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Al Khaleej Investment PJSC (ADX:KICO) Cyclically Adjusted PB Ratio : 0.86 (As of Apr. 28, 2024)


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What is Al Khaleej Investment PJSC Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Al Khaleej Investment PJSC's current share price is د.إ2.60. Al Khaleej Investment PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was د.إ3.03. Al Khaleej Investment PJSC's Cyclically Adjusted PB Ratio for today is 0.86.

The historical rank and industry rank for Al Khaleej Investment PJSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

ADX:KICO's Cyclically Adjusted PB Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.66
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Al Khaleej Investment PJSC's adjusted book value per share data of for the fiscal year that ended in Dec22 was د.إ2.607. 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.إ3.03 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Al Khaleej Investment PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Al Khaleej Investment PJSC'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.

Al Khaleej Investment PJSC Cyclically Adjusted PB Ratio Chart

Al Khaleej Investment PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.25

Al Khaleej Investment PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Dec22
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 - - - - 0.25

Competitive Comparison of Al Khaleej Investment PJSC's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Al Khaleej Investment 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.


Al Khaleej Investment PJSC's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Al Khaleej Investment PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Al Khaleej Investment PJSC's Cyclically Adjusted PB Ratio falls into.



Al Khaleej Investment PJSC 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.

Al Khaleej Investment PJSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.60/3.03
=0.86

* 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.

Al Khaleej Investment PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Al Khaleej Investment PJSC's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=2.607/125.2218*125.2218
=2.607

Current CPI (Dec22) = 125.2218.

Al Khaleej Investment PJSC Annual Data

Book Value per Share CPI Adj_Book
201312 0.283 98.326 0.360
201412 2.954 99.070 3.734
201512 2.984 99.792 3.744
201612 3.094 101.863 3.804
201712 3.221 104.011 3.878
201812 3.081 105.998 3.640
201912 2.651 108.420 3.062
202012 2.359 109.897 2.688
202112 2.577 117.630 2.743
202212 2.607 125.222 2.607

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.


Al Khaleej Investment PJSC  (ADX:KICO) 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.


Al Khaleej Investment PJSC Cyclically Adjusted PB Ratio Related Terms

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Al Khaleej Investment PJSC (ADX:KICO) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 5662, AI Khaleej Building, Ras Al Khaimah, ARE
Al Khaleej Investment PJSC is a company whose principal activities are real estate and commercial enterprise investments, building maintenance, and service management over real estate. The company operates in two reportable segments Real Estate, and Investments. The majority of the revenue is generated from the real estate segment in the form of rents received.

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