Riyad REIT Fund (SAU:4330) Cyclically Adjusted Book per Share: ﷼10.53 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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SAU:4330 Riyad REIT Fund SAU:4330
72 GF Score
Price ﷼4.87
GF Value ﷼7.53
Valuation Possible Value Trap
! 6 Warning Signs
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What is Riyad REIT Fund Cyclically Adjusted Book per Share?

Riyad REIT Fund SAU:4330 -0.20% 72 Cyclically Adjusted Book per Share is ﷼10.53 as of Dec. 2025. GuruFocus rates SAU:4330 with a GF Score™ of 72/100 and a GF Value™ of ﷼7.53 (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.

Riyad REIT Fund's adjusted book value per share data for the fiscal year that ended in Dec. 2025 was ﷼6.756. 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 ﷼10.53 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Riyad REIT Fund's average Cyclically Adjusted Book Growth Rate was -3.60% 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.

As of today (2026-07-23), Riyad REIT Fund's current stock price is ﷼ 4.87. Riyad REIT Fund's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2025 was ﷼10.53. Riyad REIT Fund's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Riyad REIT Fund was 0.60. The lowest was 0.46. And the median was 0.48.


Riyad REIT Fund  (SAU:4330) 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.

Riyad REIT Fund's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.87/10.53
=0.46

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Riyad REIT Fund was 0.60. The lowest was 0.46. And the median was 0.48.


Be Aware

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


Riyad REIT Fund Cyclically Adjusted Book per Share Related Terms


Riyad REIT Fund Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Riyad REIT Fund'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.

Riyad REIT Fund Cyclically Adjusted Book per Share Chart

Riyad REIT Fund 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 0.00 0.00 0.00 10.92 10.53

Riyad REIT Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 10.92 0.00 10.53

SAU:4330 vs HST, RHP, APLE: Cyclically Adjusted Book per Share Comparison

For the REIT - Hotel & Motel subindustry, Riyad REIT Fund'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.


Riyad REIT Fund Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Riyad REIT Fund's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Riyad REIT Fund's Cyclically Adjusted PB Ratio falls into.


SAU:4330
72GF Score
Riyad REIT Fund SAU:4330
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riyad REIT Fund 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, Riyad REIT Fund's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_Book=Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=6.756/324.0540*324.0540
=6.756

Current CPI (Dec. 2025) = 324.0540.

Riyad REIT Fund Annual Data

Book Value per Share CPI Adj_Book
201612 9.638 241.432 12.936
201712 9.779 246.524 12.854
201812 9.563 251.233 12.335
201912 9.456 256.974 11.924
202012 9.268 260.474 11.530
202112 9.311 278.802 10.822
202212 8.919 296.797 9.738
202312 8.545 306.746 9.027
202412 7.154 315.605 7.346
202512 6.756 324.054 6.756

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 ﷼10.53 mean?
Riyad REIT Fund (SAU:4330) has a Cyclically Adjusted Book per Share of ﷼10.53 as of Dec. 2025. 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 Riyad REIT Fund and its competitors.
Is Riyad REIT Fund's Cyclically Adjusted Book per Share too high?
Riyad REIT Fund's current Cyclically Adjusted Book per Share is ﷼10.53. Overall, Riyad REIT Fund has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Riyad REIT Fund's Cyclically Adjusted Book per Share compare to HST and RHP?
Riyad REIT Fund's Cyclically Adjusted Book per Share of ﷼10.53 can be compared against companies in the REITs 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 REITs company?
A good Cyclically Adjusted Book per Share depends on the REITs 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 Riyad REIT Fund and its competitors. Riyad REIT Fund's current Cyclically Adjusted Book per Share is ﷼10.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riyad REIT Fund stock overvalued right now?
Based on GuruFocus' analysis, Riyad REIT Fund (SAU:4330) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼7.53, compared to a current price of ﷼4.87 — trading 35.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is ﷼10.53. Riyad REIT Fund's overall GF Score™ is 72/100 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 Riyad REIT Fund (SAU:4330), the current Cyclically Adjusted Book per Share is ﷼10.53 as of Dec. 2025. 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 Riyad REIT Fund (SAU:4330) Overvalued in 2026?

Based on GuruFocus' analysis, Riyad REIT Fund stock appears to be undervalued. The current stock price of ﷼4.87 is trading 35.3% below its estimated GF Value™ of ﷼7.53. GuruFocus considers Riyad REIT Fund to be Possible Value Trap.

Key valuation signals for SAU:4330:

  • Cyclically Adjusted Book per Share: ﷼10.53
  • GF Value™: ﷼7.53 vs. price of ﷼4.87 (35.3% below fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the SAU:4330 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riyad REIT Fund Business Description

Industry Real EstateREITs
Address 2414 - Al Shohda District, Unit No. 69, 3rd floor, Tower A1, Granada Business Park, Riyadh, SAU, 13241-7279
Riyad REIT Fund is a closed-ended Shari'ah-compliant real estate investment traded fund. It acquires, maintains, owns, and develops a portfolio of income-producing real estate assets. The primary investment objective of the REIT is to provide unitholders with current income by investing in income-producing real estate assets in Saudi Arabia. The REIT may on, a secondary basis, invest in development opportunities with profitable growth potentials that cater for specific real-estate needs, previously unavailable in certain areas.
72GF Score

Get the complete analysis for SAU:4330

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

﷼4.87
Price
﷼7.53
GF Value