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Export Development Bank of Egypt (CAI:EXPA) Cyclically Adjusted Book per Share : E£13.68 (As of Dec. 2023)


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What is Export Development Bank of 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.

Export Development Bank of Egypt's adjusted book value per share for the three months ended in Dec. 2023 was E£19.328. 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£13.68 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Export Development Bank of Egypt's average Cyclically Adjusted Book Growth Rate was 7.00% 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.

As of today (2024-06-02), Export Development Bank of Egypt's current stock price is E£20.34. Export Development Bank of Egypt's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was E£13.68. Export Development Bank of Egypt's Cyclically Adjusted PB Ratio of today is 1.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Export Development Bank of Egypt was 1.97. The lowest was 0.51. And the median was 0.83.


Export Development Bank of Egypt Cyclically Adjusted Book per Share Historical Data

The historical data trend for Export Development Bank of 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.

Export Development Bank of Egypt Cyclically Adjusted Book per Share Chart

Export Development Bank of Egypt Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 10.78 12.78 13.68

Export Development Bank of Egypt Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.78 12.84 13.09 13.50 13.68

Competitive Comparison of Export Development Bank of Egypt's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Export Development Bank of 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.


Export Development Bank of Egypt's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Export Development Bank of Egypt's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Export Development Bank of Egypt's Cyclically Adjusted PB Ratio falls into.



Export Development Bank of 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, Export Development Bank of Egypt's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=19.328/129.4194*129.4194
=19.328

Current CPI (Dec. 2023) = 129.4194.

Export Development Bank of Egypt Quarterly Data

Book Value per Share CPI Adj_Book
201312 6.424 98.326 8.455
201403 6.734 99.695 8.742
201406 6.877 100.560 8.851
201409 6.989 100.428 9.007
201412 6.828 99.070 8.920
201503 7.359 99.621 9.560
201506 7.571 100.684 9.732
201509 7.894 100.392 10.177
201512 7.682 99.792 9.963
201603 7.919 100.470 10.201
201606 8.040 101.688 10.233
201609 8.342 101.861 10.599
201612 8.570 101.863 10.888
201703 9.026 102.862 11.356
201706 9.548 103.349 11.957
201709 9.907 104.136 12.312
201712 12.014 104.011 14.949
201803 12.697 105.290 15.607
201806 11.102 106.317 13.514
201809 11.784 106.507 14.319
201812 11.929 105.998 14.565
201903 12.727 107.251 15.358
201906 13.329 108.070 15.962
201909 12.544 108.329 14.986
201912 13.238 108.420 15.802
202003 14.430 108.902 17.149
202006 15.108 108.767 17.977
202009 15.162 109.815 17.869
202012 14.484 109.897 17.057
202103 15.952 111.754 18.474
202106 16.386 114.631 18.500
202112 0.000 117.630 0.000
202203 17.252 121.301 18.407
202206 17.721 125.017 18.345
202209 14.654 125.227 15.145
202212 15.481 125.222 16.000
202303 7.006 127.348 7.120
202306 16.992 128.729 17.083
202309 19.229 129.860 19.164
202312 19.328 129.419 19.328

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


Export Development Bank of Egypt  (CAI:EXPA) 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.

Export Development Bank of Egypt's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.34/13.68
=1.49

* 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 Export Development Bank of Egypt was 1.97. The lowest was 0.51. And the median was 0.83.


Be Aware

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


Export Development Bank of Egypt Cyclically Adjusted Book per Share Related Terms

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


Export Development Bank of Egypt (CAI:EXPA) Business Description

Traded in Other Exchanges
N/A
Address
78, South Teseen, New Cairo, EGY
Export Development Bank of Egypt provides various banking services to its customers in Egypt. Its objective is to develop Egyptian export activities and develop agricultural, industrial, commercial, and service exporting sectors, and it also provides all investment banking services in local and foreign currencies. The main business is Corporate Banking and Loan Syndication Activities. The geographical segments are Cairo; Alex, Delta, and Sinai; and Upper Egypt.

Export Development Bank of Egypt (CAI:EXPA) Headlines

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