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Abu Dhabi Islamic Bank - Egypt (CAI:ADIB) Cyclically Adjusted Book per Share : E£20.01 (As of Mar. 2024)


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What is Abu Dhabi Islamic Bank - Egypt 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.

Abu Dhabi Islamic Bank - Egypt's adjusted book value per share for the three months ended in Mar. 2024 was E£31.230. 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 E£20.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Abu Dhabi Islamic Bank - Egypt's average Cyclically Adjusted Book Growth Rate was 16.20% 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 (2024-06-09), Abu Dhabi Islamic Bank - Egypt's current stock price is E£37.26. Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was E£20.01. Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PB Ratio of today is 1.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Abu Dhabi Islamic Bank - Egypt was 2.95. The lowest was 0.70. And the median was 1.17.


Abu Dhabi Islamic Bank - Egypt Cyclically Adjusted Book per Share Historical Data

The historical data trend for Abu Dhabi Islamic Bank - Egypt'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.

Abu Dhabi Islamic Bank - Egypt Cyclically Adjusted Book per Share Chart

Abu Dhabi Islamic Bank - Egypt 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 - - 12.90 16.70 19.00

Abu Dhabi Islamic Bank - Egypt 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 17.22 17.71 18.44 19.00 20.01

Competitive Comparison of Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Abu Dhabi Islamic Bank - Egypt'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.


Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PB Ratio falls into.



Abu Dhabi Islamic Bank - Egypt 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, Abu Dhabi Islamic Bank - Egypt'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)
=31.23/131.7762*131.7762
=31.230

Current CPI (Mar. 2024) = 131.7762.

Abu Dhabi Islamic Bank - Egypt Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.624 100.560 4.749
201409 3.800 100.428 4.986
201412 4.374 99.070 5.818
201503 4.919 99.621 6.507
201506 4.970 100.684 6.505
201509 5.073 100.392 6.659
201512 5.150 99.792 6.801
201603 5.929 100.470 7.776
201606 6.180 101.688 8.009
201609 6.611 101.861 8.553
201612 7.195 101.863 9.308
201703 7.800 102.862 9.993
201706 9.121 103.349 11.630
201709 9.701 104.136 12.276
201712 10.316 104.011 13.070
201803 11.068 105.290 13.852
201806 12.112 106.317 15.012
201809 13.299 106.507 16.454
201812 14.323 105.998 17.806
201903 15.340 107.251 18.848
201906 17.029 108.070 20.765
201909 18.537 108.329 22.549
201912 19.731 108.420 23.981
202003 20.851 108.902 25.231
202006 22.126 108.767 26.807
202009 23.529 109.815 28.234
202012 25.215 109.897 30.235
202103 25.978 111.754 30.632
202106 27.673 114.631 31.812
202109 29.759 115.734 33.884
202112 31.450 117.630 35.232
202203 32.828 121.301 35.663
202206 37.359 125.017 39.379
202209 41.316 125.227 43.477
202212 22.226 125.222 23.389
202303 26.550 127.348 27.473
202306 29.387 128.729 30.083
202309 26.267 129.860 26.655
202312 28.690 129.419 29.212
202403 31.230 131.776 31.230

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


Abu Dhabi Islamic Bank - Egypt  (CAI:ADIB) 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.

Abu Dhabi Islamic Bank - Egypt's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.26/20.01
=1.86

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Abu Dhabi Islamic Bank - Egypt was 2.95. The lowest was 0.70. And the median was 1.17.


Be Aware

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


Abu Dhabi Islamic Bank - Egypt Cyclically Adjusted Book per Share Related Terms

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Abu Dhabi Islamic Bank - Egypt (CAI:ADIB) Business Description

Traded in Other Exchanges
N/A
Address
9A Rustom Street, Garden City, Cairo, EGY, 11511
Abu Dhabi Islamic Bank - Egypt is engaged in the provision of banking services. The bank operates in the following segments :Large, medium and small enterprises, Investment, Retail, and other activities. It provides personal banking solutions comprising of current, SMART, tiered monthly saving account, wealth management services, bancassurance, and various credit and debit card facilities. Additionally, the bank renders corporate finance, and treasury services comprising of foreign exchange, sharia-compliant products, and market analysis. Further, it also grants Islamic options for the letter of guarantee and letter of credit.

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