Najran Cement Co (SAU:3002) Cyclically Adjusted Book per Share: ﷼14.08 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

SAU:3002 Najran Cement Co SAU:3002
59 GF Score
Price ﷼5.69
GF Value ﷼9.22
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Najran Cement Co Cyclically Adjusted Book per Share?

Najran Cement Co SAU:3002 -0.18% 59 Cyclically Adjusted Book per Share is ﷼14.08 as of Mar. 2026. GuruFocus rates SAU:3002 with a GF Score™ of 59/100 and a GF Value™ of ﷼9.22 (Possible Value Trap). The stock has 7 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.

Najran Cement Co's adjusted book value per share for the three months ended in Mar. 2026 was ﷼12.388. 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 ﷼14.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Najran Cement Co's average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.50% 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 Najran Cement Co was 3.20% per year. The lowest was 0.50% per year. And the median was 1.85% per year.

As of today (2026-07-17), Najran Cement Co's current stock price is ﷼5.69. Najran Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ﷼14.08. Najran Cement Co's Cyclically Adjusted PB Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Najran Cement Co was 1.49. The lowest was 0.40. And the median was 0.73.


Najran Cement Co  (SAU:3002) 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.

Najran Cement Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.69/14.08
=0.40

* 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 Najran Cement Co was 1.49. The lowest was 0.40. And the median was 0.73.


Be Aware

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


Najran Cement Co Cyclically Adjusted Book per Share Related Terms


Najran Cement Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Najran Cement 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.

Najran Cement Co Cyclically Adjusted Book per Share Chart

Najran Cement 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 12.74 13.75 13.95 13.99 13.95

Najran Cement 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 14.12 14.12 14.10 13.95 14.08

SAU:3002 vs CRH, VMC, MLM: Cyclically Adjusted Book per Share Comparison

For the Building Materials subindustry, Najran Cement 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.


Najran Cement Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Najran Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SAU:3002
59GF Score
Najran Cement Co SAU:3002
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Najran Cement 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, Najran Cement 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)
=12.388/330.2130*330.2130
=12.388

Current CPI (Mar. 2026) = 330.2130.

Najran Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.977 241.018 16.409
201609 12.067 241.428 16.505
201612 12.099 241.432 16.548
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 12.062 246.819 16.137
201712 11.935 246.524 15.987
201803 11.812 249.554 15.630
201806 11.625 251.989 15.234
201809 11.486 252.439 15.025
201812 11.374 251.233 14.950
201903 11.410 254.202 14.822
201906 11.394 256.143 14.689
201909 11.477 256.759 14.760
201912 11.668 256.974 14.993
202003 11.904 258.115 15.229
202006 12.098 257.797 15.496
202009 12.377 260.280 15.702
202012 12.094 260.474 15.332
202103 11.699 264.877 14.585
202106 11.893 271.696 14.454
202109 11.356 274.310 13.670
202112 11.466 278.802 13.580
202203 11.451 287.504 13.152
202206 11.529 296.311 12.848
202209 11.693 296.808 13.009
202212 11.543 296.797 12.843
202303 11.896 301.836 13.014
202306 11.689 305.109 12.651
202309 11.755 307.789 12.611
202312 11.612 306.746 12.500
202403 11.902 312.332 12.583
202406 11.946 314.175 12.556
202409 12.051 315.301 12.621
202412 12.014 315.605 12.570
202503 12.129 319.799 12.524
202506 12.236 322.561 12.526
202509 12.280 324.800 12.485
202512 12.351 324.054 12.586
202603 12.388 330.213 12.388

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 ﷼14.08 mean?
Najran Cement Co (SAU:3002) has a Cyclically Adjusted Book per Share of ﷼14.08 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 Najran Cement Co and its competitors.
Is Najran Cement Co's Cyclically Adjusted Book per Share too high?
Najran Cement Co's current Cyclically Adjusted Book per Share is ﷼14.08. Overall, Najran Cement Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Najran Cement Co's Cyclically Adjusted Book per Share compare to CRH and VMC?
Najran Cement Co's Cyclically Adjusted Book per Share of ﷼14.08 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Book per Share depends on the Building Materials 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 Najran Cement Co and its competitors. Najran Cement Co's current Cyclically Adjusted Book per Share is ﷼14.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Najran Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Najran Cement Co (SAU:3002) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼9.22, compared to a current price of ﷼5.69 — trading 38.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is ﷼14.08. Najran Cement Co's overall GF Score™ is 59/100 with 7 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 Najran Cement Co (SAU:3002), the current Cyclically Adjusted Book per Share is ﷼14.08 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 Najran Cement Co (SAU:3002) Overvalued in 2026?

Based on GuruFocus' analysis, Najran Cement Co stock appears to be undervalued. The current stock price of ﷼5.69 is trading 38.3% below its estimated GF Value™ of ﷼9.22. GuruFocus considers Najran Cement Co to be Possible Value Trap.

Key valuation signals for SAU:3002:

  • Cyclically Adjusted Book per Share: ﷼14.08
  • GF Value™: ﷼9.22 vs. price of ﷼5.69 (38.3% below fair value)
  • GF Score™: 59/100 with 7 warning signs

No single metric tells the full story. See the SAU:3002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Najran Cement Co Business Description

Address 9204 King Saud Road, PO Box 1006, Najran, SAU, 66256
Najran Cement Co is a Saudi Arabia-based company engaged in the business of manufacturing ordinary portland cement and cement resistant to salts. Its product portfolio comprises ordinary portland cement, portland sulphate resistant cement, portland pozzolanic cement, Lyasah, and Lyasah plus cement. Additionally, the company offers an integrated electronic service for selling and delivering cement to its business customers (companies and institutions) through the Wasel App. It is engaged in one operating segment, i.e., manufacturing cement. Geographically, Najran Cement generates the majority of its revenue from the local market, and to a lesser extent, also exports its products to other countries.
59GF Score

Get the complete analysis for SAU:3002

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

﷼5.69
Price
﷼9.22
GF Value