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Egyptian Gulf Bank (CAI:EGBE) Cyclically Adjusted PB Ratio : 0.53 (As of Jun. 09, 2024)


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What is Egyptian Gulf Bank Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Egyptian Gulf Bank's current share price is $0.315. Egyptian Gulf Bank's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.60. Egyptian Gulf Bank's Cyclically Adjusted PB Ratio for today is 0.53.

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

CAI:EGBE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.59   Max: 0.85
Current: 0.53

During the past years, Egyptian Gulf Bank's highest Cyclically Adjusted PB Ratio was 0.85. The lowest was 0.51. And the median was 0.59.

CAI:EGBE's Cyclically Adjusted PB Ratio is ranked better than
80.57% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs CAI:EGBE: 0.53

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.

Egyptian Gulf Bank's adjusted book value per share data for the three months ended in Dec. 2023 was $0.482. 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 $0.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Egyptian Gulf Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Egyptian Gulf Bank'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.

Egyptian Gulf Bank Cyclically Adjusted PB Ratio Chart

Egyptian Gulf Bank 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 - - - 0.81 0.52

Egyptian Gulf Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.81 0.70 0.63 0.55 0.52

Competitive Comparison of Egyptian Gulf Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Egyptian Gulf Bank'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.


Egyptian Gulf Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Egyptian Gulf Bank's Cyclically Adjusted PB Ratio falls into.



Egyptian Gulf Bank 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.

Egyptian Gulf Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.315/0.6
=0.53

* 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.

Egyptian Gulf Bank's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Egyptian Gulf Bank'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)
=0.482/129.4194*129.4194
=0.482

Current CPI (Dec. 2023) = 129.4194.

Egyptian Gulf Bank Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.526 99.070 0.687
201503 0.526 99.621 0.683
201506 0.524 100.684 0.674
201509 0.529 100.392 0.682
201512 0.536 99.792 0.695
201603 0.496 100.470 0.639
201606 0.585 101.688 0.745
201609 0.614 101.861 0.780
201612 0.305 101.863 0.388
201703 0.307 102.862 0.386
201706 0.314 103.349 0.393
201709 0.390 104.136 0.485
201712 0.425 104.011 0.529
201803 0.401 105.290 0.493
201806 0.392 106.317 0.477
201809 0.400 106.507 0.486
201812 0.408 105.998 0.498
201903 0.420 107.251 0.507
201906 0.490 108.070 0.587
201909 0.528 108.329 0.631
201912 0.552 108.420 0.659
202003 0.584 108.902 0.694
202006 0.607 108.767 0.722
202009 0.636 109.815 0.750
202012 0.696 109.897 0.820
202103 0.663 111.754 0.768
202106 0.704 114.631 0.795
202109 0.718 115.734 0.803
202112 0.731 117.630 0.804
202203 0.651 121.301 0.695
202206 0.547 125.017 0.566
202209 0.520 125.227 0.537
202212 0.391 125.222 0.404
202303 0.369 127.348 0.375
202306 0.371 128.729 0.373
202309 0.459 129.860 0.457
202312 0.482 129.419 0.482

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.


Egyptian Gulf Bank  (CAI:EGBE) 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.


Egyptian Gulf Bank Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Egyptian Gulf Bank's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Egyptian Gulf Bank (CAI:EGBE) Business Description

Traded in Other Exchanges
N/A
Address
8,10 Ahmed Nessim Street, El Orman Plaza Building, Giza, EGY
Egyptian Gulf Bank provides commercial and investment banking services. It offers savings & current accounts, distinct certificates, time deposits, investment funds, Tharaa funds; corporate banking services and many other services.

Egyptian Gulf Bank (CAI:EGBE) Headlines

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