Al Tajamouat for Touristic Projects Co (AMM:TAJM) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AMM:TAJM Al Tajamouat for Touristic Projects Co PLC AMM:TAJM
58 GF Score
Price JOD0.86
GF Value JOD0.64
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Al Tajamouat for Touristic Projects Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Al Tajamouat for Touristic Projects Co  (AMM:TAJM) 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 Tajamouat for Touristic Projects Co Cyclically Adjusted PB Ratio Related Terms


Al Tajamouat for Touristic Projects Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Al Tajamouat for Touristic Projects Co'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 Tajamouat for Touristic Projects Co Cyclically Adjusted PB Ratio Chart

Al Tajamouat for Touristic Projects Co 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 1.63 0.79 1.02 1.02 1.00

Al Tajamouat for Touristic Projects Co 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 0.82 0.94 1.04 0.93 0.84

AMM:TAJM vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Al Tajamouat for Touristic Projects 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 Tajamouat for Touristic Projects Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Al Tajamouat for Touristic Projects Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Al Tajamouat for Touristic Projects Co's Cyclically Adjusted PB Ratio falls into.


AMM:TAJM
58GF Score
Al Tajamouat for Touristic Projects Co PLC AMM:TAJM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al Tajamouat for Touristic Projects Co 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.

Al Tajamouat for Touristic Projects Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Al Tajamouat for Touristic Projects Co'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)
=1.127/333.9520*333.9520
=1.127

Current CPI (Jun. 2026) = 333.9520.

Al Tajamouat for Touristic Projects Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.010 241.428 0.014
201612 0.010 241.432 0.014
201703 0.010 243.801 0.014
201706 0.011 244.955 0.015
201709 0.011 246.819 0.015
201712 0.011 246.524 0.015
201803 0.011 249.554 0.015
201806 0.011 251.989 0.015
201809 0.011 252.439 0.015
201812 0.011 251.233 0.015
201903 0.011 254.202 0.014
201906 0.011 256.143 0.014
201909 0.011 256.759 0.014
201912 0.011 256.974 0.014
202003 0.011 258.115 0.014
202006 1.109 257.797 1.437
202009 1.114 260.280 1.429
202012 1.111 260.474 1.424
202103 1.114 264.877 1.405
202106 1.118 271.696 1.374
202109 1.120 274.310 1.364
202112 1.121 278.802 1.343
202203 1.126 287.504 1.308
202206 1.133 296.311 1.277
202209 1.138 296.808 1.280
202212 1.145 296.797 1.288
202303 1.152 301.836 1.275
202306 1.160 305.109 1.270
202309 1.167 307.789 1.266
202312 1.171 306.746 1.275
202403 1.175 312.332 1.256
202406 1.182 314.175 1.256
202409 1.191 315.301 1.261
202412 1.199 315.605 1.269
202503 1.207 319.799 1.260
202506 1.146 322.561 1.186
202509 1.153 324.800 1.185
202512 1.161 324.054 1.196
202603 1.168 330.213 1.181
202606 1.127 333.952 1.127

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 Al Tajamouat for Touristic Projects Co (AMM:TAJM) Overvalued in 2026?

Based on GuruFocus' analysis, Al Tajamouat for Touristic Projects Co stock appears to be overvalued. The current stock price of JOD0.86 is trading 34.4% above its estimated GF Value™ of JOD0.64. GuruFocus considers Al Tajamouat for Touristic Projects Co to be Significantly Overvalued.

Key valuation signals for AMM:TAJM:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: JOD0.64 vs. price of JOD0.86 (34.4% above fair value)
  • GF Score™: 58/100 with 7 warning signs

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


Al Tajamouat for Touristic Projects Co Business Description

Address Taj Mall - Abdoun, P.O. Box 5376, Amman, JOR, 11183
Al Tajamouat for Touristic Projects Co PLC owns and operates Taj Lifestyle Center. It is a premium destination for shopping, dining, and entertainment in Jordan. Taj Lifestyle Center offers the Kingdom's comprehensive retail mix, dining, and entertainment hub with cinemas, arcades, food courts, kids' zones, restaurants, cafes, and a supermarket.
58GF Score

Get the complete analysis for AMM:TAJM

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

JOD0.86
Price
JOD0.64
GF Value