GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Arab Bank PJSC (ADX:UAB) » Definitions » Cyclically Adjusted Book per Share

United Arab Bank PJSC (ADX:UAB) Cyclically Adjusted Book per Share : د.إ1.47 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is United Arab Bank PJSC Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

United Arab Bank PJSC's adjusted book value per share for the three months ended in Dec. 2023 was د.إ1.110. 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 د.إ1.47 for the trailing ten years ended in Dec. 2023.

During the past 12 months, United Arab Bank PJSC's average Cyclically Adjusted Book Growth Rate was -2.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-04-27), United Arab Bank PJSC's current stock price is د.إ1.13. United Arab Bank PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was د.إ1.47. United Arab Bank PJSC's Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of United Arab Bank PJSC was 0.97. The lowest was 0.40. And the median was 0.50.


United Arab Bank PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for United Arab Bank PJSC's Cyclically Adjusted Book per Share 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.

United Arab Bank PJSC Cyclically Adjusted Book per Share Chart

United Arab Bank PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.52 1.51 1.47

United Arab Bank PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 1.51 1.51 1.51 1.50 1.47

Competitive Comparison of United Arab Bank PJSC's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, United Arab Bank PJSC'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.


United Arab Bank PJSC's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, United Arab Bank PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where United Arab Bank PJSC's Cyclically Adjusted PB Ratio falls into.



United Arab Bank PJSC Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, United Arab Bank PJSC'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)
=1.11/129.4194*129.4194
=1.110

Current CPI (Dec. 2023) = 129.4194.

United Arab Bank PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.594 98.326 2.098
201403 1.612 99.695 2.093
201406 1.717 100.560 2.210
201409 1.742 100.428 2.245
201412 1.789 99.070 2.337
201503 1.809 99.621 2.350
201506 1.922 100.684 2.471
201509 1.721 100.392 2.219
201512 1.579 99.792 2.048
201603 1.612 100.470 2.076
201606 1.624 101.688 2.067
201609 1.641 101.861 2.085
201612 1.282 101.863 1.629
201703 1.327 102.862 1.670
201706 1.341 103.349 1.679
201709 1.344 104.136 1.670
201712 1.330 104.011 1.655
201803 1.230 105.290 1.512
201806 1.228 106.317 1.495
201812 1.226 105.998 1.497
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 1.047 108.420 1.250
202003 0.793 108.902 0.942
202006 0.860 108.767 1.023
202009 0.809 109.815 0.953
202012 0.705 109.897 0.830
202103 0.696 111.754 0.806
202106 0.726 114.631 0.820
202109 0.727 115.734 0.813
202112 0.733 117.630 0.806
202203 0.728 121.301 0.777
202206 0.680 125.017 0.704
202209 0.671 125.227 0.693
202212 0.727 125.222 0.751
202303 1.003 127.348 1.019
202306 1.032 128.729 1.038
202309 1.047 129.860 1.043
202312 1.110 129.419 1.110

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


United Arab Bank PJSC  (ADX:UAB) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

United Arab Bank PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.13/1.47
=0.77

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of United Arab Bank PJSC was 0.97. The lowest was 0.40. And the median was 0.50.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


United Arab Bank PJSC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of United Arab Bank PJSC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


United Arab Bank PJSC (ADX:UAB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Emirate of Sharjah, P.O. Box 25022, Sharjah, ARE
United Arab Bank PJSC provides financial services. It is organized into two segments: Wholesale Banking and Retail Banking. Wholesale banking handles loans and other credit facilities and deposits and current accounts for corporate and institutional customers. It also includes Financial Markets which are involved in providing money market, trading, and treasury services, as well as the management of the Bank's funding operations. Retail banking handles individual customers' deposits and provides consumer-type loans, overdrafts, credit card facilities, and funds transfer facilities as well as Islamic banking services. Geographically, the bank operates within Middle East.

United Arab Bank PJSC (ADX:UAB) Headlines

No Headlines