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Al Waha Capital PJSCADX:WAHA +0.57%62 Cyclically Adjusted PB Ratio is 0.79 as of Jul. 26, 2026, which is 8% above its 10-year median of 0.73. GuruFocus rates ADX:WAHA with a GF Score™ of 62/100 and a GF Value™ of د.إ2.54 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,002 Asset Management companies, Al Waha Capital PJSC ranks better than 54.69% on this metric.
The historical rank and industry rank for Al Waha Capital PJSC's Cyclically Adjusted PB Ratio or its related term are showing as below:
ADX:WAHA'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.73 Max: 1.38
Current: 0.79
During the past years, Al Waha Capital PJSC's highest Cyclically Adjusted PB Ratio was 1.38. The lowest was 0.30. And the median was 0.73.
ADX:WAHA's Cyclically Adjusted PB Ratio is ranked better than 54.69% of 1002
companies
in the Asset Management industry
Industry Median: 0.84
vs ADX:WAHA: 0.79
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 Waha Capital PJSC's adjusted book value per share data for the three months ended in Mar. 2026 was د.إ2.491. 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.إ2.21 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Al Waha Capital PJSC (ADX:WAHA) 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 Waha Capital PJSC Cyclically Adjusted PB Ratio Related Terms
Al Waha Capital PJSC Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Al Waha Capital 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 Waha Capital PJSC Cyclically Adjusted PB Ratio Chart
ADX:WAHA vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison
For the Asset Management subindustry, Al Waha Capital 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 Waha Capital PJSC Cyclically Adjusted PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Al Waha Capital PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Al Waha Capital PJSC's Cyclically Adjusted PB Ratio falls into.
Al Waha Capital 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 0.79 mean?
Al Waha Capital PJSC (ADX:WAHA) has a Cyclically Adjusted PB Ratio of 0.79 as of Jul. 26, 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 Waha Capital PJSC and its competitors. This is near median its historical median of 0.73. Over the past decade, Al Waha Capital PJSC's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.38. According to the industry distribution chart, Al Waha Capital PJSC ranks #454 out of 1002 companies in the Asset Management industry, placing it in the top 45.3%.
Is Al Waha Capital PJSC's Cyclically Adjusted PB Ratio too high?
Al Waha Capital PJSC's current Cyclically Adjusted PB Ratio of 0.79 is near median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.38. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. Al Waha Capital PJSC's value of 0.79 is 6% below this industry median. Based on the distribution chart, Al Waha Capital PJSC ranks #454 out of 1002 companies in the Asset Management industry, which is above the industry midpoint. Overall, Al Waha Capital PJSC has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Al Waha Capital PJSC's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Al Waha Capital PJSC ranks #454 out of 1002 companies for Cyclically Adjusted PB Ratio. This puts Al Waha Capital PJSC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.84. Al Waha Capital PJSC's value of 0.79 is 6% below this benchmark. Historically, Al Waha Capital PJSC's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.38 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.84, Al Waha Capital PJSC has consistently been below 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 1,002 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 Waha Capital PJSC's current Cyclically Adjusted PB Ratio of 0.79 is 6% below 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 Waha Capital PJSC and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Waha Capital PJSC's current Cyclically Adjusted PB Ratio is 0.79, which is near median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Waha Capital PJSC stock overvalued right now?
Based on GuruFocus' analysis, Al Waha Capital PJSC (ADX:WAHA) is currently considered Possible Value Trap. The stock's GF Value™ is د.إ2.54, compared to a current price of د.إ1.75 — trading 31.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is near median its 10-year median of 0.73 and 6% below the Asset Management industry median of 0.84. Al Waha Capital PJSC's overall GF Score™ is 62/100 with 4 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 Waha Capital PJSC (ADX:WAHA), the current Cyclically Adjusted PB Ratio is 0.79 as of Jul. 26, 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 Waha Capital PJSC (ADX:WAHA) Overvalued in 2026?
Based on GuruFocus' analysis, Al Waha Capital PJSC stock appears to be undervalued.
The current stock price of د.إ1.75 is trading 31.1% below its estimated GF Value™ of د.إ2.54.
GuruFocus considers Al Waha Capital PJSC to be Possible Value Trap.
Key valuation signals for ADX:WAHA:
Cyclically Adjusted PB Ratio: 0.79 (near median its 10-year median of 0.73)
GF Value™: د.إ2.54 vs. price of د.إ1.75 (31.1% below fair value)
Industry Position: 6% below the Asset Management median (#454 of 1002)
No single metric tells the full story. See the ADX:WAHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Al Waha Capital PJSC is engaged in investment management activities carried out directly. The Company's objective is to generate returns from capital appreciation and investment income by investing in a diversified portfolio across public markets, industrial real estate, investments in infrastructure, healthcare, fintech and oil and gas. It has four segments Waha Land, Public Markets, Corporate, and Private Investment. The company generates majority of revenue from Private Investment. The Private Investments segment holds all of the Group's proprietary investments in diversified industries including financial services, infrastructure, oil and gas, fintech and healthcare. Its funds are Waha Emerging Markets Credit Fund, Waha MENA Equity Fund, and Waha Islamic Income Fund.
62GF Score
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