Kuwait Projects Co Holding KSC (KUW:KPROJ) Cyclically Adjusted PB Ratio: 0.27 (As of Sep. 02, 2026) — 13% Below Median

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What is Kuwait Projects Co Holding KSC Cyclically Adjusted PB Ratio?

Kuwait Projects Co Holding KSC KUW:KPROJ -0.89% Cyclically Adjusted PB Ratio is 0.27 as of Sep. 02, 2026, which is 13% below its 10-year median of 0.31. The stock has 1 warning sign investors should review. Among 1,275 Banks companies, Kuwait Projects Co Holding KSC ranks better than 95.61% on this metric.

As of today (2026-09-02), Kuwait Projects Co Holding KSC's current share price is KWD0.0782. Kuwait Projects Co Holding KSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was KWD0.29. Kuwait Projects Co Holding KSC's Cyclically Adjusted PB Ratio for today is 0.27.

The historical rank and industry rank for Kuwait Projects Co Holding KSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

KUW:KPROJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.31   Max: 0.55
Current: 0.27

During the past years, Kuwait Projects Co Holding KSC's highest Cyclically Adjusted PB Ratio was 0.55. The lowest was 0.09. And the median was 0.31.

KUW:KPROJ's Cyclically Adjusted PB Ratio is ranked better than
95.61% of 1275 companies
in the Banks industry
Industry Median: 1.27 vs KUW:KPROJ: 0.27

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.

Kuwait Projects Co Holding KSC's adjusted book value per share data for the three months ended in Jun. 2026 was KWD0.179. 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 KWD0.29 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kuwait Projects Co Holding KSC  (KUW:KPROJ) 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.


Kuwait Projects Co Holding KSC Cyclically Adjusted PB Ratio Related Terms


Kuwait Projects Co Holding KSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kuwait Projects Co Holding 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.

Kuwait Projects Co Holding KSC Cyclically Adjusted PB Ratio Chart

Kuwait Projects Co Holding 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 0.38 0.30 0.29 0.28 0.26

Kuwait Projects Co Holding 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 0.27 0.27 0.26 0.25 0.27

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

For the Banks - Regional subindustry, Kuwait Projects Co Holding 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.


Kuwait Projects Co Holding KSC Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Kuwait Projects Co Holding KSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kuwait Projects Co Holding KSC's Cyclically Adjusted PB Ratio falls into.



Kuwait Projects Co Holding 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.

Kuwait Projects Co Holding KSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0782/0.29
=0.27

* 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.

Kuwait Projects Co Holding KSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Kuwait Projects Co Holding 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)
=0.179/333.9520*333.9520
=0.179

Current CPI (Jun. 2026) = 333.9520.

Kuwait Projects Co Holding KSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.411 241.428 0.569
201612 0.403 241.432 0.557
201703 0.407 243.801 0.557
201706 0.392 244.955 0.534
201709 0.391 246.819 0.529
201712 0.382 246.524 0.517
201803 0.286 249.554 0.383
201806 0.294 251.989 0.390
201809 0.295 252.439 0.390
201812 0.278 251.233 0.370
201903 0.275 254.202 0.361
201906 0.266 256.143 0.347
201909 0.350 256.759 0.455
201912 0.207 256.974 0.269
202003 0.212 258.115 0.274
202006 0.189 257.797 0.245
202009 0.182 260.280 0.234
202012 0.178 260.474 0.228
202103 0.172 264.877 0.217
202106 0.184 271.696 0.226
202109 0.187 274.310 0.228
202112 0.192 278.802 0.230
202203 0.185 287.504 0.215
202206 0.184 296.311 0.207
202209 0.189 296.808 0.213
202212 0.158 296.797 0.178
202303 0.161 301.836 0.178
202306 0.166 305.109 0.182
202309 0.169 307.789 0.183
202312 0.170 306.746 0.185
202403 0.171 312.332 0.183
202406 0.172 314.175 0.183
202409 0.173 315.301 0.183
202412 0.175 315.605 0.185
202503 0.176 319.799 0.184
202506 0.177 322.561 0.183
202509 0.178 324.800 0.183
202512 0.176 324.054 0.181
202603 0.176 330.213 0.178
202606 0.179 333.952 0.179

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 0.27 mean?
Kuwait Projects Co Holding KSC (KUW:KPROJ) has a Cyclically Adjusted PB Ratio of 0.27 as of Sep. 02, 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 Kuwait Projects Co Holding KSC and its competitors. This is 13% below median its historical median of 0.31. Over the past decade, Kuwait Projects Co Holding KSC's Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.55. According to the industry distribution chart, Kuwait Projects Co Holding KSC ranks #56 out of 1275 companies in the Banks industry, placing it in the top 4.4%.
Is Kuwait Projects Co Holding KSC's Cyclically Adjusted PB Ratio too high?
Kuwait Projects Co Holding KSC's current Cyclically Adjusted PB Ratio of 0.27 is 13% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.55. The Banks industry median Cyclically Adjusted PB Ratio is 1.27. Kuwait Projects Co Holding KSC's value of 0.27 is 78.7% below this industry median. Based on the distribution chart, Kuwait Projects Co Holding KSC ranks #56 out of 1275 companies in the Banks industry, which is in the top quartile — a strong position relative to peers.
How does Kuwait Projects Co Holding KSC's Cyclically Adjusted PB Ratio compare to USB and PNC?
According to the Banks industry distribution chart, Kuwait Projects Co Holding KSC ranks #56 out of 1275 companies for Cyclically Adjusted PB Ratio. This places Kuwait Projects Co Holding KSC in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Kuwait Projects Co Holding KSC's value of 0.27 is 78.7% below this benchmark. Historically, Kuwait Projects Co Holding KSC's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.55 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 1.27, Kuwait Projects Co Holding KSC has consistently been below 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 1.27, based on 1,275 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. Kuwait Projects Co Holding KSC's current Cyclically Adjusted PB Ratio of 0.27 is 78.7% below 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 Kuwait Projects Co Holding KSC and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kuwait Projects Co Holding KSC's current Cyclically Adjusted PB Ratio is 0.27, which is 13% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuwait Projects Co Holding KSC stock overvalued right now?
Based on GuruFocus' analysis, Kuwait Projects Co Holding KSC (KUW:KPROJ) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD0.11, compared to a current price of KWD0.08 — trading 28.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.27, which is 13% below median its 10-year median of 0.31 and 78.7% below the Banks industry median of 1.27. 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 Kuwait Projects Co Holding KSC (KUW:KPROJ), the current Cyclically Adjusted PB Ratio is 0.27 as of Sep. 02, 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.

Kuwait Projects Co Holding KSC Business Description

Address Khalid Bin Al Waleed Street, KIPCO Tower, Floors 49-51, P.O. Box 23982, Sharq, Safat, Kuwait City, KWT, 13100
Kuwait Projects Co Holding KSC is an investment holding company operating in sectors such as financial services, food, petrochemicals & oil services, media, real estate, and education. The business activity of the firm functions through various segments, which include Commercial Banking, Asset Management and Investment Banking, Media & Satellite Services, Energy, Industrial & Logistics, Hospitality and real estate, and others. It generates maximum revenue from the Commercial banking segment. Geographic areas of operation include Kuwait, the Rest of GCC, the Rest of the Middle East and North Africa, North America, and Europe.