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Commercial Bank International PSC (ADX:CBI) Cyclically Adjusted Book per Share : د.إ1.68 (As of Mar. 2024)


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What is Commercial Bank International PSC 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 International PSC's adjusted book value per share for the three months ended in Mar. 2024 was د.إ1.605. 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.إ1.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Commercial Bank International PSC's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Commercial Bank International PSC was 5.60% per year. The lowest was 5.60% per year. And the median was 5.60% per year.

As of today (2024-06-02), Commercial Bank International PSC's current stock price is د.إ0.61. Commercial Bank International PSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was د.إ1.68. Commercial Bank International PSC's Cyclically Adjusted PB Ratio of today is 0.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Commercial Bank International PSC was 0.71. The lowest was 0.34. And the median was 0.44.


Commercial Bank International PSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Commercial Bank International PSC'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 International PSC Cyclically Adjusted Book per Share Chart

Commercial Bank International PSC 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 - 1.40 1.50 1.60 1.65

Commercial Bank International PSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.63 1.64 1.66 1.65 1.68

Competitive Comparison of Commercial Bank International PSC's Cyclically Adjusted Book per Share

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

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

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



Commercial Bank International PSC 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 International PSC's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.605/131.7762*131.7762
=1.605

Current CPI (Mar. 2024) = 131.7762.

Commercial Bank International PSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.391 100.560 1.823
201409 1.368 100.428 1.795
201412 1.323 99.070 1.760
201503 1.287 99.621 1.702
201506 1.338 100.684 1.751
201509 1.308 100.392 1.717
201512 1.304 99.792 1.722
201603 1.323 100.470 1.735
201606 1.332 101.688 1.726
201609 1.351 101.861 1.748
201612 1.352 101.863 1.749
201703 1.363 102.862 1.746
201706 0.000 103.349 0.000
201709 1.381 104.136 1.748
201712 1.296 104.011 1.642
201803 1.320 105.290 1.652
201806 1.312 106.317 1.626
201809 1.348 106.507 1.668
201812 1.367 105.998 1.699
201903 1.396 107.251 1.715
201906 1.408 108.070 1.717
201909 1.426 108.329 1.735
201912 1.423 108.420 1.730
202003 1.428 108.902 1.728
202006 1.432 108.767 1.735
202009 1.393 109.815 1.672
202012 1.398 109.897 1.676
202103 1.343 111.754 1.584
202106 0.000 114.631 0.000
202109 1.373 115.734 1.563
202112 1.465 117.630 1.641
202203 1.477 121.301 1.605
202206 1.457 125.017 1.536
202209 1.464 125.227 1.541
202212 1.494 125.222 1.572
202303 1.513 127.348 1.566
202306 1.539 128.729 1.575
202309 1.567 129.860 1.590
202312 1.585 129.419 1.614
202403 1.605 131.776 1.605

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


Commercial Bank International PSC  (ADX:CBI) 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 International PSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.61/1.68
=0.36

* 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 International PSC was 0.71. The lowest was 0.34. And the median was 0.44.


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 International PSC Cyclically Adjusted Book per Share Related Terms

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


Commercial Bank International PSC (ADX:CBI) Business Description

Traded in Other Exchanges
N/A
Address
Ras Al-Khaimah, P.O. Box 793, Dubai, ARE
Commercial Bank International PSC provides banking services. The company's operating segment includes Wholesale banking; Retail banking; Treasury; Real estate and Others.

Commercial Bank International PSC (ADX:CBI) Headlines

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