Emaar Misr for DevelopmentE (CAI:EMFD) Cyclically Adjusted PB Ratio: 2.08 (As of Jul. 22, 2026) — 18% Above Median

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CAI:EMFD Emaar Misr for Development SAE CAI:EMFD
80 GF Score
Price E£11.89
GF Value E£8.31
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Emaar Misr for DevelopmentE Cyclically Adjusted PB Ratio?

Emaar Misr for DevelopmentE CAI:EMFD +1.62% 80 Cyclically Adjusted PB Ratio is 2.08 as of Jul. 22, 2026, which is 18% above its 10-year median of 1.76. GuruFocus rates CAI:EMFD with a GF Score™ of 80/100 and a GF Value™ of E£8.31 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,433 Real Estate companies, Emaar Misr for DevelopmentE ranks worse than 84.65% on this metric.

As of today (2026-07-22), Emaar Misr for DevelopmentE's current share price is E£11.89. Emaar Misr for DevelopmentE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was E£5.72. Emaar Misr for DevelopmentE's Cyclically Adjusted PB Ratio for today is 2.08.

The historical rank and industry rank for Emaar Misr for DevelopmentE's Cyclically Adjusted PB Ratio or its related term are showing as below:

CAI:EMFD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.76   Max: 2.19
Current: 2.06

During the past years, Emaar Misr for DevelopmentE's highest Cyclically Adjusted PB Ratio was 2.19. The lowest was 1.11. And the median was 1.76.

CAI:EMFD's Cyclically Adjusted PB Ratio is ranked worse than
84.65% of 1433 companies
in the Real Estate industry
Industry Median: 0.7 vs CAI:EMFD: 2.06

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.

Emaar Misr for DevelopmentE's adjusted book value per share data for the three months ended in Mar. 2026 was E£13.594. 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 E£5.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emaar Misr for DevelopmentE  (CAI:EMFD) 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.


Emaar Misr for DevelopmentE Cyclically Adjusted PB Ratio Related Terms


Emaar Misr for DevelopmentE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Emaar Misr for DevelopmentE'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.

Emaar Misr for DevelopmentE Cyclically Adjusted PB Ratio Chart

Emaar Misr for DevelopmentE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.12 1.67

Emaar Misr for DevelopmentE Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
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 1.67 1.74 1.86 1.65 1.61

Emaar Misr for DevelopmentE Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Emaar Misr for DevelopmentE'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.


Emaar Misr for DevelopmentE Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar Misr for DevelopmentE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Emaar Misr for DevelopmentE's Cyclically Adjusted PB Ratio falls into.


CAI:EMFD
80GF Score
Emaar Misr for Development SAE CAI:EMFD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Emaar Misr for DevelopmentE 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.

Emaar Misr for DevelopmentE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.89/5.72
=2.08

* 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.

Emaar Misr for DevelopmentE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Emaar Misr for DevelopmentE's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=13.594/330.2130*330.2130
=13.594

Current CPI (Mar. 2026) = 330.2130.

Emaar Misr for DevelopmentE Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.454 238.638 2.012
201509 1.452 237.945 2.015
201512 1.488 236.525 2.077
201603 1.547 238.132 2.145
201606 1.644 241.018 2.252
201609 1.725 241.428 2.359
201612 1.860 241.432 2.544
201703 1.956 243.801 2.649
201706 2.075 244.955 2.797
201709 2.181 246.819 2.918
201712 2.368 246.524 3.172
201803 2.479 249.554 3.280
201806 2.611 251.989 3.422
201809 2.756 252.439 3.605
201812 3.122 251.233 4.103
201903 3.215 254.202 4.176
201906 3.143 256.143 4.052
201909 3.261 256.759 4.194
201912 3.506 256.974 4.505
202003 3.554 258.115 4.547
202006 3.635 257.797 4.656
202009 3.732 260.280 4.735
202012 3.877 260.474 4.915
202103 4.139 264.877 5.160
202106 4.316 271.696 5.246
202112 4.932 278.802 5.841
202206 5.612 296.311 6.254
202212 6.381 296.797 7.099
202303 0.000 301.836 0.000
202306 7.151 305.109 7.739
202309 0.000 307.789 0.000
202312 7.885 306.746 8.488
202403 9.151 312.332 9.675
202406 9.573 314.175 10.062
202409 10.169 315.301 10.650
202412 13.409 315.605 14.030
202503 11.761 319.799 12.144
202506 11.869 322.561 12.151
202509 11.938 324.800 12.137
202603 13.594 330.213 13.594

