Al-Etihad Cooperative Insurance Co (SAU:8170) Cyclically Adjusted Book per Share: ﷼11.92 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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SAU:8170 Al-Etihad Cooperative Insurance Co SAU:8170
65 GF Score
Price ﷼7.68
GF Value ﷼10.38
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Al-Etihad Cooperative Insurance Co Cyclically Adjusted Book per Share?

Al-Etihad Cooperative Insurance Co SAU:8170 -2.66% 65 Cyclically Adjusted Book per Share is ﷼11.92 as of Mar. 2026. GuruFocus rates SAU:8170 with a GF Score™ of 65/100 and a GF Value™ of ﷼10.38 (Modestly Undervalued). The stock has 1 warning sign 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.

Al-Etihad Cooperative Insurance Co's adjusted book value per share for the three months ended in Mar. 2026 was ﷼8.200. 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 ﷼11.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Al-Etihad Cooperative Insurance Co's average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Al-Etihad Cooperative Insurance Co was 9.40% per year. The lowest was 7.60% per year. And the median was 8.50% per year.

As of today (2026-07-16), Al-Etihad Cooperative Insurance Co's current stock price is ﷼7.68. Al-Etihad Cooperative Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ﷼11.92. Al-Etihad Cooperative Insurance Co's Cyclically Adjusted PB Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Al-Etihad Cooperative Insurance Co was 2.52. The lowest was 0.49. And the median was 1.62.


Al-Etihad Cooperative Insurance Co  (SAU:8170) 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.

Al-Etihad Cooperative Insurance Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.68/11.92
=0.64

* 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 Al-Etihad Cooperative Insurance Co was 2.52. The lowest was 0.49. And the median was 1.62.


Be Aware

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


Al-Etihad Cooperative Insurance Co Cyclically Adjusted Book per Share Related Terms


Al-Etihad Cooperative Insurance Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Al-Etihad Cooperative Insurance 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.

Al-Etihad Cooperative Insurance Co Cyclically Adjusted Book per Share Chart

Al-Etihad Cooperative Insurance 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 8.40 9.36 10.17 11.01 11.67

Al-Etihad Cooperative Insurance 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 11.23 11.45 11.64 11.67 11.92

SAU:8170 vs BRK.A, AIG, HIG: Cyclically Adjusted Book per Share Comparison

For the Insurance - Diversified subindustry, Al-Etihad Cooperative Insurance 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.


Al-Etihad Cooperative Insurance Co Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Al-Etihad Cooperative Insurance Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Al-Etihad Cooperative Insurance Co's Cyclically Adjusted PB Ratio falls into.


SAU:8170
65GF Score
Al-Etihad Cooperative Insurance Co SAU:8170
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al-Etihad Cooperative Insurance 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, Al-Etihad Cooperative Insurance 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)
=8.2/330.2130*330.2130
=8.200

Current CPI (Mar. 2026) = 330.2130.

Al-Etihad Cooperative Insurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.176 241.018 7.092
201609 5.641 241.428 7.715
201612 6.638 241.432 9.079
201703 7.084 243.801 9.595
201706 6.635 244.955 8.944
201709 7.657 246.819 10.244
201712 7.126 246.524 9.545
201803 7.669 249.554 10.148
201806 8.142 251.989 10.669
201809 8.639 252.439 11.301
201812 8.678 251.233 11.406
201903 8.961 254.202 11.641
201906 9.206 256.143 11.868
201909 9.353 256.759 12.029
201912 9.554 256.974 12.277
202003 9.607 258.115 12.290
202006 10.316 257.797 13.214
202009 10.980 260.280 13.930
202012 10.178 260.474 12.903
202103 10.529 264.877 13.126
202106 10.954 271.696 13.313
202109 11.210 274.310 13.495
202112 10.454 278.802 12.382
202203 11.240 287.504 12.910
202206 10.706 296.311 11.931
202209 11.174 296.808 12.432
202212 10.732 296.797 11.940
202303 11.732 301.836 12.835
202306 12.723 305.109 13.770
202309 12.887 307.789 13.826
202312 13.432 306.746 14.460
202403 13.486 312.332 14.258
202406 13.933 314.175 14.644
202409 14.011 315.301 14.674
202412 14.233 315.605 14.892
202503 14.045 319.799 14.502
202506 12.171 322.561 12.460
202509 11.500 324.800 11.692
202512 8.992 324.054 9.163
202603 8.200 330.213 8.200

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 ﷼11.92 mean?
Al-Etihad Cooperative Insurance Co (SAU:8170) has a Cyclically Adjusted Book per Share of ﷼11.92 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 Al-Etihad Cooperative Insurance Co and its competitors.
Is Al-Etihad Cooperative Insurance Co's Cyclically Adjusted Book per Share too high?
Al-Etihad Cooperative Insurance Co's current Cyclically Adjusted Book per Share is ﷼11.92. Overall, Al-Etihad Cooperative Insurance Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Al-Etihad Cooperative Insurance Co's Cyclically Adjusted Book per Share compare to BRK.A and AIG?
Al-Etihad Cooperative Insurance Co's Cyclically Adjusted Book per Share of ﷼11.92 can be compared against companies in the Insurance 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 an Insurance company?
A good Cyclically Adjusted Book per Share depends on the Insurance 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 Al-Etihad Cooperative Insurance Co and its competitors. Al-Etihad Cooperative Insurance Co's current Cyclically Adjusted Book per Share is ﷼11.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Etihad Cooperative Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Al-Etihad Cooperative Insurance Co (SAU:8170) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼10.38, compared to a current price of ﷼7.68 — trading 26% below its estimated fair value. The current Cyclically Adjusted Book per Share is ﷼11.92. Al-Etihad Cooperative Insurance Co's overall GF Score™ is 65/100 with 1 warning sign 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 Al-Etihad Cooperative Insurance Co (SAU:8170), the current Cyclically Adjusted Book per Share is ﷼11.92 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 Al-Etihad Cooperative Insurance Co (SAU:8170) Overvalued in 2026?

Based on GuruFocus' analysis, Al-Etihad Cooperative Insurance Co stock appears to be undervalued. The current stock price of ﷼7.68 is trading 26% below its estimated GF Value™ of ﷼10.38. GuruFocus considers Al-Etihad Cooperative Insurance Co to be Modestly Undervalued.

Key valuation signals for SAU:8170:

  • Cyclically Adjusted Book per Share: ﷼11.92
  • GF Value™: ﷼10.38 vs. price of ﷼7.68 (26% below fair value)
  • GF Score™: 65/100 with 1 warning sign

No single metric tells the full story. See the SAU:8170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Al-Etihad Cooperative Insurance Co Business Description

Address 8514 King Fahad bin Abdulaziz Road, P. O. Box 1022, Al Abdulkarim Tower, Unit No 15, Al-Qashlah District, Dhahran, SAU, 34232-4233
Al-Etihad Cooperative Insurance Co provides insurance and reinsurance services in Saudi Arabia. It offers services through the segments of Medical insurance, Property insurance, Engineering, Motor insurance, General accident, and others.
65GF Score

Get the complete analysis for SAU:8170

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

﷼7.68
Price
﷼10.38
GF Value