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Commercial Bank Of Kuwait (KUW:CBK) Cyclically Adjusted Book per Share : KWD0.37 (As of Mar. 2025)


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What is Commercial Bank Of Kuwait 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.

Commercial Bank Of Kuwait's adjusted book value per share for the three months ended in Mar. 2025 was KWD0.392. 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 Mar. 2025.

During the past 12 months, Commercial Bank Of Kuwait's average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Commercial Bank Of Kuwait was 7.50% per year. The lowest was 5.00% per year. And the median was 6.25% per year.

As of today (2025-07-06), Commercial Bank Of Kuwait's current stock price is KWD0.533. Commercial Bank Of Kuwait's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was KWD0.37. Commercial Bank Of Kuwait's Cyclically Adjusted PB Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Commercial Bank Of Kuwait was 2.08. The lowest was 1.20. And the median was 1.40.


Commercial Bank Of Kuwait Cyclically Adjusted Book per Share Historical Data

The historical data trend for Commercial Bank Of Kuwait'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.

Commercial Bank Of Kuwait Cyclically Adjusted Book per Share Chart

Commercial Bank Of Kuwait Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.32 0.34 0.36 0.37

Commercial Bank Of Kuwait Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.36 0.36 0.37 0.37 0.37

Competitive Comparison of Commercial Bank Of Kuwait's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Commercial Bank Of Kuwait'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 Bank Of Kuwait's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commercial Bank Of Kuwait's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Commercial Bank Of Kuwait's Cyclically Adjusted PB Ratio falls into.


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Commercial Bank Of Kuwait 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, Commercial Bank Of Kuwait'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)
=0.392/134.9266*134.9266
=0.392

Current CPI (Mar. 2025) = 134.9266.

Commercial Bank Of Kuwait Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.244 100.684 0.327
201509 0.245 100.392 0.329
201512 0.256 99.792 0.346
201603 0.248 100.470 0.333
201606 0.247 101.688 0.328
201609 0.255 101.861 0.338
201612 0.269 101.863 0.356
201703 0.275 102.862 0.361
201706 0.265 103.349 0.346
201709 0.279 104.136 0.361
201712 0.292 104.011 0.379
201803 0.303 105.290 0.388
201806 0.290 106.317 0.368
201809 0.305 106.507 0.386
201812 0.325 105.998 0.414
201903 0.334 107.251 0.420
201906 0.326 108.070 0.407
201909 0.325 108.329 0.405
201912 0.332 108.420 0.413
202003 0.300 108.902 0.372
202006 0.307 108.767 0.381
202009 0.327 109.815 0.402
202012 0.318 109.897 0.390
202103 0.319 111.754 0.385
202106 0.351 114.631 0.413
202109 0.366 115.734 0.427
202112 0.377 117.630 0.432
202203 0.404 121.301 0.449
202206 0.383 125.017 0.413
202209 0.308 125.227 0.332
202212 0.317 125.222 0.342
202303 0.329 127.348 0.349
202306 0.318 128.729 0.333
202309 0.338 129.860 0.351
202312 0.335 129.419 0.349
202403 0.348 131.776 0.356
202406 0.339 132.554 0.345
202409 0.342 133.029 0.347
202412 0.378 133.157 0.383
202503 0.392 134.927 0.392

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


Commercial Bank Of Kuwait  (KUW:CBK) 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.

Commercial Bank Of Kuwait's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.533/0.37
=1.44

* 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 Commercial Bank Of Kuwait was 2.08. The lowest was 1.20. And the median was 1.40.


Be Aware

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


Commercial Bank Of Kuwait Cyclically Adjusted Book per Share Related Terms

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


Commercial Bank Of Kuwait Business Description

Industry
Traded in Other Exchanges
N/A
Address
Mubarak Al Kabeer Street, P.O. Box 2861, Safat, Kuwait, KWT, 13029
Commercial Bank Of Kuwait is the financial institution in Kuwait. It operates corporate and retail banking franchise that provides innovative financial and investment solutions to its growing customer base. The company operates in two segments: Corporate and Retail banking, which provides a full range of lending, deposit, and related banking services to domestic and international corporate and individual customers; and Treasury and Investment banking segment comprises of money market, foreign exchange, treasury bonds, and brokerage services. Most of the bank's revenue is derived from traditional banking net interest income, with the remainder coming from fees and commissions.

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