Saudi Ceramic Co (SAU:2040) Cyclically Adjusted Book per Share: ﷼18.90 (As of Mar. 2026)

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SAU:2040 Saudi Ceramic Co SAU:2040
61 GF Score
Price ﷼24.69
GF Value ﷼31.69
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Saudi Ceramic Co Cyclically Adjusted Book per Share?

Saudi Ceramic Co SAU:2040 -1.32% 61 Cyclically Adjusted Book per Share is ﷼18.90 as of Mar. 2026. GuruFocus rates SAU:2040 with a GF Score™ of 61/100 and a GF Value™ of ﷼31.69 (Modestly Undervalued). The stock has 9 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.

Saudi Ceramic Co's adjusted book value per share for the three months ended in Mar. 2026 was ﷼15.304. 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 ﷼18.90 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Saudi Ceramic Co's average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.20% 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 Saudi Ceramic Co was 6.90% per year. The lowest was -0.50% per year. And the median was 2.60% per year.

As of today (2026-07-16), Saudi Ceramic Co's current stock price is ﷼24.69. Saudi Ceramic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ﷼18.90. Saudi Ceramic Co's Cyclically Adjusted PB Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saudi Ceramic Co was 3.12. The lowest was 0.96. And the median was 1.53.


Saudi Ceramic Co  (SAU:2040) 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.

Saudi Ceramic Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.69/18.90
=1.31

* 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 Saudi Ceramic Co was 3.12. The lowest was 0.96. And the median was 1.53.


Be Aware

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


Saudi Ceramic Co Cyclically Adjusted Book per Share Related Terms


Saudi Ceramic Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Saudi Ceramic 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.

Saudi Ceramic Co Cyclically Adjusted Book per Share Chart

Saudi Ceramic 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 17.86 19.13 19.45 19.30 18.84

Saudi Ceramic 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 19.31 19.26 19.14 18.84 18.90

SAU:2040 vs TT, JCI, CARR: Cyclically Adjusted Book per Share Comparison

For the Building Products & Equipment subindustry, Saudi Ceramic 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.


Saudi Ceramic Co Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Saudi Ceramic Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Saudi Ceramic Co's Cyclically Adjusted PB Ratio falls into.


SAU:2040
61GF Score
Saudi Ceramic Co SAU:2040
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saudi Ceramic 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, Saudi Ceramic 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)
=15.304/330.2130*330.2130
=15.304

Current CPI (Mar. 2026) = 330.2130.

Saudi Ceramic Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.741 241.018 25.677
201609 18.281 241.428 25.004
201612 17.751 241.432 24.279
201703 18.330 243.801 24.827
201706 0.000 244.955 0.000
201709 17.395 246.819 23.272
201712 16.309 246.524 21.846
201803 15.796 249.554 20.901
201806 15.332 251.989 20.091
201809 15.417 252.439 20.167
201812 14.159 251.233 18.610
201903 13.916 254.202 18.077
201906 13.727 256.143 17.696
201909 13.982 256.759 17.982
201912 14.094 256.974 18.111
202003 14.201 258.115 18.168
202006 14.266 257.797 18.273
202009 14.591 260.280 18.511
202012 14.857 260.474 18.835
202103 15.635 264.877 19.492
202106 16.348 271.696 19.869
202109 16.257 274.310 19.570
202112 16.717 278.802 19.800
202203 16.644 287.504 19.116
202206 17.024 296.311 18.972
202209 17.053 296.808 18.972
202212 17.497 296.797 19.467
202303 17.266 301.836 18.889
202306 17.602 305.109 19.050
202309 15.918 307.789 17.078
202312 15.045 306.746 16.196
202403 15.201 312.332 16.071
202406 15.092 314.175 15.862
202409 15.077 315.301 15.790
202412 14.241 315.605 14.900
202503 14.494 319.799 14.966
202506 15.630 322.561 16.001
202509 15.195 324.800 15.448
202512 15.588 324.054 15.884
202603 15.304 330.213 15.304

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 ﷼18.90 mean?
Saudi Ceramic Co (SAU:2040) has a Cyclically Adjusted Book per Share of ﷼18.90 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 Saudi Ceramic Co and its competitors.
Is Saudi Ceramic Co's Cyclically Adjusted Book per Share too high?
Saudi Ceramic Co's current Cyclically Adjusted Book per Share is ﷼18.90. Overall, Saudi Ceramic Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saudi Ceramic Co's Cyclically Adjusted Book per Share compare to TT and JCI?
Saudi Ceramic Co's Cyclically Adjusted Book per Share of ﷼18.90 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 Saudi Ceramic Co and its competitors. Saudi Ceramic Co's current Cyclically Adjusted Book per Share is ﷼18.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Ceramic Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Ceramic Co (SAU:2040) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼31.69, compared to a current price of ﷼24.69 — trading 22.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is ﷼18.90. Saudi Ceramic Co's overall GF Score™ is 61/100 with 9 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 Saudi Ceramic Co (SAU:2040), the current Cyclically Adjusted Book per Share is ﷼18.90 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 Saudi Ceramic Co (SAU:2040) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Ceramic Co stock appears to be undervalued. The current stock price of ﷼24.69 is trading 22.1% below its estimated GF Value™ of ﷼31.69. GuruFocus considers Saudi Ceramic Co to be Modestly Undervalued.

Key valuation signals for SAU:2040:

  • Cyclically Adjusted Book per Share: ﷼18.90
  • GF Value™: ﷼31.69 vs. price of ﷼24.69 (22.1% below fair value)
  • GF Score™: 61/100 with 9 warning signs

No single metric tells the full story. See the SAU:2040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saudi Ceramic Co Business Description

Address King Fahad Road, P.O. Box 3893, Al-Olayya District, Riyadh, SAU, 11481
Saudi Ceramic Co is engaged in the production and sale of ceramic products, water heaters, and related components. The company is also involved in the import of related machinery, equipment, and other accessories. It has three reporting segments: the Ceramic Tiles and Sanitary Ware segment, which generates the maximum revenue and is involved in the manufacturing and distribution of ceramic and porcelain tiles and sanitary ware items; the Water Heaters segment, which is engaged in the manufacturing and distribution of electric water heaters; and the Ceramic Pipes segment, which is involved in the manufacturing and distribution of clay pipes for sanitary ware and sewage networks. The company generates the majority of its revenue from the local market.
61GF Score

Get the complete analysis for SAU:2040

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

﷼24.69
Price
﷼31.69
GF Value