Mashreqbank PSC (DFM:MASQ) Cyclically Adjusted Book per Share: د.إ141.02 (As of Mar. 2026)

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DFM:MASQ Mashreqbank PSC DFM:MASQ
68 GF Score
Price د.إ259.00
GF Value د.إ230.50
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Mashreqbank PSC Cyclically Adjusted Book per Share?

Mashreqbank PSC DFM:MASQ 68 Cyclically Adjusted Book per Share is د.إ141.02 as of Mar. 2026. GuruFocus rates DFM:MASQ with a GF Score™ of 68/100 and a GF Value™ of د.إ230.50 (Modestly Overvalued). The stock has 8 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.

Mashreqbank PSC's adjusted book value per share for the three months ended in Mar. 2026 was د.إ202.019. 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.إ141.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mashreqbank PSC's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Mashreqbank PSC was 8.70% per year. The lowest was 7.90% per year. And the median was 8.20% per year.

As of today (2026-07-14), Mashreqbank PSC's current stock price is د.إ259.00. Mashreqbank PSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was د.إ141.02. Mashreqbank PSC's Cyclically Adjusted PB Ratio of today is 1.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mashreqbank PSC was 2.08. The lowest was 0.55. And the median was 1.26.


Mashreqbank PSC  (DFM:MASQ) 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.

Mashreqbank PSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=259.00/141.02
=1.84

* 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 Mashreqbank PSC was 2.08. The lowest was 0.55. And the median was 1.26.


Be Aware

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


Mashreqbank PSC Cyclically Adjusted Book per Share Related Terms


Mashreqbank PSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mashreqbank PSC'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.

Mashreqbank PSC Cyclically Adjusted Book per Share Chart

Mashreqbank PSC Annual Data
Trend Dec16 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 99.46 108.55 116.46 126.16 136.42

Mashreqbank PSC 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 129.39 132.16 134.85 136.42 141.02

Mashreqbank PSC Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, Mashreqbank 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.


Mashreqbank PSC Cyclically Adjusted PB Ratio vs Banks Industry

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

* The bar in red indicates where Mashreqbank PSC's Cyclically Adjusted PB Ratio falls into.


DFM:MASQ
68GF Score
Mashreqbank PSC DFM:MASQ
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mashreqbank PSC 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, Mashreqbank PSC'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)
=202.019/330.2130*330.2130
=202.019

Current CPI (Mar. 2026) = 330.2130.

Mashreqbank PSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 90.246 241.018 123.644
201609 92.210 241.428 126.120
201612 93.503 241.432 127.887
201703 92.682 243.801 125.532
201706 95.199 244.955 128.334
201709 99.165 246.819 132.670
201712 101.508 246.524 135.968
201803 94.075 249.554 124.481
201806 96.766 251.989 126.805
201809 99.238 252.439 129.812
201812 100.414 251.233 131.981
201903 100.097 254.202 130.028
201906 103.275 256.143 133.139
201909 105.795 256.759 136.061
201912 107.336 256.974 137.927
202003 104.685 258.115 133.926
202006 105.881 257.797 135.623
202009 104.693 260.280 132.822
202012 96.858 260.474 122.791
202103 94.117 264.877 117.332
202106 96.215 271.696 116.937
202109 96.648 274.310 116.344
202112 100.834 278.802 119.428
202203 101.538 287.504 116.622
202206 100.793 296.311 112.325
202209 110.221 296.808 122.626
202212 117.639 296.797 130.884
202303 116.217 301.836 127.143
202306 125.914 305.109 136.274
202309 134.505 307.789 144.304
202312 151.206 306.746 162.774
202403 141.932 312.332 150.058
202406 160.768 314.175 168.975
202409 170.840 315.301 178.920
202412 183.006 315.605 191.477
202503 170.823 319.799 176.386
202506 178.833 322.561 183.075
202509 188.279 324.800 191.417
202512 196.272 324.054 200.002
202603 202.019 330.213 202.019

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.إ141.02 mean?
Mashreqbank PSC (DFM:MASQ) has a Cyclically Adjusted Book per Share of د.إ141.02 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 Mashreqbank PSC and its competitors.
Is Mashreqbank PSC's Cyclically Adjusted Book per Share too high?
Mashreqbank PSC's current Cyclically Adjusted Book per Share is د.إ141.02. Overall, Mashreqbank PSC has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mashreqbank PSC's Cyclically Adjusted Book per Share compare to competitors?
Mashreqbank PSC's Cyclically Adjusted Book per Share of د.إ141.02 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 Mashreqbank PSC and its competitors. Mashreqbank PSC's current Cyclically Adjusted Book per Share is د.إ141.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mashreqbank PSC stock overvalued right now?
Based on GuruFocus' analysis, Mashreqbank PSC (DFM:MASQ) is currently considered Modestly Overvalued. The stock's GF Value™ is د.إ230.50, compared to a current price of د.إ259.00 — trading 12.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is د.إ141.02. Mashreqbank PSC's overall GF Score™ is 68/100 with 8 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 Mashreqbank PSC (DFM:MASQ), the current Cyclically Adjusted Book per Share is د.إ141.02 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 Mashreqbank PSC (DFM:MASQ) Overvalued in 2026?

Based on GuruFocus' analysis, Mashreqbank PSC stock appears to be overvalued. The current stock price of د.إ259.00 is trading 12.4% above its estimated GF Value™ of د.إ230.50. GuruFocus considers Mashreqbank PSC to be Modestly Overvalued.

Key valuation signals for DFM:MASQ:

  • Cyclically Adjusted Book per Share: د.إ141.02
  • GF Value™: د.إ230.50 vs. price of د.إ259.00 (12.4% above fair value)
  • GF Score™: 68/100 with 8 warning signs

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


Mashreqbank PSC Business Description

Address P.O. Box 1250, Dubai, ARE
Mashreqbank PSC is a banking corporation that provides banking and financial services to customers and businesses. The banking firm serves in domestic markets as well as abroad, mainly with its commercial and retail banking services such as trade finance, project finance, savings and current accounts, fixed deposits, and Mashreq millionaire deposits. The business segments are Wholesale, Retail, Treasury and capital markets, Insurance, and other. The bank's entities include Mashreq Capital, Sukoon Insurance, and Mashreq's fintech and digital innovation platform focused on developing next-generation financial solutions. The group's activities are carried out through its branches in the UAE, Bahrain, Kuwait, Egypt, Hong Kong, India, Pakistan, Qatar, the UK, and the USA.
68GF Score

Get the complete analysis for DFM:MASQ

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

د.إ259.00
Price
د.إ230.50
GF Value