RAK Properties PJSC (ADX:RAKPROP) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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ADX:RAKPROP RAK Properties PJSC ADX:RAKPROP
90 GF Score
Price د.إ1.06
GF Value د.إ1.35
Valuation Modestly Undervalued
! 6 Warning Signs
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What is RAK Properties PJSC Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


RAK Properties PJSC  (ADX:RAKPROP) 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.


RAK Properties PJSC Cyclically Adjusted PB Ratio Related Terms


RAK Properties PJSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for RAK Properties 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.

RAK Properties PJSC Cyclically Adjusted PB Ratio Chart

RAK Properties PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.30 0.50 0.51 0.60

RAK Properties PJSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only 0.64 0.66 0.60 0.42 0.47

RAK Properties PJSC Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, RAK Properties 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.


RAK Properties PJSC Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, RAK Properties PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where RAK Properties PJSC's Cyclically Adjusted PB Ratio falls into.


ADX:RAKPROP
90GF Score
RAK Properties PJSC ADX:RAKPROP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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RAK Properties 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.

RAK Properties PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, RAK Properties PJSC's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.008/333.9520*333.9520
=2.008

Current CPI (Jun. 2026) = 333.9520.

RAK Properties PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.802 241.428 2.493
201612 1.851 241.432 2.560
201703 1.820 243.801 2.493
201706 1.831 244.955 2.496
201709 1.831 246.819 2.477
201712 1.886 246.524 2.555
201803 1.826 249.554 2.444
201806 1.828 251.989 2.423
201809 1.817 252.439 2.404
201812 1.833 251.233 2.437
201903 1.835 254.202 2.411
201906 1.841 256.143 2.400
201909 1.849 256.759 2.405
201912 1.873 256.974 2.434
202003 1.833 258.115 2.372
202006 1.838 257.797 2.381
202009 1.846 260.280 2.369
202012 1.880 260.474 2.410
202103 1.912 264.877 2.411
202106 1.930 271.696 2.372
202109 1.967 274.310 2.395
202112 1.975 278.802 2.366
202203 1.987 287.504 2.308
202206 1.984 296.311 2.236
202209 1.985 296.808 2.233
202212 1.982 296.797 2.230
202303 2.003 301.836 2.216
202306 2.024 305.109 2.215
202309 2.032 307.789 2.205
202312 2.069 306.746 2.253
202403 2.047 312.332 2.189
202406 1.769 314.175 1.880
202409 1.806 315.301 1.913
202412 1.853 315.605 1.961
202503 1.873 319.799 1.956
202506 1.901 322.561 1.968
202509 1.920 324.800 1.974
202512 1.981 324.054 2.042
202603 1.996 330.213 2.019
202606 2.008 333.952 2.008

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.

Is RAK Properties PJSC (ADX:RAKPROP) Overvalued in 2026?

Based on GuruFocus' analysis, RAK Properties PJSC stock appears to be undervalued. The current stock price of د.إ1.06 is trading 21.5% below its estimated GF Value™ of د.إ1.35. GuruFocus considers RAK Properties PJSC to be Modestly Undervalued.

Key valuation signals for ADX:RAKPROP:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: د.إ1.35 vs. price of د.إ1.06 (21.5% below fair value)
  • GF Score™: 90/100 with 6 warning signs

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


RAK Properties PJSC Business Description

Address Julphar Towers, P.O. Box 31113, Floor No 40 and 41, Ras Al-Khaimah, ARE
RAK Properties PJSC is a property development and tourism infrastructure firm in the United Arab Emirates. The principal activities of the Group are investing in and developing properties, managing properties, operating hotels, managing marine operations, and providing related services. The Group is organised into three operating segments: property sales, hotel operations and property leasing and other income. The firm generates the majority of its revenue from property sales.
90GF Score

Get the complete analysis for ADX:RAKPROP

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

د.إ1.06
Price
د.إ1.35
GF Value