13058
First Takaful Insurance Co KCSC is engaged in carrying out all types of insurance takaful activities and related activities, including insurance and reinsurance, and investing the funds available to the company in various activities. The company's product line consists of life and medical, fire and general accidents, motor, marine, and aviation. Geographically the company provides its services only to the Kuwait market.