Mazaya Real Estate Development Co (DSMD:MRDS) Cyclically Adjusted Book per Share: ر.ق1.45 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DSMD:MRDS Mazaya Real Estate Development Co DSMD:MRDS
78 GF Score
Price ر.ق0.56
GF Value ر.ق1.25
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Mazaya Real Estate Development Co Cyclically Adjusted Book per Share?

Mazaya Real Estate Development Co DSMD:MRDS +0.91% 78 Cyclically Adjusted Book per Share is ر.ق1.45 as of Jun. 2026. GuruFocus rates DSMD:MRDS with a GF Score™ of 78/100 and a GF Value™ of ر.ق1.25 (Possible Value Trap). The stock has 6 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.

Mazaya Real Estate Development Co's adjusted book value per share for the three months ended in Jun. 2026 was ر.ق1.044. 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 ر.ق1.45 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Mazaya Real Estate Development Co's average Cyclically Adjusted Book Growth Rate was -2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Mazaya Real Estate Development Co was 3.80% per year. The lowest was -1.30% per year. And the median was 2.20% per year.

As of today (2026-09-07), Mazaya Real Estate Development Co's current stock price is ر.ق0.556. Mazaya Real Estate Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ر.ق1.45. Mazaya Real Estate Development Co's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mazaya Real Estate Development Co was 1.10. The lowest was 0.37. And the median was 0.54.


Mazaya Real Estate Development Co  (DSMD:MRDS) 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.

Mazaya Real Estate Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.556/1.45
=0.38

* 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 Mazaya Real Estate Development Co was 1.10. The lowest was 0.37. And the median was 0.54.


Be Aware

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


Mazaya Real Estate Development Co Cyclically Adjusted Book per Share Related Terms


Mazaya Real Estate Development Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mazaya Real Estate Development Co'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.

Mazaya Real Estate Development Co Cyclically Adjusted Book per Share Chart

Mazaya Real Estate Development Co 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 1.46 1.52 1.52 1.50 1.46

Mazaya Real Estate Development Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.49 1.48 1.46 1.46 1.45

DSMD:MRDS vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Mazaya Real Estate Development Co'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.


Mazaya Real Estate Development Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mazaya Real Estate Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mazaya Real Estate Development Co's Cyclically Adjusted PB Ratio falls into.


DSMD:MRDS
78GF Score
Mazaya Real Estate Development Co DSMD:MRDS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mazaya Real Estate Development Co 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, Mazaya Real Estate Development Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.044/333.9520*333.9520
=1.044

Current CPI (Jun. 2026) = 333.9520.

Mazaya Real Estate Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.455 241.428 2.013
201612 1.454 241.432 2.011
201703 1.459 243.801 1.998
201706 1.468 244.955 2.001
201709 1.472 246.819 1.992
201712 1.482 246.524 2.008
201803 1.475 249.554 1.974
201806 1.497 251.989 1.984
201809 1.503 252.439 1.988
201812 1.252 251.233 1.664
201903 1.485 254.202 1.951
201906 1.264 256.143 1.648
201909 1.269 256.759 1.651
201912 1.226 256.974 1.593
202003 1.232 258.115 1.594
202006 1.223 257.797 1.584
202009 1.247 260.280 1.600
202012 1.266 260.474 1.623
202103 1.273 264.877 1.605
202106 1.237 271.696 1.520
202109 1.247 274.310 1.518
202112 0.983 278.802 1.177
202203 0.995 287.504 1.156
202206 1.004 296.311 1.132
202209 1.016 296.808 1.143
202212 1.023 296.797 1.151
202303 1.034 301.836 1.144
202306 1.038 305.109 1.136
202309 1.045 307.789 1.134
202312 1.051 306.746 1.144
202403 1.034 312.332 1.106
202406 0.951 314.175 1.011
202409 0.955 315.301 1.011
202412 0.956 315.605 1.012
202503 0.983 319.799 1.027
202506 0.994 322.561 1.029
202509 1.005 324.800 1.033
202512 1.009 324.054 1.040
202603 1.017 330.213 1.029
202606 1.044 333.952 1.044

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 ر.ق1.45 mean?
Mazaya Real Estate Development Co (DSMD:MRDS) has a Cyclically Adjusted Book per Share of ر.ق1.45 as of Jun. 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 Mazaya Real Estate Development Co and its competitors.
Is Mazaya Real Estate Development Co's Cyclically Adjusted Book per Share too high?
Mazaya Real Estate Development Co's current Cyclically Adjusted Book per Share is ر.ق1.45. Overall, Mazaya Real Estate Development Co has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mazaya Real Estate Development Co's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Mazaya Real Estate Development Co's Cyclically Adjusted Book per Share of ر.ق1.45 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 Mazaya Real Estate Development Co and its competitors. Mazaya Real Estate Development Co's current Cyclically Adjusted Book per Share is ر.ق1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazaya Real Estate Development Co stock overvalued right now?
Based on GuruFocus' analysis, Mazaya Real Estate Development Co (DSMD:MRDS) is currently considered Possible Value Trap. The stock's GF Value™ is ر.ق1.25, compared to a current price of ر.ق0.56 — trading 55.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is ر.ق1.45. Mazaya Real Estate Development Co's overall GF Score™ is 78/100 with 6 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 Mazaya Real Estate Development Co (DSMD:MRDS), the current Cyclically Adjusted Book per Share is ر.ق1.45 as of Jun. 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 Mazaya Real Estate Development Co (DSMD:MRDS) Overvalued in 2026?

Based on GuruFocus' analysis, Mazaya Real Estate Development Co stock appears to be undervalued. The current stock price of ر.ق0.56 is trading 55.5% below its estimated GF Value™ of ر.ق1.25. GuruFocus considers Mazaya Real Estate Development Co to be Possible Value Trap.

Key valuation signals for DSMD:MRDS:

  • Cyclically Adjusted Book per Share: ر.ق1.45
  • GF Value™: ر.ق1.25 vs. price of ر.ق0.56 (55.5% below fair value)
  • GF Score™: 78/100 with 6 warning signs

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


Mazaya Real Estate Development Co Business Description

Address Zone 60 - Street 810, Building 17, P.O. Box 18132, Tornado Tower, West Bay, Dafna, Doha, QAT
Mazaya Real Estate Development Co operates is engaged in developing and managing residential compounds, real estate investment, land development for resale, construction, project management, real estate marketing, property management, maintenance, and brokerage services. In addition, The company is also involved in the management of residential compounds.
78GF Score

Get the complete analysis for DSMD:MRDS

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

ر.ق0.56
Price
ر.ق1.25
GF Value