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Al Khaleej Investment PJSCADX:KICO 49 Cyclically Adjusted PB Ratio is 1.56 as of Jul. 19, 2026, which is 21% above its 10-year median of 1.29. GuruFocus rates ADX:KICO with a GF Score™ of 49/100 and a GF Value™ of د.إ1.48 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,440 Real Estate companies, Al Khaleej Investment PJSC ranks worse than 78.68% on this metric.
The historical rank and industry rank for Al Khaleej Investment PJSC's Cyclically Adjusted PB Ratio or its related term are showing as below:
ADX:KICO'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25 Med: 1.29 Max: 2.09
Current: 1.56
During the past years, Al Khaleej Investment PJSC's highest Cyclically Adjusted PB Ratio was 2.09. The lowest was 0.25. And the median was 1.29.
ADX:KICO's Cyclically Adjusted PB Ratio is ranked worse than 78.68% of 1440
companies
in the Real Estate industry
Industry Median: 0.705
vs ADX:KICO: 1.56
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 Khaleej Investment PJSC's adjusted book value per share data for the three months ended in Dec. 2025 was د.إ2.720. 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.إ3.32 for the trailing ten years ended in Dec. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
Al Khaleej Investment PJSC (ADX:KICO) 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.
Al Khaleej Investment PJSC Cyclically Adjusted PB Ratio Related Terms
Al Khaleej Investment PJSC Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Al Khaleej Investment 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.
Al Khaleej Investment PJSC Cyclically Adjusted PB Ratio Chart
ADX:KICO vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison
For the Real Estate Services subindustry, Al Khaleej Investment 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.
Al Khaleej Investment PJSC Cyclically Adjusted PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Al Khaleej Investment PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Al Khaleej Investment PJSC's Cyclically Adjusted PB Ratio falls into.
Al Khaleej Investment 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.
* 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.
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 1.56 mean?
Al Khaleej Investment PJSC (ADX:KICO) has a Cyclically Adjusted PB Ratio of 1.56 as of Jul. 19, 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 Al Khaleej Investment PJSC and its competitors. This is 21% above median its historical median of 1.29. Over the past decade, Al Khaleej Investment PJSC's Cyclically Adjusted PB Ratio has ranged from 0.25 to 2.09. According to the industry distribution chart, Al Khaleej Investment PJSC ranks #1133 out of 1440 companies in the Real Estate industry, placing it in the top 78.7%.
Is Al Khaleej Investment PJSC's Cyclically Adjusted PB Ratio too high?
Al Khaleej Investment PJSC's current Cyclically Adjusted PB Ratio of 1.56 is 21% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 2.09. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Al Khaleej Investment PJSC's value of 1.56 is 121.3% above this industry median. Based on the distribution chart, Al Khaleej Investment PJSC ranks #1133 out of 1440 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Al Khaleej Investment PJSC has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al Khaleej Investment PJSC's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Al Khaleej Investment PJSC ranks #1133 out of 1440 companies for Cyclically Adjusted PB Ratio. This places Al Khaleej Investment PJSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Al Khaleej Investment PJSC's value of 1.56 is 121.3% above this benchmark. Historically, Al Khaleej Investment PJSC's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 2.09 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 0.71, Al Khaleej Investment PJSC has consistently been above the industry average. 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 a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,440 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. Al Khaleej Investment PJSC's current Cyclically Adjusted PB Ratio of 1.56 is 121.3% 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 Al Khaleej Investment PJSC and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Khaleej Investment PJSC's current Cyclically Adjusted PB Ratio is 1.56, which is 21% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Khaleej Investment PJSC stock overvalued right now?
Based on GuruFocus' analysis, Al Khaleej Investment PJSC (ADX:KICO) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ1.48, compared to a current price of د.إ5.19 — trading 250.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.56, which is 21% above median its 10-year median of 1.29 and 121.3% above the Real Estate industry median of 0.71. Al Khaleej Investment PJSC's overall GF Score™ is 49/100 with 3 warning signs to review. 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 Al Khaleej Investment PJSC (ADX:KICO), the current Cyclically Adjusted PB Ratio is 1.56 as of Jul. 19, 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 Khaleej Investment PJSC (ADX:KICO) Overvalued in 2026?
Based on GuruFocus' analysis, Al Khaleej Investment PJSC stock appears to be overvalued.
The current stock price of د.إ5.19 is trading 250.7% above its estimated GF Value™ of د.إ1.48.
GuruFocus considers Al Khaleej Investment PJSC to be Significantly Overvalued.
Key valuation signals for ADX:KICO:
Cyclically Adjusted PB Ratio: 1.56 (21% above median its 10-year median of 1.29)
GF Value™: د.إ1.48 vs. price of د.إ5.19 (250.7% above fair value)
Industry Position: 121.3% above the Real Estate median (#1133 of 1440)
No single metric tells the full story. See the ADX:KICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Al Khaleej Investment PJSC is engaged in investment activities, including the establishment and management of commercial and real estate enterprises, private fund investments, building maintenance, real estate inspection services, and property development. The company operates through segments, comprising Real Estate and Investments, with the Real Estate segment generating the majority of revenue. It operates in the United Arab Emirates.
49GF Score
Get the complete analysis for ADX:KICO
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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