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Commercial Bank International PSC (ADX:CBI) Cyclically Adjusted PB Ratio : 0.36 (As of Jun. 10, 2024)


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What is Commercial Bank International PSC Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Commercial Bank International PSC's current share 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 for today is 0.36.

The historical rank and industry rank for Commercial Bank International PSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

ADX:CBI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.44   Max: 0.71
Current: 0.36

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

ADX:CBI's Cyclically Adjusted PB Ratio is ranked better than
89.79% of 1195 companies
in the Banks industry
Industry Median: 0.9 vs ADX:CBI: 0.36

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Commercial Bank International PSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Commercial Bank International PSC'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.

Commercial Bank International PSC Cyclically Adjusted PB Ratio Chart

Commercial Bank International PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.54 0.41 0.53 0.43

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 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 0.39 0.42 0.37 0.43 0.38

Competitive Comparison of Commercial Bank International PSC's Cyclically Adjusted PB Ratio

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 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.

Commercial Bank International PSC's Cyclically Adjusted PB Ratio for 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.

Commercial Bank International PSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


Commercial Bank International PSC  (ADX:CBI) 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.


Commercial Bank International PSC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Commercial Bank International PSC's Cyclically Adjusted PB Ratio 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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