Eshraq Investments PJSC (ADX:ESHRAQ) Cyclically Adjusted Book per Share: د.إ1.15 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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ADX:ESHRAQ Eshraq Investments PJSC ADX:ESHRAQ
26 GF Score
Price د.إ0.48
GF Value د.إ0.29
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Eshraq Investments PJSC Cyclically Adjusted Book per Share?

Eshraq Investments PJSC ADX:ESHRAQ 26 Cyclically Adjusted Book per Share is د.إ1.15 as of Mar. 2026. GuruFocus rates ADX:ESHRAQ with a GF Score™ of 26/100 and a GF Value™ of د.إ0.29 (Significantly Overvalued). The stock has 4 warning signs investors should review.

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.

Eshraq Investments PJSC's adjusted book value per share for the three months ended in Mar. 2026 was د.إ0.606. 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.إ1.15 for the trailing ten years ended in Mar. 2026.

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 (2026-07-17), Eshraq Investments PJSC's current stock price is د.إ0.482. Eshraq Investments PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was د.إ1.15. Eshraq Investments PJSC's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Eshraq Investments PJSC was 0.44. The lowest was 0.34. And the median was 0.40.


Eshraq Investments PJSC  (ADX:ESHRAQ) 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.

Eshraq Investments PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.482/1.15
=0.42

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Eshraq Investments PJSC was 0.44. The lowest was 0.34. And the median was 0.40.


Be Aware

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


Eshraq Investments PJSC Cyclically Adjusted Book per Share Related Terms


Eshraq Investments PJSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Eshraq Investments PJSC'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.

Eshraq Investments PJSC Cyclically Adjusted Book per Share Chart

Eshraq Investments PJSC Annual Data
Trend Dec12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.16

Eshraq Investments PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 1.16 1.15

ADX:ESHRAQ vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Eshraq Investments PJSC'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.


Eshraq Investments PJSC Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Eshraq Investments PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eshraq Investments PJSC's Cyclically Adjusted PB Ratio falls into.


ADX:ESHRAQ
26GF Score
Eshraq Investments PJSC ADX:ESHRAQ
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eshraq Investments PJSC 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, Eshraq Investments PJSC's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.606/330.2130*330.2130
=0.606

Current CPI (Mar. 2026) = 330.2130.

Eshraq Investments PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.977 229.478 1.406
201209 2.053 231.407 2.930
201212 2.107 229.601 3.030
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.000 246.819 0.000
201712 1.028 246.524 1.377
201803 1.030 249.554 1.363
201806 1.037 251.989 1.359
201809 1.042 252.439 1.363
201812 1.006 251.233 1.322
201903 0.000 254.202 0.000
201906 1.017 256.143 1.311
201909 1.020 256.759 1.312
201912 0.993 256.974 1.276
202003 0.945 258.115 1.209
202006 0.965 257.797 1.236
202009 0.987 260.280 1.252
202012 0.924 260.474 1.171
202103 0.932 264.877 1.162
202106 0.942 271.696 1.145
202109 0.947 274.310 1.140
202112 0.965 278.802 1.143
202203 0.975 287.504 1.120
202206 0.968 296.311 1.079
202209 0.936 296.808 1.041
202212 0.973 296.797 1.083
202303 0.966 301.836 1.057
202306 0.990 305.109 1.071
202309 0.959 307.789 1.029
202312 0.787 306.746 0.847
202403 0.673 312.332 0.712
202406 0.674 314.175 0.708
202409 0.677 315.301 0.709
202412 0.586 315.605 0.613
202503 0.534 319.799 0.551
202506 0.601 322.561 0.615
202509 0.601 324.800 0.611
202512 0.607 324.054 0.619
202603 0.606 330.213 0.606

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

What does a Cyclically Adjusted Book per Share of د.إ1.15 mean?
Eshraq Investments PJSC (ADX:ESHRAQ) has a Cyclically Adjusted Book per Share of د.إ1.15 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Eshraq Investments PJSC and its competitors.
Is Eshraq Investments PJSC's Cyclically Adjusted Book per Share too high?
Eshraq Investments PJSC's current Cyclically Adjusted Book per Share is د.إ1.15. Overall, Eshraq Investments PJSC has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eshraq Investments PJSC's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Eshraq Investments PJSC's Cyclically Adjusted Book per Share of د.إ1.15 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Eshraq Investments PJSC and its competitors. Eshraq Investments PJSC's current Cyclically Adjusted Book per Share is د.إ1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eshraq Investments PJSC stock overvalued right now?
Based on GuruFocus' analysis, Eshraq Investments PJSC (ADX:ESHRAQ) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ0.29, compared to a current price of د.إ0.48 — trading 66.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is د.إ1.15. Eshraq Investments PJSC's overall GF Score™ is 26/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Eshraq Investments PJSC (ADX:ESHRAQ), the current Cyclically Adjusted Book per Share is د.إ1.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Eshraq Investments PJSC (ADX:ESHRAQ) Overvalued in 2026?

Based on GuruFocus' analysis, Eshraq Investments PJSC stock appears to be overvalued. The current stock price of د.إ0.48 is trading 66.2% above its estimated GF Value™ of د.إ0.29. GuruFocus considers Eshraq Investments PJSC to be Significantly Overvalued.

Key valuation signals for ADX:ESHRAQ:

  • Cyclically Adjusted Book per Share: د.إ1.15
  • GF Value™: د.إ0.29 vs. price of د.إ0.48 (66.2% above fair value)
  • GF Score™: 26/100 with 4 warning signs

No single metric tells the full story. See the ADX:ESHRAQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eshraq Investments PJSC Business Description

Address Khalifa Street - Corniche Road East, 34th Floor, Capital Plaza Office Tower, Abu Dhabi, ARE
Eshraq Investments PJSC is engaged in commercial enterprise investment and the real estate business, including development, sale, investment, construction, management, and associated services. It operates in five segments: Property development, Investment properties, Hospitality and leisure, Investment and asset management, and Holding. The company generates a majority of its revenue from the Investment properties segment. Geographically, it operates only in the United Arab Emirates.
26GF Score

Get the complete analysis for ADX:ESHRAQ

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ0.48
Price
د.إ0.29
GF Value