The Securities House KSC (KUW:SECH) Cyclically Adjusted PB Ratio: 0.56 (As of Aug. 21, 2026) — 12% Above Median

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What is The Securities House KSC Cyclically Adjusted PB Ratio?

The Securities House KSC KUW:SECH -0.13% Cyclically Adjusted PB Ratio is 0.56 as of Aug. 21, 2026, which is 12% above its 10-year median of 0.50. The stock has 5 warning signs investors should review. Among 997 Asset Management companies, The Securities House KSC ranks better than 72.82% on this metric.

As of today (2026-08-21), The Securities House KSC's current share price is KWD0.0789. The Securities House KSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was KWD0.14. The Securities House KSC's Cyclically Adjusted PB Ratio for today is 0.56.

The historical rank and industry rank for The Securities House KSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

KUW:SECH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.5   Max: 0.75
Current: 0.57

During the past years, The Securities House KSC's highest Cyclically Adjusted PB Ratio was 0.75. The lowest was 0.36. And the median was 0.50.

KUW:SECH's Cyclically Adjusted PB Ratio is ranked better than
72.82% of 997 companies
in the Asset Management industry
Industry Median: 0.86 vs KUW:SECH: 0.57

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.

The Securities House KSC's adjusted book value per share data for the three months ended in Jun. 2026 was KWD0.110. 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 KWD0.14 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Securities House KSC  (KUW:SECH) 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.


The Securities House KSC Cyclically Adjusted PB Ratio Related Terms


The Securities House KSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Securities House 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.

The Securities House KSC Cyclically Adjusted PB Ratio Chart

The Securities House 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 0.75 0.53 0.38 0.52 0.59

The Securities House 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 0.53 0.63 0.59 0.50 0.60

KUW:SECH vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, The Securities House 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.


The Securities House KSC Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, The Securities House KSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The Securities House KSC's Cyclically Adjusted PB Ratio falls into.



The Securities House 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.

The Securities House KSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0789/0.14
=0.56

* 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.

The Securities House KSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, The Securities House 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)
=0.11/333.9520*333.9520
=0.110

Current CPI (Jun. 2026) = 333.9520.

The Securities House KSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.132 241.428 0.183
201612 0.129 241.432 0.178
201703 0.130 243.801 0.178
201706 0.133 244.955 0.181
201709 0.135 246.819 0.183
201712 0.137 246.524 0.186
201803 0.141 249.554 0.189
201806 0.125 251.989 0.166
201809 0.125 252.439 0.165
201812 0.121 251.233 0.161
201903 0.124 254.202 0.163
201906 0.121 256.143 0.158
201909 0.119 256.759 0.155
201912 0.121 256.974 0.157
202003 0.118 258.115 0.153
202006 0.117 257.797 0.152
202009 0.119 260.280 0.153
202012 0.101 260.474 0.129
202103 0.109 264.877 0.137
202106 0.135 271.696 0.166
202109 0.108 274.310 0.131
202112 0.109 278.802 0.131
202203 0.110 287.504 0.128
202206 0.096 296.311 0.108
202209 0.100 296.808 0.113
202212 0.095 296.797 0.107
202303 0.098 301.836 0.108
202306 0.102 305.109 0.112
202309 0.098 307.789 0.106
202312 0.100 306.746 0.109
202403 0.099 312.332 0.106
202406 0.098 314.175 0.104
202409 0.100 315.301 0.106
202412 0.102 315.605 0.108
202503 0.104 319.799 0.109
202506 0.106 322.561 0.110
202509 0.104 324.800 0.107
202512 0.103 324.054 0.106
202603 0.110 330.213 0.111
202606 0.110 333.952 0.110

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 0.56 mean?
The Securities House KSC (KUW:SECH) has a Cyclically Adjusted PB Ratio of 0.56 as of Aug. 21, 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 The Securities House KSC and its competitors. This is 12% above median its historical median of 0.50. Over the past decade, The Securities House KSC's Cyclically Adjusted PB Ratio has ranged from 0.36 to 0.75. According to the industry distribution chart, The Securities House KSC ranks #271 out of 997 companies in the Asset Management industry, placing it in the top 27.2%.
Is The Securities House KSC's Cyclically Adjusted PB Ratio too high?
The Securities House KSC's current Cyclically Adjusted PB Ratio of 0.56 is 12% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.75. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.86. The Securities House KSC's value of 0.56 is 34.9% below this industry median. Based on the distribution chart, The Securities House KSC ranks #271 out of 997 companies in the Asset Management industry, which is above the industry midpoint.
How does The Securities House KSC's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, The Securities House KSC ranks #271 out of 997 companies for Cyclically Adjusted PB Ratio. This puts The Securities House KSC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.86. The Securities House KSC's value of 0.56 is 34.9% below this benchmark. Historically, The Securities House KSC's own Cyclically Adjusted PB Ratio has ranged from 0.36 to 0.75 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.86, The Securities House 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.86, based on 997 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. The Securities House KSC's current Cyclically Adjusted PB Ratio of 0.56 is 34.9% 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 The Securities House KSC and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Securities House KSC's current Cyclically Adjusted PB Ratio is 0.56, which is 12% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Securities House KSC stock overvalued right now?
Based on GuruFocus' analysis, The Securities House KSC (KUW:SECH) is currently considered Possible Value Trap. The stock's GF Value™ is KWD0.13, compared to a current price of KWD0.08 — trading 39.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.56, which is 12% above median its 10-year median of 0.50 and 34.9% below the Asset Management industry median of 0.86. 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 The Securities House KSC (KUW:SECH), the current Cyclically Adjusted PB Ratio is 0.56 as of Aug. 21, 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.

The Securities House KSC Business Description

Address Khalid Ibn Al-Waleed Street, P.O.Box 26972, 18th Floor, Al-Dhow Tower, Sharq, Safat, KWT, 13130
The Securities House KSC is an investment company. The services of the company include dealing and brokerage in securities, Equity portfolio management, Private equity investments, International real estate development investments, International yeilding real estate investments, and others. The segments of the company include Proprietary investment management; Asset management, advisory, and brokerage services; and commercial activities.