Salalah Port Services Co (MUS:SPSI) Cyclically Adjusted Book per Share: ر.ع0.45 (As of Mar. 2026)


MUS:SPSI Salalah Port Services Co MUS:SPSI
50 GF Score
Price ر.ع0.53
GF Value ر.ع0.36
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Salalah Port Services Co Cyclically Adjusted Book per Share?

Salalah Port Services Co MUS:SPSI 50 Cyclically Adjusted Book per Share is ر.ع0.45 as of Mar. 2026. GuruFocus rates MUS:SPSI with a GF Score™ of 50/100 and a GF Value™ of ر.ع0.36 (Significantly Overvalued). The stock has 5 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.

Salalah Port Services Co's adjusted book value per share for the three months ended in Mar. 2026 was ر.ع0.406. 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.ع0.45 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Salalah Port Services Co's average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Salalah Port Services Co was 9.10% per year. The lowest was 5.90% per year. And the median was 7.30% per year.

As of today (2026-07-08), Salalah Port Services Co's current stock price is ر.ع0.533. Salalah Port Services Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ر.ع0.45. Salalah Port Services Co's Cyclically Adjusted PB Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Salalah Port Services Co was 2.07. The lowest was 0.55. And the median was 1.18.


Salalah Port Services Co  (MUS:SPSI) 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.

Salalah Port Services Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.533/0.45
=1.18

* 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 Salalah Port Services Co was 2.07. The lowest was 0.55. And the median was 1.18.


Be Aware

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


Salalah Port Services Co Cyclically Adjusted Book per Share Related Terms


Salalah Port Services Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Salalah Port Services 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.

Salalah Port Services Co Cyclically Adjusted Book per Share Chart

Salalah Port Services 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 0.34 0.37 0.39 0.42 0.44

Salalah Port Services Co 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 0.43 0.44 0.44 0.44 0.45

MUS:SPSI vs KEX: Cyclically Adjusted Book per Share Comparison

For the Marine Shipping subindustry, Salalah Port Services 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.


Salalah Port Services Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Salalah Port Services Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Salalah Port Services Co's Cyclically Adjusted PB Ratio falls into.


MUS:SPSI
50GF Score
Salalah Port Services Co MUS:SPSI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salalah Port Services 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, Salalah Port Services Co'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)
=0.406/330.2130*330.2130
=0.406

Current CPI (Mar. 2026) = 330.2130.

Salalah Port Services Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.283 241.018 0.388
201609 0.290 241.428 0.397
201612 0.300 241.432 0.410
201703 0.296 243.801 0.401
201706 0.283 244.955 0.381
201709 0.297 246.819 0.397
201712 0.311 246.524 0.417
201803 0.306 249.554 0.405
201806 0.301 251.989 0.394
201809 0.286 252.439 0.374
201812 0.326 251.233 0.428
201903 0.320 254.202 0.416
201906 0.323 256.143 0.416
201909 0.330 256.759 0.424
201912 0.342 256.974 0.439
202003 0.379 258.115 0.485
202006 0.384 257.797 0.492
202009 0.393 260.280 0.499
202012 0.405 260.474 0.513
202103 0.389 264.877 0.485
202106 0.394 271.696 0.479
202109 0.402 274.310 0.484
202112 0.405 278.802 0.480
202203 0.401 287.504 0.461
202206 0.403 296.311 0.449
202209 0.407 296.808 0.453
202212 0.413 296.797 0.459
202303 0.410 301.836 0.449
202306 0.417 305.109 0.451
202309 0.483 307.789 0.518
202312 0.303 306.746 0.326
202403 0.879 312.332 0.929
202406 0.431 314.175 0.453
202409 0.421 315.301 0.441
202412 0.422 315.605 0.442
202503 0.412 319.799 0.425
202506 0.425 322.561 0.435
202509 0.413 324.800 0.420
202512 0.488 324.054 0.497
202603 0.406 330.213 0.406

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.ع0.45 mean?
Salalah Port Services Co (MUS:SPSI) has a Cyclically Adjusted Book per Share of ر.ع0.45 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 Salalah Port Services Co and its competitors.
Is Salalah Port Services Co's Cyclically Adjusted Book per Share too high?
Salalah Port Services Co's current Cyclically Adjusted Book per Share is ر.ع0.45. Overall, Salalah Port Services Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salalah Port Services Co's Cyclically Adjusted Book per Share compare to KEX?
Salalah Port Services Co's Cyclically Adjusted Book per Share of ر.ع0.45 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Salalah Port Services Co and its competitors. Salalah Port Services Co's current Cyclically Adjusted Book per Share is ر.ع0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salalah Port Services Co stock overvalued right now?
Based on GuruFocus' analysis, Salalah Port Services Co (MUS:SPSI) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.36, compared to a current price of ر.ع0.53 — trading 48.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is ر.ع0.45. Salalah Port Services Co's overall GF Score™ is 50/100 with 5 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 Salalah Port Services Co (MUS:SPSI), the current Cyclically Adjusted Book per Share is ر.ع0.45 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 Salalah Port Services Co (MUS:SPSI) Overvalued in 2026?

Based on GuruFocus' analysis, Salalah Port Services Co stock appears to be overvalued. The current stock price of ر.ع0.53 is trading 48.1% above its estimated GF Value™ of ر.ع0.36. GuruFocus considers Salalah Port Services Co to be Significantly Overvalued.

Key valuation signals for MUS:SPSI:

  • Cyclically Adjusted Book per Share: ر.ع0.45
  • GF Value™: ر.ع0.36 vs. price of ر.ع0.53 (48.1% above fair value)
  • GF Score™: 50/100 with 5 warning signs

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


Salalah Port Services Co Business Description

Address Al Sarooj, Way No. 2601, Fourth Floor, Office 401, P.O. Box 105, PC 118, Beach One Building, Muscat, OMN, 211
Salalah Port Services Co operates the Port of Salalah, which is in the east-west shipping lane of the Sultanate of Oman. Its port activity includes leasing, equipping, operating, and managing Terminals and Cargo. The group operates with two business divisions; Container Terminal and General Cargo Terminal, of which it derives maximum revenue from Container Terminal. Its geographical area of operation includes Oman, Europe, and others of which the Europe region accounts for a larger share of the revenue.
50GF Score

Get the complete analysis for MUS:SPSI

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

ر.ع0.53
Price
ر.ع0.36
GF Value