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 2.08 mean?
Emaar Misr for DevelopmentE (CAI:EMFD) has a Cyclically Adjusted PB Ratio of 2.08 as of Jul. 22, 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 Emaar Misr for DevelopmentE and its competitors. This is 18% above median its historical median of 1.76. Over the past decade, Emaar Misr for DevelopmentE's Cyclically Adjusted PB Ratio has ranged from 1.11 to 2.19. According to the industry distribution chart, Emaar Misr for DevelopmentE ranks #1213 out of 1433 companies in the Real Estate industry, placing it in the top 84.6%.
Is Emaar Misr for DevelopmentE's Cyclically Adjusted PB Ratio too high?
Emaar Misr for DevelopmentE's current Cyclically Adjusted PB Ratio of 2.08 is 18% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 2.19. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. Emaar Misr for DevelopmentE's value of 2.08 is 197.1% above this industry median. Based on the distribution chart, Emaar Misr for DevelopmentE ranks #1213 out of 1433 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Emaar Misr for DevelopmentE has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emaar Misr for DevelopmentE's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Emaar Misr for DevelopmentE ranks #1213 out of 1433 companies for Cyclically Adjusted PB Ratio. This places Emaar Misr for DevelopmentE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.70. Emaar Misr for DevelopmentE's value of 2.08 is 197.1% above this benchmark. Historically, Emaar Misr for DevelopmentE's own Cyclically Adjusted PB Ratio has ranged from 1.11 to 2.19 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 0.70, Emaar Misr for DevelopmentE 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 0.70, based on 1,433 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. Emaar Misr for DevelopmentE's current Cyclically Adjusted PB Ratio of 2.08 is 197.1% 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 Emaar Misr for DevelopmentE and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emaar Misr for DevelopmentE's current Cyclically Adjusted PB Ratio is 2.08, which is 18% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emaar Misr for DevelopmentE stock overvalued right now?
Based on GuruFocus' analysis, Emaar Misr for DevelopmentE (CAI:EMFD) is currently considered Significantly Overvalued. The stock's GF Value™ is E£8.31, compared to a current price of E£11.89 — trading 43.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.08, which is 18% above median its 10-year median of 1.76 and 197.1% above the Real Estate industry median of 0.70. Emaar Misr for DevelopmentE's overall GF Score™ is 80/100 with 8 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 Emaar Misr for DevelopmentE (CAI:EMFD), the current Cyclically Adjusted PB Ratio is 2.08 as of Jul. 22, 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 Emaar Misr for DevelopmentE (CAI:EMFD) Overvalued in 2026?

Based on GuruFocus' analysis, Emaar Misr for DevelopmentE stock appears to be overvalued. The current stock price of E£11.89 is trading 43.1% above its estimated GF Value™ of E£8.31. GuruFocus considers Emaar Misr for DevelopmentE to be Significantly Overvalued.

Key valuation signals for CAI:EMFD:

  • Cyclically Adjusted PB Ratio: 2.08 (18% above median its 10-year median of 1.76)
  • GF Value™: E£8.31 vs. price of E£11.89 (43.1% above fair value)
  • GF Score™: 80/100 with 8 warning signs
  • Industry Position: 197.1% above the Real Estate median (#1213 of 1433)

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


Emaar Misr for DevelopmentE Business Description

Address Mokattam, P.O. Box 229, Cairo, EGY, 11571
Emaar Misr for Development SAE engages in the property development activities in Egypt. Its projects include Uptown Cairo, a mixed-use development project, which offers a range of amenities, including shopping centers, a business park, hotels, a spa, and golf courses. The company is also developing Mivida, a residential community, which consists of amenities, such as business and central park.
80GF Score

Get the complete analysis for CAI:EMFD

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

E£11.89
Price
E£8.31
GF Value