Abu Dhabi Ship Building PJSC (ADX:ADSB) Cyclically Adjusted PB Ratio: 4.72 (As of Jul. 27, 2026)

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ADX:ADSB Abu Dhabi Ship Building PJSC ADX:ADSB
5 GF Score
Price د.إ8.02
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What is Abu Dhabi Ship Building PJSC Cyclically Adjusted PB Ratio?

Abu Dhabi Ship Building PJSC ADX:ADSB +2.17% 5 Cyclically Adjusted PB Ratio is 4.72 as of Jul. 27, 2026. GuruFocus rates ADX:ADSB with a GF Score™ of 5/100.

As of today (2026-07-27), Abu Dhabi Ship Building PJSC's current share price is د.إ8.02. Abu Dhabi Ship Building PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was د.إ1.70. Abu Dhabi Ship Building PJSC's Cyclically Adjusted PB Ratio for today is 4.72.

The historical rank and industry rank for Abu Dhabi Ship Building PJSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

ADX:ADSB's Cyclically Adjusted PB Ratio is not ranked *
in the Aerospace & Defense industry.
Industry Median: 3.54
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Abu Dhabi Ship Building PJSC's adjusted book value per share data of for the fiscal year that ended in Dec23 was د.إ1.293. 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 د.إ1.70 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abu Dhabi Ship Building PJSC  (ADX:ADSB) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Abu Dhabi Ship Building PJSC Cyclically Adjusted PB Ratio Related Terms


Abu Dhabi Ship Building PJSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Abu Dhabi Ship Building PJSC's Cyclically Adjusted PB Ratio 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.

Abu Dhabi Ship Building PJSC Cyclically Adjusted PB Ratio Chart

Abu Dhabi Ship Building PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.26 2.25 2.32 2.41

Abu Dhabi Ship Building PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio 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 0.90 1.26 2.25 2.32 2.41

ADX:ADSB vs GE, RTX, BA: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Abu Dhabi Ship Building PJSC'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.


Abu Dhabi Ship Building PJSC Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Abu Dhabi Ship Building PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Ship Building PJSC's Cyclically Adjusted PB Ratio falls into.


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Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Abu Dhabi Ship Building PJSC Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Abu Dhabi Ship Building PJSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.02/1.70
=4.72

* 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.

Abu Dhabi Ship Building PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Abu Dhabi Ship Building PJSC's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.293/306.7460*306.7460
=1.293

Current CPI (Dec23) = 306.7460.

Abu Dhabi Ship Building PJSC Annual Data

Book Value per Share CPI Adj_Book
201412 1.305 234.812 1.705
201512 1.735 236.525 2.250
201612 1.947 241.432 2.474
201712 2.367 246.524 2.945
201812 1.104 251.233 1.348
201912 1.137 256.974 1.357
202012 1.034 260.474 1.218
202112 1.086 278.802 1.195
202212 1.163 296.797 1.202
202312 1.293 306.746 1.293

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 4.72 mean?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a Cyclically Adjusted PB Ratio of 4.72 as of Jul. 27, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Abu Dhabi Ship Building PJSC and its competitors.
Is Abu Dhabi Ship Building PJSC's Cyclically Adjusted PB Ratio too high?
Abu Dhabi Ship Building PJSC's current Cyclically Adjusted PB Ratio is 4.72. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.54. Abu Dhabi Ship Building PJSC's value of 4.72 is 33.3% above this industry median. Overall, Abu Dhabi Ship Building PJSC has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Abu Dhabi Ship Building PJSC's Cyclically Adjusted PB Ratio compare to GE and RTX?
Abu Dhabi Ship Building PJSC's Cyclically Adjusted PB Ratio of 4.72 can be compared against companies in the Aerospace & Defense industry. The industry median Cyclically Adjusted PB Ratio is 3.54. Abu Dhabi Ship Building PJSC's value of 4.72 is 33.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.54, based on 214 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Abu Dhabi Ship Building PJSC's current Cyclically Adjusted PB Ratio of 4.72 is 33.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Abu Dhabi Ship Building PJSC and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abu Dhabi Ship Building PJSC's current Cyclically Adjusted PB Ratio is 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abu Dhabi Ship Building PJSC stock overvalued right now?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a current Cyclically Adjusted PB Ratio of 4.72. The current Cyclically Adjusted PB Ratio is 4.72 and 33.3% above the Aerospace & Defense industry median of 3.54. Abu Dhabi Ship Building PJSC's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Abu Dhabi Ship Building PJSC (ADX:ADSB), the current Cyclically Adjusted PB Ratio is 4.72 as of Jul. 27, 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.

Abu Dhabi Ship Building PJSC Business Description

Address Musafah Industrial Area, P.O. Box 8922, Abu Dhabi, ARE
Abu Dhabi Ship Building PJSC is a shipbuilder and support services contractor locally and internationally. Its operating segments include New Build and Engineering; Small Boats; Military Repairs and Maintenance; Commercial Repairs and Maintenance and Combat System Integration. It generates maximum revenue from the New Build and Engineering services segment. It provides the design, engineering, research and development, construction, commissioning, test and trials, ILS, upgrades, conversions, and consultancy services for military, commercial, and leisure vessels in any construction material.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ8.02
Price